Connect One Recruitment

Loan Closer

• Support the Bank’s SBA program by closing and booking approved SBA loans according to bank policies, SBA SOP and SBA Loan Authorization
• Administer loans from origination through settlement and full funding
• Analyze internal loan approvals to determine required due diligence and documentation
• Collect, audit and examine loan-closing documents and third-party reports
• Order and review collateral evaluations and resolve issues
• Review insurance, including flood insurance, for regulatory compliance
• Prepare pre-closing and post-closing checklists
• Package application information for SBA Loan Submission and obtain SBA loan approval
• Track and fund the SBA Guarantee Fee
• Liaise with lenders, bank counsel and title companies
• Review loan documentation for compliance with approvals and policies
• Coordinate closing requirements with internal departments, lenders, counsel and borrowers
• Confirm approval conditions are met and schedule closings
• Account for fees and charges and prepare booking sheets
• Review loans after booking in the system of record
• Resolve loan documentation exceptions and recorded-document requirements
• Maintain the loan pipeline and process approved loans promptly
• Communicate positively with clients, escalate issues and follow through to resolution
• Process administrative actions for existing loans, including modifications, collateral changes and E-Tran updates
• Assist with multi-disbursement loan advances and process loan-proceeds disbursements

SBA Loan Closer

Analyst

• Analyze the creditworthiness of new and existing SBA loans, including SBA eligibility
• Identify policy exceptions and other credit issues to protect the asset quality of the Bank’s commercial loans
• Support preparation of credit analyses for loan requests, including financial statement analysis, collateral analysis, risk rating recommendations, trend analysis, and identification of credit strengths and weaknesses
• Prepare written recommendations on loan approval or alternate loan structures
• Prepare financial statement spreadsheets measuring financial ratio trends
• Assist Loan Officers with annual loan reviews
• Attend Loan Committee
• Support preparation and evaluation of credit proposals
• Provide excellent service and support the Bank’s “People First” focus

SBA Loan Closer

Senior Credit Analyst