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Senior SBA Loan Closing Specialist
Northwest Bank. Perform due diligence on new SBA loans and modifications from customer acceptance through booking/funding .
Core Competencies
Role fitCore Competencies
Use this summary to align your resume positioning with the role.
Demonstrates expertise in SBA loan processing, including due diligence, compliance with SBA guidelines, and effective collaboration with various stakeholders. Proficient in using Loan Origination Systems and managing loan documentation and approvals.
Highest-signal resume keywords
SBA Loan ProcessingLoan Closing OperationsDue Diligence ComplianceLoan Origination System ProficiencySBA Guidelines Knowledge
ATS Keywords
Tailor your resumeApplicant Tracking System Keywords
Tip: use these terms in your resume and cover letter to boost ATS matches.
Hard Skills
Loan DocumentationLoan Approval ConditionsLegal Agreement CreationPost-Closing Document ExaminationSBA Forms CompletionE-Tran SubmissionCAIVRS VerificationIRS Tax Transcript ReviewWorkflow Best PracticesBusiness Entity Identification
Soft Skills
CollaborationMentoringCommunication
Tools & Technologies
Microsoft OfficeLoan Origination SystemDepartment-Specific Software
Industry Keywords
SBALoan OperationsFederal RegulationsState RegulationsSafety Practices
About the role
Key responsibilities & impact- Perform due diligence on new SBA loans and modifications from customer acceptance through booking/funding
- Collaborate with SBA Sales and SBA credit to satisfy due diligence and SBA guidelines
- Report loan-closing progress to leadership regularly
- Develop SBA process and procedure materials with leadership and provide education to the field
- Identify business entity types and collect required legal documentation
- Use the Loan Origination System and identify workflow best practices
- Order, review, and analyze third-party collateral documents
- Complete loan approval-condition due diligence and customer identification requirements
- Verify approval by the appropriate authority, including SBA, FSA, and other applicable entities
- Coordinate between lenders, underwriters, customers, attorneys, title companies, and SBA
- Index approval and due diligence documentation accurately in the system of record
- Create legal agreements and contracts using loan documentation software
- Conduct post-closing document examinations and upload documents to the system of record
- Verify fees, loan proceeds disbursement, and loan servicing information
- Build loans in the SBA module of the Loan Origination System
- Complete and execute SBA forms and disclosures
- Submit and obtain SBA approvals through E-Tran or SBA One
- Order and review CAIVRS and IRS Tax Transcript verifications
- Coordinate and execute Letter of Credit documentation for Small Business portfolios
- Support all SBA closings regardless of line of business
- Mentor junior team members as needed
- Complete special projects and other management-requested duties
- Follow required safety and loss-prevention practices
Requirements
What you’ll need- Bachelor's degree in a related field preferred
- 5 - 6 years previous SBA experience preferred
- 5 - 6 years previous loan closing / loan operations experience required
- Proficiency with Microsoft Office software, computer applications, and department-specific software
- Knowledge of SBA guidelines, changes, and processes
- Ability to work with on-site equipment
- Ability to comply with Northwest’s policies and procedures and Federal/State regulations