SBA Loan Packager I

About the Position:

As the SBA Loan Packager I, you will be responsible for ensuring accurate and timely review of SBA loan transactions, producing loan documents, and assisting in the collection of items needed for loan closings. You will also coordinate with customers and all internal units involved in the SBA loan processing process. In addition, you will also be responsible for remaining current on SBA Standard Operating Procedures, compliance with all Bank policies and procedures, and applicable state and federal banking regulations.

What You Will Do:

• Review loan application files to verify that application data is complete, accurate, and meets standards established by loan policy and SBA guidelines
• Prepare the SBA submission package and ensure all submission items have been obtained and are current
• Work closely with all parties to assist in timely processing, credit approval, and closing of new loan requests
• Order appraisals, appraisal reviews, environmental reports, and any other related reports and documents necessary for the evaluation of the collateral and underwriting of the loan; responsible for managing completion dates and coordinating resolution of quality issues
• Manage process for, but not limited to, the following: business and personal credit reports, Tax Transcripts, and OFAC checks
• Request SBA loan approval through E-Tran or other means
• Approve and manage third party paid referral sources
• Perform E-Tran request to the SBA to obtain a Preferred Lending Program (PLP) or General Processing (GP) loan numbers
• Ensure commitment letters have been returned and the third-party report deposit has been received
• Learn and understand the SBA requirements for SBA eligibility according to the most recent Standard Operating Procedures (SOP) as published by the SBA
• Assist in ensuring an updated pipeline report
• Review for errors and prepare recommendations to correct errors that could potentially put the Bank at risk for losing an SBA guaranty or obtaining penalties
• Remain current on pending and proposed regulatory changes affecting compliance and SOP with SBA
• Perform other duties as assigned

What We’re Looking For:

• One year of experience processing or closing consumer, mortgage, or commercial loans required
• A college degree in business or a paralegal certification is preferred; relevant and commensurate SBA work experience will also be considered
• Knowledge of the US SBA lending program helpful
• Knowledge of required financial and collateral documentation for various loan types
• Excellent written and verbal communication skills
• Interpersonal skills to interact positively and effectively with all levels of employees, management, and third parties
• Demonstrated ability to complete work in a timely, efficient manner with impeccable accuracy
• Self-starter that is able to work independently and as part of a team
• Ability to identify issues and opportunities and explore solutions
• Ability to meet strict timelines and service level agreements
• Strong PC skills required along with an ability to quickly learn new systems

Working Conditions/Demands:

• Professional office setting.
• Primarily sedentary position requiring long periods of time working at a computer.
• Must be able to move throughout the office and buildings to obtain or relay information.
• Must be able to perform the essential functions of the position with or without reasonable accommodation.

Who Are We?

We’re not just another bank and we’re not looking for just another employee. Since 1999, First Internet Bank has been dedicat