SBA Loan Closer II

About the Role:

As the SBA Loan Closer II you are responsible for ensuring accurate and timely review of SBA loan transactions ensuring all items needed for closing are obtained and all collateral is perfected appropriately. Duties include coordinating with the SBA lenders Credit Administration Loan Operations and customers on closing loan transactions. You will also responsible for remaining current on SBA SOP regulations as well as compliance with all Bank policies and procedures as well as all applicable state and federal banking regulations.

Responsibilities:

• Manage a workload that includes multitasking and the ability to prioritize any conflicting issues
• Review approved Credit Approval Document; coordinate with customer for any documentation needed prior to or at closing
• Interact with the underwriters referral partners borrowers attorneys and other 3^rd party vendors to ensure all conditions are met for closing.
• Review title commitments title searches other real estate related documents entity documentation and legal documents of borrowers and ensures all Bank and SBA requirements have been met
• Prepare necessary lien perfection documents to protect the Banks security interest in pledged collateral
• Request review and prepare all related Equity Injection documentation
• Request and review all loan documentation from Bank Counsel for various types of loans including but not limited to SBA 7(a) Express Line of Credit and potential SBA 504
• Assist PostClosing department when necessary clearing any exceptions within the approved time periods.
• Remain current on all pending and proposed regulatory changes affecting compliance and SOP with SBA
• Provide a high level of customer service to both internal and external customers
• Recommend changes to processes and increased efficiencies to management
• Perform other duties as assigned

Qualifications:

• Minimum of two years of previous SBA Closing experience preferably in a heavy volume shop
• Minimum of one year of general banking experience preferred
• Associates/Bachelors degree or Paralegal Certificate preferred. Relevant and commensurate work and experience in the SBA Lending industry will also be considered.
• Knowledge of various legal entity borrowing structures such a Limited Liability Companies Corporations Partnerships Tenant in Common structures etc.
• Ability to navigate nationwide Secretary of State sites as deemed necessary to identify entity documentation needed.
• Knowledge of Flood Insurance Compliance and required documentation
• Knowledge of Loan Closing processes and required documentation
• Excellent written and verbal communication skills
• Interpersonal skills to interact positively and effectively with all levels of employees management and third parties
• Possess excellent multitasking skills
• Ability to think outside the box to ensure proper due diligence is performed
• Capability of working effectively under limited supervision
• 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

Were not just another bank and were not looking for just another employee. Since 1999 First Internet Bank has been dedicated to finding a better way to bank and doing things that have never been done before. Yes we really were the first statecharted FDIC insured bank to operate entirely online and we have been leading the way ever since.

We seek the game changers the innovatorsthose who challenge the status quo because change really is the only constant. Ready to join a team of imaginative driven individuals like you Its your career you deserve to imagine more. Keep reading we think you will like you what see.

Why Join Us

Our success has been driven in part by four core competencies customer focus teamwork adaptability and initiative. Collectively they define our actions and are at the heart of all we do. As a result weve been fortunate to have been named numerous times as an Indianapolis Star Top Workplace and one of the Best Banks to Work For! Headquartered in downtown Fishers our newlybuilt stateoftheart 175000 square foot facility headquarters was designed with our team in mind and features an 18000 square foot open air deck named The Backyard with fire pits covered pergola waterfall and foliage to create a momentary escape from the work day. Beyond that the onsite fitness center with the latest equipment and ergonomicallydesigned workstations help promote health and wellness. Have we mentioned free snacks soft drinks and beer available on tap Want more How about unlimited volunteer time off and social events to bring us all together to have some more. Why just imagine more take the first step and apply today.

Our benefits package includes the following and so much more:

• Medical Dental Vision Insurance
• 401(k) Retirement Plan with Generous Match
• Professional Development Reimbursement
• 3 Weeks Paid Vacation Plus Paid Holidays
• Paid Volunteer Time
• Business Apparel Allowance

Equal Opportunity Employer Women Minorities Veterans and Individuals with Disabilities

If you are a California resident you may be entitled to certain rights regarding your personal information. Additional information about our data collection practices and location specific notices is available on our privacy policy. Click here to read more.

The contractor will not discharge or in any other manner discriminate against employees or applicants because they have inquired about discussed or disclosed their own pay or the pay of another employee or applicant. However employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information unless the disclosure is (a) in response to a formal complaint or charge (b) in furtherance of an investigation proceeding hearing or action including an investigation conducted by the employer or (c) consistent with the contractors legal duty to furnish information. 41 CFR 601.35(c). Click here to read more