Loan Processor I
Loan Processor I
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Not Disclosed
Salary Not Disclosed
1 Vacancy
Job Description
Job Details
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 Were 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
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 state-charted 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 newly-built state-of-the-art 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 ergonomically-designed 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 60-1.35(c). Click here to read more.
Employment Type
Unclear
