AVP, SBA Closing Manager

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profile Job Location:

Fishers, IN - USA

profile Monthly Salary: Not Disclosed
Posted on: Yesterday
Vacancies: 1 Vacancy

Job Summary

Job Details

First Internet Bank of Indiana Fishers - Fishers IN

About the Position:

As the Assistant Vice President Small Business Administration (SBA) Closing Manager you will be responsible for supervising SBA Closing Team Lead and also a group of SBA Loan Closers. Your responsibilities will include ensuring accurate and timely review of SBA loan transactions ensuring all items needed for closing are obtained all collateral is perfected appropriately communicating issues that might negatively impact the Bank serving as a customer facing representative of the SBA department as needed and ensuring compliance with SBA SOP. Your duties will also include coordinating with the SBA department peers Lenders Credit Administration Loan Operations Bank Counsel and Customers on loan closing transactions and processes. You will also remain current on SBA SOP regulations all Bank policies and procedures and applicable state and federal banking regulations.

What You Will Do:

  • Provide effective professional oversight and supervision to the SBA Loan Closing Team
  • Work with other peers and Senior level management to improve efficiencies and customer experiences during the origination process
  • Coach train and provide career development and learning opportunities to the Closing Team
  • Advise Team Leads in assigning loans to Closers via the nCino system upon approval
  • Manage a workload that includes multi-tasking and the ability to prioritize any conflicting issues
  • Interact with underwriters referral partners borrowers attorneys and other 3rd party vendors as needed to ensure all conditions are met for closing
  • Periodically audit work completed by the Closing Team to ensure it meets all legal SBA SOP and internal requirements prior to closing a loan
  • Assist in the review of 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
  • Assist in the 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 Post-Closing department when necessary clearing any exceptions within the approved time periods
  • Remain current on all pending and proposed regulatory changes affecting compliance and SBA SOP
  • Provide a high level of customer service to both internal and external customers
  • Run strategic reports to track weekly production and to monitor the Closers pipeline
  • Recommend and effectively communicate changes to processes and SOP and internal requirements
  • Perform other duties as assigned

What Were Looking For:

  • A minimum of seven years SBA closing or legal review experience preferably in a heavy volume SBA 7a closing or paralegal environment. Relevant or commensurate work experience closing other types of loanswill be considered.
  • Associates degree or Paralegal Certificate required Bachelors degree preferred. Relevant or commensurate work and experience in the SBA lending industry will also be considered.
  • Prior experience leading or managing a team
  • Subject Matter Expert of Loan Closing processes and required documentation
  • Ability to mentor and train staff
  • Knowledge of various legal entity borrowing and deal structures
  • Knowledge of Flood Insurance Compliance 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 multi-tasking skills
  • Ability to think outside the box to ensure proper due diligence is performed
  • Capability of working effectively under limited supervision in a fast-paced environment
  • 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.


Required Experience:

Manager

Job Details First Internet Bank of Indiana Fishers - Fishers IN About the Position:As the Assistant Vice President Small Business Administration (SBA) Closing Manager you will be responsible for supervising SBA Closing Team Lead and also a group of SBA Loan Closers. Your responsibilities will inclu...
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Key Skills

  • Presentation Skills
  • Risk Management
  • Financial Services
  • IFRS
  • Banking
  • Pricing
  • Analysis Skills
  • Securities Law
  • Investment Banking
  • Relationship Management
  • Strategic Planning
  • Leadership Experience