SBA Closing Team Manager (Remote Opportunity)

Thank you for your interest in a career at Regions. At Regions we believe associates deserve more than just a job. We believe in offering performance-driven individuals a place where they can build a career --- a place to expect more opportunities. If you are focused on results dedicated to quality strength and integrity and possess the drive to succeed then we are your employer of choice.

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Job Description:

At Regions the SBA (Small Business Administration) Closing Team Manager is responsible for managing closing functions from loan approval through booking and funding for SBA 7 (a) Express and 504 government guaranteed loans. This position manages a team of SBA Closing Specialists. The SBA Closing Team Manager plays a critical role in our SBA loan process ensuring loan fulfillment and closing processes are operationally sound and comply with SBA standard operating procedures with a focus towards client experience.

Primary Responsibilities

• Leads a team of SBA Closing Specialists responsible for closing SBA loan transactions adhering to all credit regulatory procedural and SBA guaranty requirements
• Provides oversight and expertise for items related to credit loan and SBA documentation policies closing due diligence regulatory requirements (including BSA/AML Beneficial Ownership OFAC Flood Regulations) and systems used within the department
• Develops strategies and recommendations for improving efficiency productivity quality and risk management within the SBA segment and collaborates with business partners to communicate ideas and recommendations to senior and executive management
• Acts as the SBA closing/processing subject matter expert by having extensive knowledge of SBA Standard Operating Procedures (SOPs)
• Recommends updates to Regions SBA processes and procedures in accordance with SBA Standard Operating Procedures industry best practices and relevant modifications to SOP
• Exercises independent decisions regarding compliance with bank and SBA documentation requirements
• Facilitates all closing related communication with SBA via eTran direct submissions or directly with SBA Officials
• Serves as the primary escalation contact for business partners regarding questions issues or concerns with team performance or transactional issues
• Manages daily workflow and ensures staff is properly trained and adheres to policy and procedures
• Oversees all communication efforts between SBA Closing Specialist and borrower SBA Bankers internal staff and external partners to deliver an optimal client experience
• Provides coaching and support to staff including facilitating regular team meetings and 1:1 sessions for associate development
• Performs general management duties exercising usual authority concerning staffingperformance reviews promotions and terminations
• Manages team performance metrics but not limited to SLAs production quality assurance document exceptions etc.
• Develops and sustains relationships with both internal and external key partners including SBA and third-party vendors such as closing attorneys

This position is exempt from timekeeping requirements under the Fair Labor Standards Act and is not eligible for overtime pay.

Requirements

• Bachelors degree in a related field with six (6) years of years of SBA closing experience and knowledge of SBA loan program requirements or equivalent work experience
• Or High School Diploma or GED with ten (10) years of years of SBA closing experience and knowledge of SBA loan program requirements or equivalent work experience
• Three (3) years of prior management leadership or coaching experience
• Experience reviewing insurance title work collateral lien filings appraisals construction due diligence and environmental reports
• Experience working with bankers underwriters closers insurance firms and attorneys
• Experience with commercial loan systems

Preferences

• Advanced knowledge of SBAs SOP requirements and regulations

• Specialized training in title real estate government programs (SBA) and specialized lending programs

• Experience with nCino and/or related Salesforce platforms

• Experience with SBA systems (ETran SBA One TSOFT)

• Experience with LaserPro

Skills and Competencies

• Ability and knowledge to work on the most complex loan files
• Demonstrated verbal and written communication skills
• Proficient in Microsoft Office (Excel Word PowerPoint Outlook etc.)
• Strong attention to detail
• Strong interpersonal skills
• Strong organizational skills and the ability to handle multiple tasks under tight time constraints
• Strong work ethic and responds with a sense of urgency

• Selected candidate must have extensive experience with large dollar and small dollar 7a and 504 SBA loans.
• Candidate can be must be located within U.S. If located in Birmingham AL position will be onsite 4 days a week. If located outside of Birmingham position can be fully remote.

Position Type

Compensation Details

Pay ranges are job specific and are provided as a point-of-market reference for compensation decisions. Other factors which directly impact pay for individual associates include: experience skills knowledge contribution job location and most importantly performance in the job role. As these factors vary by individuals pay will also vary among individual associates within the same job.

The target information listed below is based on the Metropolitan Statistical Area Market Range for where the position is located and level of the position.

Job Range Target:

Minimum:

Median:

Incentive Pay Plans:

Benefits Information

Regions offers a benefits package that is flexible comprehensive and recognizes that one size does not fit all for benefits-eligible associates. Listed below is a synopsis of the benefits offered by Regions for informational purposes which is not intended to be a complete summary of plan terms and conditions.

• Paid Vacation/Sick Time

• 401K with Company Match

• Medical Dental and Vision Benefits

• Disability Benefits

• Health Savings Account

• Flexible Spending Account

• Life Insurance

• Parental Leave

• Employee Assistance Program

• Associate Volunteer Program

Please note benefits and plans may be changed amended or terminated with respect to all or any class of associate at any time. To learn more about Regions benefits please click or copy the link below to your browser.

DetailsRiverchase Complex North Building

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