Job Details
SBA Closing Specialist
2024-11-22 Citizens Bank all cities,NC
Description:
Bachelor's Degree and 4 years of experience in credit administration with small business administration servicing, closing, or underwriting OR High School Diploma or GED and 8 years of experience in credit administration with small business administration servicing, closing, or underwriting.
Detailed knowledge of loan closing documentation and requirements, Proficient with computers, software, applications, and applicable mainframe systems
If hired in Illinois, the base pay for this position is generally between $38.74 and $52.41 per hour. Actual starting base pay will be determined based on skills, experience, location and other non-discriminatory factors permitted by law. For some roles, total compensation may also include variable incentives, bonuses, benefits, and/or other awards as outlined in the offer of employment.
First Citizens benefits programs are designed to meet our Associates where they are in life. Full-time associates (20+ hours) are offered a comprehensive benefits program, with customized offerings, including those designed to support families, however defined. More information regarding our benefits offerings can be bound here:
Overview
This is a remote role that may only be hired in the following location(s): North Carolina.
This position is responsible for closing of all Small Business Administration (SBA) 7(a) loans in compliance with company and SBA policy. Reviews loan documentation to identify and resolve potential problems in the closing process, ensuring that all pre-closing requirements are satisfied. Coordinates internal loan team and necessary external professionals, and communicates directly with client and Bank closing counsel to resolve open closing conditions. Supports accurate, efficient loan closing to achieve department goals and profitability objectives.
Responsibilities
- Loan Closing - Coordinates all aspects of the loan closing process while ensuring compliance with SBA policies and procedures. Coordinates necessary parties in order to accurately and successfully complete the process.
- Loan Support - Resolves any pending closing conditions by engaging with Bank closing counsel. Ensures that pre-closing requirements are satisfied in accordance with appropriate standards. Assembles and reviews due diligence, and ensures that included documentation is satisfactory to the Bank.
- Auditing - Performs pre-closing audits of all submitted documents and conditions to ensure SBA eligibility.
- Quality Control - Completes quality checks of loan packages, document deficiencies, and resolves exceptions with customers and bankers.
Bachelor's Degree and 4 years of experience in credit administration with small business administration servicing, closing, or underwriting OR High School Diploma or GED and 8 years of experience in credit administration with small business administration servicing, closing, or underwriting.
Detailed knowledge of loan closing documentation and requirements, Proficient with computers, software, applications, and applicable mainframe systems
If hired in Illinois, the base pay for this position is generally between $38.74 and $52.41 per hour. Actual starting base pay will be determined based on skills, experience, location and other non-discriminatory factors permitted by law. For some roles, total compensation may also include variable incentives, bonuses, benefits, and/or other awards as outlined in the offer of employment.
First Citizens benefits programs are designed to meet our Associates where they are in life. Full-time associates (20+ hours) are offered a comprehensive benefits program, with customized offerings, including those designed to support families, however defined. More information regarding our benefits offerings can be bound here: