SBA Disbursement Coordinator at ConnectOne Bank

Nanuet, New York, United States -

Full Time

Start Date

Immediate

Expiry Date

02 Jul, 26

Salary

70000.0

Posted On

03 Apr, 26

Experience

0 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

SBA 7(a), SBA 504, SBA Express, Construction lending, Multi-advance disbursements, Loan servicing, Collateral perfection, Regulatory compliance, Audit-ready documentation, Loan file management, Problem-solving, Attention to detail, Customer service, Financial analysis

Industry

Banking

Description

Description About us: ConnectOne Bank proves that putting people first is a better way to do business. At ConnectOne, we’re builders — of businesses, communities, and equity. Most importantly, we’re building opportunities. Our mission is to ensure our employees feel empowered to make important decisions, reach their potential and truly make an impact. ConnectOne is a growth organization by design; it is part of our DNA and we take pride in seeing our employees grow with us. Founded in 2005 by an entrepreneur, we have grown into a high-performing commercial bank, inspiring a new model for our industry’s future. By embracing technology and all the ways it can help us become a world-class service organization, we support small business owners by fueling their mission. People First is the blueprint for our culture. It is at the foundation of everything we do and the decisions we make. At ConnectOne, you have the opportunity to be a part of a dynamic culture and team. Develop your forward-thinking skills, thrive in an entrepreneurial setting, and succeed at “a better place to be”. ConnectOne Bank is an Equal Housing and Equal Opportunity Lender, and a member of the Federal Deposit Insurance Corporation. About this role: The SBA Disbursement Coordinator plays a key role in supporting the post-approval and post-closing phases of SBA-backed loans. This position manages construction and multi-advance disbursements, ensures documentation accuracy, and maintains compliance with SBA and bank requirements. The role works closely with borrowers, contractors, inspectors, and internal teams to ensure timely and accurate disbursement of SBA government-guaranteed loan products. In this role you will: Support the Bank’s “People First” focus and rules of engagement—maintaining a professional demeanor, working as an active member of the CNOB team, providing clients excellent service, always striving to make CNOB “A Better Place to Be” Process SBA 7(a), 504, and SBA Express loans from initial disbursement through full funding. Set up and maintain construction and multi-advance loan disbursement files, ensuring all documentation meets SBA, CNOB, and regulatory standards. Review, analyze, and disburse loan draws in accordance with guidelines, securing required approvals from management. Collect, track, and maintain required insurance documentation; process updates or modifications as needed. Maintain organized, audit-ready loan files to support quality control, internal audits, and SBA compliance reviews. Order and review third-party inspection reports and title endorsements; resolve discrepancies with borrowers, contractors, title companies, or internal stakeholders. Serve as a primary point of contact for borrowers and vendors throughout the disbursement process. Support SBA Operations with additional duties and special projects as assigned. Must haves: Strong “People First” interest and ability. Strong understanding of SBA 7(a), 504, and SBA Express loan programs. Experience with construction lending, multi-advance disbursements, or loan servicing preferred. Familiarity with collateral perfection requirements and regulatory compliance. Strong organizational skills with the ability to maintain audit-ready files. Ability to manage multiple loans and deadlines simultaneously. Problem-solving mindset with the ability to resolve issues with borrowers and vendors. Minimum 1-3 years of SBA experience Bonus Points For: High attention to detail capable of identifying discrepancies in documentation Additional information Benefits: World class health, vision, and dental benefits on day one 401k with employer match Hybrid work from home (depending on role) Employee appreciation events (team building, softball games, food truck days, etc..) Employee assistance programs (EAP) Wellness programs (flu shot, preventive care, health programs and services discounts, etc..) Tuition reimbursement Employee Discount perks CNOB Community Service Events ….and much, much more! Studies have shown that individuals from underrepresented groups, may only apply to roles if they meet 100% of the qualifications. Roles evolve over time, especially with innovation, and you may be just the person we need. We hope you're open to learning new skills and growing with us. We encourage you to apply to continue making us “a better place to be!” ConnectOne Bank is an equal opportunity employer and does not discriminate with respect to any term, condition or privilege of employment based on race, color, religion, sex, sexual orientation, gender identity or expression, age, disability, military or veteran status, marital status, or status of an individual in any group or class protected by applicable federal, state, or local law. ConnectOne Bank also provides reasonable accommodations for qualified individuals with disabilities in accordance with the Americans with Disabilities Act and applicable state and local laws. If an accommodation is needed to participate in the job application or interview process, please contact Talent Acquisition.

Responsibilities

The SBA Disbursement Coordinator manages the post-approval and post-closing phases of SBA-backed loans, including construction and multi-advance disbursements. They serve as a primary point of contact for borrowers and vendors while ensuring all loan documentation meets regulatory and bank standards.