SBA Loan Closer I at First Internet Bank

Fishers, Indiana, United States -

Full Time

Start Date

Immediate

Expiry Date

27 Mar, 26

Salary

0.0

Posted On

27 Dec, 25

Experience

0 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

SBA Loan Closing, Banking Experience, Customer Service, Multi-tasking, Communication Skills, Legal Documentation, Entity Documentation, Flood Insurance Compliance, Loan Closing Processes, Problem Solving, Attention to Detail, Time Management, Teamwork, Adaptability, Initiative

Industry

Banking

Description

Job Details Job Location: First Internet Bank of Indiana Fishers - Fishers, IN 46038 About the Position: As the Small Business Administration (SBA) Loan Closer I, you will be responsible for ensuring accurate and timely review of SBA loan transactions, ensuring all items needed for closing are obtained, and all collateral is perfected appropriately. Your duties will include coordinating with the SBA lenders, Credit Administration, Loan Operations, and customers on closing loan transactions. You will be also responsible for remaining current on SBA SOP regulations, as well as compliance with all Bank policies and procedures, as well as, all applicable state and federal banking regulations. What You Will Do: Manage a workload that includes multi-tasking and the ability to prioritize any conflicting issues Review approved Credit Approval Document; coordinate with customer for any documentation needed prior to or at closing Interact with the underwriters, referral partners, borrowers, attorneys, and other 3rd party vendors to ensure all conditions are met for closing. Review 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 Prepare necessary lien perfection documents to protect the Bank’s security interest in pledged collateral Request, review and prepare all related Equity Injection documentation Request and 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 SOP with SBA Provide a high level of customer service to both internal and external customers Perform other duties as assigned What We’re Looking For: Minimum of one year of general banking experience or loan closing experience required Minimum of one year of previous SBA Closing experience preferred Heavy volume closing experience preferred Bachelor’s degree, associate’s degree, or paralegal certificate preferred; Relevant and commensurate work and experience in the SBA Lending industry will also be considered. Knowledge of various legal entity borrowing structures such a Limited Liability Companies, Corporations, Partnerships, Tenant in Common structures, etc. Ability to navigate nationwide Secretary of State sites as deemed necessary to identify entity documentation needed. Knowledge of Flood Insurance Compliance and required documentation Knowledge of Loan Closing processes 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 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? We’re not just another bank and we’re 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 innovators…those who challenge the status quo because change really is the only constant. Ready to join a team of imaginative, driven individuals like you? It’s your career, you deserve to imagine more. Keep reading, we think you will like you what see. Qualifications 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, we’ve 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 175,000 square foot facility headquarters was designed with our team in mind and features an 18,000 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, and Vision Insurance for Full-Time employees - Eligibility begins on day one of employment 401(k) Retirement Plan with Generous Match for Full-Time and Part-Time employees - Eligibility begins on day one of employment Professional Development Reimbursement At Least 3 Weeks Paid Vacation Annually - For New Employees, Paid Vacation is Adjusted Based on Start Date Eleven Paid Holidays Paid Volunteer Time Annual First Internet Bank-branded merchandise 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 contractor’s legal duty to furnish information. 41 CFR 60-1.35(c). Click here to read more.

Responsibilities

The SBA Loan Closer I is responsible for the accurate and timely review of SBA loan transactions, coordinating with various stakeholders to ensure all closing requirements are met. This includes reviewing legal documents, preparing lien perfection documents, and assisting the Post-Closing department as needed.