Processor II

Mmc,-LLC-; Los Angeles (CA); On-site; USD 33,062 - 48,216; Full time

Benefits offered by this job

Comprehensive Medical

Dental Insurance

Vision Insurance

PTO

12 Paid Holidays

401(k) Match

Gym Facilities (LA & Tustin)

Job summary

Lendistry is seeking a Processor II in Los Angeles to manage SBA loan processing and ensure complete, compliant documentation for 7(a), 504, and related programs. You will coordinate with borrowers, underwriters, and closer teams to assemble required materials and verify SBA eligibility.

The role emphasizes accurate record-keeping, adherence to SOPs, and timely communication with stakeholders. Travel may be required as part of loan processing operations.

Qualifications

• Experience with SBA lending programs (7(a), 504) and government-guaranteed loans.
• Ability to review financial statements, tax returns, and entity documents.
• Knowledge of SBA SOP guidelines and eligibility standards.
• Strong organizational skills for managing multiple loan files.

Responsibilities

• Process SBA loan files to ensure completeness and compliance with SOP.
• Coordinate with borrowers and internal teams to obtain required docs.
• Prepare loan files for SBA 7(a), 504, and other programs.
• Monitor pipeline timelines and follow up on conditions.

Skills

SBA lending knowledge

Loan processing

Document review

Regulatory compliance

Communication

Tools

Loan origination systems

Document management platforms

Microsoft Office

Job description

Lendistry is an Equal Opportunity/Affirmative Action Employer. We consider applicants without regard to race, color, religion, age, national origin, ancestry, ethnicity, gender, gender identity, gender expression, sexual orientation, marital status, veteran status, disability, genetic information, or membership in any other group protected by federal, state, or local law.If you need assistance or accommodation due to a disability, you may contact us at [e-mail] does not accept unsolicited resumes from recruiters, employment agencies, or staffing firms. To conduct business with Lendistry, a Master Services Agreement (MSA) must be executed and confirmed prior to submitting any information relating to a potential candidate. Without a signed MSA, Lendistry shall not be responsible to any individual or entity for any payment relating to any form of fee or compensation.And, in the event that a resume or candidate is submitted by a recruiter, an employment agency, or a staffing firm without a fully executed MSA, Lendistry has the unrestricted right to pursue and hire any of those candidate(s) without any legal or financial responsibility to the recruiter, agency, and/or firm.A Day in the LifeThe Processor II will be responsible for reviewing and submitting loan requests from small business owners to underwriting; following up with customers by email and phone to ensure completion of loan packages. A key priority for the Processor II is to manage the administrative and logistical aspects of loan applications, ensuring they are processed efficiently. This will include collecting and organizing all necessary documentation for loan applications, while maintaining a thorough understanding of all product guidelines and documentation requirements to provide appropriate guidance for each customer Some travel may be required.Lendistry: Who We AreWe’re proud to be the nation’s largest minority-led, tech-savvy lender for small businesses and commercial real estate. As a certified Community Development Financial Institution (CDFI) and Community Development Entity (CDE), our mission is all about creating economic opportunities and fueling growth for small business owners and their communities. Join us as we pave the way with innovative financing and financial education!What You’ll Be DoingProcess and review SBA loan files to ensure completeness, accuracy, and compliance with SBA SOP guidelines and internal lending requirements.Coordinate with borrowers, Relationship Managers, Underwriters, Closers, and third parties to obtain and validate SBA-required documentation.Prepare and maintain loan files for SBA 7(a), 504, and other government-guaranteed lending programs throughout the processing lifecycle.Identify and resolve documentation deficiencies, compliance gaps, and processing conditions in a timely manner.Ensure all SBA eligibility, collateral, and documentation requirements are met prior to loan approval and closing.Monitor pipeline timelines and proactively follow up on outstanding conditions to support efficient loan processing and funding.Maintain accurate records and data integrity within lending systems and document repositories.Stay current on SBA procedural updates, SOP changes, and regulatory requirements impacting loan processing operations.Perform other duties as assigned to support the efficient and effective operation of the department and that help to make Lendistry the best place to work!Your Areas of Knowledge and ExpertiseStrong knowledge of SBA lending programs, including SBA 7(a), 504, and government-guaranteed loan processing requirements.Familiarity with SBA SOP guidelines, eligibility standards, and compliance documentation requirements.Experience reviewing financial statements, tax returns, entity documents, and supporting loan documentation for completeness and accuracy.Understanding of SBA loan lifecycle processes, including processing, underwriting support, closing coordination, and funding preparation.Ability to interpret and apply federal lending regulations, internal policies, and SBA compliance standards.Strong organizational skills with the ability to manage multiple SBA loan files in a fast-paced environment.Proficiency with loan origination systems, document management platforms, and Microsoft Office applications.Excellent communication and follow-up skills when working with borrowers, internal stakeholders, and external partners.Why You'll Love Working Here:Comprehensive Medical, Dental, and Vision InsuranceGenerous Paid Time OffBirthday Day Off12 Paid Company Holidays401(k) MatchFSA and HSAPaid Life InsurancePaid Disability InsurancePet InsuranceEmployee Assistance Program (EAP)Professional Development CoursesIn Office Provided Snacks and DrinksGym Facilities (LA & Tustin/CEC Offices)In Office Engagement ActivitiesCompensation RangeBase pay is one part of our total compensation package and is determined within a range.This provides the opportunity to progress as you grow and develop within a role. The base pay for this role is between $24 - $35 an hour.Your base pay will depend on multiple individualized factors, including your job-related knowledge/skills, qualifications, experience, and market location.The position will also have a monthly variable compensation amount based on production.Physical RequirementsThis is a stationary position that requires frequent sitting (approximately 95%), repetitive wrist motions, grasping, speaking, listening, close vision, and the ability to adjust focus. It also may require occasional standing, lifting, carrying 20lbs or less, walking, kneeling, bending/stooping, twisting, pulling/pushing, and reaching above the shoulder. Employees in this position must be physically able to efficiently perform the essential functions of the position.ACKNOWLEDGEMENTB.S.D. Capital, Inc. dba Lendistry is an equal employment opportunity employer committed to providing its employees, applicants and other covered persons with equal opportunities without regard to race, color, age (40 or older), religious creed (including religious belief, practice or dress and grooming practices), national origin, ancestry, physical disability, mental disability, medical condition, genetic information, marital status, sex, gender (including pregnancy, childbirth or medical condition related to pregnancy or childbirth), gender expression, gender identity, sexual orientation, military or veteran status (including past, current or prospective service), or any other characteristic protected under applicable federal, state or local law.