SBA Loan Closer

Fifth Third Bank; United States; Remote; USD 54,000 - 112,000; Full time

Job summary

Fifth Third Bank is seeking an SBA Loan Closer to manage the closing of SBA 7(a) and Express loans, ensuring compliance and accurate documentation while coordinating with clients, advisors, and internal teams.

This role emphasizes thorough credit and document reviews, cross-functional collaboration with title, escrow, appraisers, and counsel, and delivering clear closing conditions and funding timelines.

Qualifications

• Bachelor’s degree or equivalent work experience.
• 3–5 years of work or practical experience in SBA loan closing and documentation.
• Strong regulatory compliance and client service focus.

Responsibilities

• Pipeline Management: Manage active SBA 7(a) and Express loan pipelines with complex structures.
• Regulatory Compliance: Apply SBA SOP guidelines during closing to ensure compliance.
• Client Service & Stakeholder Engagement: Coordinate with clients, advisors, and lenders.
• Credit & Documentation Review: Validate credit approvals and closing conditions for SBA eligibility.
• Cross-Functional Collaboration: Partner with internal teams, counsel, title, escrow, appraisers, and env.
• Other Duties: Adapt to new tasks and priorities to support the team and company mission.

Skills

SBA Loan Processing

Regulatory Compliance

Credit Review

Documentation Management

Client Communication

Collaboration

Document Review

Organization & Prioritization

Technology Proficiency

Customer Service

Education

Bachelor’s degree or equivalent

Tools

Microsoft Office Suite

Job description

Make banking a Fifth Third better®
We connect great people to great opportunities. Are you ready to take the next step? Discover a career in banking at Fifth Third Bank.

YOUR RESPONSIBILITIES:

The responsibilities for this role are below; you may support projects of varying complexity based on skill and organizational priorities.

• Pipeline Management:
  • Manage an active pipeline of SBA 7(a) and Express loans, including complex structures and multi-facility transactions.
• Regulatory Compliance:
  • Interpret and apply SBA SOP guidelines throughout the closing process to ensure compliance.
  • Conduct detailed document reviews to confirm SBA compliance and resolve issues with minimal oversight.
• Client Service & Stakeholder Engagement:
  • Partner with clients and advisors to collect and review both SBA-required and lender required documentation (e.g., leases, franchise agreements, purchase/sale agreements, financials).
  • Building trust, resolving concerns, and maintaining a high standard of professionalism in all borrower interactions.
  • Communicate closing conditions and funding timelines clearly to borrowers and stakeholders, ensuring accuracy and professionalism.
• Credit & Documentation Review:
  • Review and validate credit approvals, authorization documents, and closing conditions for SBA eligibility.
  • Ensure loans are properly collateralized, documented, and disbursed per SBA and Bank standards.
• Cross-Functional Collaboration:
  • Collaborate with internal teams, legal counsel, and third-party providers (title, escrow, appraisers, environmental) to meet SBA closing requirements.
• Other Duties: Performing other duties as assigned, adapting to new tasks or shifts in priorities as necessary to support your team’s and the company’s mission.

MINIMUM REQUIREMENTS:

Qualified candidates for this role will possess a Bachelor’s degree or equivalent work experience. This role requires individuals with a strong foundation in SBA loan closing and documentation, and a commitment to regulatory compliance and client service.

REQUIRED SKILLS** : :**

Qualified candidates will possess a high degree of proficiency (typically from 3–5 years of work or practical experience), in:

• SBA Loan Processing: Managing an active pipeline of SBA 7(a) and Express loans, including complex structures and multi-facility transactions.
• Regulatory Compliance: Interpreting and applying SBA SOP guidelines throughout the closing process to ensure compliance.
• Credit Review: Reviewing and validating credit approvals, authorization documents, and closing conditions for SBA eligibility.
• Documentation Management: Ensuring loans are properly collateralized, documented, and disbursed per SBA and Bank standards.
• Client Communication: Communicating closing conditions and funding timelines clearly to borrowers and stakeholders.

Please refer to the “Skills for Success” section to learn how to stand out as an applicant.

SKILLS FOR SUCCESS:

Qualified candidates will possess a high degree of proficiency across a suite of skills including, but not limited to:

• Collaboration: Partnering with clients, advisors, internal teams, legal counsel, and third-party providers (e.g., title, escrow, appraisers, environmental) to meet SBA closing requirements.
• Document Review: Conducting detailed document reviews to confirm SBA compliance and resolve issues with minimal oversight.
• Organization & Prioritization: Managing multiple transactions and deadlines with strong attention to detail.
• Technology Proficiency: Using Microsoft Office tools (Outlook, Word, Excel, PowerPoint) effectively.
• Customer Service: Demonstrating professionalism, responsiveness, and trust-building in client interactions.

DOING THE RIGHT THING:

Our employees take pride in doing the right thing for customers and colleagues as well as being accountable for risk by openly exchanging ideas and opinions, elevating concerns, and following policies and procedures that protect all our valuable assets —including you.

SBA Loan Closer

Total Base Pay Range 54,400.00 - 111,500.00 USD Annual

At Fifth Third, we understand the importance of recognizing our employees for the role they play in improving the lives of our customers, communities and each other. Our Total Rewards include comprehensive benefits and differentiated compensation offerings to give each employee the opportunity to be their best every day.

The base salary for this position is reflective of the range of salary levels for all roles within this pay grade across the U.S. Individual salaries within this range will vary based on factors such as role, relevant skillset, relevant experience, education and geographic location. In addition to the base salary, this role is eligible to participate in an incentive compensation plan, with any such payment based upon company, line of business and/or individual performance.

Our extensive benefits programs are designed to support the individual needs of our employees and their families, encompassing physical, financial, emotional and social well-being. You can learn more about those programs on our 53.com Careers page at: https://www.53.com/content/fifth-third/en/careers/benefits.html or by consulting with your talent acquisition partner.

LOCATION – Virtual, Ohio 00000

Fifth Third Bank, National Association is proud to have an engaged and inclusive culture and to promote and ensure equal employment opportunity in all employment decisions regardless of race, color, gender, national origin, religion, age, disability, sexual orientation, gender identity, military status, veteran status or any other legally protected status.