Senior SBA Loan Closing Specialist (Remote)

Northwest Bank; Warren (Warren County); Hybrid; USD 85,000 - 110,000; Full time

Job summary

Northwest Bank is seeking a Sr. SBA Closing Specialist to manage due diligence from acceptance to funding. You will coordinate with SBA Sales, credit and counsel, ensuring SBA guidelines are met and documenting progress for leadership.

The role includes mentoring team members, using LOS and related tools, and ensuring accurate post-closing checks. Remote work is possible with on-site requirements within 40 miles of hub locations.

Qualifications

• Bachelor's degree in a related field preferred.
• 5-6 years previous SBA experience preferred.
• 5-6 years previous loan closing / loan operations experience required.

Responsibilities

• Identify business entity types and collect the corresponding legal documentation.
• Order, review and analyze all required third-party vendor documents in relation to the collateral to be held on the loan.
• Complete all due diligence associated with the satisfaction of loan approval conditions as well as customer identification requirements in a timely manner.
• Verify the loans have been approved by the appropriate level of authority.
• Be the point of contact between the lender, underwriter, customer, attorney and/or title company, and SBA as needed.
• Ensure all required due diligence and approval documentation has been indexed accurately into our system of record.
• Use the loan documentation software to accurately create legal agreements/contracts.
• Execute a post-closing examination of loan documents for accuracy and completeness and perform upload of documents to the system of record.
• Verify all applicable fees have been collected from the borrower and loan proceeds disbursed according to schedule.
• Submit and obtain SBA Loan approval through E-Tran or SBA One for newly originated SBA loans and SBA modifications as required by the Servicing and Liquidation Actions Matrix as needed.
• May mentor more junior team members.
• Ensure compliance with Northwest's policies and procedures, and Federal/State regulations.
• Navigate Microsoft Office Software, computer applications, and software specific to the department in order to maximize technology tools and gain efficiency.

Skills

Teamwork

Mentoring

Microsoft Office

SBA knowledge

Education

Bachelor's degree in related field

Tools

Loan Origination System (LOS)

Loan documentation software

E-Tran

SBA One

Job description

Northwest Bank is seeking a Sr. SBA Closing Specialist to manage due diligence from acceptance to funding. You will coordinate with SBA Sales, credit and counsel, ensuring SBA guidelines are met and documenting progress for leadership.

The role includes mentoring team members, using LOS and related tools, and ensuring accurate post-closing checks. Remote work is possible with on-site requirements within 40 miles of hub locations.