Senior SBA Loan Closings Specialist (Remote)

LE001 Northwest Bank

Kentucky

On-site

USD 80,000 - 110,000

Full time

14 days+
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Job summary

Northwest Bank is seeking a Sr. SBA Loan Closing Specialist to manage due diligence for new SBA loans or modifications, coordinating with SBA, sales, and credit teams. The role includes post‑closing reviews and ensuring documentation accuracy across departments.

The candidate will stay current on SBA changes, prepare process materials, and mentor junior staff as needed, while ensuring compliance with internal policies and regulations.

Qualifications

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

Responsibilities

  • Identify business entity types and collect the required legal documents.
  • Review and analyze third‑party vendor documents related to loan collateral.
  • Perform due diligence to satisfy loan approval conditions and customer identification requirements.
  • Verify loan approvals at appropriate authority levels and coordinate with lenders, underwriters, customers, attorneys, and SBA as needed.
  • Ensure due diligence and approval documentation is indexed in the system of record.
  • Use loan documentation software to prepare legal agreements/contracts.
  • Conduct post‑closing review of loan documents for accuracy and upload to system.
  • Verify fees collected and loan proceeds disbursed per schedule.
  • Coordinate with Loan Servicing for system input and maintenance.

Skills

SBA experience
Loan closing / loan operations

Education

Bachelor's degree in related field preferred

Job description

Northwest Bank is seeking a Sr. SBA Loan Closing Specialist to manage due diligence for new SBA loans or modifications, coordinating with SBA, sales, and credit teams. The role includes post‑closing reviews and ensuring documentation accuracy across departments.

The candidate will stay current on SBA changes, prepare process materials, and mentor junior staff as needed, while ensuring compliance with internal policies and regulations.

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