ICCU

SBA Loan Processor - Treasure Valley Area

Posted Date 2 months ago(10/15/2021 2:00 PM)
Job ID
2021-5399
Address
1111 S Silverstone Way
# of Openings
1
City
Meridian
State/Province
ID
Category
Commercial Lending
Postal Code
83642

Overview

As a SBA Loan Processor, your primary responsibility will be to process Small Business Administration (SBA) loan applications, prepare SBA loan docs for closings, fund new SBA business loans, and assist in preparing annual review requirements prior to loan closing. You will also assist SBA Officers and SBA Credit Analysts in the development and growth of the department. This position will generally process SBA 7(a) and SBA 504 loans.

 

Responsibilities

  • Ability to close 1-3 loans per month
  • Review the loan for basic SBA (504, 7(a), Express) eligibility requirements during initial application processing.
  • Prepare and mail disclosures.
  • Assist SBA Loan Officers and SBA Credit Analysts with orders, verifications, and file requirements throughout the loan closing process.
  • Prepare SBA Authorization
  • Pull various reports and searches including, but not limited to, flood searches, title commitments, lot books, IRS transcripts, etc.
  • Contact all 3rd party agencies to assist with gathering required information to complete loan file. Agencies can include insurance, title, transcript or other reporting agencies
  • Ensure compliance concerning all SBA operating procedures and regulations.
  • Prepare and complete loan document requests to ensure that loans are documented correctly and in conformance with ICCU and SBA approval and conditions
  • Review loan documents for accuracy
  • Prepare loan funds for disbursement and disburse in accordance with SBA Authorization
  • Prepare SBA loan modifications in accordance with SBA guidelines
  • Prepare CLP/GP and PLP submission package to the SBA, including hard files
  • Submission of loan to SBA’s E-Tran system or other government agency portal
  • Perform various post-closing duties on loan files such as following up on the receipt of final title policies and deeds, paying fees, and quality control.
  • Assist with various business loan duties such as balancing General Ledger's, and working on reports.
  • Communicate with SBA Loan Officers and SBA Credit Analysts throughout the loan process.
  • Assisting in training of new hires on aspects of the loan process.
  • Completing loan checklists and personal loan audits once a loan is processed.
  • Expert knowledge in processing SBA and complex commercial construction loans.

Qualifications

Bachelor's Degree or equivalent experience. One to three years of SBA processing experience required, as well as specialized knowledge with the SBA’s SOP and general SBA compliance knowledge. Excellent data processing and computer skills with an eye for detail. Ability to work under pressure and in an organized manner. Excellent communication and people skills.

 

Performance Standard:

Must take pride in department by processing loans in a timely efficient, and organized manner with a high attention to detail. Must be professional and courteous in manner, with a focus on attendance, quality and quantity of work performed. Must be willing to comply with the Bank Secrecy Act and USA Patriot Act as implemented by Idaho Central Credit Union.

 

 

Physical Requirements:

-Perform tasks requiring manual dexterity (processing paperwork, filing, stapling, sorting, collating, typing, etc.).

-Sit for extended periods of time.

-Lift 20-40 pounds of applicable supplies including but not limited to loan file folders, copy paper, cash drawers, marketing material, etc.

-Repetitive motion using wrists, hands, and fingers.

-Reach keyboards.

-Ability to operate basic office machines (calculator, computer, telephone, copy machine, fax machine, etc.).

The above statements reflect the general details considered necessary to describe the essential functions of the job and should not be construed as a detailed description of all the work requirements that may be inherent of the job.

 

 

 

Must be eligible for membership at Idaho Central Credit Union to obtain employment.

Idaho Central Credit Union is an Equal Opportunity Employer. Employment decisions are made without regard to race, color, religion, national or ethnic origin, sex, age, disability, protected veteran status or other characteristics protected by law.

Options

Sorry the Share function is not working properly at this moment. Please refresh the page and try again later.
Share on your newsfeed