SBA Servicing Specialist I – Post Closing Compliance

About the Position:

As a SBA Servicing Specialist I within Post Closing Compliance, you are responsible for assisting the SBA Post-Closing Compliance group in ensuring that the closed loan files are properly received, reviewed, and imaged into the system of record for the bank. This is in addition to ensuring that all initial file intake and loan requirements are being met in accordance with the SBA SOP, and are compliant with the banks internal loan approval. Your primary day-to-day duties include all aspects of portfolio management as it relates to the initial loan file intake, audit/loan review, and exception clearing for SBA loans.

What You Will Do:

– Perform initial review of original loan documents to ensure accuracy/completeness according to the approved loan structure
– Ensure all required documents are executed by lender/third parties as necessary
– Assist with/manage transition of loan file from closing to Servicing
– Ensure that loan documentation is properly imaged into the system of record
– Maintain paper file system and document storage area on behalf of the department
– Assist/Manage the customer onboarding process for various platforms in conjunction with the Customer Success Team
– Assist the department as needed in the servicing of the banks SBA loan portfolio including financial, insurance and covenant tracking
– Coordinate with Portfolio Managers/Special Assets Manager in transferring distressed loans to intensive servicing department
– Assist leadership with preparation for and processing of internal/external audits for the Small Business Lending team as needed
– Perform other duties as necessary

What Were Looking For:

– Minimum of one year of experience in commercial/SBA lending as a processor, packager, or closer for SBA Loans
– A college degree in business or a paralegal certification is preferred
– Relevant work and experience with SBA lending will be considered
– Proficient with Microsoft Office
– Working knowledge of PCFS – Loan Manager and nCino is preferred
– Self-starter that is able to work independently and as a part of a team
– Strong work ethic and ability to stay on task for extended periods of time without distraction
– Demonstrated ability to complete work in a timely, efficient manner with impeccable accuracy
– Knowledge of various legal entity borrowing structures such a Limited Liability Companies, Corporations, Partnerships, Tenant in Common structures, etc.
– Knowledge of required reviews and verifications through the Secretary of State, etc., and the type of entity documentation required for each type
– Knowledge of Flood Insurance Compliance and required documentation
– Knowledge of Loan Closing processes and required documentation

Working Conditions/Demands:

– Professional office setting.
– Primarily sedentary position requiring long periods of time working at a computer.
– Must be able to move throughout the office and buildings to obtain or relay information.
– Must be able to perform the essential functions of the position with or without reasonable accommodation.

Who Are We?

Were not just another bank and were not looking for just another employee. Since 1999, First Internet Bank has been dedicated to finding a better way to bank and doing things that have never been done before. Yes, we really were the first state-charted, FDIC insured bank to operate entirely online and we have been leading the way ever since.

We seek the game changers, the innovatorsthose who challenge the status quo because change really is the only constant. Ready to join a team of imaginative, driven individuals like you? Its your career, you deserve to imagine more. Keep reading, we think you will like you what see.