LOAN OPERATIONS SPECIALIST - SMALL BUSINESS ADMINISTRATION

Sunrise Banks, based in Minneapolis/St. Paul, MN, is the digital financial inclusion leader. We value a diversity of people and perspectives and offer employees a chance to create positive change through their work. A Sunrise career offers a caring, flexible work environment for all employees, from the teller to the technologist.

POSITION SUMMARY

The Loan Operations Specialist provides the Small Business Administration (SBA) Department with efficient support and administrative assistance relating to loan documentation, loan accounting and loan file maintenance in strict accordance to SBA Standard Operation Procedures, Bank Loan Policy and Bank Procedure Policy. as directed by the SBA Operations Supervisor. Local candidates only for hybrid role requiring flexibility for in office work, training, meetings and closings.

ESSENTIAL FUNCTIONS

• Assist with coordination of loan processing and documentation for SBA loans.
• Intake SBA loan applications and determine closing requirements.
• Prepare SBA loan application documentation and closing statements.
• Coordinate, monitor and motivate loan-processing activities of attorneys, title companies and other partnerships.
• Maintains loans in process and customer reporting systems
• Insure perfection of collateral liens.
• Properly disburse loans in accordance with SBA Loan Authorization
• Assists in the preparation and maintenance of SBA loan files
• Prepares loan denial and withdrawal documentation
• Assists in preparation of SBA loan guarantee claims
• Maintain general ledger and management reporting systems
• Maintain SBA 1502 loan reporting system
• Coordinate secondary market loan sales based on the direction of the Government Lending Manager.
• Coordinate software maintenance of SBA systems.

SUPERVISORY RESPONSIBILITIES

None

COMPETENCIES

• Sunrise Core Values
• Adaptability
• Communication
• Compliance
• Dependability & Flexibility
• Initiative
• Integrity
• Judgement
• Organizational Skills
• Productivity
• Professionalism
• Quality Service
• Teamwork
• Technical /PC Skills
• Work Quality

EDUCATION & EXPERIENCE

• High school degree or GED Required
• College degree in business related field preferred.
• Two (2) years SBA Operations experience preferred.
• Experience in commercial loan packaging/closings required.
• Strong skill set in the use of Microsoft Excel, Word, and Outlook.
• Experience with Fiserv/ITI software preferred.
• Experience with Laser Pro SBA module and ETRAN.
• Ability to read and interpret complex banking laws, SBA Guidelines and regulations.

Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities

The contractor will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the contractor’s legal duty to furnish information. 41 CFR 60-1.35(c)