SBA Loan Processing Manager - Livermore, CA
This Jobot Job is hosted by: Brett Tolmie
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Salary: $85,000 - $125,000 per year
A bit about us:
Our client is a very well-established and one of the oldest and locally owned banks in the Bay Area. They were founded over 50 years ago and they offer a wide range of services including personal and business banking, SBA, construction, multifamily, lines of credit and commercial loans. They also handle trust services, estate planning, retirement planning and wealth management.
With over 20 branches and 800 employees, they continue to grow their business. Aside from generous compensation and benefits packages, they also offer tremendous stability and growth potential.
Why join us?
Up to $5000 Tuition Reimbursement for continued education
10 Paid Bank Holidays
Paid Vacation
Paid Sick Time
An ESOP (Employee Stock Ownership Plan)
401K Plan with an employer match
Job Details
Currently they are looking to add an SBA Loan Processing Manager who can work out of their location in Livermore and this is a full time permanent role.
Responsibilities:
- Oversee all activities and reporting of processing and closing SBA loans
- Manage a team of SBA loan processors and may occasionally assign themselves to close loans
- Manage the workflow of the processing team centered upon efficiency, timeliness, and quality in efforts toward maximizing the client experience
- Provide support as an SBA processing subject matter expert in documentation, guidelines, procedures, policies, and industry best practices
- Ensure the loan processing, packaging, and closing functions are in compliance with bank policies, procedures, and SBA requirements
- Reviews the quality of the loan closing file ensuring documentation in the file adheres to bank and SBA requirements
- Facilitates communication with SBA via Etran, direct submissions, or directly with SBA Officials
- Provide support in review of documentation specific to loan closing such as title, appraisal, purchase agreements, leases, bank statements, and entity documentation adhering to bank and SBA requirements
- Exercise independent decisions regarding compliance with Bank and SBA requirements and communicates independently to the SBA Director and/or SBA Officials in seeking resolutions
- Oversee and monitor the resolution of closing-related loan exceptions and post-closing ticklers
- Address/resolve exception items noted from Loan Review/Audits
- Manages third-party vendor relationships, as appropriate and as required by SBA Director
- Update and maintain department processing policies and procedures
- Communicate with appropriate Director(s) and/or Executive Management on recommendations for improving efficiency, productivity, quality, and associate development
Requirements:
- 5 years of Commercial Loan Processing and Closing, specifically in SBA lending
- Strong knowledge of business escrow, real estate escrow, and title processes and requirements
- Extensive knowledge of the loan process, documentation, requirements, and terminology
- Bachelor’s Degree in business administration or equivalent related experience
- 2 years management experience
- Ability to train, coach, develop, and motivate direct reports
- Basic knowledge of accounting
- Strong communication skills (verbal and written)
- Excellent organizational skills and ability to manage multiple projects and assignments
- Professional business etiquette
Interested in hearing more? Easy Apply now by clicking the "Quick Apply" button.
Benefits:
401K, Employee Events, Employee Referral Program, Flexible Schedules, Free Food and Coffee, Game Rooms, Life Insurance, Maternity/Paternity Paid Leave, Medical, Dental and Vision, On Site Cafeteria, Paid Holidays, Paid sick days, Parking , Performance bonus, Professional Development, Retirement / Pension Plans, Vacation/paid time off, Work From Home
About the Company:
Jobot
Company Size:
500 to 999 employees
Industry:
Insurance
Founded:
2018
Website:
https://jobot.com/