SBA/USDA Loan Closing Specialist – To $100K – Hybrid Remote (Tampa) – Job # 3420

Who We Are

The Symicor Group is a boutique talent acquisition firm based in Lincolnshire, IL & Rockport, TX. Our nationally unique value proposition centers around providing the very best available banking and accounting talent. In fact, most of our recruiters are former bankers or accountants themselves!

We know how to evaluate the very best banking and accounting talent available in the market. Whether you are a candidate seeking a new opportunity or a bank or company president trying to fill an essential position, The Symicor Group stands ready to deliver premium results for you.

The Position

Our client is seeking to fill a Hybrid Remote SBA/USDA Loan Closing Specialist role in the Tampa, FL area.  This position is responsible for handling all aspects of SBA 7a/504/Express and USDA/OneRD loan closings and pre-closing reviews, post-closing review and uploading to OnBase (Banking system) and nCino (loan processing system), must have ETRAN experience. 

This position comes with a generous salary of up to $100K and a full benefits package. (This is a hybrid remote remote position)

SBA/USDA Loan Closing Specialist responsibilities include:

• Work with Loan Officer/Lender to complete the Closing Checklist, provide “NEEDS LIST” and schedule a call with Borrower/Guarantors to address issues/concerns/documentation
• Enter loan package into SBA One/ETran/Wizard to get the SBA Authorization
• Send 327 Action if revision of the SBA Authorization is required
• Update the closing checklist as due diligence items are received/reviews for additional documentation required to satisfy the SBA/Bank Regs
• Email the SBA/USDA Credit Analyst of any changes needed to update the Credit Memo based on changes to documentation/due diligence documents, and any changes to loan amount, if needed.
• Engage closing attorney (and title agent, if RE is included)
• Pre-closing package review (include loan officer), loans above $2million require submission to the CLOSING/LOAN DOC REVIEW Dept prior to closing. 
• Fund loan according to the SBA Authorization and Credit Memo
• VERIFY “CASH INJECTION” and supporting documentation (complete Cash Injection worksheet)
• Update nCino file/folder/DocMan etc to close out the loan in nCino and move to Servicing
• Send file to SBA/USDA Portfolio Manager after closing, for initial pre-closing review and post closing review, and future disbursements
• Submit any/all construction documents to the Construction Dept/Plan & Cost Review, and SBA/USDA Construction Monitoring Specialist (Loan Servicing Specialist) 
• Engage construction monitoring vendor
• Monitor on-going construction draw requests, and change orders
• Work directly with the SBA/USDA Portfolio Manager to request any changes to the Use of Proceeds, draw requests, overruns, change of ownership, collateral values, etc
• Ensure that Loan Covenants are included in the Loan Agreement (see Conditions)
• Clear Form 1919 issues, arrests &/or INS verifications
• Prepare SBA Application/Credit File (the Closing Assistant/Loan Servicing Assistant typically performs this function.
• Review the Application/forms/Packaging Checklist in nCino, ensure that all forms are correct, and in the DocMan/Placeholder, or add revised forms (if needed)
• Prepare internal reports and respond to internal inquiries from Loan Servicing/Loan Operations, booking, accounting, etc.
• Manage LIPS and SBA Pass-thru/GL
• Approve wires (GFT) for funding loan closing (wire funds to closing attorney)
• Batch entries/GL
• Send ServiceNow ticket, as needed, for booking errors/corrections.

Who Are You?

You’re someone who wants to influence your own development. You’re looking for an opportunity where you can pursue your interests and your passion. Where a job title is not considered the final definition of who you are, but merely the starting point for your future.

You also bring the following skills and experience:

• Excellent verbal and written communication skills are necessary as is the ability to go ‘beyond’ the financial statements to determine best course of action. 
• To process all Borrower actions while protecting the SBA & USDA guarantee as it relates to payment modifications, deferments, collateral release, etc.
• Strong knowledge of the SBA SOP for Liquidation and Servicing 
• Knowledge of the USDA B&I Program, preferred, but not required.  
• Responsible for compliance with all regulations, laws, and bank policies and procedures that pertain to your day-to-day job responsibilities. 
• Responsible for maintaining a working knowledge of all compliance regulations pertinent to your assigned duties by successful completion of any courses assigned on a timely basis. 
• Responsible for adherence to Bank’s Code of Professional Ethics and Conduct as well as observing and promoting compliance with the Code among fellow bank personnel, customers and vendors. 

The next step is yours. Email us your current resume along with the position you are considering to:

resumes@symicorgroup.com