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SBA Loan Assistant
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Full-time
- Answer specific questions regarding SBA’s policies and procedures and assist the SBA Specialist and/or Loan Officer in the branch.
- Support Government Loan Program Manager in loan servicing activities; such as release of collateral, change of address, rate change, and payment deferrals.
- Ensure that loan file requirements are met, review loan documentation for completion, accuracy and adherence to approval terms and SBA and FIB Loan Policy.
- Provide loan payoff quotations and process loan payoffs; forward paid out loan files to Credit Risk Management.
- Supports commercial relationship managers and group managers with regulatory compliance – Regulation B and Bank Secrecy Act. Supports commercial relationship managers and group managers with review and certification of; legal entity validation (dba, partnership, S-Corp, C-Copr, LLC, and trusts), real estate collateral documentation (title commitment, environmental reports, hazard insurance, and appraisals), UCC and titled collateral validation, and the accuracy of loan documentation.
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