SBA Loan Closer III - Team Lead
About The PositionAs the SBA Loan Closer III – Team Lead you will be responsible for supervising a group of SBA Loan Closers and ensuring accurate and timely review of SBA loan transactions, ensuring all items needed for closing are obtained, and all collateral is perfected appropriately. Your duties will include coordinating with the SBA lenders, Credit Administration, Loan Operations, Bank Counsel and Customers on loan closing transactions. You will remain current on SBA SOP regulations, compliance with all Bank policies and procedures, and all applicable state and federal banking regulations.What You Will DoProvide oversight and supervision to a team of SBA Loan ClosersCoach and train staff and provide career development and learning opportunitiesAssign loans to Closers via the nCino system upon approvalManage a workload that includes multi-tasking and the ability to prioritize any conflicting issuesInteract with underwriters, referral partners, borrowers, attorneys, and other 3rd party vendors as needed to ensure all conditions are met for closingReview title commitments, title searches, other real estate related documents, entity documentation and legal documents of borrowers and ensures all Bank and SBA requirements have been met Request and review all loan documentation from Bank Counsel for various types of loans including, but not limited to, SBA 7(a), Express Line of Credit and potential SBA 504Assist Post-Closing department, when necessary, clearing any exceptions within the approved time periodsRemain current on all pending and proposed regulatory changes affecting compliance and SOP with SBA Provide a high level of customer service to both internal and external customers Run various reports to track weekly production as well as Closer’s pipelineRecommend changes to processes and increased efficiencies to managementPerform other duties as assigned What We’re Looking For A minimum of five years of SBA loan closing experience in a high-volume environment; in the absence of five years of SBA loan closing experience, a minimum of two years of SBA loan closing experience combined with at least six years of prior loan closing experience in mortgage or commercial lending.Associates degree or Paralegal Certificate required, Bachelor’s degree preferred. Relevant and commensurate work and experience in the SBA Lending industry will also be considered.Prior experience leading or managing a team is preferredSubject Matter Expert of Loan Closing processes and required documentation Ability to mentor and train junior staffKnowledge of various legal entity borrowing and deal structuresKnowledge of Flood Insurance Compliance and required documentation Excellent written and verbal communication skills Interpersonal skills to interact positively and effectively with all levels of employees, management, and third parties Possess excellent multi-tasking skills Ability to think outside the box to ensure proper due diligence is performedCapability of working effectively under limited supervision in a fast-paced environment Ability to identify issues and opportunities and explore solutions Ability to meet strict timelines and service level agreements Strong PC skills required along with an ability to quickly learn new systemsWorking Conditions/DemandsProfessional 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? We’re not just another bank and we’re 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 innovators…those who challenge the status quo because change really is the only constant. Ready to join a team of imaginative, driven individuals like you? It’s your career, you deserve to imagine more. Keep reading, we think you will like you what see.More about First Internet BankWhy Join Us? Our success has been driven, in part, by four core competencies – customer focus, teamwork, adaptability and initiative. Collectively they define our actions and are at the heart of all we do. As a result, we’ve been fortunate to have been named numerous times as an Indianapolis Star Top Workplace and one of the Best Banks to Work For! Headquartered in downtown Fishers, our newly-built, state-of-the-art 175,000 square foot facility headquarters was designed with our team in mind and features an 18,000 square foot open air deck named “The Backyard”, with fire pits, covered pergola, waterfall and foliage to create a momentary escape from the work day. Beyond that, the onsite fitness center with the latest equipment and ergonomically-designed workstations help promote health and wellness. Have we mentioned free snacks, soft drinks and beer available on tap? Want more? How about unlimited volunteer time off and social events to bring us all together to have some more. Why just imagine more, take the “first” step and apply today.Our benefits package includes the following and so much more:Medical, Dental, and Vision Insurance for Full-Time employees - Eligibility begins on day one of employment401(k) Retirement Plan with Generous Match for Full-Time and Part-Time employees - Eligibility begins on day one of employmentProfessional Development ReimbursementAt Least 3 Weeks Paid Vacation Annually - For New Employees, Paid Vacation is Adjusted Based on Start DateEleven Paid HolidaysPaid Volunteer TimeAnnual First Internet Bank-branded merchandise allowanceEqual Opportunity Employer - Women, Minorities, Veterans and Individuals with DisabilitiesIf you are a California resident, you may be entitled to certain rights regarding your personal information. Additional information about our data collection practices and location specific notices is available on our privacy policy. Click here to read more.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). Click here to read more.