SBA Loan Assistant

SUMMARY

This position is responsible for ensuring compliance with Small Business Administrative (SBA) lending requirements by creating a complete Loan Application Package for all SBA loans originated by SBA Lenders.

MAJOR DUTIES AND RESPONSIBILITIES (ESSENTIAL FUNCTIONS)

• Provides administrative support to the lending and credit staff, to assist in the completion of loan packages.
• Communicates with applicants, Business Development Officers, Brokers, Sellers, and Accountants to gather necessary documents for SBA underwriting and packaging.
• Reviews all documents received including financial statements and based on the review assesses the need for additional information and additional documents to meet SBA eligibility requirements.
• Ensures electronic files are complete with all documents required to meet SBA requirements for underwriting and packaging for eligibility and completeness.
• Responsible for the accuracy of the loan files, including all packaging documents, satisfaction of credit conditions, and compliance with SBA Lending requirements as stated in the SBA SOP.
• Orders third party reports as necessary, including credit reports, appraisal and environmental reports, and UCC searches.
• Creates the First United Bank Loan Start application for each loan.
• Creates and maintains status reports for management.
• Performs variety of clerical duties requiring knowledge of departmental procedures.
• Answers telephone and written inquiries concerning loan processing and other relevant information.
• Promotes an outstanding customer experience by exemplifying prompt follow-up and proactive internal/external customer communication, proper etiquette, and all other professional customer service qualities to deliver an outstanding customer experience.

ADDITIONAL DUTIES AND RESONSIBILITIES

• Demonstrates outstanding interpersonal, technical, problem solving, and written communication skills.
• Performs other duties as requested by Executive Management or Supervisor.
• Completes all required compliance exams on a yearly basis.
• Adherence to all First United Policies and Procedures.
• Dresses professionally.

EMPLOYEE SPECIFICATIONS

To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed are representative of the knowledge, skill, and/or ability required. Reasonable accommodation may be made to enable individuals with disabilities to perform the essential functions.

Education and Work Experience

• High School Diploma or GED equivalent.
• College Degree Preferred.
• Some SBA experience and knowledge of SBA SOP requirements is preferred but not required.

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Technical/Functional Competencies

• Proficiency in Microsoft Word and Excel.

NOTE: This job description is not intended to be all-inclusive. Employee may perform other related duties as assigned by supervisor to meet the ongoing needs of the organization.

If any applicant is unable to complete an application or respond to a job opening because of a disability, please email us at HR@firstunitedbank.com for assistance.