Guaranteed Lending Representative - 2259
BankPlus · Ridgeland, MS · 3 days ago
FinanceFull-time
Duties And Responsibilities
- Assist lenders/loan administrators in completing loan applications for government guarantee programs such as SBA, USDA, and other federal and state programs.
- Gather and review all necessary documentation to ensure completeness and accuracy.
- Prepare loan packages for submission to government agencies, while adhering to eligibility requirements and underwriting criteria.
- Serve as the primary point of contact for lenders/loan administrators throughout the loan application process.
- Provide guidance and support to lenders/loan administrators, helping them understand program requirements and benefits.
- Maintain strong relationships with lenders/loan administrators to ensure satisfaction and repeat business.
- Maintain strong relationships with external resources such as vendors and governmental agencies to ensure a positive rapport.
- Ensure all loan applications comply with government regulations and internal policies.
- Maintain accurate and organized records of all loan documentation.
- Conduct regular reviews to ensure ongoing compliance with program requirements.
- Cookordination and Communication
- Coordinate with internal departments, such as credit, legal, loan operations, etc., to facilitate the loan approval process.
- Communicate regularly with lenders/loan administrators to provide updates on the status of their applications.
- Work closely with government agencies to ensure timely processing and approval of loan applications.
- Reporting and Analysis
- Prepare regular reports on loan application activities, status, and outcomes.
- Analyze data to identify trends and areas for improvement in the loan packaging process.
- Provide insights and recommendations to the guaranteed lending team.
- Team Collaboration
- Collaborate with the guaranteed lending team to achieve lending goals and objectives.
- Participate in team meetings and contribute to strategic planning discussions.
- Provide support and assistance to team members as needed.
Position Requirements
- Bachelor's degree in Finance, Business Administration, or a related field preferred.
- Minimum of 3 years of experience in a lending or financial services role, with a focus on loan packaging preferred.
- Knowledge of government guarantee programs such as SBA and USDA is a plus.
- Strong organizational and administrative skills.
- Excellent communication and interpersonal abilities.
- Attention to detail and accuracy in handling documentation.
- Ability to work independently and as part of a team.
- Driving, and occasional travel, as needed for business purpose.
- Work outside of regular business hours, as deemed necessary.
- Ability to handle multiple tasks.