SBA Lending Coordinator

Job Responsibilities

• Closes Management
• Prepares commitment letter based on CAM and SBA conditions.
• Clocks with closing attorney to submit closing checklist to borrowers/attorneys.
• Follows up with borrowers to satisfy closing checklist requirements.
• Orders all third-party reports as required (Appraisal/ BV/ Environmental/ Construction Budget Review/Advance, etc.).
• Prepares closing documents and closes loans per CAM & Commitment Letter.
• Aids in pulling third party searches as needed (CAIVRS / SAMs, etc.).
• Documents and verifies capital infusion prior to loan closing.
• Obtains and follows up for insurance prior to closing.
• Confirms pre & post-closing UCC & Mortgage liens & filings with CAM & closing.
• Uploads documents and modifies information as required in various Bank and SBA systems (Etran/nCino / DNA/ Nautilus/ etc.).
• Prepares SBA Terms & Conditions.
• Issues required letters regarding flood insurance notification.
• Ensures SBA guaranty fee is paid as required.
• Processes broker fee (Form 159 along with invoices).
• Pipeline Management and Loan Servicing
• Maintains the closing pipeline.
• Performs closings as assigned.
• Ensures transactions are efficiently distributed and processed in a timely manner.
• Aids in loan payment collection.
• Prepares monthly 1502 reporting.
• Prepares semiannual SBA liquidation report.
• Prepares SBA 10 tab as required.
• Funding
• Coordinates loan closing with borrowers and attorneys; prepares wires/checks for funding.
• Inputs wire for SBA closings.
• Post-Closing
• Inputs all closed loans into the Bank’s DNA system and verifies entries for accuracy.
• Inputs wires / ACH/ check request for future advances.
• Inputs supporting loan file documentation into the Bank’s document imaging system and prepares closing file for post-closing review.
• Supports all post-closing related activities such as receipt of all required recorded documentation, policies, and completion of collateral files.
• Monitors and obtains all necessary documents for multi advance loans; such as Construction and leasehold improvement transactions. (Invoices, Lien waivers, title rundowns, inspections, etc.).
• Review Support
• Aids in all audits.
• Aids team members in gathering information for any internal or external loan reviews.

Job Requirements

• Bachelor’s Degree preferred; Minimum 2 years’ experience in SBA business lending documentation & closing; construction closing equivalent.
• Proficient in Microsoft Word & Excel.
• Familiar with UCC filings (both origination & termination).
• Excellent customer service skills.
• Attention to detail.
• Organizational skills.
• Ability to work independently, once trained, to complete work on a timely basis.
• Effective communication skills.

Benefits

• Columbia Bank offers the following benefits: Medical, Dental, Vision and Rx which are contributory.
• Bonus programs.
• Employee Stock Option Program (ESOP).
• Life Insurance, Long Term Disability and Accidental Death and Dismemberment (LTD&AD&D).
• Paid Time Off (PTO) which includes Personal and Vacation Time.
• Paid Sick Time.
• Bank Holidays.
• Employees may participate in the 401k program.

Schedule

This role is eligible for a hybrid schedule: 3 days in the office and 2 days work from home, based on business needs. This arrangement may change without notice.

About the Role

Columbia Bank is an Equal Opportunity Employer, including individuals with disabilities and veterans.