SBA Lending Coordinator

Summary SBA Lending Coordinator is responsible for supporting documentation, closing, monitoring & servicing processes of SBA loans in accordance with the approved policies & procedures within the SBA Department. Prepares documentation within the terms and conditions of the approved CAM and SBA Terms. Coordinates booking, closing, and funding processes. Performs post-closing functions. Assists with all audits. Job Responsibilities Closing Management Prepares commitment letter based on CAM and SBA conditions. Coordinates 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. Assists with 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 Monitors the closing pipeline. Performs closings as assigned. Ensures transactions are efficiently distributed and processed in a timely manner. Assist with loan payment collection. Prepares monthly 1502 reporting. Prepare semiannual SBA liquidation report. Prepare 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 registered 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 Assists with all audits. Assists team members in gathering information for any internal or external loan reviews. Other Responsibilities Performs other job-related duties as may be assigned. Inputs and submits request for various 3rd party reports (appraisal/environmental/ cost review/BV). Submit payoff request to SBA. Issue new broker agreement along with collecting W-9 and any other supporting documents. Assist / verifies wires for other closers 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); Organizational skills; Ability to work independently, once trained, to complete work on a timely basis; Benefits Medical, Dental, Vision and Rx which are contributory. 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 need. Columbia Bank and its affiliates is an Equal Opportunity Employer, including individuals with disabilities and veterans. #J-18808-Ljbffr Columbia Bank New Jersey