SBA Loan Packager

About The Role

The SBA Loan Packager is responsible for ensuring accurate and timely review of SBA loan transactions, producing loan documents, ensuring all items needed for closing are obtained, and ensuring all collateral is perfected appropriately. The SBA Loan Packager is responsible for coordinating with Business Development Officers, SBA Underwriters, Credit Administration, and customers to ensure all documentation is in place prior to underwriting or submission to the SBA. The SBA Loan Packager is also responsible for remaining current on SBA Standard Operating Procedures, compliance with all Bank policies and procedures, and applicable state and federal banking regulations.

Responsibilities

• Review loan application files to verify that application data is complete, accurate, and meets standards established by loan policy and SBA guidelines
• Prepare the SBA submission package and ensure all submission items have been obtained and are current
• Work closely with all parties to assist in timely processing, credit approval, and closing of new loan requests
• Order appraisals, appraisal reviews, environmental reports, and any other related reports and documents necessary for the evaluation of the collateral and underwriting of the loan; responsible for managing completion dates and coordinating resolution of quality issues
• Manage process for, but not limited to, the following: flood certifications, business and personal credit reports, 4506 Tax Transcripts, and OFAC checks
• Request SBA loan approval through E-Tran or other means
• Process and track clearance of SBA Form 912
• Approve and manage third party paid referral sources
• Perform G-845 Alien Verification approvals with the SBA
• Perform E-Tran request to the SBA to obtain a Preferred Lending Program (PLP) loan number
• Ensure commitment letters have been returned and the third party report deposit has been received
• Learn and understand the SBA requirements for SBA eligibility according to the most recent Standard Operating Procedures (SOP) as published by the SBA
• Assist in ensuring an updated pipeline report
• Review for errors and prepare recommendations to correct errors that could potentially put the Bank at risk for losing an SBA guaranty or obtaining penalties
• Remain current on pending and proposed regulatory changes affecting compliance and SOP with SBA
• Perform other duties as assigned
  
  

Qualifications

• Two years of experience processing or closing consumer or commercial loans preferred
• A college degree in business or a paralegal certification is preferred
• Knowledge of required financial and collateral documentation for various loan types
• Excellent written and verbal communication skills
• Interpersonal skills to interact positively and effectively with all levels of employees, management, and third parties
• Demonstrated ability to complete work in a timely, efficient manner with impeccable accuracy
• Self-starter that is able to work independently and as part of a team
• 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 systems
  
  

Working Conditions / Demands

• Professional 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.
  
  

Why 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-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 a flexible work schedule, 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, Vision Insurance
• 401(k) Retirement Plan with Generous Match
• Tuition Reimbursement
• 3 Weeks Paid Vacation Plus Paid Holidays
• Paid Volunteer Time
• Business Apparel Allowance
  
  

Equal Opportunity Employer - Women, Minorities, Veterans and Individuals with Disabilities

If 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

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