Assistant SBA Loan Documentation Specialist

Mountain Pacific Bank is looking for a full-time Assistant SBA Loan Documentation Specialist.

Recognized by the Independent Community Bankers Association (ICBA) as one of the Best Community Banks to Work For, Mountain Pacific Bank is committed to fostering a positive work environment, providing opportunities for professional development, and promoting a culture of inclusion, empowerment, and community engagement.

Your Role

The Assistant SBA Loan Documentation Specialist will assist with a variety of processing and closing functions, including review of submitted documentation for completeness and accuracy, and ensuring all due diligence of each loan has been met in accordance with the SBA Authorization and in compliance with the Bank’s internal loan approval and policies. This position coordinates 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 Assistant SBA Loan Documentation Specialist 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.

Essential Responsibilities

Reasonable accommodations may be made to enable individuals with disabilities to perform these essential functions.

• Assist the SBA team members by performing second review of prepared loan packages prior to documents being sent to credit analysists or lenders.
• Assist in reviewing for completeness and accepting the requested SBA internal checklist items as they are received from brokers/lenders/clients.
• Complete SBA forms including 1920 when needed.
• Assist in loan write-up preparation.
• Assist the SBA Loan Closer in reviewing equity injection and loan disbursement documentation to ensure with loan program requirements.
• Assist in obtaining corporate documents for legal entity review.
• Complete UCC searches, title searches, and credit reports.
• Assist in submitting the necessary IRS verification form.
• Assist the SBA Loan Closer for getting hazard and/or flood insurance, and other required insurance.
• Ensure that loan documentation is properly imaged into the system of record.
• Assist with and manage transition of loan file from closing to servicing.
• Assist and perform the post-closing audit of SBA and USDA loan files and manage the tracking and clearing of all outstanding loan documents, post-closing and/or loan exception items identified.
• Perform other related duties as assigned.

What You'll Bring

• Working knowledge of SBA and Commercial loan documents.
• Knowledge of SBA title, escrow, and loan closing processes, workflows, and functions.
• Basic understanding of regulatory requirements and ability to understand and comply with regulatory requirements.
• Excellent written and verbal communication skills.
• Interpersonal skills to interact positively and effectively with all levels of employees, management, and third parties.
• Proficient computer skills, including accurate data entry and ability to balance production with data integrity.
• Ability to work independently with self-direction and minimal oversight, and as part of a team in a deadline-oriented environment.
• Strong organizational and time management skills to handle multiple projects and meet deadlines.

Education and Experience

• Bachelor’s degree in a related field preferred.
• 0-1 years of experience in SBA/Commercial Loan Documentation

Physical Demands

While performing the duties of this job, the employee is constantly required to remain in a stationary position and operate a computer and other office productivity machinery, such as a multi-line telephone, copy machine, scanner, fax, and computer printer. The employee needs to frequently communicate with internal and external contacts and move about inside the office to access file cabinets, office machinery, etc. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

Work Environment

• Climate controlled business office environment.
• Ability to work in artificial light for extended periods of time.
• Noise level is usually moderate.
• Work involves being able to concentrate on the matter at hand, under sometimes distracting work conditions and frequent interruptions during the day.
• This is a full-time, in-person position: Monday through Friday; 40 hours per week.
• Work requires regular attendance, punctuality, and adherence to agreed-upon schedule with willingness to work a flexible and/or rotating schedule and/or extended hours, as needed.

Travel Required

• Minimal (0%-5%) local, non-overnight travel.

Other Duties

The above job description is not intended as an all-inclusive list of the essential functions which the individual will be required to perform. The individual may be required to perform other reasonable business-related duties and tasks, as assigned, at the discretion of management. Mountain Pacific Bank reserves the right to change or modify this job description, as needed, at any time, with or without notice. This job description does not constitute a written or implied contract of employment or otherwise modify the terminable at will employment relationship.

Mountain Pacific Bank is committed to equal employment opportunity. We will not discriminate against employees or applicants for employment on any legally recognized basis [“protected class”] including, but not limited to: veteran status, uniform service member status, race, color, age, religion, sex, national origin, physical or mental disability or any other protected class under federal, state or local law.

This policy applies to all terms and conditions of employment, including recruiting, hiring, placement, promotion, termination, layoff, recall, transfer, leaves of absence, compensation, and training.

Job Type: Full-time in person

Pay Range: $25.00 - $33.00 per hour

Benefits:

• Bonus Opportunity (based on Company and Individual Performance)
• 401(k) with matching contribution
• Comprehensive Medical Insurance, Dental, and Vision insurance with 100% of employee base premiums covered.
• Healthcare and Dependent Care Flexible Spending Account
• Minimum of 10 paid vacation days per year* with minimum of 15 paid vacation days after 1 year of employment.
• 2 additional PTO days annually**
• 11 Paid Holidays
• 8 hours of paid sick time per month*
• Paid Life, AD&D, and Long-Term Disability insurance
• Employee assistance program
• Referral program
• Tuition reimbursement
• Mountain Pacific Bank Account and Loan Perks
• pro-rated from start date and/or hours worked

**granted every January 1st