What are the responsibilities and job description for the COMMERCIAL SBA LOAN QUALITY CONTROL PROCESSOR position at United Midwest Savings Bank?
Job Description
Job Description
About UMWSB :
We are not your typical bank, and we like it that way. Our four business pillars, SBA Lending, Consumer Lending, Mortgage Lending, and Deposit Banking allow us to attract unique candidates of all experience levels to join our growing team.
What We Stand For
Our products, services, and expertise have the feel of a small community bank, but the reach of a national brand. We at United Midwest Savings Bank are proud of the responsible, ethical manner in which our company has operated since its opening. We realize our success is a direct result of meeting our customer's needs and we continue to operate with your interests as our guide.
Employment Type : Full-Time, Exempt
Location : Columbus, Ohio
Reports to : Quality Control Manager
Position Summary :
A Quality Control Processor is responsible for reviewing and verifying the accuracy and compliance of post-closing loan documentation ensuring all loans meet established 7(a) Small Business Administration (SBA) guidelines, regulations, and internal policies before approval.
This role offers a hybrid work schedule, requiring no less than two days in the office each week. This arrangement may be adjusted at the discretion of your department manager or in response to evolving company needs."
- Comprehensive loan file review : Conduct detailed examinations of loan documentation, tax transcripts, purchase documents, entity formation documents, collateral documents, and supporting documentation to ensure completeness and accuracy.
- Compliance checks : Verify closed loans adhere to 7(a) SBA eligibility criteria, regulatory requirements, and internal commercial credit policy standards.
- Risk assessment : Identify potential credit risks associated with loan applications and marking issues for further review by management.
- Data analysis : Utilizing data analysis tools to review loan data, identify patterns, and assess trends to inform decision-making.
Education and Experience :
Required Skills / Abilities :
Benefits :
United Midwest Savings Bank is an Equal Opportunity Employer.
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