Job Details

Sba Closing Specialist

Company name

Organization Type


Job Type

Legal Staff

Date Last Verified

Sep 09, 2021

Valid Through

Dec 23, 2021

Posted on

Jul 17, 2021

Years of Experience

Min 2 yrs required


Hoover, AL, United States

Employment Type



Practice Area
Finance >> Finance - Banking
Apply for this job
Your Email:
Upload Resume:
Apply Later
35 hits


SBA Closing Specialist
Duties: Review approved loan packages received from Underwriting to include credit memos, commitments letters, terms and conditions. Ensure critical components have been provided by the lending officer for the documentation process. Set up third party engagements commensurate with credit approval, including attorneys, real estate and business appraisers, etc. Submit applications through the appropriate SBA systems (ETran and SBA One) for guaranty authorizations. Prepare various loan documents for closing. Confirm satisfaction of loan approval terms and equity requirements prior to closing. Independently monitor loan packages throughout the process to identify potential risks related to the effective and efficient processing of the loan and to protect the Bank’s interests. Maintain currency with SBA SOP requirements, procedures, and changes.

Qualification and Experience

Requirements: High School Diploma or GED. Intermediate commercial credit knowledge including loan closings, legal documentation, construction financing, and exceptions. Proficiency in reviewing insurance, title work, surveys, collateral, lien filings, appraisals, construction due diligence, and environmental reports. Experience working with commercial sales associates, underwriters, paralenders, insurance firms, and attorneys. Proficiency in use of computers, Microsoft Office (Excel, Word, Outlook). Experience with commercial loan systems.
Preferences: 2 years of SBA closing experience and knowledge of SBA loan program requirements or equivalent work experience. Specialized training in title, real estate, government programs (SBA), and specialized lending programs. Experience with nCino and/or related Salesforce platforms. Experience with SBA systems (ETran, SBA One, TSOFT). Experience with LaserPro. Bachelor’s degree or certification as a paralegal. Strong organizational skills and the ability to handle multiple tasks under tight time constraints. Strong communication and interpersonal skills. Demonstrated effective verbal and written communication skills for the purpose of explaining the loan closing process, exceptions and associated legal documentation to internal, external clients and appropriate counsel. Must have 18-24 months direct SBA experience.

Additional info

Ref. R50625

Company info

Hiring Coordinator
Regions Bank.
2000 Riverchase Galleria
Hoover, AL 35244


Similar Jobs Near Me:

Birmingham, AL
SBA Loan Closing Specialist Duties: Responsible for the administrative tasks relative to SBA loan closings. Serve as the internal and external liaison between the Bank, SBA, third party vendors, attorneys, and customers related to all loan closing issues and to obtain required information. Coordinates with SBA Underwriters and BDO’s on loans to be submitted to SBA for approval. Schedules loan closings in concert with closing attorney. Review C...
Job title
StoneX Group Inc.
Birmingham, AL
Paralegal The candidate will be coordinating document retrieval and productions under the supervision of supervising attorneys. Preparing cover letters, litigation hold notices. Organizing and maintaining documentation for case management matters and advising attorneys of status dates and changes. Conducting research. Assisting in administrative tasks. Maintaining prompt and regular attendance.
StoneX Group Inc.
Birmingham, AL
Contracts Manager-Fin The candidate manages activities of contract administration team to ensure that contracts are prepared, negotiated and accepted in accordance with Corporate policies. Monitors contract and business terms to mitigate the company's risk. Manages a professional staff. Responsible for the preparation, negotiation, acceptance, and management of commercial contracts including licensing agreements. Reviews and approves all contrac...
Job title
NaphCare, Inc
Birmingham, AL
Legal Assistant The candidate will be communicating with key internal personnel and NaphCare clients. Will be creating and preparing routine correspondences and materials. Assist with processing and handling monthly invoicing. Assist with workers’ compensation program by processing and handling employee claims. Proofreading, verifying, and editing all materials for accuracy and clarity. Research wrote legal authority. Utilize advanced computer...
Medtronic, Inc.
Birmingham, AL
Intellectual Property Paralegal The candidate will serve as a strategic member, advisor, and liaison between the company's business functions. Will serve as a resource to other team members working in concert to address multifaceted legal issues. Provide legal assistance to IP attorneys. Track status and create status reports for multiple ongoing projects. Counsel on the progress of matters. Analyze data and connects dots across multiple workstr...

Everyone Loves LawCrossing

LawCrossing was probably the best legal board I have used. I liked the layout and it was user friendly. I tried to use another job board, but it was not user friendly and was kind of a pain, whereas LawCrossing was easy to use to find jobs. I really liked it. I would certainly recommend this site and service to my colleagues.
  • Stephen Kobza Tinley Park, IL
+ Read More Success Stories
  • All we do is research jobs
  • Our team of researchers, programmers, and analysts find you jobs from over 50,000 career pages and other sources
  • Our members get more interviews and jobs than people who use "public job boards"