Legal Staff Paralegal in Carmel, IN

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SBA Eligibility Review Officer The candidate will review and structure complex SBA & USDA guaranteed business loan applications of all sizes for program eligibility and compliance, assuring that agency guarantee can be enforced. Responsible for the review of approval, determination and verification of due diligence to ensure loan will be closed in accordance with SBA & USDA eligibility requirements. Understands the SBA & USDA standard operating procedures based on each loan approval. Interacts with SBA Product Specialists and internal SBA Operations colleagues to facilitate understanding of the SBA and USDA guaranteed loan programs as well as to understand the credit request, obtain necessary eligibility information, and communicate eligibility decision and reasoning. Clearly communicates eligibility requirements and loan statuses in weekly calls with the SBA Product & Client Specialist. Work directly with the SBA loan center when required to obtain proper SBA approval and documentation. Clearly documents and communicates eligibility conditions to close in accordance with the SBA Standard Operating Procedures. Reviews all reports and information received with respect to SBA/USDA eligibility requirements to determine if terms and conditions of the SBA credit approval will be met. This includes review of franchise agreements, purchase agreements, bank notes, and business plans. Reviews use of proceeds, orders SBA Number, prepares SBA Authorization and is responsible for ensuring the loan meets all SBA/USDA requirements. Conducts a post-closing quality review to ensure that all eligibility documents are in order and properly executed. Senior Level Designation may be available based upon experience. Bachelor's Degree and 1 year of Business loan operations experience OR Associates Degree/Paralegal and 3 years combination of business loan operation and direct SBA experience required. Bachelor's degree in Finance, Accounting, Business or Economics preferred. Existing knowledge of SBA and/or USDA loan programs highly preferred. Must have excellent analytical skills along with the ability to write in a concise, logical manner to clearly document transaction risks and mitigates. Excellent verbal (face-to-face and phone) and written communications skills are required to effectively provide exceptional customer service to both internal and external customers preferred. Good interpersonal skills and the ability/desire to work in a fast-paced production environment are critical to be successful in this role preferred. Must have Excellent PC skills to include Excel, Word, Outlook, AFS and Velocity.TSoft and SBA Etran experience are preferred. Strong organizational skills, attention to detail, and the ability to multi-task preferred.

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Ref: R0024797

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