Job Details

Sba Loan Closing Specialist

Company name

South State Bank

Organization Type


Job Type

Legal Staff

Valid Through

Mar 07, 2021

Posted on

Nov 22, 2020

Years of Experience

Min 2 yrs required


Charleston, SC, United States

Employment Type



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


SBA Loan Closing Specialist
Duties: Supporting all functions of SBA lending, including loan packaging, overseeing the closing and post-closing process, and ensuring compliance with SBA rules and regulations. 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 Commitment Letter and Credit Administrator approval for consistency. Prepare and maintain credit files through to loan closing. Prepare, submit and coordinate with SBA the issuance of an SBA Loan Number. Assure that the loan is closed in compliance with the terms of the SBA Authorization and Standard Operating Procedures. Order and review/evaluate third party vendor documentation such as appraisals, environmental reports, UCC and lien searches, flood search, tax return transcripts, etc.. Recognize and proactively resolve potential problems in the loan closing process.. Assist SBA Lender(s) as needed. Prepare pre-closing package and borrowers’ “needs list” for all SBA loan requests. Provide superior and quality customer service. Ensure that the Bank’s policies and procedures, code of conduct, and regulatory guidelines are strictly complied with. Provide assistance to other employees by liaising with them through healthy and positive interactions. Be involved in performing marketing endeavors/efforts. Continuously update skills by participating in professional training. Seek opportunities to improve skills through cross-training offered by the Bank. All other tasks, responsibilities or duties, as directed by management.

Qualification and Experience

Qualifications: College diploma preferred; 2+ years prior experience in related field; paralegal training and/or experience is a plus. Knowledge of commercial loan closing requirements and processes, emphasis on SBA lending preferred. Ability to work on multiple projects/loans simultaneously, managing time and resources to ensure work is completed efficiently and within established timeframes. Knowledge of SBA lending and Standard Operation Procedures, “SOPS”. 3-5 years prior supervisory experience preferred. Excellent verbal and written communication skills. Strong knowledge of personal computer, Microsoft Office and other software used in department. Must be able to prepare documents and compose business letters and memorandums. Must have good knowledge of business English, spelling and punctuation. Requires knowledge of office practices, procedures and general office machines. Must have strong communication skills characterized by excellent writing and speaking skills. Proficient with general office machines and programs to include Microsoft Office Word, Excel, Outlook, and other software that might be utilized in the department. Ability to use the computer efficiently and the capacity to learn new software programs as they are rolled out by the Bank. Must have good knowledge of business English, including spelling and punctuation. Must possess basic English language skills in order to write and speak clearly, and effectively with coworkers and customers. Must be well-organized, accurate, and attentive to detail. Must be cooperative and willing to assist coworkers and customers on a regular basis. Must have effective listening skills demonstrated by the ability to listen to others talk (without interruption), understand them, and then propose solutions or make contributions based on the points made by others. Must possess excellent multi-tasking skills and be able to function well under pressure. Must be able to remain composed under pressure and respond to customer and coworker concerns regularly. Must have a keen eye for detail and follow instructions to the letter. Must be patient and willing to help others in solving problems while maintaining a positive attitude at all times.

Additional info

Requisition Number: SBALO06743

Company info

Hiring Coordinator
South State Bank
172 Ashley Avenue
Charleston, SC 29403

Similar Jobs:

Transaction Coordinator
Mount Pleasant, SC
Transaction Coordinator The candidate must have either Real Estate, Property Management, Mortgage, ...
Land Acquisition Coordinator
North Charleston, SC
Land Acquisition Coordinator The candidate will be responsible for: Obtain necessary government app...
Real estate paralegal The candidate will work closely with the Development Department in all facets...

Similar Jobs
Temporary Paralegal
102, Greystar Corporation
Charleston, SC
Apply Now >
Contracts Drafter
102, Gaea Global Technologies, Inc
Charleston, SC
Apply Now >