Loan Specialist SBA RJA Position Available In Shelby, Tennessee

• Essential Duties and Responsibilities
• + Obtains required documentation and processes all small business loan packages.

+ Inputs loan data into settlement and SBA systems for setup and activation. + Coordinates settlements with customers for purchase of SBA loans. + Prepares settlement packages for funding. + Prepares monthly loan certificate inventory. + Processes and posts all SBA loan principal and interest payments. + Processes and posts loan payoffs. + Balances SBA loan transfer fees. + Perform Reconciliation for P & I payments between the investors and originator. + Customer service liaison for safekeeping accounts. + Escalates more complex service issues to seasoned associates. + Performs analysis for safekeeping statements. + Performs other duties and responsibilities as assigned.

• Knowledge of:

• + Basic technical concepts, practices and procedures of small business loan documentation and processing. + Fundamental principles of banking and finance. + Financial markets and products. + SBA Underwriting guidelines and regulations. + Federal and State lending laws. + Loan software packages.
• Skill in:
• + Processing the loan packages. + Verifying loan packages and supporting documents. + Preparing loan settlement packages. + Performing loan calculations. + Operating standard office equipment and using required software applications, including Microsoft Office with an emphasis on Excel. + Mass communication distributions.
• Ability to:
• + Read, interpret, analyze and apply information from loan package documents.

+ Interpret and apply policies. + Organize, manage and track multiple detailed tasks and assignments with frequently changing priorities in a fast-paced work environment. + Communicate effectively, both orally and in writing. + Work independently. + Establish and maintain effective working relationships. + Maintain currency in loan processing policies and procedures.

• Education/Previous Experience:

• + Associate’s Degree and one (1) to three (3) years of small business loan processing experience. + ~or~ an equivalent combination of education, training or experience.
• Licenses/Certifications
• + None required