SBA Specialist

At Falcon National Bank, we are passionate about helping our customers and the communities where we live and work. This is accomplished by finding talented individuals who share in our mission of building life-long relationships, our vision of growth and success, and our values of high integrity and reliable execution. Falcon National Bank is currently looking for an SBA Specialist to join our team. What's In It For You? We're proud to offer a variety of benefits to support the health and well-being of our full-time employees, including: Company Sponsored Life Insurance and Short-Term Disability Medical, Dental, and Vision Insurance Health Savings Account (HSA), Limited Flexible Spending Account (FSA) and Dependent Care Flexible Spending Account (DCFSA) options. Paid Company Holidays and Paid Time Off (PTO) Volunteer Paid Time Off (VTO) 401k Retirement Plan with Company Match Voluntary Life Insurance and Long-Term Disability Employee Assistance Program (EAP) Supplemental Benefit Options Position Overview This position is responsible for managing the SBA loan closing process from the point of approval to post close. Assists underwriters, lenders and other third parties in clearing pre-closing conditions that include compliance related documents. The position requires enhanced attention to detail and internal customer service skills. Time management under strict deadlines is crucial to this position. Position Responsibilities & Duties Works closely with Borrower and SBA Lender to obtain due diligence required to protect the SBA Guaranty Reviews all Due Diligence documents required to close an SBA loan to assure it meets SBA eligibility requirements. Enters loan information into Etran and generates the final SBA Terms and Conditions. Prepares and reviews closing documents; works with escrow and title companies; orders insurance certificates prior to loan funding, and completes all necessary searches (CAIVRS, 4506's, SAM, Floods, Site Visits, UCC/Tax Liens, etc.) Construction draw process including working with third party Construction Mgmt. Firms. Process USDA loans from origination to close Maintains an open line of communication/correspondence between all involved parties. Follows policies and procedures; completes tasks correctly and on time; supports the company's goals and values. Ensures compliance with established company policies and procedures. Assists with training and education; works cooperatively with SBA Team to identify gaps. Reviews and quality checks loan files. Education & Experience 2 years of post-secondary education, Business or Finance, preferred 2 plus years of SBA or related experience, required Advanced knowledge of the SBA SOP and a good understanding of legislation and regulatory environment of the banking industry, highly preferred Skills Effective organizational and time management skills. Strong computer skills, including Internet Explorer and Microsoft Office (Word, Excel, and Outlook). Strong working knowledge of SBA loans and familiarity with SBA's Standard Operating Procedures (SOP). Intermediate knowledge of related state and federal banking compliance regulations, and other Bank lending policies. Intermediate math skills; calculate interest, commissions, proportions, and percentages; balance accounts; add, subtract, multiply and divide in all units of measure, using whole numbers, common fractions and decimals; locate routine mathematical errors; compute rate, ratio and percent, including the drafting and interpretation of bar graphs. Exceptional verbal, written and interpersonal communication skills, with the ability to apply common sense to carry out instructions and instruct others, train personnel, write reports, correspondence, and procedures, and speak clearly to customers and employees. Falcon National Bank is committed to equal employment opportunity for all employees and applicants and prohibits discrimination and harassment. It is the company's policy to recruit, hire, train, and promote individuals, as well as administer all personnel actions, without regard to race, color, religion, age, sex, national origin, disability status, genetics, public assistance, protected veteran status, sexual orientation, familial status, gender identity or expression, or any other characteristic protected by federal, state, or local laws.

Job Location:

Any Falcon National Bank Office Starting pay is determined based on several factors, which can include the candidate's experience, qualifications, skills, and geographic area.

Pay:

$25.00 - $32.00 per hour

Work Location:

Hybrid remote in Saint Cloud, MN 56301