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SBA Senior Closing Specialist 

Category SBA  

The SBA Senior Closing Specialist will perform a variety of loan processing and closing functions, ensuring quality loan documentation and adherence to banking regulations, the SBA Standard Operating Procedures (SOP), Bank Loan Policy and Bank Standard Operating Procedures (SOP).

Individuals in this position should possess advanced knowledge of lending principles and SBA 7(a) lending, and a solid understanding of legal documents. Assignments generally require superb problem-solving skills, communication skills, organization, attention to detail and strong judgment.

This position is remote eligible. Individuals may choose to work from a designated home office space or may choose to work onsite at any IncredibleBank branch location in Wisconsin and Michigan.

Duties and Responsibilities

•Ensure Bank SBA 7(a) loans are processed and closed compliant with State and Federal laws and regulations as well as published SBA SOP.
•Be a valuable resource for and provide a high level of assistance to SBA customers in relation to approved SBA 7(a) loans in the documentation and closing stage.
•Actively manage the loan pipeline and meet critical closing dates.
•Identify problems in an urgent manner and offer solutions to meet both the customer and Bank needs.
•Review the credit memorandum for SOP compliance and appropriate/necessary loan conditions.
•Prepare and/or review SBA application documentation for accuracy.
•Order, engage, collect, and review closing documentation such as, but not limited to entity documents, site inspections, title searches, insurance coverages, collateral descriptions, UCC searches, invoices, bill of sales, etc.
•Prepare and communicate a list of closing needs and requirements for the customer, including applicable forms. Work with borrower, brokers, Bank staff and attorneys to assist borrower through the closing process.
•Make sure the Bank’s liens on collateral are in the approved position and properly perfected.
•Obtain General Processing/PLP approval with SBA and prepare the SBA loan authorization.
•Perform verification of borrower injection source and use.
•Prepare and/or reviews all loan closing documents for accuracy, ensuring all loans comply with the SBA loan authorization, bank approval and loan policy.
•Coordinate the loan closing and the loan disbursement(s) with title company, escrow agent and/or legal counsel.
•Document the funding of the loan and prepare file for handoff to the Loan Servicing Department.
•Organize the clearing of any outstanding loan documents and/or loan exceptions.
•Assist in conducting documentation reviews of troubled loans to determine possible documentation risks and servicing actions.
•Perform periodic reviews of compliance processes to ensure process meets regulatory requirements, Bank Loan Policy and Bank SOP and assist in preparation of review finding reports.
•Assist management with identifying knowledge or process gaps and training.
•Partner with staff to identify process improvements, efficiency gains and/or enhanced customer experience.
•Support internal and external audit requests to ensure timely responses and reporting.
•Complete Adverse Action loan file processing.
•Assist with department procedures, job aides and forms to ensure accuracy and department transparency.
•Complete ongoing SBA training to stay current with program changes.



•Degree from four-year college or university and a minimum of 5-10 years of SBA closing experience is desired.

Software Skills

•Proficient with the Microsoft Office Suite, Bank systems and all web based and SBA specific software and websites.

Licenses and Certification

•NAGGL Certification preferred.


•Travel may be required based on business need.

Other Desired Qualifications

•Ability to work in a fast-paced environment and meet critical deadlines.
•A strong collaborator who can balance Bank, team and individual responsibilities and gives and welcomes feedback.
•Demonstrates a high attention to detail, organization and resourcefulness.
•Understands the basics of most business industries and related implications of decisions.
•Excellent communication skills.

Location Remote  
About the Organization We are excited at the prospect of YOU joining our team in delivering the Incredible Customer Experience (I.C.E.) to every customer. We are an Incredible Organization with a passion for our customers and our employees.  
EOE Statement EEO AA Employer: M F Disabled Vet  

This position is currently not accepting applications.

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