Loan Specialist-SBA

Job Summary

Under limited supervision, uses specialized knowledge and skills obtained through training and experience to process small business loans and prepare settlement documents. Resolves or recommends solutions to complex problems. Extensive contact with internal and external customers is required to obtain, clarify or provide facts and information and to identify, research, and resolve problems.

Essential Duties and Responsibilities

• Obtains required documentation and processes all small business loan packages.

• Ensures compliance with banking rules and regulations.

• 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.

• Performs other duties and responsibilities as assigned.

• Perform Reconciliation for P & I payments between the investors and originator

• Customer service liaison for safekeeping account

• Performs analysis for safekeeping statement

Qualifications:

Knowledge, Skills, and Abilities

Knowledge of

• Advanced concepts, practices and procedures of small business loan documentation and processing.

• Principles of banking and finance.

• Financial markets and products.

• SBA Underwriting guidelines and regulations.

• Federal and State lending laws.

• Loan software packages.

• Accounting principles.

Skill in

• Processing the most complex loan packages.

• Verifying loan packages and supporting documents.

• Preparing loan settlement packages.

• Preparing inventories and reports.

• Performing advanced loan calculations.

• Operating standard office equipment and using required software applications, including Microsoft Office.

• Mass communication distribution

Ability to

• Read, interpret, analyze and apply information from loan package document

• 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.

Educational/Previous Experience Requirements

• Bachelor's Degree and minimum of five (5) years of small business loan processing experience.~or~

• An equivalent combination of education, training or experience.

Licenses/Certifications

• None required.

Raymond James Guiding Behaviors

At Raymond James our associates use five guiding behaviors (Develop, Collaborate, Decide, Deliver, Improve) to deliver on the firm's core values of client-first, integrity, independence and a conservative, long-term view.

We expect our associates at all levels to:

• Grow professionally and inspire others to do the same

• Work with and through others to achieve desired outcome

• Make prompt, pragmatic choices and act with the client in mind

• Take ownership and hold themselves and others accountable for delivering results that matter

• Contribute to the continuous evolution of the firm