SBA 7A Loan Coordinator II

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SBA 7A Loan Coordinator II is responsible for coordinating the approval and closing of smaller, less complex SBA and other government guaranteed loans, including SBA 7a, Express, & 504 programs, USDA. The SBA 7A Loan Coordinator II shall ensure assigned loans are processed in accordance with established policies and procedures including but not limited to packaging proposed credit requests for agency (SBA) approval, loan closing and funding, and maintaining well organized loan files for internal and external audits. Prepares documentation required for the processing of SBA loans, reviews status of assigned loans to ensure progress is made on a timely basis, and assists SBA Specialists in loan closings. Maintains the U.S. Small Business Loan Portfolio for the Bank, including reporting requirements to specific agencies. The SBA 7A Loan Coordinator II is responsible for assuring loan files are maintained in accordance with U.S. SBA policies. Responsible for the coordination with Middle Office to prepare loan documents. Responsible for the collection of required borrower information and packaging the loans to conform with U.S. Small Business Administration standard operating procedures as well as with the Bank's policies and regulatory compliance, all within established timelines.

Responsible and accountable for risk by openly exchanging ideas and opinions, elevating concerns, and personally following policies and procedures as defined. Accountable for always doing the right thing for customers and colleagues, and ensures that actions and behaviors drive a positive customer experience. While operating within the Bank's risk appetite, achieves results by consistently identifying, assessing, managing, monitoring, and reporting risks of all types.

ESSENTIAL DUTIES & RESPONSIBILITIES:

• Supports the SBA lending leader in the processing of SBA loans for agency (SBA) approval and loan closing for smaller, less complex loans.
• Utilize LOB Playbook to be a trusted advisor to our clients resulting in strong client experience (internally and externally) retention/penetration and One Bank execution.
• Interface directly with borrowers who have been approved for SBA loans and secure customer acceptance of terms and conditions.
• Responsible for the review of SBA eligibility documentation and for ensuring compliance with SBA SOP for loans approved within the Bank's PLP authority, as well as ensuring all SBA and Bank requirements have been met prior to loan closing.
• Coordinates the packaging and approval of SBA and other government guaranteed loans in conformance with SBA, USDA, and state specific standard operating procedures.
• Ensures assigned loans are closed and funded according to SBA guidelines as well as Bank's internal loan policies.
• Ensures that loans are processed according to outlined procedures for 1502 reporting.
• Ensures proper payment of guaranty fee to the U.S. SBA.
• Develops a working knowledge of all customers, businesses, and prospect opportunities.
• Responsible for all SBA loan document preparation including third party document coordination, completion and review.
• Collects and reviews all required collateral information.
• Maintain reporting on assigned loans regarding loan status, actions taken in loan processing, outstanding items needed for approval and/or loan closing, while offering solutions to clear obstacles in loan processing to meet customer deadlines.
• Other duties as assigned.

SUPERVISORY RESPONSIBILITIES: None

MINIMUM KNOWLEDGE, SKILLS AND ABILITIES REQUIRED:

Bachelor's degree in accounting, finance or economics or equivalent experience.

Minimum 1 year of packaging and closing experience in the SBA industry.

Extensive knowledge of SBA (Small Business Administration) regulations.

Proficient in basic software applications such as Microsoft Word and Excel.

Fifth Third Bank, National Association is proud to have an engaged and inclusive culture and to promote and ensure equal employment opportunity in all employment decisions regardless of race, color, gender, national origin, religion, age, disability, sexual orientation, gender identity, military status, veteran status or any other legally protected status.