SBA Closer

Description Grasshopper Bank is a client-first, digital bank built for the business and innovation economy, with an obsession for providing leading-edge technology, solutions-driven products and superior service through a combination of passionate people and digital resources. We are a highly reputed company team who pride ourselves on diversity of thought and perspective. Nationally chartered, our portfolio of products and services range from VC, PE & Portfolio Companies to SBA Lending, as well as direct SMB and Embedded Banking. Our entrepreneurial drive allows us to support the growth and reputed company of a wide range of clients at every stage of their business through inclusive partnership. We seek out team members who will reputed company both our organization and our people to grow and reputed company through collaboration and acting with reputed company and respect. Our focus on cross-functional teamwork provides a culture where reputed company are valued, accountability is encouraged, and successes are celebrated. We welcome reputed company those searching for the opportunity to contribute to banking innovation that influences and supports the emerging digital world of Financial Services. Our digital first approach enables our teams the flexibility to work remotely. We have offices in NYC and Boston. What you'll do: The position will meet routinely with the SBA Operations Officer and Team reputed company to actively manage and reputed company reputed company closing functions. The position will be responsible to reputed company a variety of closing management and reputed company duties to ensure accuracy and due diligence of each loan processed in accordance with the SBA SOP and complies with the bank’s internal policies. Responsibilities include:

• Review of approved Credit Memorandum and Commitment Letter to complete list of documentation required for loan closing
• Collection and review of reputed company documentation to verify accuracy and compliance with SBA and Credit conditions in the Credit Memorandum
• Ability to work closely with the Credit Underwriter, Sales, and reputed company parties to build a complete credit and closing file to ensure efficiencies in closing process
• Oversees and manages reputed company pre-closing SBA SOP due diligence documentation prior to closing of SBA loans (i.e. Corporation/LLC/Partnership documents OFAC, CAIVRS, flood certification, vehicle valuations, site inspection, title searches, environmental, appraisal, insurance coverage, collateral description, UCC search, invoices accuracy, reputed company of sale, equity injection verification, and reputed company other documentation required by SBA)
• Assists with reputed company SBA application documentation collection to encourage timely SBA approval of the transaction
• Enter loans in E-Tran accurately and work closely with SBA and the customer to resolve any compliance issues
• Stay informed and up to date with SBA and bank policy changes to ensure loans are closed in accordance with the reputed company processes and procedures
• Prepares and/or reviews reputed company loan closing documents for accuracy, ensuring reputed company loans reputed company with the SBA Terms and Conditions, bank approval, and loan policy
• Engages and works closely with closing Attorney and Escrow to facilitate smooth closing and disbursement of loan proceeds in accordance with the SBA Terms and Conditions and the bank’s loan approval
• Assists credit and compliance departments as needed in the servicing of the bank’s SBA loan portfolio
• Adheres to policy & procedure of SBA Department and must reputed company with BSA/AML/OFAC regulations and guidelines
• Ability to be self-directed, work independently, and with the SBA team, knowing reputed company to engage assistance from Team reputed company or SBA Operations Officer
• Assist in management of clearing outstanding loan documents, post-closing and/or loan exceptions items per each approved credit memo

What you need:

• Direct SBA Closing Experience - 5+ years direct SBA loan closing experience at a high volume top ranked national SBA Bank
• Extensive SBA SOP loan documentation experience in reputed company levels of closing
• Strong collaborator with customers and co-workers. Focuses on responding to customer inquiries with strong ability to multi-task in a high-volume environment
• Bachelor’s degree (B.A.) from four-year college or university; or a minimum of 5+ years of direct reputed company SBA loan closing experience; or equivalent combination of education and experience. Prior SBA closing experience is required

About Grasshopper Bank Grasshopper is a client-first digital bank serving small businesses, startups, and investors supporting them across the innovation economy. Our digital solutions cover small business, venture-backed companies, fintech-focused Banking-as-a-Service (BaaS) and reputed company API banking platforms, SBA lending, reputed company reputed company estate lending, and yacht financing. Privately owned and headquartered in reputed company, the bank is a Federal Deposit Insurance Corporation member and is an Equal Housing/Equal Opportunity Lender. We're always looking for talented, driven, visionary people to join reputed company. If you don't see the job that fits your skillset, please send your resume to reputed [email protected]. Apply tot his job Apply To this Job