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SalaryWorking at The Bank of Missouri
At The Bank of Missouri we know it takes great people to support the communities we serve! We are passionate about caring for people and communities, and know how to recognize and reward our employees for their talent and contributions. When you work at The Bank of Missouri, you not only get to help others, but you also get the resources, opportunities and support to grow your own career.
About our Company
Staying in business for more than 130 years is hard. Really hard. If you think about it, we’ve endured many events, like the Great Depression and two World Wars. We’ve survived and thrived, thanks to our great customers and communities. We were founded on core values of accountability, community service and financial conservatism. Those principles are the reason we are still in business today. Caring for people and communities is our foundation!
We’ve built a reputation of being financially secure and community focused. We are an independent community bank and fully intend to stay that way. We are big enough to accommodate any financial need, yet small enough to give every customer the personal treatment they deserve.
About this job:
As an SBA Loan Processor, you will process SBA loans in accordance with all SBA lending criteria. Also provides expertise on program eligibility and compliance, including but not limited to pre-closing document review, review inspections and appraisals, SBA loan authorization and loan document preparation, guaranty fee payments, filing and recording of liens and post-closing file review.
Here are some of the great benefits you will enjoy as a member of our team:
- Competitive Salary
- Personal paid time off, as eligible and paid holidays
- 401K and Employee Stock Option Plan, as eligible
- Generous medical, dental, vision, life and disability insurance
- Fitness reimbursement
- Learning, development and growth opportunities
As an SBA Loan Processoryou will:
Possess extensive knowledge and understanding of SBA programs, policies and procedures.
Perform all phases of the SBA loan processing cycle and SBA report submission in accordance with the processing checklist.
Perform the SBA credit underwriting process that captures all required SBA criteria necessary for determining program eligibility and compliance.
Verify that all required documents and reports specific to the loan submitted for processing loan have been received, approved and are in the loan file prior to printing the closing loan documents. Reports may include but not be limited to, credit reports, appraisals, evaluations, environmental reports, title documentation, site visit reports, no tax due certificates, arrest and conviction waivers.
Verify that all data entry is complete and accurate in accordance with Loan Officer’s credit memo.
Perform UCC searches and initiate the filing of UCCs with State and County agencies to ensure proper lien position as required by SBA.
Submit loan applications to SBA for approval using the LaserPro program and submission to USDA loan application to appropriate USDA office for approval.
Stack loan files in the SBA required 10- Tab format and submit to imaging.
Prepare and review all SBA Terms and Conditions for accuracy and compliance.
Upload loans to Silverlake and image loan documents to Synergy.
Funding of loans after closing in accordance with disbursement request.
Submit invoices for appraisals, valuations and related services to ensure timely payment.
Maintain educational and professional expertise by completing all required on-line courses and through attendance at job related seminars, conferences and workshops.
Maintain educational and professional expertise by completing all required on-line courses and through attendance at job related seminars, conferences and workshops.
Qualifications for Success:
High school diploma or general education degree (GED); or two to three years related experience and/or training; or equivalent combination of education and experience.
Experience in SBA preferred.
The Bank of Missouri is an Equal Opportunity Employer
