SBA Servicing Specialist I - Post Closing Compliance at First Internet Bank
Fishers, IN 46085
About the Job
As a SBA Servicing Specialist I within Post Closing Compliance, you are responsible for assisting the SBA Post-Closing Compliance group in ensuring that the closed loan files are properly received, reviewed, and imaged into the system of record for the bank. This is in addition to ensuring that all initial file intake and loan requirements are being met in accordance with the SBA SOP, and are compliant with the bank’s internal loan approval. Your primary day-to-day duties include all aspects of portfolio management as it relates to the initial loan file intake, audit/loan review, and exception clearing for SBA loans.
What You Will Do
- Perform initial review of original loan documents to ensure accuracy/completeness according to the approved loan structure
- Ensure all required documents are executed by lender/third parties as necessary
- Assist with/manage transition of loan file from closing to Servicing
- Ensure that loan documentation is properly imaged into the system of record
- Maintain paper file system and document storage area on behalf of the department
- Assist/Manage the customer onboarding process for various platforms in conjunction with the Customer Success Team
- Assist the department as needed in the servicing of the bank’s SBA loan portfolio including financial, insurance and covenant tracking
- Coordinate with Portfolio Managers/Special Assets Manager in transferring distressed loans to intensive servicing department
- Assist leadership with preparation for and processing of internal/external audits for the Small Business Lending team as needed
- Perform other duties as necessary
- Minimum of one year of experience in commercial/SBA lending as a processor, packager, or closer for SBA Loans
- A college degree in business or a paralegal certification is preferred
- Relevant work and experience with SBA lending will be considered
- Proficient with Microsoft Office
- Working knowledge of PCFS – Loan Manager and nCino is preferred
- Self-starter that is able to work independently and as a part of a team
- Strong work ethic and ability to stay on task for extended periods of time without distraction
- Demonstrated ability to complete work in a timely, efficient manner with impeccable accuracy
- Knowledge of various legal entity borrowing structures such a Limited Liability Companies, Corporations, Partnerships, Tenant in Common structures, etc.
- Knowledge of required reviews and verifications through the Secretary of State, etc., and the type of entity documentation required for each type
- Knowledge of Flood Insurance Compliance and required documentation
- Knowledge of Loan Closing processes and required documentation
- Professional office setting.
- Primarily sedentary position requiring long periods of time working at a computer.
- Must be able to move throughout the office and buildings to obtain or relay information.
- Must be able to perform the essential functions of the position with or without reasonable accommodation.
We’re not just another bank and we’re not looking for just another employee. Since 1999, First Internet Bank has been dedicated to finding a better way to bank and doing things that have never been done before. Yes, we really were the first state-charted, FDIC insured bank to operate entirely online and we have been leading the way ever since.
We seek the game changers, the innovators…those who challenge the status quo because change really is the only constant. Ready to join a team of imaginative, driven individuals like you? It’s your career, you deserve to imagine more. Keep reading, we think you will like you what see.
Why Join Us?Our success has been driven, in part, by four core competencies – customer focus, teamwork, adaptability and initiative. Collectively they define our actions and are at the heart of all we do. As a result, we’ve been fortunate to have been named numerous times as an Indianapolis Star Top Workplace and one of the Best Banks to Work For! Headquartered in downtown Fishers, our newly-built, state-of-art 175,000 square foot facility headquarters was designed with our team in mind and features an 18,000 square foot open air deck named “The Backyard”, with fire pits, covered pergola, waterfall and foliage to create a momentary escape from the work day. Beyond that, the onsite fitness center with the latest equipment and ergonomically-designed workstations help promote health and wellness. Have we mentioned free snacks, soft drinks and beer available on tap? Want more? How about a flexible work schedule, unlimited volunteer time off and social events to bring us all together to have some more. Why just imagine more, take the “first” step and apply today.
Our benefits package includes the following and so much more:
- Medical Dental, Vision Insurance
- 401(k) Retirement Plan with Generous Match
- Tuition Reimbursement
- 3 Weeks Paid Vacation Plus Paid Holidays
- Paid Volunteer Time
- Business Apparel Allowance
Equal Opportunity Employer - Women, Minorities, Veterans and Individuals with Disabilities
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The contractor will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the contractor’s legal duty to furnish information. 41 CFR 60-1.35(c). Click