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Siemens · 1 day ago

Senior SBA Loan Specialist

United States

Full-time

Remote

Senior Level, Lead/Staff

$116K/yr - $198K/yr

10+ years exp

Siemens is a global technology company focused on industry, infrastructure, transport, and healthcare. They are seeking a Senior SBA Loan Specialist to play a key role in the launch and operation of Siemens Small Business Lending, ensuring compliance and due diligence for SBA loans while optimizing processes and educating field teams.

Artificial Intelligence (AI)ConsultingCyber SecurityInternet of Things

Responsibilities

Identify business entity types and collect the corresponding legal documentation required for state or county filing

Utilize the loan workflow and specific tasks within the Loan Origination System, identifying best practices and proactively suggesting enhancements to optimize the technological interface for the new startup SBA program

Order, review, and analyze all required third-party vendor documents in relation to the collateral to be held on the loan

Complete all due diligence associated with the satisfaction of loan approval conditions, as well as customer identification requirements, in a timely manner

Verify that loans have been approved by the appropriate level of authority, including approval from SBA, FSA, etc., as appropriate

Serve as a point of contact between the lender, underwriter, customer, attorney and/or title company, and the SBA as needed

Ensure all required due diligence and approval documentation has been indexed accurately into our system of record

Execute a post-closing examination of loan documents for accuracy and completeness and perform upload of documents to the system of record

Send loan-specific information to Loan Servicing for core system input and maintenance

Ensure proper loan entry/buildout into the Loan Origination System (LOS) SBA Module, with a particular focus on configuring and optimizing the system for the unique requirements of the new startup SBA program and its technological integrations

Ensure proper SBA Forms and Disclosures are completed and properly executed at the time of application and closing

Submit and obtain SBA Loan approval through E-Tran or SBA One for newly originated SBA loans and SBA modifications as required by the Servicing and Liquidation Actions Matrix as needed

Order and review CAIVRS and IRS Tax Transcript verifications

Coordinate and execute Letter of Credit documentation for Small Business portfolios

Actively participate in cross-functional teams to drive the development, testing, and implementation of new digital tools and processes for the startup SBA program's technological interface

May mentor more junior team members, sharing expertise on both established and new program processes

Ensure compliance with SSBL’s policies and procedures, and Federal/State regulations

Complete other duties and special projects as requested by management

Qualification

SBA lendingSBA guidelinesSBA financial programsSBA SOPsLoan Origination SystemFinancial Industry experienceCompliance knowledgeMentoringCross-functional collaboration