SBA Loan Coordinator

Position Summary

• Process Small SBA 7(a) loan files($350,000 or less), SBA Express Loans; occasionally SBA 504 and Conventional loan files.

• order, and track due diligence items such as title policies, environmental reports, etc.

• Coordinate the collection of required documentation from borrower and/or lender.

• Contact lenders, title companies, insurance agents, and others to ensure missing post-closing documents have been obtained and make sure that files are complete with all final recorded documents.

• Order credit reports, as needed.

• Verify accuracy of documents based on type of loan.

• Prepare settlement sheets for loan disbursements and verify that documentation supports the original authorization.

• Supports departmental duties including answering phones, processing incoming and outgoing mail and deliveries, maintaining office equipment, ordering supplies, maintaining filing systems, etc.

Knowledge of:

• Strong oral and written communication skills
• Strong organizational skills

Ability to:

• Take independent action within established options and develops new procedures and approaches to problems when necessary
• Analyze assignments based on a wide knowledge of many factors where application of advanced or technical concepts are required
• Maintain visual attention and mental concentration for extended periods of time
• Perform duties and make decisions under frequent time pressures
• Independently be able to prioritize workflow to meet deadlines

Education and Training:

• Requires High School diploma.
• Requires 2 or more years of commercial loan and/or SBA loan documentation knowledge.
• Requires knowledge of Microsoft Office.

Busey values a diverse and inclusive workplace and strives to recruit, develop and retain individuals with exceptional talent. A team with diverse talent, working together, is essential to Busey's commitment of delivering service excellence. Busey is an Equal Opportunity Employer including Disability/Vets. Visit Busey.com/Careers to learn more about Busey's Equal Opportunity Employment.