SBA Loan Assistant

Responsible for assisting the Bank’s SBA department with managing the loan closing process as far as documents and filings, organization of files, and other duties as assigned in relation to SBA lending. The most important aspect of this position requires careful attention to detail and expert research skills. You will be asked to assist in the due diligence process related to pending loans and to perform minimum legal research and prepare materials based on the research you perform that will serve as the basis for transaction structures (when and if applicable).

• Five to ten years’ experience in financial institution lending preferably in government guaranteed lending.
• Proficient in document preparation, Microsoft Office, Word, and Excel.
• Strong organizational ability, dedication to quality and attention to detail.
• The ability to manage multiple tasks and deadlines for multiple parties.
• The ability to think quickly in complex situations.
• The ability to solve challenging problems in a fast-paced environment.
• Excellent written and verbal communication skills.
• Ability to work independently with daily tasks.
• Strong interpersonal skills, with the ability to work well in a team environment.

• Follow Stone Bank’s Mission Statement to “Do Things Right.”
• Approach all tasks with a sense of urgency.
• Prepare various loan documents, working closely with loan operations and the SBA group.
• Handle all exceptions for designated lenders.
• Work with appraisers, title companies, flood determination companies and other third‑party vendors.
• Search UCC liens and make UCC filings in several states.
• Draft correspondence to customers.
• Maintain and organize files with large amounts of data.
• Communicate with customers and potential customers.
• Assist with maintaining the integrity of the loan files.
• Maintain knowledge of Board‑approved loan policy and regulations pertaining to lending.
• Work with the USDA group on gathering and assembling pre‑loan closing documents utilizing the required loan checklist and reviewing the printed documents for closing in a timely manner as prescribed by the lenders.
• Ensure all required loan documents are ready for closing.
• Perform post‑loan closing review of documents for signatures; ensure all documents are in the packet using loan checklist, forward the documents to Loan Operations in a timely manner.
• Prepare reports as directed.
• Review new laws and regulations that influence lending within the Bank.
• Courier documents when needed.
• Follow the bank’s policies, procedures, and standards.
• Maintain spreadsheets as needed.
• Pay invoices via check/wire.
• Other duties as assigned by supervisor.

• Competitive salary and performance‑based incentives.
• Health, dental, and vision insurance offered.
• 401(k) with company match
• Paid time off and holidays
• Opportunities for professional development and SBA training.

Note:

This job description is intended to provide a general overview of the position. Duties and responsibilities may change based on business needs.