Regions Bank
SBA Closing Specialist- CBG Operations
Regions Bank, Charlotte, North Carolina, United States, 28245
Thank you for your interest in a career at Regions. At Regions, we believe associates deserve more than just a job. We believe in offering performance‑driven individuals a place where they can build a career — a place to expect more opportunities. If you are focused on results, dedicated to quality, strength and integrity, and possess the drive to succeed, then we are your employer of choice.
Regions is dedicated to taking appropriate steps to safeguard and protect private and personally identifiable information you submit. The information that you submit will be collected and reviewed by associates, consultants, and vendors of Regions in order to evaluate your qualifications and experience for job opportunities and will not be used for marketing purposes, sold, or shared outside of Regions unless required by law. Such information will be stored in accordance with regulatory requirements and in conjunction with Regions’ Retention Schedule for a minimum of three years. You may review, modify, or update your information by visiting and logging into the careers section of the system.
Job Description At Regions, the SBA Closing Specialist is responsible for managing the loan processing/closing process, from loan approval through booking and funding for SBA 7(a), Express, and 504 government‑guaranteed loans. This includes working directly with and leading the coordination of SBA client borrowers, SBA Specialist, Assistants, internal staff, closing attorney firm, and applicable third parties (e.g., insurance companies) as required. The scope includes the collection, review, and approval of required documents, in addition to performing searches, preparing flood review packages, overseeing collateral perfection, and confirming satisfaction of equity requirements. The specialist will be responsible for resolving any issues that come up during the closing process.
Primary Responsibilities
Review approved loan packages received from Underwriting to ensure critical components have been provided by the lending officer for the documentation process.
Set up third‑party engagements commensurate with credit approval, including but not limited to attorneys, real estate and business appraisers, etc.
Submit applications through the appropriate SBA systems (ETran and SBA One) for guaranty authorizations.
Prepare various loan documents for closing.
Confirm satisfaction of loan approval terms and equity requirements prior to closing.
Independently monitor loan packages throughout the process to identify potential risks related to the effective and efficient processing of the loan and to protect the Bank’s interests.
Maintain currency with SBA SOP requirements, procedures, and changes.
Requirements
High School Diploma or GED.
Two (2) years of SBA closing experience and knowledge of SBA loan program requirements or equivalent work experience.
Intermediate commercial credit knowledge including loan closing, legal documentation, construction financing, and exceptions.
Proficiency in reviewing insurance, title work, surveys, collateral, lien filings, appraisals, construction due diligence, and environmental reports.
Experience working with commercial sales associates, underwriters, paralenders, insurance firms, and attorneys.
Proficiency in use of computers, Microsoft Office (Excel, Word, Outlook).
Experience with commercial loan systems.
Preferences
Specialized training in title, real estate, government programs (SBA), and specialized lending programs.
Experience with nCino and/or related Salesforce platforms.
Experience with SBA systems (ETran, SBA One, TSOFT).
Experience with LaserPro.
Bachelor’s degree or certification as a paralegal.
Skills And Competencies
Demonstrated effective verbal and written communication skills for the purpose of explaining the loan closing process, exceptions and associated legal documentation to internal/external clients and appropriate counsel.
Strong communication and interpersonal skills.
Strong organizational skills and the ability to handle multiple tasks under tight time constraints.
Position Type Full time
Compensation Details Minimum
Job Range Target:
$50,500.00 USD Median
$63,620.00 USD This job is not incentive eligible.
Benefits Information
Paid Vacation/Sick Time
401K with Company Match
Medical, Dental and Vision Benefits
Disability Benefits
Health Savings Account
Flexible Spending Account
Life Insurance
Parental Leave
Employee Assistance Program
Associate Volunteer Program
To learn more about Regions’ benefits, please copy the link below to your browser. https://www.regions.com/about-regions/welcome-portal/benefits
Location Details Riverchase Complex North Building Hoover, Alabama
Equal Opportunity Employer/including Disabled/Veterans Positions are opened and closed on a rolling basis. Job postings may remain active for longer than the minimum period due to business need and may be closed at any time thereafter at the discretion of the company.
Job Details
Seniority level: Not Applicable
Employment type: Full‑time
Job function: Finance and Sales
Industries: Banking
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Regions is dedicated to taking appropriate steps to safeguard and protect private and personally identifiable information you submit. The information that you submit will be collected and reviewed by associates, consultants, and vendors of Regions in order to evaluate your qualifications and experience for job opportunities and will not be used for marketing purposes, sold, or shared outside of Regions unless required by law. Such information will be stored in accordance with regulatory requirements and in conjunction with Regions’ Retention Schedule for a minimum of three years. You may review, modify, or update your information by visiting and logging into the careers section of the system.
Job Description At Regions, the SBA Closing Specialist is responsible for managing the loan processing/closing process, from loan approval through booking and funding for SBA 7(a), Express, and 504 government‑guaranteed loans. This includes working directly with and leading the coordination of SBA client borrowers, SBA Specialist, Assistants, internal staff, closing attorney firm, and applicable third parties (e.g., insurance companies) as required. The scope includes the collection, review, and approval of required documents, in addition to performing searches, preparing flood review packages, overseeing collateral perfection, and confirming satisfaction of equity requirements. The specialist will be responsible for resolving any issues that come up during the closing process.
Primary Responsibilities
Review approved loan packages received from Underwriting to ensure critical components have been provided by the lending officer for the documentation process.
Set up third‑party engagements commensurate with credit approval, including but not limited to attorneys, real estate and business appraisers, etc.
Submit applications through the appropriate SBA systems (ETran and SBA One) for guaranty authorizations.
Prepare various loan documents for closing.
Confirm satisfaction of loan approval terms and equity requirements prior to closing.
Independently monitor loan packages throughout the process to identify potential risks related to the effective and efficient processing of the loan and to protect the Bank’s interests.
Maintain currency with SBA SOP requirements, procedures, and changes.
Requirements
High School Diploma or GED.
Two (2) years of SBA closing experience and knowledge of SBA loan program requirements or equivalent work experience.
Intermediate commercial credit knowledge including loan closing, legal documentation, construction financing, and exceptions.
Proficiency in reviewing insurance, title work, surveys, collateral, lien filings, appraisals, construction due diligence, and environmental reports.
Experience working with commercial sales associates, underwriters, paralenders, insurance firms, and attorneys.
Proficiency in use of computers, Microsoft Office (Excel, Word, Outlook).
Experience with commercial loan systems.
Preferences
Specialized training in title, real estate, government programs (SBA), and specialized lending programs.
Experience with nCino and/or related Salesforce platforms.
Experience with SBA systems (ETran, SBA One, TSOFT).
Experience with LaserPro.
Bachelor’s degree or certification as a paralegal.
Skills And Competencies
Demonstrated effective verbal and written communication skills for the purpose of explaining the loan closing process, exceptions and associated legal documentation to internal/external clients and appropriate counsel.
Strong communication and interpersonal skills.
Strong organizational skills and the ability to handle multiple tasks under tight time constraints.
Position Type Full time
Compensation Details Minimum
Job Range Target:
$50,500.00 USD Median
$63,620.00 USD This job is not incentive eligible.
Benefits Information
Paid Vacation/Sick Time
401K with Company Match
Medical, Dental and Vision Benefits
Disability Benefits
Health Savings Account
Flexible Spending Account
Life Insurance
Parental Leave
Employee Assistance Program
Associate Volunteer Program
To learn more about Regions’ benefits, please copy the link below to your browser. https://www.regions.com/about-regions/welcome-portal/benefits
Location Details Riverchase Complex North Building Hoover, Alabama
Equal Opportunity Employer/including Disabled/Veterans Positions are opened and closed on a rolling basis. Job postings may remain active for longer than the minimum period due to business need and may be closed at any time thereafter at the discretion of the company.
Job Details
Seniority level: Not Applicable
Employment type: Full‑time
Job function: Finance and Sales
Industries: Banking
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