SBA Closing Associate - Charlotte, NC

Primary Office Location:

Join our team. Make a difference - for us and for your future.

Position Title: SBA Closing Associate

Business Unit: Commercial Banking

Reports to: SBA Closing Manager

Position Overview:

This position is primarily responsible for serving as the internal and external liaison between Small Business Administration (SBA), the Bank, third party vendors, attorneys and customers related to all loan closing issues.  The incumbent serves as the checks and balances of the closing function for the SBA Lending group.  The incumbent prepares and monitors a loan exception report in addition to other operational duties of the SBA Lending group.

Primary Responsibilities:

Prepares legal and credit files and assists the SBA Closer 1 and SBA Closer 2 positions with administrative functions.

Inputs all SBA and USDA Loans into various systems utilized by the SBA Lending group.

Confirms all SBA loans have been boarded and booked correctly.

Handles Third Party Fee Tracking and Third Party Fee GL reconciliations.

Is responsible for proper imaging of documentation in the Bank and SBA systems.

Maintains tickler system for Deeds, Titles, Uniform Commercial Code (UCC), Insurances, Financial Statements, etc. to support Portfolio Manager functions.  Identifies and tracks documentation exceptions for the initial 90 days of each loan.

Conducts post closing lien searches either coordinating with the closing attorney or performing the searches in-house.  Conducts post closing audits on all new loans to insure accuracy of loan documentation, lien positions, etc.

Insures payment of SBA Guaranty Fee in the SBA required time frame.

Evaluates third party vendor documentation such as UCC and lien searches and flood searches.

Performs other related duties and projects as assigned.

All employees have the responsibility and the accountability to serve as risk managers for their businesses by understanding, reporting, responding to, managing and monitoring the risk they encounter daily as required by F.N.B. Corporation’s risk management program.

F.N.B. Corporation is committed to achieving superior levels of compliance by adhering to regulatory laws and guidelines.  Compliance with regulatory laws and company procedures is a required component of all position descriptions.

Minimum Level of Education Required to Perform the Primary Responsibilities of this Position:

High School or GED

Minimum # of Years of Job Related Experience Required to Perform the Primary Responsibilities of this Position:

1

Skills Required to Perform the Primary Responsibilities of this Position:

Excellent communication skills, both written and verbal   

Excellent organizational, analytical and interpersonal skills   

Detail-oriented   

Ability to work and multi-task in a fast paced environment   

Ability to use general office equipment   

Ability to use a personal computer and job-related software    

MS Word - Intermediate Level   

MS Excel - Intermediate Level   

2 years prior experience in a related field.  Paralegal training and/or experience a plus.

Licensures/Certifications Required to Perform the Primary Responsibilities of this Position:

N/A   

Physical Requirements or Work Conditions Beyond Traditional Office Work:

N/A   

Equal Employment Opportunity (EEO):

It is the policy of F.N.B. Corporation (FNB) and its affiliates not to discriminate against any employee or applicant for employment because of age, race, color, religion, sex, national origin, disability, veteran status or any other category protected by law. It is also the policy of FNB and its affiliates to employ and advance in employment all persons regardless of their status as individuals with disabilities or veterans, and to base all employment decisions only on valid job requirements. FNB provides all applicants and employees a discrimination and harassment free workplace.

FNB will not provide sponsorship for employment-based visas for this position; only candidates who are legally authorized to work in the U.S. will be considered.