SBA Loan Packager I

Job Details

First Internet Bank of Indiana Fishers - Fishers, IN

About the Position:

As the SBA Loan Packager I, you will be responsible for ensuring accurate and timely review of SBA loan transactions, producing loan documents, and assisting in the collection of items needed for loan closings. You will also coordinate with customers and all internal units involved in the SBA loan processing process. In addition, you will also be responsible for remaining current on SBA Standard Operating Procedures, compliance with all Bank policies and procedures, and applicable state and federal banking regulations.

What You Will Do:

Review loan application files to verify that application data is complete, accurate, and meets standards established by loan policy and SBA guidelines

Prepare the SBA submission package and ensure all submission items have been obtained and are current

Work closely with all parties to assist in timely processing, credit approval, and closing of new loan requests

Order appraisals, appraisal reviews, environmental reports, and any other related reports and documents necessary for the evaluation of the collateral and underwriting of the loan; responsible for managing completion dates and coordinating resolution of quality issues

Manage process for, but not limited to, the following: business and personal credit reports, Tax Transcripts, and OFAC checks

Request SBA loan approval through E-Tran or other means

Approve and manage third party paid referral sources

Perform E-Tran request to the SBA to obtain a Preferred Lending Program (PLP) or General Processing (GP) loan numbers

Ensure commitment letters have been returned and the third-party report deposit has been received

Learn and understand the SBA requirements for SBA eligibility according to the most recent Standard Operating Procedures (SOP) as published by the SBA

Assist in ensuring an updated pipeline report

Review for errors and prepare recommendations to correct errors that could potentially put the Bank at risk for losing an SBA guaranty or obtaining penalties

Remain current on pending and proposed regulatory changes affecting compliance and SOP with SBA

Perform other duties as assigned

What We’re Looking For:

One year of experience processing or closing consumer, mortgage, or commercial loans required

A college degree in business or a paralegal certification is preferred; relevant and commensurate SBA work experience will also be considered

Knowledge of the US SBA lending program helpful

Knowledge of required financial and collateral documentation for various loan types

Excellent written and verbal communication skills

Interpersonal skills to interact positively and effectively with all levels of employees, management, and third parties

Demonstrated ability to complete work in a timely, efficient manner with impeccable accuracy

Self-starter that is able to work independently and as part of a team

Ability to identify issues and opportunities and explore solutions

Ability to meet strict timelines and service level agreements

Strong PC skills required along with an ability to quickly learn new systems

Working Conditions/Demands:

Professional office setting.

Primarily sedentary position requiring long periods of time working at a computer.

Must be able to move throughout the office and buildings to obtain or relay information.

Must be able to perform the essential functions of the position with or without reasonable accommodation.

Who Are We?

We’re not just another bank and we’re not looking for just another employee. Since 1999, First Internet Bank has been dedicated to finding a better way to bank and doing things that have never been done before. Yes, we really were the first state-charted, FDIC insured bank to operate entirely online and we have been leading the way ever since.

We seek the game changers, the innovators…those who challenge the status quo because change really is the only constant. Ready to join a team of imaginative, driven individuals like you? It’s your career, you deserve to imagine more. Keep reading, we think you will like you what see.

Why Join Us?

Our success has been driven, in part, by four core competencies – customer focus, teamwork, adaptability and initiative. Collectively they define our actions and are at the heart of all we do. As a result, we’ve been fortunate to have been named numerous times as an Indianapolis Star Top Workplace and one of the Best Banks to Work For! Headquartered in downtown Fishers, our newly-built, state-of-the-art 175,000 square foot facility headquarters was designed with our team in mind and features an 18,000 square foot open air deck named “The Backyard”, with fire pits, covered pergola, waterfall and foliage to create a momentary escape from the work day. Beyond that, the onsite fitness center with the latest equipment and ergonomically-designed workstations help promote health and wellness. Have we mentioned free snacks, soft drinks and beer available on tap? Want more? How about unlimited volunteer time off and social events to bring us all together to have some more. Why just imagine more, take the “first” step and apply today.

Our benefits package includes the following and so much more:

Medical Dental, Vision Insurance

401(k) Retirement Plan with Generous Match

Professional Development Reimbursement

3 Weeks Paid Vacation Plus Paid Holidays

Paid Volunteer Time

Business Apparel Allowance

Equal Opportunity Employer - Women, Minorities, Veterans and Individuals with Disabilities

If you are a California resident, you may be entitled to certain rights regarding your personal information. Additional information about our data collection practices and location specific notices is available on our privacy policy. Click here to read more.

The contractor will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the contractor’s legal duty to furnish information. 41 CFR 60-1.35(c). Click here to read more.