SBA Loan Administrator Support-RemoteApply Now
- Requisition # 10054272-WD
- Job Type Full time
- Date Posted 07/12/2022
- Location New Mexico - Remote Worker
Your potential. Your opportunity.
Do you want your voice heard and your actions to count?
Discover your opportunity with Mitsubishi UFJ Financial Group (MUFG), the 5th largest financial group in the world. Across the globe, we’re 180,000 colleagues, striving to make a difference for every client, organization, and community we serve. We stand for our values, building long-term relationships, serving society, and fostering shared and sustainable growth for a better world.
With a vision to be the world’s most trusted financial group, it’s part of our culture to put people first, listen to new and diverse ideas and collaborate toward greater innovation, speed and agility. This means investing in talent, technologies, and tools that empower you to own your career.
Join MUFG, where being inspired is expected and making a meaningful impact is rewarded.This is a remote position. A member of our recruitment team will discuss location preferences with you in more detail.
Provide loan administration services for moderate to complex permanent commercial real estate loans and/or commercial business loans depending on department.
Management or Supervision:
60% Documentation Preparation: Job responsibilities include review of credit approval and due diligence items and loan documentation preparation to ensure transaction complies with SBA SOP, Bank policy and procedures and governing regulations. Act as key liaison with account officers, borrowers, title company representatives and attorneys. Ensure protection of the Banks interest while working with account officers to provide a high level of customer service. Ensure loan documentation complies with Banks and SBA operational requirements and can be serviced on Banks system of record.
25% Loan Closing Review of executed loan documents to determine they have been properly signed, initialed and/or notarized. Establish construction line item budget on Banks budget monitoring system. Prepare closing instructions and transmission of loan documents for recording to title/escrow. Determine that all pre-closing requirements and exceptions are satisfied or appropriate waivers are obtained. Preparation or coordination of applicable SBA loan documents for filing/recording, funding and boarding of loan onto Banks system of record within required timeframes.
15% Miscellaneous Duties as assigned by management
Education, Licensure, Year of Experience (and type of work experience):
Must have high school diploma or equivalent; minimum 2 year SBA Loan Administration Experience and knowledge of NGGL Government loan processes.
Knowledge, Skills, Abilities:
Knowledge of SBA SOP commercial real estate Loan Administration
We are proud to be an Equal Opportunity/Affirmative Action Employer and committed to leveraging the diverse backgrounds, perspectives and experience of our workforce to create opportunities for our colleagues and our business. We do not discriminate on the basis of race, color, national origin, religion, gender expression, gender identity, sex, age, ancestry, marital status, protected veteran and military status, disability, medical condition, sexual orientation, genetic information, or any other status of an individual or that individual’s associates or relatives that is protected under applicable federal, state, or local law.#LI-Remote