Job Type: Full Time
Location: Philadelphia, PA
Department: SBA Lending
Job Description
Position Summary:
Responsible for performing various duties to support the SBA Lending Department; coordinating work within the department, as well as with other departments; complying with operating policies and procedures established for this position. Reporting pertinent information to the immediate supervisor; responding to inquiries or requests for information.
Qualifications Required:
Bachelor’s degree in Finance or related field; or equivalent work experience
Minimum 1 year of banking experience
Ability to work in a team environment
Strong computer skills (MS Office, etc.)
High degree of attention to detail and ability to multitask
Working knowledge of SBA regulations
Working knowledge of Bank’s tickler system preferred
Proficient knowledge of SBA’s SOP
Essential functions and responsibilities:
Assists in activities to finalize the SBA loan settlements to meet critical deadlines
Coordinates closing date and location between, Lender and Closing Agent
Gathers and reviews all information for completion of settlement documents, charges and instructions from documentation provided in file
Responsible for monitoring pipeline in order to ensure timely disclosures and preparation of all closing documentation
Reviews title report
Inputs accurate closing information in Etran
Assists with the preparation and reviews Loan Estimate and other disclosures for accuracy and compliance, prior to closing
Responsible for any post-closing changes to the Closing Disclosure
Responsible to send loan documents to title company
Responsible to set up wires to closing agent
Assist with the preparation of loan files for post-closing
Works with title company for any outstanding issues
Reviews credit reports, property searches, flood certification and appraisals
Coordinates with maintaining insurance ticklers
Demonstrates and promotes Meridian Bank’s Core Values: Our Partners, Our People, Our Bank and Our Communities
Coordinates specific work tasks with other employees within the department as well as with other departments in order to ensure the smooth and efficient flow of information
Abides by the current laws and organizational policies and procedures designed and implemented to promote an environment which is free of harassment and other forms of illegal discriminatory behavior in the work place
Communicates with management and coworkers in order to integrate goals and activities
Cooperates with, participates in, and supports the adherence to all internal policies, procedures, and practices in support of risk management and overall safety and soundness and the Bank’s compliance with all regulatory requirements, e.g. Community Reinvestment Act (CRA), Bank Secrecy Act (BSA), Equal Credit Opportunity Act, etc.
Other duties as assigned
Success factors/job competencies:
Organizational and time management skills
Ability to work with little or no supervision
Excellent interpersonal and communication skills (verbal and written)
Timely and regular attendance
Completes work in a timely manner
Actively seek coaching
Physical demands, work environment, and location:
Physical Demands: The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the necessary functions. This is a largely sedentary role, requiring the use of typical office equipment such as a computer, laptop and cell phone. Most work is completed in an office environment.
Work environment: The noise level in this environment is minimal
Location: Various Meridian Bank locations as assigned.
Equal Opportunity Statement
Meridian Bank supports a diverse workforce and is an Equal Opportunity Employer
Performance standards:
Annual review
