Min: USD $35.36/Hr. Max: USD $47.15/Hr. Job Summary:
The Senior SBA Loan Coordinator is responsible for managing and supporting all aspects of the Small Business Administration (SBA) loan process from application through closing and funding. This role serves as a key liaison between borrowers, underwriters, loan officers, closing teams, and SBA departments to ensure smooth, accurate, and compliant processing of 7(a) and 504 loan transactions. The Senior Coordinator also provides mentoring, process oversight, and leadership to SBA Specialists, ensuring adherence to SBA SOPs and internal bank policies.
WaFd Bank is proud of the high value that we all place on simply being kind when serving our co-workers and clients.
ESSENTIAL DUTIES AND RESPONSIBILITIES include the following. Other duties may be assigned:
-
Serve as the subject matter expert on SBA loan documentation, eligibility, application packaging, and compliance requirements.
-
Coordinate and manage the end-to-end loan process for SBA 7(a) and 504 loans, including file intake, eligibility analysis, underwriting coordination, and closing preparation.
-
Review and validate borrower documentation to ensure it meets SBA guidelines prior to submission to underwriting.
-
Work with loan officers and underwriters to gather required documents and respond to credit and SBA queries.
-
Prepare and review SBA loan application packages, including E-Tran submission, and track approvals.
-
Oversee the collection and verification of all post-approval conditions prior to closing and funding.
-
Collaborate with internal and external partners (borrowers, attorneys, title companies, and SBA representatives) to coordinate loan closings.
-
Ensure complete and compliant loan files are maintained in accordance with bank and SBA record retention policies.
-
Provide training and guidance to other SBA Specialists.
-
Stay current on changes in SBA SOPs, regulatory guidance, and industry trends.
-
Adhere to bank policies and procedures designed to comply with Federal regulations, including but not limited to the Bank Secrecy Act, USA Patriot Act, and OFAC regulations.
- Avoid all real or perceived conflicts of interest and always maintain client privacy and confidentiality.
-
Perform other job duties as assigned.
-
Support audits, reviews, and reporting as needed.
Qualifications:
JOB EVALUATION FACTORS:
-
Bachelor’s degree in business, finance, accounting, or related field preferred.
-
Minimum of 5 years of experience in SBA lending or loan coordination, including extensive experience with SBA 7(a) and/or 504 loan programs.
-
Strong knowledge of the current SBA SOP and SBA E-Tran systems.
-
Experience with loan origination systems (e.g., LaserPro, nCino, or similar) is preferred.
Skills/Knowledge/Abilities:
-
Effective Communication - Facilitate consistent and clear communication between clients and internal teams to ensure seamless operations.
-
Problem Resolution - Handle complex quality control issues and situations, providing solutions that align with policy and regulatory requirements.
-
Regulatory Compliance - Follow established processes and standards to comply with relevant regulations and company policies.
-
Attention to Detail - Must have good typing and clerical skills, as well as accuracy and attention to detail.
-
Must be proficient with Microsoft Office applications (primarily Word, Excel and PowerPoint)
-
Organized and efficient – must be able to prioritize work assignments in a consistent manner to ensure timely and efficient production.
Benefits:
At WaFd Bank you get all of these great benefits!
-
Paid time off for vacation, sick days and holidays
-
Health insurance
-
Stock options
-
Bonus programs
-
401(k) plan
-
Paid Parental Leave
-
Life and AD&D insurance
-
Long-term disability
-
Tuition Reimbursement
-
Employee assistance programs
-
Pre-tax health and dependent-care spending plans
WaFd Bank Benefits Summary - Click here for more information
EEO Statement:
We are committed to Equal Employment Opportunity and Affirmative Action. We recruit, hire, train and promote persons in all job titles and ensure that all other personnel actions are administered without regard to race, color, religion, sex, sexual orientation, gender identity, military and/or veteran status, or disability in accordance with Executive Order 11246, Section 503 of the Rehabilitation Act of 1973, as amended, and the Vietnam Era Veterans Readjustment Assistance Act of 1974, which require affirmative action to ensure equal opportunity in all aspects of employment. WaFd Bank does not discriminate on the basis of national origin or citizenship status as provided under the Immigration Reform and Control Act of 1986, or any other Federal or State legally-protected classes. WaFd Bank is committed to providing reasonable accommodations to employees and applicants with disabilities to the full extent required by the Americans with Disabilities Act (ADA). If you feel you need a reasonable accommodation pursuant to the ADA, you are encouraged to contact us at 800.324.9375
EEO Policy Statement - WaFd Bank
Know Your Rights: Workplace Discrimination is Illegal - click here for more information
California Consumer Privacy Act 2026
