Commercial Loan AdministratorThe Commercial Loan Administrator performs loan administration work including ordering third party reports, document review, system of record maintenance, and resolving client loan and deposit issues. This job elevates reporting issues to management and consistently works to maintain the accuracy of the company's commercial loan management system.Key Responsibilities and Duties
Develops and organizes loan applicant information for review and analysis by loan officers and inputs pertinent loan data into credit delivery system.
Assists with the closing of loans by preparing loan closing documents and related materials as directed.
Orders and tracks status of all title work from title companies, appraisals, and flood determinations.
Assists in maintaining and monitoring borrower's required insurance, loan reporting requirements and covenants.
Prepares documents and correspondence for reports as required, following approved policies and procedures.
Educational Requirements
University (Degree) Preferred
Work Experience
3+ Years Required; 5+ Years Preferred
Physical Requirements
Physical Requirements: Sedentary Work
Career Level7ICThis position will be for an SBA Loan Administrator. Additional key responsibilities include:
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
Manage process for, but not limited to, the following: flood certifications, business and personal credit reports, 4506 Tax Transcripts, and OFAC checks
Request SBA loan approval through E-Tran or other means
Process and track clearance of SBA Form forms
Perform E-Tran request to the SBA to obtain a Preferred Lending Program (PLP) loan number
Understand the SBA requirements for SBA eligibility according to the most recent Standard Operating Procedures (SOP) as published by the SBA
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
Preferred Qualifications
5+ years of SBA loan administration/processing experience
Ability to work in a high volume/high production environment
Proficient in Microsoft Office suite.
Demonstrated ability to provide high-level of customer service with a pro-active approach to problem solving.
Strong organizational, verbal, and written communication skills.
Good analytical skills and high level of attention to detail.
Ability to multi-task and reprioritize tasks throughout the day to ensure deadlines are met, often working independently.
Posting End Date: 09/23/24#LI-CE1#LI-HYBRIDCompany SummaryEverBank provides nationwide banking services to consumer and commercial clients through a variety of channels, including online and mobile applications, as well as its Florida-based financial centers.VEVRAA Federal ContractorBenefits SummaryEverBank is committed to the well-being of its associates. That's why we offer a comprehensive Total Rewards package commensurate with the position and job-related qualifications, skills and knowledge. EverBank strives to pay wages competitive with those prevailing in our geographic areas and industry.EverBank's Total Rewards package includes superior benefits such as, health, wellness and work life offerings that can help you achieve and maintain your best possible physical, emotional and financial well-being.EverBank prohibits pay discrimination on the basis of any protected characteristic.EverBank may require a background check as a condition of employment. Qualified applicants with arrest and/or conviction records will be considered in accordance with applicable federal, state, and local laws and regulations, including, but not limited to, any laws and regulations specifically pertaining to banks and federal contractors.EverBank seeks priority referrals of protected veterans for jobs at all locations within the state.Pay Range $74,500 - $100,700EEO StatementEverBank, N.A. is an equal opportunity (EEO) employer, dedicated to maintaining a work environment free of bias, harassment, discrimination and retaliation. As an EEO employer, EverBank expressly prohibits discrimination, harassment and retaliation based on protected characteristics such as race, creed, ethnicity, color, age, religion, sex, sex stereotype, pregnancy, sexual orientation, gender, gender identity, gender expression, transgender status, marital status, national origin, ancestry, physical or mental disability, genetic history and information, or military or veteran status. Providing a safe, inclusive environment is a priority at EverBank and, consistent with that mission, EverBank considers all qualified applicants for employment regardless of protected status.Pay Transparency Non-Discrimination ProvisionWe will not discharge or in any other manner discriminate against associates or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another associate or applicant. However, associates who have access to the compensation information of other associates or applicants as a part of their essential job functions cannot disclose the pay of other associates or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by us, or (c) consistent with our legal duty to furnish information. If you believe that you have experienced discrimination, contact OFCCP at 1.800.397.6251. TTY 1.877.889.5627. www.dol.gov/ofccp (https://urldefense.com/v3/http:/www.dol.gov/ofccp;L8-7AA!WETVLfn333rqXNYi0-qITSUktDEWiFnQqvstF1J-gO8B03ANdCf4ucPkrvzeJpXk8bwyTvLqjEa8-JEpoxwcjXaB$) .Machine Readable FilesThe Transparency in Coverage Final Rules require certain group health plans to disclose on a public website information regarding in-network provider rates and historical out-of-network allowed amounts and billed charges for covered items and services in two separate machine-readable files (MRFs). The MRFs for the benefit package options under are linked below:Machine Readable Files (MRFs) - Aetna
