TD Bank SBA Loan Specialist I (US) in Mount Laurel, New Jersey
SBA Loan Specialist I (US)
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TD Bank, America's Most Convenient Bank, is one of the 10 largest banks in the U.S., providing more than 8 million customers with a full range of retail, small business and commercial banking products and services at approximately 1,300 convenient locations throughout the Northeast, Mid-Atlantic, Metro D.C., the Carolinas and Florida. In addition, TD Bank and its subsidiaries offer customized private banking and wealth management services through TD Wealth®, and vehicle financing and dealer commercial services through TD Auto Finance. TD Bank is headquartered in Cherry Hill, N.J. To learn more, visit www.tdbank.com. Find TD Bank on Facebook at www.facebook.com/TDBank and on Twitter at www.twitter.com/TDBank_US .
TD Bank, America's Most Convenient Bank, is a member of TD Bank Group and a subsidiary of The Toronto-Dominion Bank of Toronto, Canada, a top 10 financial services company in North America. The Toronto-Dominion Bank trades on the New York and Toronto stock exchanges under the ticker symbol "TD". To learn more, visit www.td.com .
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The SBA Loan Specialist I is responsible for assisting the SBA loan origination department in accordance with Bank policies, procedures, and regulatory requirements, as well as the Standard Operating Procedures of the US Small Business Administration. The job requires the ability to train in loan closing requirements, with an interest in researching and applying the requirements of the SBA standards and credit policy.
4-year degree or equivalent experience preferred
Knowledge of commercial loan closing
Ability to build a working knowledge of SBA, federal and state regulations and UCC and banking regulations
Excellent documentation skills
Excellent knowledge of Banking Systems
Strong verbal and written communication skills
Strong PC skills including Word, Excel, Access and other Microsoft products
- Must be eligible for employment under regulatory standards applicable to the position.
Provides support and assistance to the SBA Loan Closing Department by collecting transactional documentation, processing loan disbursements, uploading information to electronic systems of record, etc.
Responsible for obtaining the weekly departmental exception report, collecting the information necessary to clear the exceptions and follows through to resolution
Researches within SBA Standard Operating Procedures and credit policy and applies findings to various transactional situations, adhering to both SBA eligibility and bank policy
Reviews submitted documentation submitted to support lending transactions
Orders searches and other required due diligence, as needed
Serves as a SBA point of contact to support departments
Works toward independently processing loan disbursements, ensuring all documentation is policy-compliant and adheres to SBA guidelines
Assists in obtaining information needed for loan requirements checklist
Establishes and maintains relationships, as applicable, with Business Development Officers, Credit Management, operations teams and others, as needed
May act as liaison with Bank Counsel, Compliance Dept, CREA, and other various parties to the loans, as needed
May assist with collection of all required loan conditions (insurance, collateral, etc.), ensuring that they are sufficient and properly documented in compliance with Bank policy
Ensures deadlines are met
Assists with upload of complete and accurate loan documentation; may follow up for missing information; addresses any exceptions
Partners with Closing Specialist team to ensure that documents are uploaded so that transactions are funded and booked accurately and timely
Participates in special projects and performs duties, as required
At TD, we are committed to fostering an inclusive, accessible environment, where all employees and customers feel valued, respected and supported. We are dedicated to building a workforce that reflects the diversity of our customers and communities in which we live in and serve, and creating an environment where every employee has the opportunity to reach their potential.
If you are a candidate with a disability and need an accommodation to complete the application process, email the TD Bank US Workplace Accommodations Program at USWAPTDO@td.com . Include your full name, best way to reach you, and the accommodation needed to assist you with the application process.
EOE/Minorities/Females/Veterans/Individuals with Disabilities/Sexual Orientation/Gender Identity.
New Jersey, South Carolina
Greenville, Mount Laurel
Greenville Campus Building A - 200 Carolina Point Parkway, Mt Laurel - 6000 Atrium Way
TD Bank AMCB
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