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Job Description Summary

Evaluate, authorize, or recommend approval of commercial, real estate, or credit loans. Advise borrowers on financial status and payment methods. Includes mortgage loan officers and agents, collection analysts, loan servicing officers, and loan underwriters.

Job Description

Job Summary

Under limited supervision, uses specialized knowledge and skills obtained through training and experience to process small business loans and prepare settlement documents. Resolves or recommends solutions to complex problems. Extensive contact with internal and external customers is required to obtain, clarify or provide facts and information and to identify, research, and resolve problems.

Essential Duties and Responsibilities

+ Obtains required documentation and processes all small business loan packages.

+ Ensures compliance with banking rules and regulations.

+ Inputs loan data into settlement and SBA systems for setup and activation.

+ Coordinates settlements with customers for purchase of SBA loans.

+ Prepares settlement packages for funding.

+ Prepares monthly loan certificate inventory.

+ Processes and posts all SBA loan principal and interest payments.

+ Processes and posts loan payoffs.

+ Balances SBA loan transfer fees.

+ Performs other duties and responsibilities as assigned.

Knowledge of

+ Advanced concepts, practices and procedures of small business loan documentation and processing.

+ Principles of banking and finance.

+ Financial markets and products.

+ SBA Underwriting guidelines and regulations.

+ Federal and State lending laws.

+ Loan software packages.

+ Accounting principles.

Skill in

+ Processing the most complex loan packages.

+ Verifying loan packages and supporting documents.

+ Preparing loan settlement packages.

+ Preparing inventories and reports.

+ Performing advanced loan calculations.

+ Operating standard office equipment and using required software applications, including Microsoft Office.

Ability to

+ Read, interpret, analyze and apply information from loan package documents

+ Interpret and apply policies.

+ Organize, manage and track multiple detailed tasks and assignments with frequently changing priorities in a fast-paced work environment.

+ Communicate effectively, both orally and in writing.

+ Work independently.

+ Establish and maintain effective working relationships.

+ Maintain currency in loan processing policies and procedures.

Education

Bachelor’s: Accounting, Bachelor’s: Economics, Bachelor’s: Finance

Work Experience

General Experience - 7 to 12 months

Certifications

Travel

Less than 25%

Workstyle

Resident

At Raymond James our associates use five guiding behaviors (Develop, Collaborate, Decide, Deliver, Improve) to deliver on the firm's core values of client-first, integrity, independence and a conservative, long-term view.

We expect our associates at all levels to:

• Grow professionally and inspire others to do the same

• Work with and through others to achieve desired outcomes

• Make prompt, pragmatic choices and act with the client in mind

• Take ownership and hold themselves and others accountable for delivering results that matter

• Contribute to the continuous evolution of the firm

At Raymond James – as part of our people-first culture, we honor, value, and respect the uniqueness, experiences, and backgrounds of all of our Associates. When associates bring their best authentic selves, our organization, clients, and communities thrive. The Company is an equal opportunity employer and makes all employment decisions on the basis of merit and business needs.

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