Government Guaranteed Lending Liaison

Summary:
? Hanover Bank is looking for a full-time Government Guaranteed Lending Liaison.
? The position reports directly to the Government Guaranteed Lending Manager.
? The role involves liaising between the customer, Business Development Officer, and Broker while preparing loan files for underwriting and SBA submission.
? The Government Guaranteed Lending Liaison ensures that all necessary items for underwriting and submission are received, reviewed, and uploaded to the bank?s internal system.

Responsibilities: ? Works with Loan Officers/BDOs and Underwriting Department to coordinate SBA loan packaging/origination in conformance with the SBA SOP. ? Makes recommendations for procedural changes to increase efficiency. ? Ensures customer privacy, file security, and appropriate staff access. ? Attends periodic SBA training and completes ABA training requirements. ? Supports customer/broker/borrower with collecting documentation. ? Prepares and sends specific checklists based on loan types. ? Orders third-party reports such as appraisals, business valuations, and IRS tax verification. ? Performs due diligence including Lexis Nexis, SAM, CAIVRS, OFAC, and flood determinations. ? Reviews documents for accuracy and requests updates as necessary. ? Prepares term sheets and collects good faith deposits. ? Manages loan file workflow to ensure proper steps and effective pipeline management. ? Works with Government Guaranteed Lending Assistant to ensure items are ready for SBA submission. ? Works with closers to collect documentation when needed.

Requirements: ? Minimum 2 years of SBA origination experience for commercial loans. ? Bachelor?s degree preferred but not required. ? Knowledge of USDA, SBA 7a, 504, and Express Lines of Credit. ? Knowledge of SBA Standard Operating Procedures. ? Ability to promote a teamwork environment and solve problems independently. ? Effective communication with brokers, borrowers, SBA GGLS Team, and underwriters.

Benefits:
? Medical, dental, and vision benefits, including HSA, FSA, and commuter benefits.
? Company-paid benefits such as life insurance, AD&D, and long-term disability.
? Voluntary benefits including additional life insurance, AD&D insurance, short-term disability, pet insurance, and legal services.
? Supplemental health benefits like accident insurance, hospital indemnity insurance, and cancer care.
? 401(k) with company match.
? Paid personal time off (PTO) and company holidays.
? Annual bonuses and increases.
? Employee events and contests.

Tagged as: Commercial Loans, Financial Services, Loan Origination, SBA Lending, United States

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