Junior Closing Specialist

Committed to DEI&B - Mogul Diversity Badge, 2022

Great Place to Work Certified, August 2022 - August 2023 USA

Overview

SmartBiz is on a mission to transform small business banking. SmartBiz is the leading technology-powered small business financing platform equipping entrepreneurs with access to the right capital at the right time. To date, we've connected borrowers with more than $9 billion in funding while increasing efficiency for our network of banks and trusted lending partners. More than 230,000 entrepreneurs have utilized our platform to access the funding they need to grow, with 60%+ of loans made to minority, women, or veteran-owned businesses.

Position Overview:

The Junior Closing Specialist reports directly to the Closing Department Manager. The primary duties are performing key searches in the approval process that inform decision-making, minimizing risks and ensuring the loan approval aligns with regulatory and internal standards. Searches include but are not limited to ETRAN through the SBA SBA Capital Access Financial System (CAFS), collateral searches (real estate & vehicle title searches, valuations) and lien filings, background checks and public record searches (OFAC, SAM, CAIVRS, CLEAR) and site inspection. They are also responsible for supporting other administrative tasks that support loan closing activities pre and post funding.

The ideal candidate is detail oriented, organized, and is able to work in a high volume role, in addition to the flexibility of working in multiple softwares. As part of the Closing Team, you will deliver strong results against success KPIs.

How You Will Make An Impact:

• Perform key loan support actions at scale and speed while maintaining a high level of attention to detail

• Continually identify ways to improve efficiency

Deliverables You Will Be Measured On:

• Effectively and quickly with accuracy, respond to internal requests for various searches and upload the search results for review and file retention

• Order and collect documentation such as, but not limited to, site inspections, title searches, UCC searches, ETRAN scoring and ETRAN compliance checks.

• Submits application to CAFS for ETRAN Scoring and ETRAN Compliance checks

• The Jr Closer is responsible for making sure that all items from the pre-closer checklist are uploaded to the bank's internal system

What We Are Looking For:

• 2+ years work experience

• Detail-oriented and highly organized

• Ability to multitask and prioritize in a fast-paced environment

• Comfortable working with Macs, and familiar with Salesforce

• Proficient with SBA specific software and websites preferred

• Results-oriented and comfortable tracking and being measured against KPIs

• Passion for small business lending

• You want to be a part of building something special!

Opportunities & Benefits We Will Provide:

• Help redefine small business banking

• Competitive salary and equity in a fast-growing start-up

• 100% paid medical, dental, and vision benefits for employees and their domestic partners and dependents

• 100% paid life and disability insurance

• Flexible vacation policy

• 401k plan

More About SmartBiz:

• 60% + of the loans funded by our banks are for women-owned, minority, or veteran businesses

• Great Place to Work Certified, August 2022 - September 2024 USA

• Committed to DEI&B - Mogul Diversity Badge, 2022

• 2021 Top Small Business Lending Platform Award by LendIt Fintech

• American Banker's Best Places to Work in Financial Technology in 2017, 2020, 2021, 2022, and 2023

• Rated "excellent" by TrustPilot review website

• The company has raised $47 million in venture funding. Investors include Venrock, Investor Growth Capital, and First Round Capital.

SmartBiz Loans is an Equal Opportunity employer and proud to provide equal employment opportunity to all job seekers without regard to any status protected by applicable law.

California residents can learn more about how we use your information by visiting https://sites.google.com/view/smartbizloans-employment-ccpa