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 Apply Job!