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Paradise Bank is an equal opportunity employer serving communities in Palm Beach County and Broward County, Florida. We encourage employee growth and development, training opportunities, and a friendly work environment. We offer a competitive wage plus full time benefit packages.

Loan Operations Specialist - Boca Raton Headquarters

Daily responsibilities include:

• Processing customers SBA loan payments
• Verifying proper splits in payments between the bank's portion and the SBA portion
• Responding to customer questions as they arise

Monthly responsibilities include:

• Preparing SBA Form 1502 and remitting funds to selected service provider
• Verifying life insurance collateral assignments as the policies come due for renewal
• Close SBA 7A loans to include:
• Review of loan approvals
• Engaging bank attorneys
• Equity injection verification
• Working with attorneys to develop and maintain closing checklists
• Communicating with the Loan Officer, Credit Analyst and Borrower through the closing process
• Identifying potential situations that may conflict with SBA lending guidelines
• Reviewing attorney prepared documents prior to closing
• Wiring SBA guaranty fees to service provider
• Booking SBA loans into Jack Henry software and verifying accuracy the following day

General responsibilities include:

• Assisting in servicing and maintenance of items as needed
• Assistance in insurance monitoring 
• Assisting in month-end reporting and procedures as needed

Minimum experience:

• 3+ years of SBA loan operations experience required

Please note that we do not work with staffing firms. Applications will only be considered in submission through this website. Please do not call our company directly for application or status of your application.