SBA Loan Specialist III (US)

TD Description

About TD Bank, America's Most Convenient Bank®

TD Bank, America's Most Convenient Bank, is one of the 10 largest banks in the U.S., providing more than 8 million customers with a full range of retail, small business and commercial banking products and services at approximately 1,300 convenient locations throughout the Northeast, Mid-Atlantic, Metro D.C., the Carolinas and Florida. In addition, TD Bank and its subsidiaries offer customized private banking and wealth management services through TD Wealth®, and vehicle financing and dealer commercial services through TD Auto Finance. TD Bank is headquartered in Cherry Hill, N.J. To learn more, visit Find TD Bank on Facebook at and on Twitter at

TD Bank, America's Most Convenient Bank, is a member of TD Bank Group and a subsidiary of The Toronto-Dominion Bank of Toronto, Canada, a top 10 financial services company in North America. The Toronto-Dominion Bank trades on the New York and Toronto stock exchanges under the ticker symbol "TD". To learn more, visit

Department Overview

The SBA Loan Specialist III is responsible for managing and administering SBA loan origination in accordance with Bank policies, procedures, and regulatory requirements, as well as the Standard Operating Procedures of the US Small Business Administration. The job requires knowledge of SBA loan closing requirements for all loan structures and ability to evaluate and execute with limited guidance.


Job Description

esearches and/or applies experience and knowledge of SBA Standard Operating Procedures to various transactional situations, adhering to both SBA eligibility and bank policy, with the ability to solve scenarios that impact loan structure
Manages a loan pipeline from origination through closing in accordance with Bank policies and procedures, as well as SBA Standard Operating Procedures
Provides documentation and Bank policy and procedure guidance to all lending areas
Reviews and approves searches and other required due diligence
Serves as a SBA resource to support departments
Works independently and handles loans of complex nature, ensuring all documentation is policy compliant and adheres to SBA guidelines
Generates and maintains loan requirements checklist; facilitates documentation from beginning to end of assignment
Establishes and manages relationships, as applicable, with Business Development Officers, Credit Management, operations teams and others, as needed
Acts as liaison with Bank Counsel, Compliance Dept, ABL, Derivatives, CREA, and other various parties to the loans, as needed
Ensures that all required loan conditions (insurance, collateral, etc.) are sufficient and properly documented in compliance with Bank policy
Ensures deadlines are met
Ensures loan documentation is complete and accurate. Addresses any exceptions
Partners with Closing Specialist team to ensure that loans are funded and booked accurately and timely
Participates in special projects and performs duties, as required

Job Requirements

4-year degree or equivalent experience required
3+ years of SBA loan closing experience
Working knowledge of SBA, federal and state regulations and UCC and banking regulations
Excellent documentation skills
Excellent knowledge of Banking Systems
Strong verbal and written communication skills
Strong PC skills including Word, Excel, Access and other Microsoft products

  • Must be eligible for employment under regulatory standards applicable to the position.

  • Inclusiveness

    At TD, we are committed to fostering an inclusive, accessible environment, where all employees and customers feel valued, respected and supported. We are dedicated to building a workforce that reflects the diversity of our customers and communities in which we live in and serve, and creating an environment where every employee has the opportunity to reach their potential.

    If you are a candidate with a disability and need an accommodation to complete the application process, email the TD Bank US Workplace Accommodations Program at . Include your full name, best way to reach you, and the accommodation needed to assist you with the application process.

    EOE/Minorities/Females/Veterans/Individuals with Disabilities/Sexual Orientation/Gender Identity.