Sr. Business Banking Application Processor

Sr. Business Banking Application Processor-Overland Park, Kansas

This role will support the Business Banking line of business by performing a variety of application processing tasks for conventional and Small Business Administration (SBA) loans. This role will interact with UMB sales, credit and operations associates that includes department managers to facilitate processing for credit requests within the Business Banking line of business as well as serve as a point of contact for various third-party vendors that are pertinent to SBA lending (such as CDC companies, business and equip valuation companies and IRS tax verification companies). This role gives the applicant exposure to underwriting and portfolio servicing.   To complete this work there is day-to-day contact with the UMB SBA Program Manager, as well as less experienced application processors. Must carry out responsibilities with the professionalism, confidentiality, and courtesy.

How you will spend your time:

• Monitor and manage work assignments flowing to the department group E-Mailbox

• Create loan applications in Capital Stream loan processing system

• Review and assure loan applications have all information completed; for incomplete applications, communicate with applicable UMB Officers to collect missing loan application items

• Provide guidance to other Application Processors

• Function as an internal SBA Loan Processor/Packager gathering forms and documentation required on all SBA approved loans to ensure compliance with SBA program and bank guidelines

• Input required loan information into the SBA software system used for packaging the SBA loan

• Perform certain SBA processing requirements such as CAIVRS searches, SAM searches and IRS Tax Transcript verification

• Assist UMB SBA Program Manager with processing payment of SBA Guaranty Fees and maintaining records for fee payments and ongoing monthly servicing reports

• Review approved SBA loans to ensure approval conditions are satisfied prior to loan closing and perform post-closing loan file audits and follow up on technical exceptions

• Assist department manager and UMB SBA Program Manager with updating compliance procedures and perform testing on a quarterly basis to verify Adverse Action, Joint Intent, Notice of Appraisal and HMDA compliance

• Monitor REG B reports daily to ensure timely decisioning of loan applications and mailing of adverse action (denial) letters

We are excited to talk with you if you have:

• 4+ years of direct experience in banking or financial services industry

• Advanced PC skills, including Word, Excel, Access and PowerPoint

• Exceptional written and verbal communication skills

• Outstanding interpersonal skills with a strong team orientation

• Advanced time management skills to prioritize assignments

• Ability to work independently and solve conflicts/problems

• Ability to handle highly confidential information

Compensation Range:

The posted compensation range on this listing represents UMB's standard for this role, but the actual compensation may vary by geographic location, experience level, and other job-related factors. In addition, this range does not encompass the full earning potential for this role. Please see the description of benefits included with this job posting for additional information

UMB offers competitive and varied benefits to eligible associates, such as Paid Time Off; a 401(k) matching program; annual incentive pay; paid holidays; a comprehensive company sponsored benefit plan including medical, dental, vision, and other insurance coverage; health savings, flexible spending, and dependent care accounts; adoption assistance; an employee assistance program; fitness reimbursement; tuition reimbursement; an associate wellbeing program; an associate emergency fund; and various associate banking benefits. Benefit offerings and eligibility requirements vary.

Are you ready to be part of something more?
You're more than a means to an end—a way to help us meet the bottom line. UMB isn't comprised of workers, but of people who care about their work, one another, and their community. Expect more than the status quo. At UMB, you can expect more heart. You'll be valued for exactly who you are and encouraged to support causes you care about. Expect more trust. We want you to do the right thing, no matter what. And, expect more opportunities. UMBers are known for having multiple careers here and having their voices heard.

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