iBusiness Funding is a technology company focused on our mission to provide working capital to small and medium sized businesses in an efficient and transparent manner. We are committed to our four values of success: innovation, integrity, enjoyment, and family. 

Our parent company is a top 15 SBA 7(a) preferred lender with SBA express and small loan capabilities.

Position Description:

We are looking for an SBA Paralegal to join our growing team. Through a dynamic, technology-centric model, this position will play a critical role in meeting the legal needs dictated by the SBA portfolio and in the participation of corresponding government loan programs. A successful candidate will possess the analytical thinking skills necessary to analyze and synthesize information to understand issues, identify legal needs, and support sound decision making to contribute to the overall goals and objectives of iBusiness Funding.

Essential Duties and Responsibilities:

• Generate all legal documentation required to close SBA loans in accordance with company policy and SBA SOP Guidelines
  • Documents include but are not limited to: Agreement to Provide Insurance, Business Loan Agreement, Closing Certifications, Customer Identification Form, Error and Omissions Agreement, Guarantees, Non-Identity Affidavits, Resolutions, SBA Form 1050, SBA Note, Loan Agreements, and SBA Form 1059.
  • Confirm receipt of all post-closing legal documentation, checking for dates, signatures, and 100% accuracy on all documentation
• Work closely and build professional relationships with Credit, Supervising Attorneys and Closing Departments to ensure legal compliance of all loan-related documentation
• Present any observations of legal deficiencies to supervising Attorney(s)/closing department
• Respond to inquiries relating to legal issues from all levels of the organization
• Act as liaison with borrower counsel and title company for loan requirements
• Direct escrow agent’s actions, oversee and obtain evidence for disbursement of loan funds in accordance with loan approval and SBA regulations
• Keep abreast of day-to-day policy and procedure and SBA SOP changes
• Adhere to turn time requirements
• Additional duties as requested

Qualifications for Success:

• Requires a 4-year college degree with an emphasis in Legal Studies, Accounting, or Finance
• Requires 4 or more years in banking, credit, finance, or lending related experience
• SBA 7a lending experience preferred
• Experience in a paralegal function preferred
• Requires strong knowledge of LasrPro
• Able to demonstrate effective organization, critical thinking, and problem-solving skills
• Able to demonstrate initiative to accomplish work objectives
• Able to manage multiple tasks while meeting deadlines in a fast-paced work environment 
• Able to work effectively in a team environment
• Able to prioritize and operate with a sense of urgency
• Strong verbal and written communication skills
• Requires knowledge of Microsoft Office and Adobe Pro

Physical Demands:

The physical demands of the position are typical of those found in a traditional office environment. Employees will not need to walk significant distances nor lift substantial weight. Employee will need to be able to remain seated at a desk for 8-9 hours in a typical workday.

Conclusion:

This job description is intended to convey information essential to understanding the scope of the job and the general nature and level of work performed by job holders within this job. This job description is not intended to be an exhaustive list of qualifications, skills, efforts, duties, responsibilities or working conditions associated with the position.

The company is an equal opportunity employer and will consider all applications without regard to race, sex, age, color, religion, national origin, veteran status, disability, genetic information or any other characteristic protected by law.