Job description

About the Company

NewtekOne is a financial holding company that, together with its bank and non-bank subsidiaries, delivers a broad set of business and financial services to small and medium-sized businesses across the United States. Since 1999, the company has focused on helping SMBs strengthen growth, manage expenses more efficiently, and lower business risk through practical, cost-effective solutions.

Its offerings span banking, business lending, payment processing, cloud and technology services, eCommerce, receivables and inventory financing, insurance, web services, and payroll and benefits solutions.

Role Overview

Small Business Lending, LLC is hiring a Legal Assistant to support closing attorneys and paralegals with the preparation of loan closing packages for U.S. Small Business Administration (SBA) loans, with particular emphasis on post-closing activities.

Key Duties

Support closing attorneys and paralegals with drafting and preparing documents.
Retrieve reports needed for the closing process.
Upload borrower signature files and related documentation.
Run searches required for closings.
Handle the recording of collateral-related documents.
Track and follow up on post-closing conditions.
Maintain and update the post-closing collateral checklist as supporting documents come in.
Prepare and reconcile disbursement documentation.
Assist with completion of vehicle title perfection.
Coordinate authenticated demand letter delivery, confirm receipt, file UCC-3 statements, and request refreshed lien position reports.
Perform post-closing real estate searches.
Secure recorded documents and title insurance policies.
Submit materials to the SBA for compliance review.
Resolve quality assurance issues and exceptions.
Ensure the post-closing file satisfies internal policies as well as SBA requirements.
Take on additional responsibilities as assigned.

Required Experience and Skills

The role calls for prior experience in commercial loan closings, familiarity with commercial closing documents, strong file organization, and comfort working with PDF tools and the MS Office suite. The position also requires good attention to detail, solid coordination skills, and the ability to work under the direction of senior legal team members.

Compensation

The annual salary range for this role is $50,000 to $65,000.

Equal Opportunity and Conduct

NewtekOne is an equal opportunity employer and considers applicants without regard to protected status. Employees are expected to maintain ethical conduct and follow the company’s Code of Business Conduct and Ethics at all times.