Senior Loan Operations Administrator - SBA

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OperationsOperations Specialist

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Quick Summary

Key Responsibilities

The Senior SBA Loan Administrator is responsible for managing the full lifecycle of SBA and complex commercial loan transactions, including processing, documentation, closing, and funding.

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OperationsOperations Specialist

Senior Loan Operations Administrator - SBA

Block 23

Responsibilities

~1 min read

The Senior SBA Loan Administrator is responsible for managing the full lifecycle of SBA and complex commercial loan transactions, including processing, documentation, closing, and funding. This role ensures strict adherence to SBA Standard Operating Procedures (SOP), regulatory requirements, and bank policies, with a primary focus on protecting the SBA guaranty and maintaining strong collateral integrity.

This position serves as a key operational partner to Relationship Managers, Portfolio Managers, Credit, Legal, Documentation, and Loan Servicing teams, while acting as a central point of coordination with external parties including CDCs, title and escrow companies, and legal counsel. The Senior SBA Loan Administrator also supports team development by mentoring junior staff and contributing to process standardization and efficiency.

Manage end-to-end processing and closing of SBA 7(a), 504, and Express loans, as well as related commercial loan products
Analyze loan approvals to determine appropriate due diligence, documentation requirements, and closing structure
Coordinate with Relationship Managers, CDCs, legal counsel, title/escrow, and internal partners to facilitate timely closings
Direct preparation of loan documentation and ensure alignment with credit approval, SBA SOP, and program eligibility requirements
Lead borrower and counterparty communication to obtain and validate required documentation

Ensure all transactions are executed in compliance with SBA SOP, regulatory requirements, and internal credit policy
Validate eligibility requirements to preserve SBA guaranty integrity
Review collateral structure, lien priority, insurance coverage, and third-party reports to ensure proper risk positioning
Maintain complete, accurate, and audit-ready loan files that meet internal and SBA audit standards

Coordinate and execute loan closings, including preparation of funding packages and settlement review
Book and fund loans in core systems, ensuring accuracy of terms, conditions, and financial details
Process disbursements, wires, and vendor payments in accordance with closing instructions
Ensure all fees and closing costs are accurately calculated, collected, and reconciled
Deliver complete loan packages for boarding and partner with Loan Servicing for seamless handoff

Monitor post-closing requirements, including trailing documents, collateral perfection, and SBA-specific conditions
Track and resolve exceptions to ensure compliance and avoid guaranty risk
Support ongoing portfolio management through covenant monitoring, UCC tracking, and financial reporting requirements

Serve as a subject matter expert on SBA lending and complex loan structures
Provide training, mentorship, and guidance to Loan Administrators and junior staff
Identify process improvement opportunities to enhance efficiency, quality, and risk controls
Partner with leadership on standardization initiatives across loan operations

5+ years of SBA loan processing and closing experience (7(a), 504, Express required)
High school diploma required.
Strong working knowledge of SBA SOP, lending regulations, and loan documentation practices
Experience with complex commercial loan structures and multi-party transactions
Proven ability to manage high-volume, deadline-driven pipelines with minimal oversight
Strong analytical, organizational, and problem-solving skills
Demonstrated ability to mentor and develop team members

Compensation: Hourly range for new hires is generally $38.65 - $47.74 for Reno, NV. Salary amount is determined by specific job location. In addition, the role may be eligible for annual bonus/incentives earned.

What We Offer

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Western Alliance Bank, Member FDIC, is a wholly owned subsidiary of Western Alliance Bancorporation. Serving clients nationwide, Western Alliance Bank includes six legacy bank brands — Alliance Association Bank, Alliance Bank of Arizona, Bank of Nevada, Bridge Bank, First Independent Bank and Torrey Pines Bank — that remain part of the company’s heritage, as well as AmeriHome Mortgage, a Western Alliance Bank Company.

Western Alliance Bancorporation is committed to equal employment and will consider all qualified applicants without regard to race, sex, color, religion, age, nation origin, marital status, disability, protected veteran status, sexual orientation, gender identity or genetic information. Western Alliance Bancorporation is committed to working with and providing reasonable accommodations for individuals with disabilities. If you are an individual with a disability and require a reasonable accommodation to complete any part of the application process and/or need an alternative method of applying, please email HR@westernalliancebank.com or call 602-386-2488. When contacting us, please provide your contact information and state the nature of your accessibility issue. We will only respond to inquiries concerning requests that involve a reasonable accommodation in the application process.