Development Operations Associate Jobs in Garland, TX

Who We Are:

VelocitySBA provides small business owners with access to growth capital through the SBA loan program. Having access to small business financing can give you the security and freedom to focus on other aspects of running your business. We can help you purchase commercial real estate and equipment, provide growth capital financing, deliver debt refinance solutions, aide with business acquisition/partner buyout, and assist small business owners with their startups.

What’s in it for You:

VelocitySBA is one of the fastest growing SBA lending institutions in the country and is actively seeking motivated individuals interested in a career in business finance.  Areas of opportunity include sales/business development, underwriting, closing, servicing, marketing and more as our organization very actively implements our national growth strategy. VelocitySBA offers distinctly a team culture that is more synergistic and collaborative than typical for financial institutions, creating a stimulating and enjoyable workplace environment.  Candidates joining the VelocitySBA team can expect professional development and growth working alongside the best SBA professionals in the industry. Become a part of our team and immerse yourself in a company that fosters a Great Place to Work™ culture!

What You’ll Do:

The Loan Operations Associate is a customerfacing role responsible for collecting, preparing, and delivering complete, accurate, and compliant loan files to the closing officer by the time of loan approval. This role ensures that all required documentation, verifications, and regulatory requirements are satisfied to support a smooth and timely closing process. The Loan Operations Associate collaborates with borrowers, brokers, external partners, and internal teams to maintain high standards of quality and operational efficiency.

This role requires strong verbal communication skills and comfort engaging directly with customers to clearly explain requirements and processes. In addition, the Loan Operations Associate must take a proactive and persistent approach to following up with customers to obtain required information and documentation in a timely manner.

Principal Responsibilities:

• Coordinate with Borrowers and Stakeholders

• Serve as a customer-facing representative for the Company and communicate directly with borrowers, lenders, franchisors, contractors, insurance agents, closing agents, and internal department stakeholders to obtain necessary documents, clarify questions, and resolve issues. Provide clear instructions and updates to ensure deadlines are met and the loan process progresses smoothly.

• Review and Verify Loan Documentation

• Thoroughly examine all loan application documents, entity documents, appraisals, escrow & title documents, and other supporting materials to ensure accuracy, completeness, and compliance with internal policies, SBA SOP 50 10 and other regulatory requirements. Identify missing items or discrepancies early and initiate corrective action.

• Prepare Complete Loan Files

• Organize and assemble all required documentation into a cohesive loan package ready for the closing officer. Ensure that all conditions outlined by the underwriter have been met and that files meet quality standards for timely approval and funding.

• Maintain Accurate Loan Records

• Track the status of each loan file using internal systems, documenting communications, updates, and any pending items. Generate reports for management to monitor progress and identify trends or bottlenecks in the loan preparation process.

• Identify and Resolve Potential Issues:

• Proactively review loan files for discrepancies, missing information, or compliance risks. Escalate issues to management or underwriters as needed to prevent delays in loan approval or closing.

• Support Process Improvement:

• Provide feedback on workflows, suggest improvements to documentation standards or procedures, and participate in training initiatives to enhance team efficiency and consistency. Assist in the implementation of standardized practices to reduce errors and improve turnaround times.

Required Qualifications:

• Strong verbal and written communication skills
• Bachelor’s Degree
• Minimum of 1-3 years’ experience in SBA 7(a) lending
• Strong attention to detail and organizational skills, with the ability to manage multiple priorities
• Knowledge of regulatory and compliance requirements for loan documentation
• Proficiency with loan origination systems and standard office software
• Ability to work independently and collaboratively in a fast-paced environment

Compensation:

• Hourly: $26-$35 (based on experience and qualifications)
• Full-time position 

Physical Requirements: 

• Must be able to pass post-offer drug test and background check

Benefits Velocity Vehicle Group Offers: Fantastic Culture:

• 401k + match 
• Health, Dental & Vision Insurance + HSA & FSA 
• Employer paid Life Insurance 
• Paid Vacation Days 
• Sick Leave 
• Company perks such as employee discounts, company events and training programs 

• Excellent Training and Career Advancement Opportunities 

Velocity Vehicle Group is an equal opportunity employer. Velocity Vehicle Group prohibits discrimination and harassment of any type and affords equal employment opportunities to employees and applicants without regard to race, color, religion, sex, sexual orientation, gender identity or expression, pregnancy, age, national origin, disability status, genetic information, protected veteran status, or any other characteristic protected by law.