Job Description
ConnectOne Bank is a growth-oriented commercial bank focused on putting people first and empowering employees. The SBA Disbursement Coordinator plays a key role in managing SBA-backed loan disbursements, ensuring compliance and documentation accuracy while working closely with various stakeholders throughout the process. Responsibilities Support the Bank’s “People First” focus and rules of engagement—maintaining a professional demeanor, working as an active member of the CNOB team, providing clients excellent service, always striving to make CNOB “A Better Place to Be” Process SBA 7(a), 504, and SBA Express loans from initial disbursement through full funding Set up and maintain construction and multi-advance loan disbursement files, ensuring all documentation meets SBA, CNOB, and regulatory standards Review, analyze, and disburse loan draws in accordance with guidelines, securing required approvals from management Collect, track, and maintain required insurance documentation; process updates or modifications as needed Maintain organized, audit-ready loan files to support quality control, internal audits, and SBA compliance reviews Order and review third-party inspection reports and title endorsements; resolve discrepancies with borrowers, contractors, title companies, or internal stakeholders Serve as a primary point of contact for borrowers and vendors throughout the disbursement process Support SBA Operations with additional duties and special projects as assigned Skills Strong 'People First' interest and ability Strong understanding of SBA 7(a), 504, and SBA Express loan programs Experience with construction lending, multi-advance disbursements, or loan servicing preferred Familiarity with collateral perfection requirements and regulatory compliance Strong organizational skills with the ability to maintain audit-ready files Ability to manage multiple loans and deadlines simultaneously Problem-solving mindset with the ability to resolve issues with borrowers and vendors Minimum 1-3 years of SBA experience High attention to detail capable of identifying discrepancies in documentation Benefits World class health, vision, and dental benefits on day one 401k with employer match Hybrid work from home (depending on role) Employee appreciation events (team building, softball games, food truck days, etc..) Employee assistance programs (EAP) Wellness programs (flu shot, preventive care, health programs and services discounts, etc..) Tuition reimbursement Employee Discount perks CNOB Community Service Events Company Overview ConnectOne Bank provides creative financial products and customized solutions. It was founded in 2005, and is headquartered in Englewood Cliffs, New Jersey, USA, with a workforce of 201-500 employees. Its website is