Vice President of SBA Special Assets & Loan Management

Overview

We are seeking a highly motivated and experienced individual to join our dynamic team on a full-time, remote basis. This role is ideal for someone with at least 5 years of experience in SBA lending, commercial lending, or a similar field. If you are familiar with the SBA program, loan servicing, portfolio management, and financial analysis, and possess excellent communication skills, a team-oriented mindset, and the ability to adapt in a fast-paced environment, we encourage you to apply.

Key Responsibilities

As a key member of the SBA Special Assets Team, your primary responsibilities will include:

• Upholding the core values of integrity, respect, positive attitude, empowerment, accountability, and excellence.
• Delivering exceptional customer service and reinforcing a positive banking experience for all clients.
• Collaborating with the SVP/SBA Audit & Special Assets Manager to mitigate bank losses in various areas such as problem loans, foreclosures, and litigation.
• Managing the timely collection, negotiation, and resolution of past due loan payments for the SBA Portfolio in accordance with SBA and bank regulations.
• Monitoring and reviewing marginal SBA Annual Reviews, conducting financial analyses, and identifying risks to recommend appropriate loan grading.
• Ensuring timely PIP disbursements on the SBA Portfolio, including reviewing documentation for compliance with regulations.
• Conducting full audits on problematic loans and addressing issues in alignment with SBA and bank regulations.
• Gathering necessary data and documentation for SBA 10-Tab submissions.
• Assisting in reviewing and monitoring legal notices related to the SBA Portfolio.
• Addressing departmental lien perfection and other portfolio issues as needed.
• Monitoring and contacting customers to resolve past due taxes and force-placed insurance.
• Ensuring all special asset processes and procedures adhere to SBA and bank regulations.
• Conducting skip tracing to obtain valid customer contact information as needed.
• Managing and updating customer contact information within the SBA portfolio.
• Sending timely correspondence and reports in accordance with SBA and bank regulations.
• Providing detailed reports of special asset efforts and discussing portfolio recommendations with management.
• Ensuring proper documentation and implementation of security precautions to protect customer loans, collateral, bank assets, and staff.
• Managing lending-related general ledger accounts and processing necessary corrections.
• Performing other duties as assigned.
  
  

Minimum Requirements

• Bachelor's degree or equivalent from an accredited 4-year college or university, or at least 5 years of banking experience and/or training, or an equivalent combination of education and experience.
• Experience in special assets, financial analysis, or credit review is preferred.
• Strong knowledge and training in special assets, financial statements, and tax return analysis.
• Advanced understanding of commercial, construction, real estate, and consumer loan products, as well as related state and federal lending and compliance laws and regulations.
• Proficiency in title policies and related loan regulations such as RESPA, HMDA, and other bank lending policies.
  
  

Employment Type: Full-Time