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SBA Compliance and Servicing Specialist
SBA Compliance and Servicing SpecialistSB Financial Group Inc. • Defiance, OH, US
SBA Compliance and Servicing Specialist

SBA Compliance and Servicing Specialist

SB Financial Group Inc. • Defiance, OH, US
30+ days ago
Job type
  • Full-time
Job description

Job Description

Job Description

Education

A B.S. or B.A. degree in a related field normally required; specialized banking education and training. Ability to obtain diploma / certification from National Association of Government Guaranteed Lenders is required.

Experience

A minimum of two (2) years’ experience in SBA Lending, Underwriting, or Processes required; 3-5 years preferred.

Preferred Skills

  • Proficient reading, writing, grammar, and mathematics skills.
  • Proficient interpersonal relations, communicative, and sales skills.
  • A thorough knowledge of the features and benefits of all bank commercial products and services.
  • A working knowledge of bank operating policies and procedures which impact commercial services.
  • Visual and auditory skills.
  • Valid driver’s license.

Role and Responsibilities

Responsible for performing various duties to support SBA Compliance and Servicing; adhering to all internal policies, procedures, and practices in support of risk management, overall safety and soundness, and the Bank’s compliance with all regulatory requirements; communicating with management and appropriate staff personnel in order to integrate goals and activities; responding to inquiries or requests for information; maintaining appropriate records and providing assigned reports.

Essential Duties

  • Performs various duties to support SBA Compliance and Servicing of which the following are illustrative :
  • SBA Eligibility and Compliance Oversight

  • Maintains intimate working knowledge of all required SBA SOPs to ensure proper oversight and compliance of SBA regulations.
  • Ensures receipt and review of all SBA policy notices.
  • Ensures receipt and review of all updates and notices from the National Association of Government Guaranteed Lenders.
  • Attends various NAGGL conferences when required.
  • Verifies SBA eligibility and compliance during and after credit and underwriting process.
  • Verifies SBA eligibility and compliance during various loan-processing stages as needed.
  • Maintains and coordinates various SBA training as required.
  • SBA Servicing Actions

  • Gathers necessary documentation required to assist servicing action requests from SBA borrowers.
  • Follows all SBA requirements as it pertains to the specific actions requested.
  • Works with internal Bank partners and borrowers, as needed, to gather necessary information and complete servicing actions requested, and in compliance with SBA regulations.
  • SBA Guaranty Purchase and Liquidation

  • Gathers necessary documentation to build SBA Guaranty Purchase Package.
  • Works with internal Bank liquidation partners to ensure all SBA requirements are followed during liquidation process.
  • Submits Guaranty Purchase Package to SBA in order to honor guaranty.
  • SBA File Audit

  • Performs post-closing SBA loan file audit for required documentation, SBA underwriting compliance, and verification requirements to ensure integrity of SBA guaranty.
  • Works with internal Bank partners as needed to ensure completeness of file audit and rectify any gaps noted in documentation, underwriting, or verification requirements.
  • SBA Data Analytics and Reporting

  • Pulls and reviews data from SBA Lender Portal and internal Bank systems.
  • Updates reporting metrics monthly / quarterly with various populated data analytics.
  • Coordinates departmental tasks with coworkers inside and outside the department in order to ensure an efficient process and the completion of essential tasks needing proper segregation of duties.
  • Reports pertinent information to the immediate supervisor as requested, or according to an established schedule; complies information as necessary or as directed and provides date to appropriate bank personnel.
  • Responds to inquiries relating to his / her particular area, or to requests from customers, other personnel, etc., within give time frames and within established policy.
  • Abides by the current laws and organizational policies and procedures designed and implemented to promote an environment which is free of sexual harassment and other forms of illegal discriminatory behavior in the work place.
  • Cooperates with, participates in, and supports the adherence to all internal policies, procedures, and practices in support of risk management, overall safety and soundness, and the bank’s compliance with all regulatory requirements, e.g. Community Reinvestment Act (CRA), Bank Secrecy Act (BSA), Equal Credit Opportunity Act, etc.
  • Ancillary Duties

  • Performs tasks which are supportive in nature to the essential functions of the job, but which may be altered or re-designed depending upon individual or departmental circumstances.
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    Servicing Specialist • Defiance, OH, US

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