SBA Servicing Officer
3 weeks ago
Job Summary
We are seeking a highly skilled SBA Servicing Officer to join our team at CBB Bank. As a key member of our servicing team, you will be responsible for ensuring the smooth operation of our SBA loan portfolio.
Key Responsibilities
- Perform servicing requests and monitor existing loans, including tickler follow-up.
- Conduct post-closing audits to comply with loan authorizations.
- Ensure financial statements, tax returns, recorded documents, and UCC ticklers are current and properly maintained.
- Follow up on delinquent loan accounts and handle all servicing requests, including deferments, collateral substitutions, restructures, and assumptions.
- Collect and analyze annual financial information from clients.
- Monitor loans for possible risk rating changes and classified loans on a quarterly basis using Special Attention Credit reports.
- Follow up for renewal insurance policies and perform various other duties assigned by the department supervisor.
Requirements
- Familiarity with SBA and/or USDA lending.
- Well-developed written and oral communication skills.
- Detail-oriented, good problem-solving, and negotiating skills are required to overcome obstacles and drive the closing process to meet deadlines.
- Ability to read and interpret complex commercial loan documents.
- Ability to deal effectively and tactfully with all types of customers.
Education and Experience
- Bachelor's Degree from an accredited 4-year University.
- 3-5 years of commercial/SBA loan-related experience.
What We Offer
We offer a competitive total rewards package, including medical, dental, vision, and life insurance, 401(k) retirement savings plan, and paid federal holidays. Annual ranges are determined based on qualifications, level, and location. Exact compensation may vary based on your skills and experience.
Equal Opportunity Employer
CBB Bank is an Equal Opportunity Employer. All applicants will receive consideration for employment without regard to race, color, ancestry, religion, sex, national origin, sexual orientation, age, marital status, disability, gender identity, gender expression, genetic information, or military or Veteran status, or any other characteristic protected by law.
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