Summary: The SBA Sr. Portfolio Manager is responsible for various servicing action requests, loan modifications, confirming satisfaction of approved credit requirements, as well as recognizing and proactively managing ongoing credit risk to ensure compliance and adherence to USDA/SBA SOP and First Bank of the Lake policies, procedures, and regulatory requirements. The ideal candidate must have extensive Government Guaranteed Lending experience. Job Requirements: Minimum of 3 years of SBA, USDA, or 504 Portfolio Management experience or comparable experience. Bachelor's degree in business administration, Finance, Accounting, or another related field. Advanced knowledge of the USDA/SBA loan structuring, underwriting, and documentation. Strong knowledge of loan agreements, assumptions, accounting, loan structuring, and collateral procedures. Excellent verbal and written communication skills Ability to multi-task in a fast-paced environment. Excellent analytical, organization, problem-solving, and time management skills. Skilled with Microsoft Word, Excel, Outlook, and related software applications (nCino, Fiserv, CAIVRS, LexisNexis, and PayNet). Must be able to work in a team environment and adapt to change. Must comply with all bank policies and procedures as well as applicable state and federal regulations. Must complete all required training suitable to his or her position within the bank. Job Functions: Prepare loan modifications and servicing requests for approval. As needed, obtain and review legal documents to ensure renewals and modifications for accuracy. Coordinate collection and review of financial statements, tax returns, personal financial statements, loan document exceptions, and other required financial reporting as indicated in the client's business loan agreement. Daily customer interaction through phone calls, emails, and site visits to address routine servicing matters and/or other related issues. Perform site visits and annual customer reviews on assigned SBA portfolio. Determine early warning signs of clients at risk and work with them to develop and execute an appropriate plan to mitigate the risk. Works closely with the business development, closing, and underwriting teams throughout the process to ensure the completeness and accuracy of all information. Issue 1099s as necessary on the SBA/USDA portfolio. Work with the bank SBA Senior Management to manage SBA/USDA problem loans and ORE. Assist with special tasks as needed by SBA Senior Management. Physical Requirements: Prolonged periods sitting at a desk and working on a computer. Must be able to lift up to 25 pounds at times. Travel as required for in-person meetings and/or training. EEO Statement: We are an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability or veteran status, or any other protected category.
All offers of employment shall be subject to successful completion of all pre-employment screenings, verifications, and processes. Failure to comply with these processes or failure to successfully pass all phases of the pre-employment screening will result in a withdrawal of employment offer.
Other Duties: Please note that this job description is not designed to cover or contain a comprehensive listing of activities, duties, or responsibilities that are required of the employee for this job. Duties, responsibilities, and activities may change at any time, with or without notice.
