The position of SBA Portfolio Manager 1 will oversee the SBA 7(a) portfolio which includes the Express and PPP loans. Assures compliance with all Bank policies and procedures, as well as, all applicable state and federal banking regulations.
DUTIES & RESPONSIBILITIES:
Oversee all customer communication including request for financial and other information for annual reviews, insurance request and the like
Effectively communicates information and analytical results to SBA Manager
Managing all servicing requests including deferments, substitutions and releases in compliance with Bank and SBA requirements.
Maintains log of servicing actions
Manages late payments with assistance of BDO’s.
Prepares and updates Credit Administration reports for any poorly performing credits.
Reviews and approves monthly reporting to SBA (1502 and PPP 1502)
Oversees PPP Forgiveness Processing
May assist with special projects in the SBA Departments as needed.
Other Duties: This job description is not designed to cover or contain a comprehensive listing of duties, responsibilities, or activities that are required for this job. These duties, responsibilities and activities may change at any time or without notice.
Treats people with respect; keeps commitments; Inspires the trust of others; works ethically and with integrity; upholds organizational values; accepts responsibility for own actions.
Demonstrates knowledge of and adherence to EEO policy; shows respect and sensitivity for cultural differences; values diversity; promotes working environment free of harassment of any type; supports a diverse workforce and affirmative action.
Follows policies and procedures; completes administrative tasks correctly and on time; supports the Bank’s goals and values.
Performs the position safely, without endangering the health or safety to themselves or others and will be expected to report potentially unsafe conditions. The employee shall comply with occupational safety and health standards and all rules, regulations and orders issued pursuant to the OSHA Act of 1970, which are applicable to one’s own actions and conduct.
These specifications are general guidelines based on the minimum experience normally considered essential to the satisfactory performance of this position. The requirements listed below are representative of the knowledge, skill and/or ability required to perform the position in a satisfactory manner. Individual abilities may result in some deviation from these guidelines.
Prefer Bachelor’s degree (BA or BS) in Finance, Accounting, Business, Economics, or related field from a college or university and 2-3 years prior related experience and/or training in one or more of the following fields: commercial credit, accounting, financial statement preparation/analysis, or other financial analysis. In lieu of a Bachelor’s degree, a combined minimum of 5 years higher education and/or work experience in financial industry, including 3 to 5 years prior related experience and/or training in one or more of the following fields: SBA lending, commercial credit, accounting, financial statement preparation/analysis, or other financial analysis.