SBA Eligibility Review Officer III

Job description

Description Summary: The SBA Eligibility Review Officer III is responsible for reviewing SBA & USDA guaranteed business loans to determine proper structure and ensure loan closes in accordance with SBA & USDA eligibility requirements. Duties and Responsibilities: - Serves as the subject matter expert in SBA Servicing procedures and acts as a consultant on government guaranteed loan programs to sales, underwriting, and closing colleagues throughout the HNB markets. - Maintains an individual pipeline of work, with loans typically of advanced complexity and customer exposure up to $5 million. - Appropriately assess eligibility of borrower(s), co-borrower(s), guarantor(s) assuring that, if needed, the SBA guarantee can be enforced. - Interacts with the internal SBA Sales and Operations colleagues to facilitate understanding of the SBA and USDA guaranteed loan programs as well as to understand the credit request, obtain necessary eligibility information, and communicate eligibility decision and reasoning. - Reviews use of proceeds, orders SBA Number, prepares SBA Loan Authorization and other SBA forms and is responsible for ensuring the loan meets all SBA/USDA requirements. - Reviews al...