Search using our robust engine. Get the recommendations you need to get ahead.
Browse through our expansive list of legal practice areas.
Work where you are or where you would like to be. Find where you will work with LawCrossing.
Use our marketplace to feature your opportunity
Start your search today
Set up your account and manage your company profile on LawCrossing
Look through and compare company profiles
Learn from the legal expert
Discover salaries and the scope of your next job
LawCrossing Works Read Testimonials and Share your Story
Carrot Peelers, Sales, Personality and Your Job Search
In-House
Legal Staff
Min 1 yrs required
SBA Eligibility Review Officer The candidate will review and structure complex SBA & USDA guaranteed business loan applications of all sizes for program eligibility and compliance, assuring that agency guarantee can be enforced. Review of approval, determination, and verification of due diligence to ensure the loan will be closed in accordance with SBA & USDA eligibility requirements. Understand the SBA & USDA standard operating procedures based on each loan approval. Interact with SBA Product Specialists and internal SBA 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. Clearly communicate eligibility requirements and loan statuses in weekly calls with the SBA Product & Client Specialist. Work directly with the SBA loan center when required to obtain proper SBA approval and documentation. Clearly document and communicate eligibility conditions to close in accordance with the SBA Standard Operating Procedures. Review all reports and information received with respect to SBA/USDA eligibility requirements to determine if the terms and conditions of the SBA credit approval will be met. This includes a review of franchise agreements, purchase agreements, bank notes, and business plans. Review use of proceeds, orders SBA Number, prepare SBA Authorization, and is responsible for ensuring the loan meets all SBA/USDA requirements. Conduct a post-closing quality review to ensure that all eligibility documents are in order and properly executed. Senior Level Designation may be available based upon experience.
Qualification and Experience
The candidate should have a Bachelor's Degree and 1 year of Business loan operations experience OR have an Associates Degree/Paralegal and 3 years combination of business loan operation and direct SBA experience. Preferably Bachelor's degree in Finance, Accounting, Business, or Economics. Existing knowledge of SBA and/or USDA loan programs is highly desired. Must have excellent analytical skills along with the ability to write in a concise, logical manner to clearly document transaction risks and mitigates. Excellent verbal (face-to-face and phone) and written communications skills are required to effectively provide exceptional customer service to both internal and external customers. Having good interpersonal skills and the ability/desire to work in a fast-paced production environment are critical to being successful in this role. Must have Excellent PC skills to include Excel, Word, Outlook, AFS, and Velocity.TSoft and SBA Etran experience are a plus. Have strong organizational skills, attention to detail, and the ability to multi-task.
Req#: R0024797
Sign Up Now