POSITION OVERVIEW
The SBA Note Officer is responsible for preparing, reviewing, and maintaining SBA loan documentation to ensure compliance with SBA regulations and bank policies. This role supports the end-to-end loan process, from closing to servicing, ensuring accuracy of loan notes and documentation while minimizing risk and maintaining eligibility for SBA guarantees.
POSITION RESPONSIBILITIES
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Loan generation, funding and boarding
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Handles charge off, down grade and non-accrual placement
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Reviews and monitors collateral insurances.
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Handles general loan servicing for SBA 7a loans
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Reviews daily loan payment and charge back
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Monitors tickler report and UCC continuation
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Reviews participation payment holdover G/L
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Reviews participation payment submission
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Handles monthly SBA 1502 report including late payment submission
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Complies fully with all Bank policies and procedures as well as all regulatory requirements (e.g. Bank Secrecy Act, Anti-Money Laundering, Code of Conduct, and etc.). Must complete all required training
SKILLS / QUALIFICATIONS
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Must be detail oriented
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Dependable, reliable, and a self-starter with multi-tasking skills.
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Strong knowledge of SBA SOP guidelines (7(a) and/or 504 programs)
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Substantial knowledge of loan operation, servicing, and documentation
EDUCATION / EXPERIENCE
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Bachelor’s degree preferred
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Minimum Experience: 5+ years’ Lending and Loan Servicing experience.
