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SBA Loan Processor (Remote Opportunity)

Birmingham, Alabama
Position Title: SBA Loan Processor (Remote Opportunity)
Location: Remote
Position Status: Contract
Position Description:
Our client is looking for SBA Loan Processor (Remote Opportunity) candidates for a full time contract opportunity that will last over a year. The chosen candidate will be tasked with the following:
  • Conducts interviews with borrowers and lenders and counsels them on SBA's practices.
  • Assesses borrower's or lender's need for assistance from other sources and counsels accordingly.
  • Processing, origination, servicing, guaranty purchasing and/or liquidating; but the majority of the time is spent on loans which are considered to be more "complex" or problematic.
  • Analyze and make recommendations on transaction requests in accordance with existing Agency SOP's or guidelines.
  • Reviews and associates trailing documents with their respective loan files or transfers files / documents to the appropriate SBA office.
Required Skills:
  • Must have experience with Small Business Administration (SBA) Loans.
  • Disaster and 7(a) programs and loan administration functions required.
  • Must have practical knowledge of standard procedures in loan administration requiring extended experience to perform such work as preparation of the more routine modification of loan terms and conditions.
  • Knowledge of financial statements, credit instruments, collateral documents and business terminology.
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