SBA PrePost Closing Auditor

Thank you for your interest in a career at Regions. At Regions we believe associates deserve more than just a job. We believe in offering performance-driven individuals a place where they can build a career --- a place to expect more opportunities. If you are focused on results dedicated to quality strength and integrity and possess the drive to succeed then we are your employer of choice.

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Job Description:

At Regions the SBA Portfolio Management Analyst is responsible for providing proactive credit servicing and management of servicing actions from booking and funding through on-going servicing for the Regions SBA Portfolio. This position serves as the on-going and final evaluation point for SBA loans reviewing loan terms and conditions completing SBA guaranty evaluations financial statement spreading Global Cash Flow spreading and SBA Guaranty Request Packages along with the coordination of SBA Servicing Center decisions. The SBA Portfolio Management Analyst will execute various credit servicing activities including tickler management updating borrower and global spreads and formal documentation of Ongoing Monitoring and Periodic Assessment actions.

Primary Responsibilities

• Manages an assigned portfolio of SBA loan accounts.
• Services loans including but not limited to annual review of loans loan modifications quarterly problem asset reports on loans not transferred to a workout specialist SBA Viability Reviews SBA Litigation / Liquidation Packages and SBA Guaranty Request packages for submission to SBA
• Manages relationship portfolio risk by utilizing a broad group of business and commercial sources
• Collaborates with business development and the customer to gain the necessary documents to analyze the credit request and deliver a credit memo on a timely basis
• Applies a full understanding of the SBA Standard Operating Procedures (SOP) SBA Loan Servicing and Liquidation Procedures (SOP 50 57 2) and Servicing and Liquidation Actions Lender Matrix
• Serves as SBA liaison for the PAM Group to remain in SBA compliance on relationships transferred to workout specialists
• Prepares ongoing monitoring packages and periodic assessment packages
• Evaluate and approve draw requests ensuring that all required documentation is submitted and acceptable per Regions and SBA loan policy guidelines
• Analyzes deal memo to ensure key SBA criteria such as credit elsewhere equity injection nature of the business & request etc. are appropriately addressed
• Spreads borrower interim and year-end financial statements and prepares Global Cash Flow
• Spreads and analyzes guarantor financial information
• Prepares certain sections and appendices of Credit Approval Packages and coordinates with closing team to approve post-decisioning required underwriting documentation
• Uses insight as initial point of deal evaluation to identify trends that may result in further evaluation of processes and/or training needs

This position is exempt from timekeeping requirements under the Fair Labor Standards Act and is not eligible for overtime pay.

This position is incentive eligible.

Requirements

• Bachelors degree in Accounting Finance or related field
• Two (2) years of SBA experience commercial loan underwriting financial analysis or portfolio management experience

Skills and Competencies

• Ability to identify and voice issues
• Ability to prioritize and operate with a sense of urgency
• Ability to work collaboratively with multiple stakeholders
• Organized detail-oriented and able to multi-task
• Strong analytical and problem solving skills
• Strong verbal and written communication skills

This role focuses on ensuring adherence to Small Business Administration (SBA) regulations through comprehensive loan quality control and compliance reviews. It involves verifying the accuracy and completeness of SBA loan documentation along with all related loan documents prior to closing and confirming that the final loan approval aligns with the SBA Terms and Conditions sheet. Additionally the role confirms that all conditions for the SBA guarantee were met post-closing to protect the loan guarantee from potential denial or by the SBA Portfolio Management Analyst these reviews help identify deficiencies in the loan file such as issues with collateral documentation or loan terms which could jeopardize the SBA guarantee and lead to financial losses for the objectives include identifying and resolving any errors or documentation discrepancies to prevent post-closing amendments and exceptions.

This position is also currently offsite outside of Birmingham andassociates will work from their home primarily. They may be expected to go on site for meetings or other events as needed.

Position Type

Compensation Details

Pay ranges are job specific and are provided as a point-of-market reference for compensation decisions. Other factors which directly impact pay for individual associates include: experience skills knowledge contribution job location and most importantly performance in the job role. As these factors vary by individuals pay will also vary among individual associates within the same job.

The target information listed below is based on the Metropolitan Statistical Area Market Range for where the position is located and level of the position.

Job Range Target:

Minimum:

Median:

Incentive Pay Plans:

Benefits Information

Regions offers a benefits package that is flexible comprehensive and recognizes that one size does not fit all for benefits-eligible associates. Listed below is a synopsis of the benefits offered by Regions for informational purposes which is not intended to be a complete summary of plan terms and conditions.

• Paid Vacation/Sick Time

• 401K with Company Match

• Medical Dental and Vision Benefits

• Disability Benefits

• Health Savings Account

• Flexible Spending Account

• Life Insurance

• Parental Leave

• Employee Assistance Program

• Associate Volunteer Program

Please note benefits and plans may be changed amended or terminated with respect to all or any class of associate at any time. To learn more about Regions benefits please click or copy the link below to your browser.

DetailsRiverchase Complex North Building

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