Guaranty Preservation Specialist

Banesco USA • St. Petersburg, FL

12d

About The Position

Banesco USA is seeking an SBA Loan Workout Officer for our SBA Special Assets Business Unit.

Requirements

• A minimum of five years of commercial and lending and underwriting experience, including loan review and commercial, and retail collections, or a combination thereof. Also requires a working knowledge of loan restructures and collection, bankruptcy and foreclosure laws, along with a general understanding of legal proceedings.
• Completion of an undergraduate degree in accounting, finance, economics, business administration, or a related field. Valid Class C drivers license and accepting driving history is required.
• A significant level of trust, credibility and diplomacy is required. In-depth dialogue, conversations and explanations with customers, direct and indirect reports and outside vendors can be of a sensitive and/or highly confidential nature.

Responsibilities

• Deals with chronic delinquent accounts and new accounts, typically at least 60 days past due, but as warranted by other special situations, such as the sale of a business or death of a loan guarantor and bankruptcies.
• Communicates directly with the Special Assets Officer.
• Executes on resulting strategies often taking additional direction from management
• Works with adjacent partner areas such as portfolio management and loan operations to understand internal process that may affect resolutions and/or to effectuate resolution on bank books.
• Works with loss mitigation team members on back and forth delinquency situations.
• Creates forbearance agreements.
• Is cognizant of timely completion of requirements for government guaranteed loans, primarily SBA lending.
• Assists in ordering site inspections and sending SBA required letters to borrower.
• Completes SBA packages and send to the servicing center by deadline.
• Create folders and gather documents
• Update department reports as needed.
• Handle vendor invoices
• Other administrative tasks as required.

Benefits

• Paid Time-Off
• Tuition Reimbursement
• Paid Parental Leave
• Medical
• Dental
• Vision
• 401k Match
• Life, Supplemental Insurances, and Short-Term & Long-Term Disability benefits.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level