Small Business Administration (SBA) Compliance Manager

Wintrust Financial Corporation•Des Plaines, IL

1d•Onsite

About The Position

The SBA Compliance Manager is responsible for managing and being the primary point of contact for the existing SBA loan portfolio – including monitoring, analyzing, and providing guidance to internal product partners on post-closing SBA servicing and liquidation activities throughout Wintrust Financial Corporation. In this deadline-oriented role, you will be responsible for managing certain credit relationships – including gathering, analyzing and underwriting all business and personal financial data for the purpose of issuing, extending, amending, and reviewing a commercial credit facility. You are expected to be the liaison between the bank and the SBA to ensure consistent compliance with SBA rules and regulations to preserve the SBA guaranty.

Requirements

3+ years of SBA experience
Must have excellent time management and organizational skills with an attention to detail
Exceptional written and verbal communication skills, along with interpersonal and customer service skills
Proficiency using Microsoft Office products

Nice To Haves

servicing and liquidation experience preferred
Bachelor's degree preferred

Responsibilities

Establish and maintain relationships with community bankers, business bankers, SBA team members and Managed Assets Department within Wintrust Community Banks to appropriately service the existing SBA portfolio and ensure continued SBA compliance.
Work with charter banks to evaluate SBA servicing requests using a thorough knowledge of loan policy, guidelines, procedures and SBA standard operating procedures.
Coordinate quarterly SBA problem loan discussions.
When appropriate, prepare credit memorandums documenting servicing approvals.
Be a resource regarding SBA compliance on new loan originations regarding eligibility, closing requirements, etc.
Execute exemplary SBA portfolio management and servicing by maintaining appropriate risk rating on all SBA credits, managing administrative past dues and delinquencies, and keeping documentation exceptions to a minimum.
Assist internal and external SBA audits as the primary contact for Wintrust Bank.
Collaborate with Managed Assets to ensure compliance with SBA’s servicing & liquidation procedures to maximize recovery.