SBA Eligibility Review Officer I - Onsite: Huntington Markets

Huntington Bancshares Inc•Covington, KY

44d•Onsite

About The Position

Huntington Bank is looking for an SBA Eligibility Review Officer I. Duties & Responsibilities: Maintains an individual pipeline of work, with loans typically having customer exposure up to $1 million. Appropriately assess eligibility of borrower(s), co-borrower(s), guarantor(s) assuring that, if needed, the SBA guarantee can be enforced. Interacts with the internal SBA Sales and Operations colleagues to facilitate understanding of the SBA and USDA guaranteed loan programs as well as to understand the credit request, obtain necessary eligibility information, and communicate eligibility decision and reasoning. Reviews use of proceeds, orders SBA Number, prepares SBA Loan Authorization and other SBA forms and is responsible for ensuring the loan meets all SBA/USDA requirements. Reviews all reports and information received with respect to SBA/USDA eligibility requirements to determine if terms and conditions of the SBA credit approval will be met. This includes review of franchise agreements, purchase agreements, bank notes, and business plans. Researches and resolves servicing questions from the SBA and internal personal to ensure the guaranty can be maintained. May be asked to advise Financial Recovery Group (FRG)) colleagues in properly working out, liquidating, and litigating SBA loans. May also be required to submit final wrap up reports to the SBA once resolution has been made. May serve as main point of contact to commercial loan servicing colleagues to ensure proper accounting and reporting of all SBA loans (1502 Report). Performs other tasks as needed to support the line of business and job family.

Requirements

Bachelor's Degree and 1 year of direct SBA/USDA lending/due diligence experience
In lieu of a Bachelor's Degree, a minimum of 3 years of direct SBA/USDA lending/due diligence experience

Nice To Haves

Bachelor's degree in Finance, Accounting, Business or Economics
Knowledge of the SBA Standard Operating Procedures (SOP).
Ability to clearly document and communicate eligibility conditions to close in accordance with the SBA Standard Operating Procedures.
Good interpersonal skills and the ability/desire to work in a fast-paced production environment are critical to be successful in this role.
Ability to multi-task.
Knowledge of SBA/USDA loan programs.
TSoft and SBA Etran experience are preferred.
Excellent PC skills to include Excel, Word, Outlook, AFS and Velocity.

Responsibilities

Maintains an individual pipeline of work, with loans typically having customer exposure up to $1 million.
Appropriately assess eligibility of borrower(s), co-borrower(s), guarantor(s) assuring that, if needed, the SBA guarantee can be enforced.
Interacts with the internal SBA Sales and Operations colleagues to facilitate understanding of the SBA and USDA guaranteed loan programs as well as to understand the credit request, obtain necessary eligibility information, and communicate eligibility decision and reasoning.
Reviews use of proceeds, orders SBA Number, prepares SBA Loan Authorization and other SBA forms and is responsible for ensuring the loan meets all SBA/USDA requirements.
Reviews all reports and information received with respect to SBA/USDA eligibility requirements to determine if terms and conditions of the SBA credit approval will be met. This includes review of franchise agreements, purchase agreements, bank notes, and business plans.
Researches and resolves servicing questions from the SBA and internal personal to ensure the guaranty can be maintained.
May be asked to advise Financial Recovery Group (FRG)) colleagues in properly working out, liquidating, and litigating SBA loans. May also be required to submit final wrap up reports to the SBA once resolution has been made.
May serve as main point of contact to commercial loan servicing colleagues to ensure proper accounting and reporting of all SBA loans (1502 Report).
Performs other tasks as needed to support the line of business and job family.