SBA Eligibility Review Officer III

Huntington Bancshares - Austin, TX

Full-time

Austin, TX

Management of Companies and Enterprises

About the position

The SBA Eligibility Review Officer III is responsible for reviewing SBA and USDA guaranteed business loans to ensure they meet eligibility requirements and are structured correctly for closing. This role serves as a subject matter expert, providing guidance to sales, underwriting, and closing teams, while managing a pipeline of complex loans up to $5 million.

Responsibilities

• Review SBA & USDA guaranteed business loans for proper structure and eligibility requirements.
• Act as a subject matter expert in SBA servicing procedures and consult on government guaranteed loan programs.
• Maintain an individual pipeline of work with loans of advanced complexity.
• Assess eligibility of borrowers, co-borrowers, and guarantors to ensure enforceability of SBA guarantees.
• Facilitate understanding of SBA and USDA loan programs with internal colleagues.
• Prepare SBA Loan Authorization and ensure compliance with SBA/USDA requirements.
• Review reports and information related to SBA/USDA eligibility requirements.
• Research and resolve complex servicing questions to maintain loan guarantees.
• Advise Financial Recovery Group colleagues on working out and liquidating SBA loans.
• Serve as the main point of contact for commercial loan servicing colleagues regarding SBA loans.
• Assist in training and mentoring new hires in the SBA ERO job families.

Requirements

• Bachelor's Degree and a minimum of 7 years of direct SBA/USDA lending/due diligence experience or 5 years of HNB SBA/USDA lending/due diligence experience.
• Knowledge of SBA Standard Operating Procedures (SOP).
• Ability to document and communicate eligibility conditions clearly.
• Strong organizational skills and attention to detail.
• Ability to work in a fast-paced production environment.
• Excellent verbal and written communication skills.
• Excellent analytical skills and ability to document transaction risks.

Nice-to-haves

• Bachelor's Degree in Finance, Accounting, Business or Economics.
• Knowledge of SBA/USDA loan programs.
• Experience with TSoft and SBA Etran.
• Excellent PC skills including Excel, Word, Outlook, AFS, and Velocity.

Benefits

• Remote workplace flexibility
• Equal opportunity employer
• Tobacco-free hiring practice