SBA Loan Specialist

Celtic Bank • Salt Lake City, UT

2d

About The Position

Celtic Bank’s Special Assets Division is seeking an SBA Loan Specialist to serve its Small Business Administration commercial loan portfolio. The primary responsibility is preparing Guaranty repurchase requests in accordance with SBA procedures for requesting and honoring the SBA loan Guaranty program. The role involves communicating with internal Bank teams to prepare and analyze requests and recover Guaranties from the SBA on defaulted loans. Gathering and analyzing documentation is a major function. The position may also support other SBA-related activities and assigned tasks and projects.

The role operates in a professional office environment and uses standard office equipment. Work is either fully onsite or hybrid. Utah-based employees may be eligible for a hybrid schedule after an initial training period in the Salt Lake City office; eligibility depends on department and job requirements. Employees may be required to travel to the Salt Lake City office for mandatory company meetings, events, or related occasions.

Requirements

• Previous SBA and/or lending experience is preferred.
• Be detail-oriented and have excellent interpersonal, organizational, and verbal and written communication skills.
• Ability to problem-solve and work independently.
• Ability to prioritize and support various activities simultaneously.
• Ability to thrive in a deadline-driven environment.
• Strong technical skills, including Microsoft Office, web-based applications, and SharePoint/OneDrive.
• Ability to adapt to changing department priorities while remaining attentive to daily demands.
• Ability to learn quickly, adapt to new processes, and work collaboratively.
• Ability to establish and maintain effective working relationships.
• Must be able to read, write, and understand fluent English.

Nice To Haves

• Four-year or undergraduate degree strongly preferred.

Responsibilities

• Gather, review, and analyze loan documentation needed for SBA packages.
• Prepare SBA packages, including Universal Purchase Packages, Care and Preservation of Collateral tabs, Charge off tabs, and Liquidation Deadline requests.
• Prepare Wrap Up reports, memos, and justifications for certain loan actions.
• Review completed SBA packages prepared by other team members for quality control.
• Prepare responses to SBA questions related to submitted requests.
• Correspond and work with third-party resources, such as attorneys, appraisers, and site inspectors, to gather data.
• Perform other Small Business Administration-related tasks as assigned.
• Complete other assigned tasks and projects, including mail processing and distribution, Form 172 completion and remission of post-default recovery payments, bankruptcy correspondence and related tasks, liquidation activity, vendor payment processing, and monthly or quarterly report generation and presentation.

Benefits

• Medical, dental, and vision coverage.
• 401(k) with employer match.
• Life and long-term disability coverage.
• HSA and FSA plans.
• Holidays and paid time off.
• Wellness program, including catered meals three times a week, lunch-and-learns, and an onsite gym.

What This Job Offers

• Job Type: Full-time
• Education Level: No Education Listed