SBA Pre/Post Closing Auditor

Regions Bank•Hoover, AL

12d•Remote

About The Position

At Regions, the SBA Portfolio Management Analyst is responsible for providing proactive credit servicing and management of servicing actions, from booking and funding through on-going servicing for the Regions SBA Portfolio. This position serves as the on-going and final evaluation point for SBA loans, reviewing loan terms and conditions, completing SBA guaranty evaluations, financial statement spreading, Global Cash Flow spreading, and SBA Guaranty Request Package’s along with the coordination of SBA Servicing Center decisions. The SBA Portfolio Management Analyst will execute various credit servicing activities, including tickler management, updating borrower and global spreads, and formal documentation of Ongoing Monitoring and Periodic Assessment actions. This role focuses on ensuring adherence to Small Business Administration (SBA) regulations through comprehensive loan quality control and compliance reviews. It involves verifying the accuracy and completeness of SBA loan documentation, along with all related loan documents, prior to closing, and confirming that the final loan approval aligns with the SBA Terms and Conditions sheet. Additionally, the role confirms that all conditions for the SBA guarantee were met post-closing to protect the loan guarantee from potential denial or repair. Conducted by the SBA Portfolio Management Analyst, these reviews help identify deficiencies in the loan file, such as issues with collateral, documentation, or loan terms, which could jeopardize the SBA guarantee and lead to financial losses for the bank. Key objectives include identifying and resolving any errors or documentation discrepancies to prevent post-closing amendments and exceptions. This position is also currently offsite outside of Birmingham and associates will work from their home primarily. They may be expected to go on site for meetings or other events as needed.

Requirements

Bachelor's degree in Accounting, Finance, or related field
Two (2) years of SBA experience, commercial loan underwriting, financial analysis or portfolio management experience
Ability to identify and voice issues
Ability to prioritize and operate with a sense of urgency
Ability to work collaboratively with multiple stakeholders
Organized, detail-oriented, and able to multi-task
Strong analytical and problem solving skills
Strong verbal and written communication skills

Responsibilities

Manages an assigned portfolio of SBA loan accounts.
Services loans including, but not limited to annual review of loans, loan modifications, quarterly problem asset reports on loans not transferred to a workout specialist, SBA Viability Reviews, SBA Litigation / Liquidation Packages and SBA Guaranty Request packages for submission to SBA
Manages relationship portfolio risk by utilizing a broad group of business and commercial sources
Collaborates with business development and the customer to gain the necessary documents to analyze the credit request and deliver a credit memo on a timely basis
Applies a full understanding of the SBA Standard Operating Procedures (SOP), SBA Loan Servicing and Liquidation Procedures (SOP 50 57 2) and Servicing and Liquidation Actions Lender Matrix
Serves as SBA liaison for the PAM Group to remain in SBA compliance on relationships transferred to workout specialists
Prepares ongoing monitoring packages and periodic assessment packages
Evaluate and approve draw requests, ensuring that all required documentation is submitted and acceptable, per Regions' and SBA loan policy guidelines
Analyzes deal memo to ensure key SBA criteria such as credit elsewhere, equity injection, nature of the business & request, etc. are appropriately addressed
Spreads borrower interim and year-end financial statements and prepares Global Cash Flow Spreads and analyzes guarantor financial information
Prepares certain sections and appendices of Credit Approval Packages and coordinates with closing team to approve post-decisioning required underwriting documentation
Uses insight as initial point of deal evaluation to identify trends that may result in further evaluation of processes and/or training needs