What are the responsibilities and job description for the SBA Workout Specialist - Full Time position at IncredibleBank?
JOB REQUIREMENTS: SBA Workout Specialist - Full Time (40 Hrs/Wk)
Location: Remote Employee Type: FT Regular Exempt Contact Information
Name: brittney bierman Email: bbierman@incrediblebank.com Description We
know what you\'re thinking. \"What kind of name is IncredibleBank?\"
Well, we\'re glad you asked. With a name like IncredibleBank, we have a
lot to live up to. Our name is a promise we make every day to our
customers and to our team members (and hey, that could be you!). A
promise that we strive to be incredible in everything we do. A promise
that will help our customers, fellow team members, and our communities
to do the incredible. At IncredibleBank, we\'re all about ICE. What\'s
ICE? ICE stands for Incredible Customer ExperienceTM (that\'s right - an
experience so good and so important we trademarked it). ICE illustrates
the core values that drive everything we do - how we conduct business,
how we treat each other, and how we continuously strive to build on our
model of customer-focused banking. Our core values have been in place
for more than 50 years and continue to influence every aspect of our
operation today. So - how can you help us live up to our name? About the
Role: We are eager to discuss the prospect of you joining our team as
our next incredible team member! This position allows you to partner
with other team members and key stakeholders to provide Incredible
Customer Experiences of your own! Duties and responsibilities may
include: Responsible for managing SBA watch credits within the
portfolio, including early warning and classified credits, as well as
liquidating problem credits. This position requires advanced knowledge
of SBA SOP lending principles, practices, and procedures, along with a
solid understanding of business lending compliance rules and
regulations. Analyzes and reviews watch list business relationships to
identify issues and develop strategies to maximize recovery, reduce
losses, and ensure effective loan restructuring. Collaborates with
senior leadership to provide reports and updates on portfolio issues.
Prepares documentation for SBA repurchase request of loans sold on
secondary market. Underwrites credit actions that maximize credit
quality and minimize risk. Services all types of government-guaranteed
loans to ensure compliance with Bank/SBA policies. Monitors the SBA
portfolio for delinquencies and initiates legal action as necessary.
Completes SBA file reviews and annual reviews on existing SBA watch
credit loans. Prepares loan presentations and cash flow analysis for
servicing requests on SBA watch credit loans. This is a regular
full-time, salaried exempt position, averaging approximately 40
hours/week. Schedule may vary between the hours of 8:00 am to 5:30 pm
CDT Monday through Friday. This position is remote eligible. Individuals
may choose to work from a designated home office space or can work
on-site at one of our IncredibleBank branch locations. About You: You do
what is right over what is easy. You don\'t settle for good enough.
You\'re driven to learn and grow. You recognize your impact on the
customer experience, regardless of your role. Those attributes are just
a few things our incredible employees have in common. And, we\'d be so
excited to learn a little more about you and discuss your interest in
joining our team! Our recommended and preferred qualifications are: A
four-year degree from an accredited University in a related field or a
combination of education and experience related to business lending,
processing and compliance required. 5 years of related experience with
SBA lending preferred. 2 years of SBA workout experience and legal
documentation knowledge required. Experience with Chapter 7, 11, and 13
bankruptcies required. Ability to communicate in a professional manner
via multiple forms of media. Ability to effectively present information
and respond to inquiries in a professional and timely manner. bout Our
Benefits and Compensation: Our promise of ICE extends to our employees
as well. Our employees are our greatest asset, and we strive to show our
appreciation by offering top-tier benefits and, dare we say, more than
competitive compensation that we\'re willing to discuss up front. And we
are constantly evaluating and improving our benefits. In fact, eligible
employees receive over 30 days off per calendar year! That includes 18
days of PTO to begin, PLUS an Anniversary Holiday, Birthday Holiday,
Wellness Holiday, and 12 observed Bank Holidays. Check out our total
rewards package at: https://www.cbmicrosite.com/incrediblebank About the
Company: IncredibleBank first started in 1967 as River Valley Bank with
a single location in Rothschild, WI. And we may have strong roots in
community banking, but IncredibleBank wasn\'t awarded as one of
America\'s Most Innovative Banks by the Independent Community Bankers of
America for our popcorn Fridays. Though we do love free popcorn\... We
strive to stay on the leading edge of banking technology with the goal
providing the best, simplest way for our customers across the country to
do their banking. But if our customers need us, they can pick up the
phone and talk to a real person. And that\'s what makes us America\'s
first national online community bank. And who doesn\'t love the idea of
a national community? Today, IncredibleBank is a \$2.0 billion-asset
institution that has grown to 17 brick-and-mortar locations with
customers in all 50 states. But we know that as an employer, it\'s less
about size than it is about culture. That\'s why we\'re especially proud
to have been certified as a Great Place to Work. Learn more about our
Great Place To Work Engagement Results Here
https://www.greatplacetowork.com/certified-company/7022621 PI286468988
\*\*\*\*\* APPLICATION INSTRUCTIONS: Apply Online:
https://www.click2apply.net/VeLWajHklBAymiwOEuWBnW
Location: Remote Employee Type: FT Regular Exempt Contact Information
Name: brittney bierman Email: bbierman@incrediblebank.com Description We
know what you\'re thinking. \"What kind of name is IncredibleBank?\"
Well, we\'re glad you asked. With a name like IncredibleBank, we have a
lot to live up to. Our name is a promise we make every day to our
customers and to our team members (and hey, that could be you!). A
promise that we strive to be incredible in everything we do. A promise
that will help our customers, fellow team members, and our communities
to do the incredible. At IncredibleBank, we\'re all about ICE. What\'s
ICE? ICE stands for Incredible Customer ExperienceTM (that\'s right - an
experience so good and so important we trademarked it). ICE illustrates
the core values that drive everything we do - how we conduct business,
how we treat each other, and how we continuously strive to build on our
model of customer-focused banking. Our core values have been in place
for more than 50 years and continue to influence every aspect of our
operation today. So - how can you help us live up to our name? About the
Role: We are eager to discuss the prospect of you joining our team as
our next incredible team member! This position allows you to partner
with other team members and key stakeholders to provide Incredible
Customer Experiences of your own! Duties and responsibilities may
include: Responsible for managing SBA watch credits within the
portfolio, including early warning and classified credits, as well as
liquidating problem credits. This position requires advanced knowledge
of SBA SOP lending principles, practices, and procedures, along with a
solid understanding of business lending compliance rules and
regulations. Analyzes and reviews watch list business relationships to
identify issues and develop strategies to maximize recovery, reduce
losses, and ensure effective loan restructuring. Collaborates with
senior leadership to provide reports and updates on portfolio issues.
Prepares documentation for SBA repurchase request of loans sold on
secondary market. Underwrites credit actions that maximize credit
quality and minimize risk. Services all types of government-guaranteed
loans to ensure compliance with Bank/SBA policies. Monitors the SBA
portfolio for delinquencies and initiates legal action as necessary.
Completes SBA file reviews and annual reviews on existing SBA watch
credit loans. Prepares loan presentations and cash flow analysis for
servicing requests on SBA watch credit loans. This is a regular
full-time, salaried exempt position, averaging approximately 40
hours/week. Schedule may vary between the hours of 8:00 am to 5:30 pm
CDT Monday through Friday. This position is remote eligible. Individuals
may choose to work from a designated home office space or can work
on-site at one of our IncredibleBank branch locations. About You: You do
what is right over what is easy. You don\'t settle for good enough.
You\'re driven to learn and grow. You recognize your impact on the
customer experience, regardless of your role. Those attributes are just
a few things our incredible employees have in common. And, we\'d be so
excited to learn a little more about you and discuss your interest in
joining our team! Our recommended and preferred qualifications are: A
four-year degree from an accredited University in a related field or a
combination of education and experience related to business lending,
processing and compliance required. 5 years of related experience with
SBA lending preferred. 2 years of SBA workout experience and legal
documentation knowledge required. Experience with Chapter 7, 11, and 13
bankruptcies required. Ability to communicate in a professional manner
via multiple forms of media. Ability to effectively present information
and respond to inquiries in a professional and timely manner. bout Our
Benefits and Compensation: Our promise of ICE extends to our employees
as well. Our employees are our greatest asset, and we strive to show our
appreciation by offering top-tier benefits and, dare we say, more than
competitive compensation that we\'re willing to discuss up front. And we
are constantly evaluating and improving our benefits. In fact, eligible
employees receive over 30 days off per calendar year! That includes 18
days of PTO to begin, PLUS an Anniversary Holiday, Birthday Holiday,
Wellness Holiday, and 12 observed Bank Holidays. Check out our total
rewards package at: https://www.cbmicrosite.com/incrediblebank About the
Company: IncredibleBank first started in 1967 as River Valley Bank with
a single location in Rothschild, WI. And we may have strong roots in
community banking, but IncredibleBank wasn\'t awarded as one of
America\'s Most Innovative Banks by the Independent Community Bankers of
America for our popcorn Fridays. Though we do love free popcorn\... We
strive to stay on the leading edge of banking technology with the goal
providing the best, simplest way for our customers across the country to
do their banking. But if our customers need us, they can pick up the
phone and talk to a real person. And that\'s what makes us America\'s
first national online community bank. And who doesn\'t love the idea of
a national community? Today, IncredibleBank is a \$2.0 billion-asset
institution that has grown to 17 brick-and-mortar locations with
customers in all 50 states. But we know that as an employer, it\'s less
about size than it is about culture. That\'s why we\'re especially proud
to have been certified as a Great Place to Work. Learn more about our
Great Place To Work Engagement Results Here
https://www.greatplacetowork.com/certified-company/7022621 PI286468988
\*\*\*\*\* APPLICATION INSTRUCTIONS: Apply Online:
https://www.click2apply.net/VeLWajHklBAymiwOEuWBnW