SBA Administration Manager

At Valley Bank, we believe in people's growth potential. We invest in it. We protect it. We focus it. For nearly 100 years, we've been the Bank that clients from every industry turn to for our expertise, strategies, and advice--building the kind of trust that can fuel every goal. We are the leading relationship bank built for growth--with over $60 billion in assets, 3,800 experts, and more than 200 consumer branches and commercial banking offices in communities across the US.

At Valley, we're all driven by an ambition that goes deeper than just having a job. That's why when you work for us, we make it our goal to help you focus on what drives you--working to turn your passions and strengths into assets you can use to propel your ambitions and build the professional legacy you want. Because when we say we're a relationship bank built for growth, that's not just reserved for our clients--that includes all our associates as well.

The position is responsible for expanding and growing the SBA lending 7(a) program along with any pilot or other government guaranteed programs the SBA offers, and the Bank participates in such as PPP. Primarily responsible for oversight of the day to day administration of the programs with the primary objective of ensuring safety and soundness for the Bank's program and to preserve the guarantee.

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Responsibilities Include But Are Not Limited To

• Manage all Administrative aspects of the SBA 7a loan program.
• Manage Administrative team including packaging, closing, funding, post-closing review, post-closing servicing actions and intensive servicing actions.
• Oversight of loan closings to ensure compliance with bank policy, banking regulations and SBA SOP.
• Coordinate with loan operations and portfolio management to provide support for 1502 reporting, secondary market sales, and ongoing servicing requests.
• Write and maintain Valley SBA Guidelines and the Valley SBA Procedural Manual.
• Provide input along with management on the annual SBA Business Plan, budget, and Loan Policies.
• Coordinate audits with internal, third party and SBA Audit authorities.
• Voting member of SBA management team regarding deal approvals at summary and final underwriting; focused on eligibility issues and SOP compliance.
• Primary contact for the SBA on PPP. Manage PPP program Administration process for the Bank for the remainder of the program for forgiveness applications, loan reviews and guarantee purchase.
• Responsible for obtaining and training all affected parties on PPP Servicing Guidelines and determining process for handling defaults, delinquencies, bankruptcies, closed businesses, etc.
• One of two people required to approve a PLP submission and its eligibility.
• Maintain involvement and stay abreast of program changes through numerous sources including NAGGL, Coleman, SBA direct training and other resources. Coordinate with all internal departments, as required, to communicate program requirements and changes.
• Stay actively involved in NAGGL and participate in networking events and opportunities within the SBA industry to maintain contact with peers to exchange information on best practices and evaluate ways to increase efficiency through technology.
• Maintain at least one committee level position with NAGGL.
  
  

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Required Skills

• Full knowledge of current SOP's for Origination, Servicing and Liquidation for information dissemination to the team.
• Excellent customer sales and service skills.
• Excellent verbal, written and presentation skills required to effectively communicate SOP and SBA guideline changes to all levels within the organization.
• Strong analytical/problem solving skills and financial/business acumen.
• Proficiency with SBA Packaging Software.
• Thorough working knowledge of the commercial lending process, credit analysis, management of loan portfolios and all related laws and regulations.
• Proficiency in Microsoft Office (Word, Excel, Outlook, PowerPoint).
  
  

Required Experience

• High school diploma or GED equivalent and a minimum of 7 years' SBA lending and bank operations and management experience.
  
  

Preferred Experience

• Bachelor's degree.
• NAGGL Fundamental Diploma or equivalent or NAGGL Advanced Diploma or equivalent.