Senior Small Business Administration Servicing Specialist
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Senior+
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Description About Northwest Bank Northwest Bank serves the business and professional communities of Idaho, Oregon, Utah, and Washington. We were founded in 2008 on the idea that experience and exceptional service matter …
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Full-time
high school, associate degree
Posted 2d ago
~40 hrs/week
Responsibilities
The Senior SBA Servicing Specialist manages the full lifecycle of SBA loan products, ensuring regulatory compliance and accurate reporting. They perform quality control reviews, process loan modifications, and reconcile general ledger accounts to mitigate portfolio risk.
Requirements
The role requires advanced knowledge of SBA regulations, loan documentation, and servicing systems. Candidates should ideally possess 8-12 years of commercial or SBA loan experience and strong customer service skills.
Full job description
OH0713 NW Bancshares HQ
Job Description
The Senior SBA Servicing Specialist is responsible for the full life of loan servicing of Small Business Administration (SBA) loan products, including SBA 7(a), SBA Express, SBA CAPLines, and SBA 504 loans. This role performs complex post closing, servicing, reporting, and compliance functions that are critical to preserving the SBA guarantee, mitigating portfolio risk, and ensuring regulatory adherence.
The Senior Specialist serves as a subject matter resource for SBA servicing requirements, exercising independent judgment within established policies and procedures. The position requires advanced knowledge of SBA regulations, loan documentation, and servicing systems, as well as the ability to manage high volume, time sensitive work while consistently delivering a high level of internal and external customer service.
Essential Functions
Perform comprehensive post funding and prebooking quality control reviews for SBA loans, ensuring accuracy, completeness, and compliance prior to boarding to the core system
Process and oversee specific multi-disbursement loan files to meet customer needs and bring to final funding
Prepare and process payoff quotes and payoff transactions
Respond to customer inquiries with exemplary customer service in the established timeframe
Process loan modifications
Reconcile GL Accounts specific to business line needs
Process third party invoices to ensure prompt payment
Process and oversee payments to SBA.gov, including guaranty fees, subsidy fees, and other required remittances
Assist and prepare documentation for secondary market sales
Monitor and reconcile reports as they apply to SBA Loans and perform follow-up as necessary with internal and external business partners
Perform all post-closing servicing functions and tracking for Small Business Administration (SBA) guaranteed loans
Ensure total document and data integrity attributes to comply with SBA CAFS, Credit Approval, and Documents
Assist with and monitor delinquent insurance, financial, and collateral ticklers
Complete work to meet the established service level agreements and benchmarks
Post-close accurate lien position, including recording and releasing collateral within the established timeframe, escalating concerns to management
Maintain and update SBA CAFS and E Tran systems, ensuring all servicing actions, loan status changes, and required data fields are accurate, timely, and aligned with SBA reporting standards
Responsible for daily balancing and assisting with the reconciliation of General Ledger accounts
Provide support for testing new products and services
Serve as point person for gathering audit data requested by management
Monitor and prepare loan packages for SBA 504 debenture take outs, coordinating with CDCs, internal teams, and external partners
Assist in physical vault file document collection
Month End Reporting includes 1502 reporting and misc. internal reports
Provide administrative support to Portfolio Managers and Loan Closing Originators
Research and correct errors as applicable
Prepare and submit SBA 1502 reports, reconcile discrepancies, and research variances to ensure accurate remittance of principal, interest, and guaranty fees.
Monitor and resolve SBA exception reporting, including payment discrepancies, status errors, and system generated alerts.
Monitor SBA servicing related reports and coordinate follow up with Accounting, Commercial Operations, and external partners as needed.
Education and Experience
High school diploma preferred
Associate’s degree preferred
5-6 years of customer service experience preferred
8-12 years of Commercial or SBA loan experience preferred
Northwest is an equal opportunity employer. We are committed to creating an inclusive environment for all employees.
Northwest Bank is a privately held community bank dedicated to serving the unique needs of businesses across Washington, Oregon, Idaho, and Utah. Our experienced bankers provide customized financial solutions paired with exceptional customer service built on relationships, responsiveness, and trust.
We believe banking works best as a partnership. That starts with taking the time to understand your business, goals, and long-term vision. From there, we develop tailored solutions designed to support your success — and remain alongside you every step of the way.
Trust and financial strength matter when choosing a banking partner. Northwest Bank is recognized as one of the best-capitalized banks in the nation and has earned 5-Star “Superior” ratings from both BauerFinancial® and Bankrate.com’s Safe and Sound® ratings service.
Founded in 2008, Northwest Bank serves clients throughout the Boise, Coeur d'Alene, Portland, Seattle, and Salt Lake City metropolitan markets.
Northwest Bank: Experienced Bankers. Exceptional Service. Creative Solutions.
Member FDIC
Equal Housing Lender
Offices: 1750 West Front St. Suite 150, Boise, ID 83702, US · 1745 W. Tilford Lane, Coeur d'Alene, ID 83814, US · 4900 Meadows Rd. Suite 410, Lake Oswego, OR 97035, US · 925 4th Avenue, Suite 100, Seattle, WA 98104, US · 6985 S Union Park Center, Cottonwood Heights, Utah 84047, US
Commercial & Industrial LendingCommercial Real Estate LendingTreasury ManagmentProperty ManagementMedical & DentalHOAProfessional ServicesHomeowners AssociationEscrowOpportunity Zone Funds
Northwest Bank is a privately held community bank dedicated to serving the unique needs of businesses across Washington, Oregon, Idaho, and Utah. Our experienced bankers provide customized financial solutions paired with exceptional customer service built on relationships, responsiveness, and trust.
We believe banking works best as a partnership. That starts with taking the time to understand your business, goals, and long-term vision. From there, we develop tailored solutions designed to support your success — and remain alongside you every step of the way.
Trust and financial strength matter when choosing a banking partner. Northwest Bank is recognized as one of the best-capitalized banks in the nation and has earned 5-Star “Superior” ratings from both BauerFinancial® and Bankrate.com’s Safe and Sound® ratings service.
Founded in 2008, Northwest Bank serves clients throughout the Boise, Coeur d'Alene, Portland, Seattle, and Salt Lake City metropolitan markets.
Northwest Bank: Experienced Bankers. Exceptional Service. Creative Solutions.
Member FDIC
Equal Housing Lender
Offices: 1750 West Front St. Suite 150, Boise, ID 83702, US · 1745 W. Tilford Lane, Coeur d'Alene, ID 83814, US · 4900 Meadows Rd. Suite 410, Lake Oswego, OR 97035, US · 925 4th Avenue, Suite 100, Seattle, WA 98104, US · 6985 S Union Park Center, Cottonwood Heights, Utah 84047, US
Commercial & Industrial LendingCommercial Real Estate LendingTreasury ManagmentProperty ManagementMedical & DentalHOAProfessional ServicesHomeowners AssociationEscrowOpportunity Zone Funds