SBA Foreclosure & Liquidation Officer

Reposted Yesterday
Be an Early Applicant
Memphis, TN, USA
In-Office
Mid level
Fintech • Software • Financial Services
The Role
The SBA Foreclosure & Liquidation Officer manages SBA loans in default, overseeing foreclosure processes and ensuring compliance with reporting requirements.
Summary Generated by Built In

Job Description:

The SBA Foreclosure & Liquidation Officer will work closely with the SBA Loan Servicing Manager and all members of the SBA Servicing team to effectively manage and report on loans in the SBA Division portfolio that have defaulted. The SBA Foreclosure & Liquidation Officer must be able to effectively manage their time to ensure that all default/foreclosure and liquidation timetables are completed.

Main Job Tasks & Responsibilities:

  • Manage a specific portion of the Evolve SBA portfolio.
  •  UPP Tab submissions for all loans that are in liquidation.
  • Handle foreclosure process and collateral evaluation and sales.
  • Review of UCC and other lien searches.
  • Ensure all SBA reporting requirements are timely and current.
  • Monitor SBA Reports to ensure accuracy.
  • Assist Manager with special projects.
  • Go to foreclosed sites to ensure proper shut-down and property removal.
  • Work closely with attorneys to ensure compliance and completion of foreclosure process.
  • Manage agreements and modifications with Borrowers and SBA when applicable.
  • Other duties as assigned.

Education & Experience:

  • Bachelor’s degree preferred.
  • Experience with Microsoft Word, Excel, Outlook and related software applications.
  • Strong SBA background in foreclosure & liquidation.
  • Accounting, Underwriting, analytical experience preferred.

Key Competencies:

  • Good verbal and written communication skills.
  • Well organized; ability to multitask; attention to detail.
  • Ability to prioritize and work well under pressure.
  • Must be able to work in a team environment and adapt to change.
  • Ability to manage multiple projects and deadlines simultaneously in a fast-paced environment, high production, professional environment.


Equal Opportunity Employer
This employer is required to notify all applicants of their rights pursuant to federal employment laws. For further information, please review the Know Your Rights notice from the Department of Labor.

Top Skills

Excel
Microsoft Outlook
Microsoft Word
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The Company
HQ: Memphis, Tennessee
528 Employees
Year Founded: 1925

What We Do

For a hundred years, Evolve Bank & Trust has been dedicated to delivering superior financial services. From our roots in Personal and Business Banking & Lending to our work as pioneers in the Banking-as-a-Service (“BaaS”) provider space, Evolve is recognized as a global leader. Nacha named Evolve a Top 50 ACH Originator, and Tearsheet named Evolve Partner Bank of the Year. Evolve has been voted a Top Workplace every year since 2013 and ranked on Inc. Magazine’s 5000 List of the fastest-growing private companies. Member FDIC. Equal Housing Lender. NMLS# 509256

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