SBA Specialist

Position Summary/Purpose: 
Minnwest is seeking an individual for a full-time SBA Specialist position at our St. Cloud location. Other branch locations will be considered. Assist SBA Department and Loan Officers in the fulfillment of the department’s responsibilities. Perform various administrative functions necessary to meet goals and maintain good standing with SBA regulators. Specific duties may vary slightly depending on SBA department business needs. 

Your team will support the entire bank and you will frequently work with commercial bankers and customers in other locations. As such, effective communication and collaboration skills are required. This includes professional phone etiquette, good grammar and writing skills, and the effective use of remote collaboration tools (like screen sharing, video conferencing, and chat) to quickly solve issues and enable a great customer experience. 

This position is the embodiment of Minnwest’s four core values: (1) the customer is our FIRST priority, (2) we will keep all the commitments we make, (3) we are the people who get things done, (4) we will work together as a team. 

Duties and Responsibilities:

• Track and monitor SBA loan servicing requests
• Proficiently generate documentation needed to support the servicing request
• Make changes to the bank's core system & SBA system when necessary.
• Correct loan transactions as needed. 
• Process monthly 1502 report and other reports for compliance with SBA.
• Answer routine telephone and mail inquires.
• Maintain a working knowledge of the loan operating system. 
• Maintain a working knowledge of SBA’s Standard Operating Procedures & policy updates. 
• Knowledge of regulatory requirements and ability to consistently apply this knowledge to daily processes. 
• Advise Minnwest Bankers and Banking Assistants on SBA requirements for servicing SBA loans. 
• Assist in audit and post-close review of loans closed as requested throughout the year. 
• Monitor SBA and NAGGL for any new SBA issues and policy changes.

• 3 Medical Plans
• Dental
• Vision
• Bank Paid Basic Life, AD&D, Short-term and Long-term Disability Insurance, and Paid Parental Leave
• Voluntary Life & AD&D Insurance
• Critical Illness Insurance
• Accident Insurance
• Paid Holidays
• Competitive PTO 
• 401k with Employer Match
• Employee Stock Ownership Plan (ESOP)
• Employee Assistance Program (EAP)
• Paid Bonus Program for Universal Bankers when the different levels of training have been completed and proficient in tasks

Preferred Qualifications:

• Bachelor’s degree in Business Administration, Finance, Accounting or related field
• Experience in SBA origination, processing, post-closing, servicing, and liquidation
• Experience with LaserPro or Sageworks
• NAGGL certification
• Strong attention to detail
• Capability to coordinate multiple and changing tasks/priorities 
• Advanced knowledge of commonly used concepts, practices, and procedures from within the SBA department 
• Advanced knowledge of loan documentation, systems, and financial statement requirements for SBA loans 
• Advanced knowledge of SBA SOP and a good understanding of legislation and regulatory environment of the banking industry
• Excellent written and verbal communication skills enabling interaction with all levels of employees and customers. 
• Ability to think strategically and foster high ethical standards in executing on the bank’s purpose, mission, values, and goals. 
• Ability to recognize and act on problems 
• Ability to understand and gather customer needs to inform recommendations 
• Ability to gain trust of internal and external stakeholders and a sense of urgency to meet customer needs

Workplace Environment: Work indoors in a standard office environment. Occasional lifting up to 50 lbs. May involve traveling for training or meetings.

A full background check including federal, state, county, and civil will be conducted on the final candidate for the position. Candidate must pass the background check and financial credit check in order to obtain employment with Minnwest. Failure to meet any of the requirements may result in a rescission or your offer of employment.

AA/EOE