BBVA Compass

  • SBA Loan Specialist II-III

    Job ID
    FLSA Status
    EOE Statement
    Equal Opportunity Employer - Minority/Female/Disability/Veterans.
  • Overview

    At BBVA, we are working to make banking better for everyone. That is where you come in. We are looking for smart, team oriented people who want to be part of a first-class workforce that gives people the tools they need to meet their financial goals, all while delivering an outstanding client experience. Learn more below.


    Support the day-to-day Loan Documentation and Funding control (LD&FC) activities for the Bank’s SBA closing division.  This position will be responsible for processing servicing request from internal or external customers.   Preparing loan  packages for audit and scanning according to the bank and SBA standards.  Reviewing documentation received by customers  or 3rd parties to ensure accuracy for clearing ticklers which will include financial information, hazard insurance coverage and lien documents.


    Key Responsibilities:

    • Track Financial Covenant Ticklers as required by Credit Risk Management.
    • Track expiring tickler items and follow-up with Borrowers, Guarantors or Agent
    • Track cancellations on Life or Disability Insurance contacting Borrower, Guarantor or agent for resolution
    • Gather and review documents required by Internal/Federal/SBA Auditors
    • Process servicing actions as approved by credit risk. May include preparing release of collateral upon receipt of funds to pay down loan, substitution of collateral, preparing subordination, etc.
    • Process requests received in group mailbox, daily mail or fax machine on every Friday. Requests may include copies of documents, updating ticklers in Loan Manager,  loan research, etc.
    • Process documentation to support security interest in collateral
    • Forward the following lien documents for recording on new loans closed/booked to the appropriate governing office for recording
    • Review SBA loan file after closing to assure outstanding items noted from the pre-close review are obtained and meet compliance
    • Enter servicing tickler into Loan Manger the system of record
    • Review Search to Reflect to verify collateral lien position
    • Prepare file for imaging/importing
    • Process collateral releases for recording, includes preparing cashiers check to pay for the recording fees. Forward the releases to the appropriate governing office for recording the release.


    • High School Graduate or GED
    • 2-3 years experience in two or more of these areas is highly desired – legal, loan closing, loan administration, loan documentation, loan review, audit or compliance.
    • 2-3 years knowledge/experience in perfection of liens on real estate collateral
    • Efficiency, attention to detail, accuracy, ability to work well with others and being a team player are crucial requirements for this position.
    • Must be able to communicate effectively and professionally with management, peers, and customers


    Desired Qualifications:

    • SBA Lending Experience
    • Ability to handle stress and prioritize multiple tasks while meeting time-sensitive deadlines.
    • Focus on meeting strict deadlines while maintaining a high level of accuracy.


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