SBADefault Doc Specialist
Talent Software Services
Columbus, OH
Apply
JOB DETAILS
SALARY
$30–$40 Per Hour
JOB TYPE
Full-time, Employee
SKILLS
Analysis Skills, Analytical Chemistry, Artificial Intelligence (AI), Automation, Biotech and Pharmaceutical, CAD/CAM (Computer-Aided Design/Computer-Aided Manufacturing), Chemical Engineering, Chemistry, Clinical Research, Communication Skills, Cross-Functional, Data Analysis, Data Management, Data Quality, Dialysis, Drug Delivery Systems, Drug Development, Experiment Design, Fluorescence Spectroscopy, High Performance Liquid Chromatography (HPLC), High Throughput, Identify Issues, Laboratory, Laboratory Automation, Laboratory Notebook, Maintain Compliance, Nucleic Acid, Organic Chemistry, Performance Management, Pharmaceutics, Presentation/Verbal Skills, Problem Solving Skills, Regulatory Requirements, Reporting Skills, Research & Development (R&D), Research Contracts, Safety Compliance, Safety Standards, Scientific Research, Team Player, UV/VIS (Ultraviolet-Visible Spectroscopy), Writing Skills
LOCATION
Columbus, OH
POSTED
29 days ago
Job Summary: Talent Senior ServiceNow Developer is in search of a SBADefault Doc Specialist for a contract position that can be worked 100% remotely. The opportunity will be six months with a strong chance for a long-term extension.
Position Summary: The SBA Liquidation Specialist is responsible for managing the end-to-end documentation process for defaulted SBA 7(a) and 504 loans. This role ensures that all actions taken during the "workout " and liquidation phases—such as collateral sales, site visits, and litigation—are meticulously documented according to the latest SBA Standard Operating Procedures (SOP) to mitigate the risk of a "repair " or denial of the SBA guaranty. SBA Liquidation Specialist or SBA Default Documentation Specialist focuses on preparing the "Universal Purchase Package " (UPP) and "Wrap-up Reports " to ensure the lender recovers its guaranty from the Small Business Administration (SBA).
Primary Responsibilities/Accountabilities:
- Universal Purchase Package (UPP) Preparation: Assemble and review the comprehensive package required for the SBA to honor its guaranty, including the original note, personal guaranties, and collateral documents.
- Liquidation Reporting: Submit mandatory monthly status reports (Code 5) and quarterly liquidation reports to the SBA.
- Site Visit Documentation: Conduct or coordinate site visits within 60 days of default to inventory assets and assess collateral value, producing a detailed Site Visit Report.
- Compliance Monitoring: Ensure all liquidation actions align with the SBA Servicing and Liquidation Matrix to determine which actions require prior SBA approval.
- Litigation & Workout Support: Draft and track litigation plans for non-routine legal actions and maintain the "Loan Action Record " for all workouts.
- Wrap-up & Charge-off: Prepare the final Wrap-up Report within 30 days of completing liquidation to facilitate the final charge-off and referral to the U.S. Treasury for further collection.
Qualifications:
- Experience: 3–5 years in SBA loan servicing, liquidation, or commercial loan workout.
- Technical Knowledge: Deep understanding of SBA SOP 50 57 (Liquidation) and SOP 50 10 (Lending).
- Skills: Proficiency in financial statement analysis, UCC filing/searches, and asset valuation.
- Education: A bachelor's degree in Finance, Business, or Accounting is preferred.
- Certification: NAGGL (National Association of Government Guaranteed Lenders) certification is a significant asset.
If this job is a match for your background, we would be honoured to receive your application!
Providing consulting opportunities to TALENTed people since 1987, we offer a host of opportunities, including contract, contract to hire, and permanent placement. Let's talk!
About the Company
T