SBA Special Assets Officer

Job Summary

Experienced in managing SBA loan liquidations, the full-time hybrid SBA Special Assets Officer will oversee a portfolio of defaulted SBA loans throughout the liquidation lifecycle, coordinating judicial foreclosures and collaborating with legal counsel to maximize recoveries.

Key responsibilities

• Manage a portfolio of defaulted SBA loans, directing liquidation strategies and overseeing foreclosure proceedings
• Evaluate collateral positions and negotiate loan workouts, modifications, and settlements to optimize recovery efforts
• Prepare and submit SBA-required documentation while ensuring compliance with regulations and maintaining detailed loan records

Required qualifications

• Bachelor's degree in Business Administration, Finance, Accounting, Legal Studies, or related field preferred
• 5+ years of experience in SBA loan liquidations, special assets, or commercial collections
• Extensive knowledge of SBA 7(a) loan servicing and liquidation requirements
• Strong understanding of judicial foreclosures involving commercial real estate and related legal processes
• Proficiency with loan servicing systems and Microsoft Office Suite