Loan Review Managing Consultant

This is a fully remote position, open to applicants in District of Columbia, +2 more states.

📋 Description

• Assist the U.S. Small Business Administration (SBA) Office of Credit Risk Management (OCRM) by conducting thorough evaluations of 7(a) and 504 loan files.

• Examine loan files throughout the origination, servicing, liquidation, and targeted partial review phases to evaluate adherence to SBA Loan Program Requirements.

• Assess loan documentation, pinpoint compliance issues or shortcomings, and document findings in organized work papers and loan file review reports.

• Inventory and assess loan files, extracting and analyzing data from SBA data systems and documentation provided by lenders.

• Identify exceptions that are either correctable or uncorrectable.

• Collaborate directly with SBA Lenders to clarify documentation, address preliminary deficiencies when feasible, and ensure lenders are aware of identified risks and requirements.

• Draft and prepare clear, well-supported written summaries along with both draft and final loan file review reports that detail conditions, criteria, causes, effects, and corrective actions for identified issues.

• Utilize a secure, web-based virtual data warehouse and workflow tracking system to oversee file reviews, maintain work papers, and facilitate status reporting.

• Comply with stringent quality, timeliness, documentation, and data security standards, which include the safeguarding of Personally Identifiable Information (PII) and confidential business data.

• Aid in on-site or remote reviews, engage in quality assurance activities, and contribute to reports provided to the SBA.

⛳️ Requirements

• Must be a U.S. citizen and capable of obtaining and maintaining a federal Public Trust.

• Bachelor's Degree and a minimum of five (5) years of recent experience with SBA 7(a) and/or 504 loans (e.g., as a third-party reviewer, examiner, auditor, underwriter, loan closer, or liquidation specialist); alternatively, nine (9) years of relevant experience in place of a degree.

• At least three (3) years of experience managing teams and promoting staff professional growth.

• Proven ability to train new team members on technical topics and delivery expectations.

• Demonstrated experience in reviewing loan files for compliance, risk assessment, and adherence to regulatory and program requirements.

• Familiarity with SBA Loan Program Requirements, including 13 CFR Parts 103 and 120 and SBA SOPs concerning origination, servicing, liquidation, and lender oversight.

• Strong analytical capabilities to identify, document, and clearly articulate loan file deficiencies and associated risks.

• Experience in preparing detailed work papers, loan file review reports, and written summaries that substantiate defensible conclusions.

• Ability to effectively communicate with SBA personnel and SBA Lenders, including clarifying compliance issues and requirements.

• Exceptional attention to detail, organizational skills, and the capacity to manage multiple file reviews concurrently while meeting deadlines.

• Proficiency in document management systems, workflow tracking tools, and standard Microsoft Office applications (Excel, Word, PowerPoint).

🏝️ Benefits

• Medical, Rx, Dental & Vision Insurance.

• Personal and Family Sick Time & Company Paid Holidays.

• Position may qualify for a discretionary variable incentive bonus.

• Parental Leave and Adoption Assistance.

• 401(k) Retirement Plan.

• Basic Life & Supplemental Life Insurance.

• Health Savings Account, Dental/Vision & Dependent Care Flexible Spending Accounts.

• Short-Term & Long-Term Disability Insurance.

• Student Loan PayDown Program.

• Tuition Reimbursement, Personal Development & Learning Opportunities.

• Skills Development & Certifications.

• Employee Referral Program.

• Corporate Sponsored Events & Community Outreach.

• Emergency Back-Up Childcare Program.

• Mobility Stipend.