Small Business Administration (SBA) Compliance Manager
Wintrust Financial Corporation · Cook County, IL · 3 wk ago
Administrative$85k–$125k/yrFull-time
Responsibilities
- Establish and maintain relationships with community bankers, business bankers, SBA team members and Managed Assets Department within Wintrust Community Banks to appropriately service the existing SBA portfolio and ensure continued SBA compliance.
- Work with charter banks to evaluate SBA servicing requests using a thorough knowledge of loan policy, guidelines, procedures and SBA standard operating procedures.
- Cook up quarterly SBA problem loan discussions.
- When appropriate, prepare credit memorandums documenting servicing approvals.
- Be a resource regarding SBA compliance on new loan originations regarding eligibility, closing requirements, etc.
- Execute exemplary SBA portfolio management and servicing by maintaining appropriate risk rating on all SBA credits, managing administrative past dues and delinquencies, and keeping documentation exceptions to a minimum.
- Aid internal and external SBA audits as the primary contact for Wintrust Bank.
- Collaborate with Managed Assets to ensure compliance with SBA’s servicing & liquidation procedures to maximize recovery.
Qualifications
- 3+ years of SBA experience; servicing and liquidation experience preferred
- Bachelor's degree preferred
- Must have excellent time management and organizational skills with an attention to detail
- Exceptional written and verbal communication skills, along with interpersonal and customer service skills
- Proficiency using Microsoft Office products
Benefits
- Medical Insurance
- Dental
- Vision
- Life insurance
- Accidental death and dismemberment
- Short-term and long-term Disability Insurance
- Parental Leave
- Employee Assistance Program (EAP)
- Traditional and Roth 401(k) with company match
- Flexible Spending Account (FSA)
- Employee Stock Purchase Plan at 5% discount
- Critical Illness Insurance
- Accident Insurance
- Transportation and Commuting Benefits
- Banking Benefits
- Pet Insurance
Compensation
The estimated salary range for this role is $85,000 - $125,000, along with eligibility to earn an annual bonus. Actual salaries may vary based on several factors, such as a candidate’s qualifications, skills, and experience.