Eligibility Review Officer III

SBA Eligibility Review Officer III

Location: Columbus, OH; Chicago, IL; Detroit, MI; Dallas, TX; Toledo, OH
Work Arrangement: May qualify for flexible work arrangements combining in-office and work-from-home schedules
Employment Type: Full-time
Salary: $70,000–$140,000 annually
Overtime Status: Exempt (not eligible for overtime pay)

Job Description

Summary:

The SBA Eligibility Review Officer III is responsible for reviewing SBA and USDA guaranteed business loans to determine proper structure and ensure loan closes in accordance with SBA and USDA eligibility requirements.

Duties and Responsibilities:

• Serves as the subject matter expert in SBA Servicing procedures and acts as a consultant on government guaranteed loan programs to sales, underwriting, and closing colleagues throughout the HNB markets.

• Maintains an individual pipeline of work, with loans typically of advanced complexity and customer exposure up to $5 million.

• Appropriately assesses eligibility of borrowers, co-borrowers, and guarantors, assuring that, if needed, the SBA guarantee can be enforced.

• Interacts with internal SBA Sales and Operations colleagues to facilitate understanding of SBA and USDA guaranteed loan programs, understand credit requests, obtain necessary eligibility information, and communicate eligibility decisions and reasoning.

• Reviews use of proceeds, orders SBA numbers, prepares SBA Loan Authorizations and other SBA forms, and ensures loans meet all SBA and USDA requirements.

• Reviews reports and information received regarding SBA and USDA eligibility requirements to determine whether the terms and conditions of SBA credit approvals will be met. This includes reviewing franchise agreements, purchase agreements, bank notes, and business plans.

• Researches and resolves complex servicing questions from the SBA and internal personnel to ensure the guaranty can be maintained.

• May advise Financial Recovery Group colleagues on properly working out, liquidating, and litigating SBA loans. May also be required to submit final wrap-up reports to the SBA once resolution has been made.

• May serve as the main point of contact for commercial loan servicing colleagues to ensure proper accounting and reporting of all SBA loans (1502 Report).

• Assists with training and mentoring new hires and provides support for the SBA ERO I and SBA ERO II job families.

• Performs other tasks as needed to support the line of business and job family.

• Other duties as assigned.

Basic Qualifications:

- Bachelor's degree and five years of HNB SBA/USDA lending and due diligence experience, or a minimum of seven years of direct SBA/USDA lending and due diligence experience.

Preferred Qualifications:

• Bachelor's degree in Finance, Accounting, Business, or Economics.

• Knowledge of SBA Standard Operating Procedures (SOP).

• Ability to clearly document and communicate eligibility conditions to close in accordance with SBA Standard Operating Procedures.

• Ability to work in a fast-paced production environment.

• Strong organizational skills, attention to detail, and ability to multitask.

• Demonstrates confidence, assertiveness, professionalism, and ability to interact with all levels within the organization.

• Knowledge of SBA and USDA loan programs.

• TSoft and SBA E-Tran experience preferred.

• Excellent computer skills, including Excel, Word, Outlook, AFS, and Velocity.

• Excellent verbal and written communication skills to provide exceptional customer service to internal and external customers.

• Excellent analytical skills and ability to write concisely and logically to document transaction risks and mitigants.

Workplace Information:

Although the position is classified as office-based, Huntington notes that certain positions outside its branch network may qualify for flexible work arrangements combining in-office and work-from-home schedules. The specific arrangement must be confirmed with the hiring team.

Compensation and Benefits:

The annual compensation range is $70,000–$140,000. Actual compensation depends on location, experience, education, and other factors. Eligible employees may participate in an incentive compensation plan.

Benefits include:

• Health insurance

• Wellness programs

• Life and disability insurance

• Retirement savings plan

• Paid leave programs

• Paid holidays

• Paid time off (PTO)

Equal Employment Opportunity:

Huntington is an Equal Opportunity Employer and maintains a tobacco-free hiring practice.