JOB SUMMARY: This position is responsible for monitoring of the loan servicing and collection/liquidation functions of NWBDA.

ESSENTIAL JOB FUNCTIONS:

The essential functions of the position include but are not limited to the following:

• General loan servicing/collection procedures to include commercial credit underwriting/documentation;
• Monitoring and timely collection of delinquent loan payments;
• Extensive servicing for problem loans with specific emphasis on Third Party Lender;
• Assist Portfolio Manager with preparation of SBA liquidation submissions to SBA and District Counsel;
• Perform annual, or more frequent if appropriate, financial review and assign appropriate loan grades using current financial statements or using an alternative methodology in the absence of financial statements;
• Thorough documentation of files and preparation of reports as required, including but not limited to delinquency, liquidation, workout, problem and watch loan reporting;
• May assist with servicing requests such as assumptions, subordination requests, and collateral or guarantor releases;
• Performing general secretarial and clerical duties, including typing, copying, scanning, and filing loan documentation, correspondence, memos, letters, etc.; and
• Assisting any and all departments with various tasks relating to each stage of the loan process or operations as needs arise.

ADDITIONAL RESPONSIBILITIES:

• Make recommendations to NWBDA Portfolio Manager for procedural changes to promote efficiencies within the company;
• Attempt to attend all meetings where your presence is requested by management;
• Attempt to attend all training classes/webinars provided by NWBDA that will benefit your current or future positions with NWBDA;
• Assist with other requests or duties as requested by management; and
• Comply with all Northwest Business Development Association’s policies and procedures.

MINIMUM QUALIFICATIONS FOR CONSIDERATION:

• Bachelor Degree in Accounting, Finance, Business, Economics or related field, or equivalent on-the-job training; and
• Two years previous lending experience in areas of Credit Analysis, Special Assists and Liquidation, Loan Documentation, Prudent Lending, SBA Standard Operating Procedures, Loan Regulation Compliance.

KNOWLEDGE, SKILLS, AND ABILITIES:

• Strong proficiency in PC applications including Windows, MS Word, MS Excel;
• Ability to maintain a high degree of confidentiality;
• Good verbal and written communication skills;
• Good team building and interpersonal skills: able to work well with a wide range of people in various positions within the company;
• Strong organizational and time management skills;
• Demonstrate dependability through good attendance and adherence to timelines and schedules;
• Good analytical and problem solving skills;
• Demonstrate resourcefulness and ability to take initiative in development and completion of projects; and
• Strong sense of customer service.

PHYSICAL REQUIREMENTS:

This position is sedentary and requires the following physical activities:

• Sitting for long periods of time; occasional bending, squatting, kneeling, stooping; good finger dexterity and feeling; frequent repetitive motions; talking, hearing and visual acuity; and
• Frequent lifting (up to 25 pounds of paper supplies or minor office equipment).

WORKING CONDITIONS:

Normal office environment.

Job Type: Full-time

Pay: $45,000.00 – $55,000.00 per year

Benefits:

• 401(k)
• 401(k) matching
• Dental insurance
• Employee assistance program
• Health insurance
• Life insurance
• Paid time off
• Tuition reimbursement
• Vision insurance

Physical Setting:

• Office

Schedule:

• 8 hour shift
• Day shift
• Monday to Friday

Supplemental Pay:

• Bonus pay
• Signing bonus

COVID-19 considerations:
Masks are required for all employees and visitors. Common surfaces are sanitized regularly. Office layout allows for a high degree of natural social distancing. Vaccinations are strongly encouraged.

Ability to commute/relocate:

• Spokane, WA: Reliably commute or planning to relocate before starting work (Required)

Application Question(s):

• Are you willing to undergo an employment credit/background checking and FBI Fingerprinting?

Education:

• High school or equivalent (Required)

Experience:

• lending: 2 years (Required)

Language:

• English (Required)

Work Location: One location