Junior Portfolio Assistant

Penbrothers; Makati; On-site; PHP 400,000 - 600,000; Full time

Job summary

A leading company is seeking a detail-oriented Junior SBA Portfolio Assistant to support their Servicing team. This role involves managing SBA loan portfolios, ensuring compliance, and assisting with various servicing processes. The ideal candidate will have a bachelor's degree in Business or Finance and experience in the banking industry.

Qualifications

• 2-4 years of experience in the banking industry, preferably with lending, credit risk, and portfolio management experience.
• SBA experience is preferred but not required.
• Strong organizational skills and keen attention to detail.

Responsibilities

• Conduct post-closing reviews on SBA loan files and ensure compliance.
• Monitor and maintain SBA loan portfolios, tracking financials and compliance requirements.
• Work closely with the Portfolio Manager to generate reports for senior management.

Skills

Organizational skills

Attention to detail

Communication skills

Time management

Teamwork

Independence

Education

Bachelor’s degree in Business, Accounting, or Finance

Tools

Microsoft Office Suite

Job description

About Penbrothers

Penbrothers is an HR & remote talent management partner and one of the fastest growing companies in the Philippines. We provide talented Filipinos with global opportunities in high-growth startups and dynamic companies, from the comfort of their own homes.

About the Client

Our client is a nationwide direct lender specializing in SBA loans and conventional low-LTV loans. They deliver award-winning commercial lending experiences for their borrowers and referral partners on all of their loan programs. They were founded by some of the most well-known, awarded, and experienced people in the SBA industry, so their speed, service and sophistication are second to none. They are committed to providing the smartest financing possible to owners of every financially-healthy and well-run small to mid-sized business in America.

About the Role

Our client is looking for a detail-oriented Junior SBA Portfolio Assistant to support the Servicing team in managing SBA 7(a), SBA SLA, SBA Express, and SBA 504 loan portfolios. This role plays a critical part in ensuring compliance, maintaining loan documentation, and assisting Portfolio Analysts with servicing and liquidation processes.

What you'll do:

• Conduct post-closing reviews on SBA loan files and ensure compliance with internal and external audit requirements.

• Process servicing actions following SBA Servicing and Liquidation procedures.

• Monitor and maintain SBA loan portfolios, tracking financials and compliance requirements.

• Assist with annual loan reviews to ensure adherence to SBA and internal credit guidelines.

• Support collection efforts by reviewing insurance, real estate taxes, payoffs, and collateral releases.

• Respond to borrower inquiries regarding loan releases, subordinations, and payoff demands.

• Track and manage past-due and maturing loans, preparing necessary documentation and notifications.

• Prepare and document deferment requests for approval.

• Maintain accurate borrower correspondence logs and loan records.

• Work closely with the Portfolio Manager to generate reports for senior management.

What You Bring:

• Bachelor’s degree in Business, Accounting, or Finance (preferred)

• 2-4 years of experience in the banking industry, preferably with lending, credit risk, and portfolio management experience

• SBA experience is not required as there will be internal trainings provided, but a background in the banking and finance industries is preferred

• Strong organizational skills and keen attention to detail

• Excellent time management skills with the ability to prioritize tasks efficiently

• Strong written and verbal communication skills

• Ability to work independently and as part of a team in a fast-paced environment

• Proficiency in Microsoft Office Suite (Excel, PowerPoint, Word, Outlook)