SBA Loan Special Assets & Portfolio Supervisor

MMC Group LP; Irving (TX); On-site; USD 110,000 - 170,000; Full time

Benefits offered by this job

Competitive benefits

Job summary

MMC Group LP seeks an experienced leader to manage Special Assets and Portfolio liquidation for SBA 7(a) loans. The role oversees a team, develops workout plans, and coordinates with attorneys, borrowers, and lenders to maximize loan recovery.

Responsibilities include monitoring collateral, conducting cash-flow analyses, and ensuring compliance with SBA policies. Strong leadership and communication are essential.

Qualifications

• Minimum 5–7 years’ experience in SBA 7(a) lender, SBLC knowledge preferred.
• Working knowledge of federal and state collection laws and the Fair Debt Collection Act.
• Basic knowledge of financial analysis, bankruptcy, workout, and collateral disposition.
• Ability to train and present to audiences; strong written and verbal skills.
• Proficient in Microsoft Office and related portfolio management tools.

Responsibilities

• Lead a team of Special Asset Officers and Portfolio Officers.
• Develop and monitor workout action plans with timely follow-up.
• Evaluate collateral positions and perform cash flow analyses.
• Direct legal actions, bankruptcy, foreclosure, and related processes.
• Negotiate with attorneys and borrowers to reach resolutions.
• Prepare complex analyses and present recommendations to senior management.
• Manage collections, post-closing reporting, and covenant monitoring.
• Ensure compliance with SBA SOP 50 57 and related policies.
• Maintain relationships with SBA and external counsel as needed.

Skills

Team leadership

SBA 7(a) expertise

Workout planning

Cash flow analysis

Negotiation

Legal coordination

Financial modeling

SBA systems (E-Tran/CAFS)

PACER

Excel

PowerPoint

Spark/PCFS

Tools

E-Tran/CAFS

PACER

Loan Manager

Spark

PCFS

Excel

PowerPoint

Job description

The Special Assets & Portfolio Supervisors is a key manager of portfolio management and SBA loan liquidation across the life of a SBA 7(a) loan. This position requires detailed knowledge of SBA industry liquidation, servicing and administration policies, procedures and compliance with a minimum of 5-7 years in SBA 7(a) loan servicing participated and liquidated loans. A detail-oriented and focused thinker with an initiative to find successful resolutions to loan portfolio and liquidation. This role is managing all aspects of fully disbursed SBA 7(a) loan default and liquidation.

• Lead a team of Special Asset Officers and Portfolio Officers.
• Implement or assist in the development of timely workout action plans and effective follow up plans.
• Evaluate and document bank collateral position, complete business survivability assessments, and recommend alternative work out solutions as needed.
• Manage the collection activities on assigned accounts including broken payment follow up with borrowers, fee waiver and presenting recommendation for resolutions to more senior workout officers.
• Direct legal actions, bankruptcy, foreclosure, and judgment processes, and reposession or replevin actions for the team's portfolio. Conduct and manage negotiations and meetings with attorneys and borrowers.
• Prepare complex analyses related to discounted cash flow and stabilization projections and sell recommendations for approval to senior or executive management.
• Analyze problem loans and make recommendations or approve actions to foreclose, repossess, or liquidate collateral when applicable.
• Facilitate meetings with borrowers, guarantors, business bankers, and attorneys to negotiate workout plans that will return loans to performing/pass status.
• Handle collections and charge-off accounts, assist lending officers on non-special asset accounts and prepare management reports as required.
• Maintain good working relationship with National Guaranty Purchase Center.
• Bankruptcy monitoring, tracking, trustee communications and proof of claim court submissions. Collaborates with outside counsel when necessary.
• Prepares and engages liquidation plan and vendors. Monitors liquidation process and maintains liquidation within 2 years or obtains SBA approval for extension of the two-year liquation rule.
• Maintain compliance with SBA SOP 50 57 Servicing and Liquidation.
• Communicate with borrowers to monitor loan risk ratings and recommend any necessary actions.
• Prepare post-closing memorandums. Notes all communications, including communication attempts in loan core system.
• Communicate with team members for any issues identified during annual review or post-closing processing.
• Monitors reports on customer communications, email bounce backs & other covenant tracking tools.
• Monitors status of customers covenants, including insurance coverage, financial statements, real estate property tax tracking, and follow up communications, including with agents, borrowers and guarantors through email, mail, and any contact phone numbers.
• Prepares monthly appropriate reports and participates in monthly Portfolio Management reviews.
• Performs all duties within the constraints of all applicable Federal, State, and local laws. Follow VelocitySBA and the U.S. Small Business Administration Policies and Procedures.
• Assist with preparation of portfolio excel reports, tables and pivots, power point presentations, Board presentations and other excel portfolio management tables/tools and reports.
• Ability to work with and operate in Spark and PCFS/Loan Manager platforms.
• Ability to work with cash flow spreading and basic credit analysis & assessments.

Required Qualifications:

• Minimum of 5-7years’ experience in SBA 7(a) lender, SBLC knowledge and experience preferred
• Working knowledge of the Fair Debt Collection Act, as well as state and federal laws concerning collection activities is required.
• Basic knowledge of financial analysis, bankruptcy, workout, UCC, litigation, foreclosure of personal and real property and disposition of collateral.
• Ability to train and present to small and large audiences or has the interest in learning to train and present.
• Excellent interpersonal, written, verbal, organizational, negotiation, analytical, and decision-making skills.
• Knowledge and experience in SBA E-Tran/CAFS, FTA Systems, PACER, LexisNexis, Loan Manager preferred.
• Working knowledge of the Fair Debt Collection Act, as well as state and federal laws concerning collection activities is required.
• Ability to work in a fast-paced, customer service-oriented environment
• Attention to detail, emphasis on accuracy and strong sense of urgency
• Strong problem-solving, mathematical and analytical skills
• Ability to communicate effectively with customers, as well as upward, downward and across the organization
• Proficient in Microsoft Office suite with strong overall keyboarding, computer and internet application skills