SBA Foreclosure Specialist

A growing financial institution is seeking an experienced SBA Foreclosure & Liquidation Specialist to join its Credit Loss Mitigation team. This is a critical role supporting the full lifecycle management of defaulted SBA loans from initial pickup through final resolution — charge-off, compromise, or debt satisfaction.

What You'll Do

• Manage a portfolio of defaulted SBA loans from default through completion, including charge-offs, offers in compromise, and loan modifications
• Prepare and present quarterly reporting on classified loans 
• Coordinate with external vendors and legal counsel throughout the foreclosure process, including auctioneers, landlords, and insurance carriers
• Interface directly with the SBA from loan pickup through resolution, including repurchase submissions
• Execute the full foreclosure and liquidation process with minimal systems ramp-up time

What You Bring

• Minimum 2 years of direct, recent SBA foreclosure and liquidation experience — this is a requirement, not a preference
• Working knowledge of SBA SOP compliance as it relates to default, liquidation, and charge-off procedures
• Experience handling repurchase submissions and SBA interaction throughout the resolution process
• Ability to step into an active portfolio quickly with minimal onboarding
• Strong vendor and attorney coordination skills

Why This Opportunity
This institution has a collaborative servicing team and values specialists who can work independently and own their portfolio from start to finish. The role offers meaningful work, a supportive team environment, and the flexibility of a fully remote position.