Celtic Bank

Celtic Bank

SBA Special Assets Officer

Salt Lake City, Utah, United States

Sponsorship not specifiedDetected 1 day ago
ExpressNegotiationAccountingValuationOrganizational SkillsMicrosoft Office

About the role

  • Are you an experienced special assets or SBA liquidation professional looking for more autonomy, not more oversight?
  • If you've spent your career navigating complex commercial defaults and want to bring that expertise somewhere it will genuinely shape outcomes, Celtic Bank wants to talk to you about our SBA Special Assets Officer role.
  • This isn't a role where decisions get made for you; it's one where your experience is the asset.

Responsibilities

  • You'll own a portfolio of defaulted SBA loans from transfer through final resolution-driving liquidation strategy, directing outside counsel, and making the calls that protect recoveries and preserve the SBA guaranty.
  • at Celtic Bank Manage a portfolio of defaulted SBA loans throughout the entire liquidation lifecycle.
  • Work directly with outside legal counsel to manage foreclosure actions, bankruptcy cases, receiverships, and litigation.
  • Evaluate collateral positions and develop effective liquidation strategies to maximize recoveries.
  • Document servicing activities accurately within loan servicing systems.
  • Collaborate with Credit Administration, Loan Operations, Legal, Compliance, and external agencies to facilitate timely resolutions.
  • Maintain detailed loan documentation supporting SBA guaranty preservation.

Requirements

  • The employee is frequently required to stand
  • The employee is regularly required to talk or hear and will frequently communicate with others.
  • Must be able to read, write and understand fluent English.
  • Prepare and submit SBA-required liquidation plans, purchase packages, wrap-up reports, and guaranty repair documentation.
  • Bachelor's degree in Business Administration, Finance, Accounting, Legal Studies, or related field preferred (equivalent experience considered).
  • 5+ years of experience managing SBA loan liquidations, special assets, commercial collections, or loan servicing.
  • Experience with OREO processes and disposition.

This listing is sourced directly from Celtic Bank's careers page and normalized into a canonical job model.