SBA Loan Officer III (Western United States)

Schedule

Mon- Fri

Overview

The pay range for this position is roughly $101K to 125K.

 

Work at Home in the western United States.

 

Ensures the accuracy of SBA loan applications submitted for committee approval. Provide in depth analysis of loans in the portfolio to determine future opportunities and issues with existing members. Provide high quality and professional service to members, departments and branches. Actively participates in meetings with management and staff to improve operations. Involved in SBA training and commercial loan underwriting and training as directed by supervisor.

 

This position requires excellent organizational skills and the ability to communicate and work well with large groups as well as individually as required. Attention to detail, accuracy, and solid writing and research, written communication and underwriting skills are required to the successful execution of this position. Needs the ability to understand financial and tax reporting information for large and small business entities. Have a demonstrated knowledge of the SBA lending. Demonstrate some ability to pursue new business and develop new relationships to grow the loan portfolio.

 

Responsibilities

1. Partner with lenders for face-to-face meetings and conference calls with borrowers.

 

2. Pre-screen SBA 7a and 504 loans for eligibility, cash flow and Credit Union SBA policy compliance.

 

3. Market and promote SBA lending within AFCU, Centers of Influence and the local community.

 

4. Liaison with SBA Underwriters, Closers and servicing staff to facilitate meeting SBA customer needs.

 

5. Develop and maintain relationships with centers of influence to generate additional SBA loan opportunities.

 

6. Liaison with the local SBA District office, Small Business Development Centers and other related groups and/or organizations.

 

7. Gain thorough knowledge of SBA guidelines and processes.

 

8. Is actively involved in all SBA and commercial underwriting training opportunities.

 

9. Performs financial and background analysis of new commercial business loan requests.

a. Request and gathers complete financial information for all borrowers and guarantors applying for a loan.

b. Inputs gathered information into lending recommendation and performs analysis of information.

c. Gives insight and recommendations on how a loan might be structured and approved.

d. Follows all policies and procedures in preparing loan recommendation packets for submission to loan review committee.

e. Makes sure all files are completed and in filing order when turned over to the loan administration group.

10. Performs financial and background analysis of existing commercial business loans.

a. Gathers complete financial information for all existing borrowers and guarantors.

b. Inputs gathered information into lending review and performs analysis of information.

c. Gives insight on performance and recommendations on future actions.

d. Follows all policies and procedures in preparing loan recommendation reviews for submission to loan review committee.

e. Makes sure all files are completed and in filing order when turned over to the loan administration group.

11. Assigned loans:

a. Assigned loan portfolio monitoring.

b. Writing Credit Memorandums on any issues or changes to any assigned loan.

c. Working out collection arrangements as needed.

d. Communicating issues on loans to supervisors.

 

12. Ensure that professional business relations exist with members, vendors and trade professionals.

a. Represents the Credit Union in contacts with business and trade professionals.

b. Ensures that requests, questions, and problems are courteously and professionally resolved.

c. Ensures that the Credit Union’s professional reputation is maintained both internally and externally.

d. Assumes responsibility for establishing and maintaining professional business relations and providing high quality services to members and business contacts.

e. Obtains and conveys information as needed.

f. Resolves or refers questions and requests promptly and courteously.

g. Maintains and projects the Credit Union’s professional reputation.

h. Maintains confidentiality.

 

13. To grow SBA loan portfolio and contact new and existing businesses seeking lending opportunities.

a. Soliciting and servicing a variety of commercial loans.

b. Interviews applicants and recommends approval of customer applications for commercial loans.

c. Analyzes applicant financial status and credit to determine feasibility of granting loan.

 

14. Other related duties as required.

a. Completes miscellaneous duties as needed.

b. Ensures that work areas are clean, secure, and well maintained.

c. Completes special projects as assigned.

Qualifications

Training/Education/Certification:

· College graduate business related field (preferable).

· Understands and can perform financial calculations.

· Experience with financial software, policies and procedures.

· Level II -Minimum 2 years related experience (preferable).

· Level III -Minimum 3-5 years related experience (preferable).

· Credit Analyst experience 3+ years preferred.

 

Required Knowledge:

· Knowledge of Credit Union policies, procedures and requirements.

· Familiarity with Credit Union products and processes. (CSAIR, TALON, InBranch, HostLink, Instant membership, LoanPro, Imaging, OnDemand).

· Finance and banking knowledge.

· Basic knowledge of SBA SOPs, program eligibility, credit criteria and loan structure requirements.

· Sales/outside calling skills

· Should demonstrate the ability to understand credit risk and be able to properly evaluate and disclose risk in a relationship.

Skills/Abilities:

· Well organized.

· Attentive to detail.

· Good writing skills.

· Solid communication abilities.

· Able to work independently and determine priorities.

· Ability to assist others.

· Self Starter.