Loan Manager

Somerset Regal Bank • Mountainside, NJ

409d

About The Position

The position involves managing the Small Business Administration (SBA) loan portfolio and facilitating future growth in SBA loans. The role requires maintaining strong relationships with borrowers, referral sources, brokers, and secondary market investors, while ensuring compliance with SBA eligibility requirements throughout the loan approval process.

Requirements

• Experience in managing loan portfolios, specifically SBA loans.
• Strong understanding of SBA loan eligibility requirements and processes.
• Ability to build and maintain relationships with various stakeholders.

Nice To Haves

• Experience with secondary market investors.
• Knowledge of credit authorization processes.

Responsibilities

• Manage the SBA loan portfolio and drive future SBA loan growth.
• Maintain relationships with borrowers, SBA referral sources, brokers, and secondary market investors.
• Ensure SBA loans meet eligibility requirements under the SBA Program.
• Review pre-flights for SBA eligibility.
• Complete Credit Authorizations for SBA eligibility as part of the loan approval process.

What This Job Offers

• Job Type: Full-time
• Education Level: No Education Listed