Manager of SBA Credit Administration

Fidelity Bank•Fuquay-Varina, NC

About The Position

This position oversees the Bank's Small Business Administration (SBA) Lending approval function. The role is responsible for maintaining a timely and efficient loan approval process, mitigating risk exposure, and ensuring superior service to internal partners. The Manager reviews and decides loans within assigned authority, assessing credit risk and establishing appropriate grades. They monitor credit decisions made by credit officers and provide recommendations for credits exceeding assigned approval authority. Additionally, the role provides leadership and development to credit officers, supports the Bank's credit culture by ensuring compliance with credit policy, and develops and facilitates credit training and onboarding for the Bank's sales and underwriting teams. The role also assists with portfolio management accountabilities to ensure the Bank's loan portfolio is within defined risk tolerance and loan yield targets are met.

Requirements

Bachelor’s degree with a minimum of 10 years of credit underwriting or credit risk review experience.
4 years of management experience.
Demonstrates understanding of credit risk associated with all industries, products and borrowers.
Strong credit analysis skills and accounting knowledge.
Thorough knowledge of required legal documentation for a wide range of commercial loans and credit facilities such as lines, term loans, real estate loans, construction loans, etc.
Strong leadership skills.
Fundamental knowledge of evaluating commercial real estate collateral.
Strong communication skills.
Advanced computer skills including MS Office products and credit systems.
Proven decision-making skills in a fast-paced environment.
Strong business process management skills including workflow and procedure development.

Nice To Haves

Experience developing and facilitating credit training programs.

Responsibilities

Oversee the Banks SBA approval function.
Establish and ensure adherence to departmental service standards.
Develop and maintain a timely and efficient centralized loan approval process.
Mitigate risk exposure by monitoring loans to ensure appropriate underwriting, documentation, and credit administration is performed.
Review and decision loans within assigned authority, including assessing credit risk and establishing an appropriate grade.
Monitor credit decisions made by credit officers and provide recommendations for credits with exposures that exceed assigned approval authority.
Provide leadership and development to loan officers.
Set expectations and manage performance.
Support the Banks credit culture by ensuring compliance with credit policy.
Develop and facilitate credit training and onboarding programs for the Banks sales and underwriting teams.
Assist with portfolio management accountabilities, ensuring that the Banks loan portfolio is within defined risk tolerance and that loan yield targets are met.