SBA Business Development Associate

Columbia Bank•Irvine, CA

17h•Onsite

About The Position

Supports increased loan production by the BDO staff by facilitating timely review and processing of new potential loan applications to ascertain credit worthiness. Communicates with BDO and/or applicant to ensure all items needed to submit the application are obtained. Organizes the file and ensures the application package is complete and accurate. Orders and reviews credit reports and other required reports. Communicates with credit, closing and BDO during the entire process to coordinate receipt of information required at various stages. Analyzes financial statements, tax returns and relevant data provided by a potential applicant and makes recommendations as to file status. Develops a list of items needed to complete an assessment of the credit worthiness and SBA eligibility of the loan request. Coordinates communication among multiple parties to follow through for needed information at various stages throughout the loan process, including obtaining credit and other required reports and ordering appraisals and environmental reports. Prepares submission Checklist, Workbook and Credit Memo summarizing the business and the request for credit. Responsible for addressing all obvious credit issues in the write up and ensuring the Credit Memo accurately represents the business and the requested loan. Responsible for submitting a complete and accurate loan application package to the credit center. Facilitates transfer of information (written and verbal) between multiple groups and keeping track of items received and those still needed. Oversees multiple transactions concurrently to ensure all active loan applications are moving forward and current status is reported on the Pipeline Report. Demonstrates compliance with all bank regulations for assigned job function and applies to designated job responsibilities – knowledge may be gained through coursework and on-the-job training. Keeps up to date on regulation changes. Follows all Bank policies and procedures, compliance regulations, and completes all required annual or job-specific training. Maintains a working knowledge of Bank's written policies and procedures regarding Bank Secrecy Act, Regulation CC, Regulation E, Bank Security and other regulations as applicable to this job description. May be asked to coach, mentor, or train others and teach coursework as subject matter expert. Actively learns, demonstrates, and fosters the Columbia corporate culture in all actions and words. Takes personal initiative and is a positive example for others to emulate. Embraces our vision to become “Business Bank of Choice.” May perform other duties as assigned.

Requirements

4 years of relevant credit analysis or underwriting experience required for higher levels.
Ability to work effectively with individuals and groups across the company to manage internal and external customer expectations.
Proficient with personal computers and related software packages such as Word and Excel.
Strong credit and credit quality skills including accounting, financial statement spreading, and cash flow analysis experience.
Intermediate knowledge of SBA Policy and Procedures.
Possess excellent organization skills.
Demonstrate written and verbal communication skills.

Nice To Haves

Bachelor's Degree in relevant field

Responsibilities

Facilitate timely review and processing of new potential loan applications to ascertain credit worthiness.
Communicate with BDO and/or applicant to ensure all items needed to submit the application are obtained.
Organize the file and ensure the application package is complete and accurate.
Order and review credit reports and other required reports.
Communicate with credit, closing and BDO during the entire process to coordinate receipt of information required at various stages.
Analyze financial statements, tax returns and relevant data provided by a potential applicant and makes recommendations as to file status.
Develop a list of items needed to complete an assessment of the credit worthiness and SBA eligibility of the loan request.
Coordinate communication among multiple parties to follow through for needed information at various stages throughout the loan process, including obtaining credit and other required reports and ordering appraisals and environmental reports.
Prepare submission Checklist, Workbook and Credit Memo summarizing the business and the request for credit.
Address all obvious credit issues in the write up and ensuring the Credit Memo accurately represents the business and the requested loan.
Submit a complete and accurate loan application package to the credit center.
Facilitate transfer of information (written and verbal) between multiple groups and keeping track of items received and those still needed.
Oversee multiple transactions concurrently to ensure all active loan applications are moving forward and current status is reported on the Pipeline Report.
Demonstrate compliance with all bank regulations for assigned job function and applies to designated job responsibilities.
Keep up to date on regulation changes.
Follow all Bank policies and procedures, compliance regulations, and complete all required annual or job-specific training.
Maintain a working knowledge of Bank's written policies and procedures regarding Bank Secrecy Act, Regulation CC, Regulation E, Bank Security and other regulations as applicable to this job description.
May be asked to coach, mentor, or train others and teach coursework as subject matter expert.
Actively learn, demonstrate, and foster the Columbia corporate culture in all actions and words.
Take personal initiative and be a positive example for others to emulate.
Embrace our vision to become “Business Bank of Choice.”
May perform other duties as assigned.

Benefits

Comprehensive healthcare coverage (medical, dental, and vision plans)
401(k)-retirement savings plan with employer match for qualifying associate contributions
Employee assistance program
Life insurance
Disability insurance
Tuition assistance
Mental health resources
Identity theft protection
Legal support
Auto and home insurance
Pet insurance
Access to an online discount marketplace
Paid vacation
Sick days
Volunteer days
Holidays