SBA/Commercial Loan Officer

Redwood Credit Union•Napa, CA

18h

About The Position

Redwood Credit Union is seeking an SBA/Commercial Loan Officer to implement its SBA business lending program. The role develops strategies to originate loans in the marketplace and originates and closes SBA loans, exercising broad discretion over varied, diverse, and complex assignments. The position emphasizes excellent Member service and profitable business-services growth while minimizing loan-loss exposure through high credit quality. The officer develops referral networks and third-party relationships, structures complex SBA loan packages, recommends loan-pricing strategies, monitors credit compliance, and ensures compliance with applicable government rules and regulations. The role also provides training, serves as a primary liaison to Members and business partners, supports Member satisfaction and credit servicing, monitors loan activity, cross-sells RCU products and services, prepares reports, and participates in Credit Committee as required.

Requirements

Extensive knowledge of SBA loan programs, including Express, 7(a), and 504, and proficiency in structuring commercial loans.
Strong business development and lead-generation skills, with the ability to originate SBA loans in the marketplace and develop and cultivate a positive working relationship with the SBA.
Current knowledge of laws, rules, and regulations pertaining to business lending and compliance.
Thorough knowledge of financial institution business services, including lending methods, practices, and services.
Excellent credit skills to support new business-development goals.
Knowledge of asset, liability, and credit dynamics in a business-services lending environment.
Ability to independently analyze simple and complex credits and credit relationships, make recommendations, and demonstrate sound decision-making.
Excellent interpersonal, leadership, Member relationship, negotiation, and communication skills.
Skill operating a personal computer and word-processing, spreadsheet, and presentation software, as well as Intra/Internet access.
Ability to travel 20% of the time.
Ability to work a rotating schedule that includes rotating Saturdays.
Education and experience equivalent to a bachelor’s degree in business administration, finance, or a closely related field, and five years of progressively responsible experience in SBA business lending.
Ability to stand, bend, stoop, sit, walk, twist, and turn; lift up to 15 pounds; and use a computer keyboard and calculator.

Responsibilities

Implement Redwood Credit Union’s SBA business lending program and develop strategies to originate loans in the marketplace.
Develop an ongoing referral network for potential SBA loans with commercial real estate brokers, business brokers, small businesses, professional associations, accountants, and lawyers.
Structure complex SBA loan packages and proposals.
Initiate and enhance third-party relationships with Certified Development Companies.
Recommend loan-pricing strategies that meet or exceed return-on-equity targets while supporting business-loan growth.
Monitor credit compliance and resolve documentation, collateral, and past-due exceptions to ensure credit quality and data integrity.
Ensure compliance with pertinent government rules and regulations.
Develop and present SBA loan seminars and trainings.
Act as a primary liaison with Members and business partners.
Proactively ensure Member satisfaction throughout credit management, including credit servicing and problem resolution.
Ensure timely follow-up of loan-monitoring activity to facilitate sound credit portfolios.
Cross-sell RCU products and services to enhance Member relationships.
Compose and generate credit and lending reports as necessary.
Participate in Credit Committee as required.

Benefits

Competitive medical, dental, and vision insurance
Mental health offerings
Employee performance incentive plan
Merit increases based on performance
401(k) program with employer match
Competitive PTO accrual
11 paid company holidays and a day off for the employee’s birthday
Discounts on RCU collateral auto loans, recreational or boat loans, Visa and line-of-credit loans
0% interest loans for immigration-related expenses, naturalization-process expenses, and garment, fitness, or home-office equipment
100% financing for employee-purchased homes