SBA Loan Officer III (Western United States)

America First Credit Union•,

1d•$101,000 - $125,000•Remote

About The Position

The SBA Loan Officer III ensures the accuracy of SBA loan applications submitted for committee approval and conducts in-depth analysis of loans in the portfolio to identify opportunities and issues. The role provides high-quality, professional service to members, departments, and branches; participates in meetings to improve operations; and takes part in SBA and commercial loan underwriting training as directed by a supervisor. The position requires strong organization, attention to detail, accuracy, writing, research, communication, and underwriting skills. The officer must be able to understand financial and tax reporting for businesses of different sizes, apply knowledge of SBA lending, and demonstrate some ability to pursue new business and develop relationships to grow the loan portfolio. The role works at home in the western United States on a Monday–Friday schedule.

Requirements

College graduate in a business-related field preferred.
Level III: 3–5 years of related experience preferred.
Understand and perform financial calculations.
Experience with financial software, policies, and procedures.
Knowledge of Credit Union policies, procedures, and requirements.
Familiarity with Credit Union products and processes, including CSAIR, TALON, InBranch, HostLink, Instant Membership, LoanPro, Imaging, and OnDemand.
Knowledge of finance and banking.
Basic knowledge of SBA standard operating procedures, program eligibility, credit criteria, and loan structure requirements.
Sales and outside-calling skills.
Ability to understand credit risk and properly evaluate and disclose risk in a relationship.
Well organized and attentive to detail, with good writing and communication skills.
Able to work independently, set priorities, assist others, and take initiative.

Nice To Haves

Credit Analyst experience of 3 or more years preferred.

Responsibilities

Partner with lenders in face-to-face meetings and conference calls with borrowers.
Pre-screen SBA 7(a) and 504 loans for eligibility, cash flow, and compliance with Credit Union SBA policy.
Market and promote SBA lending within the credit union, among centers of influence, and in the local community.
Coordinate with SBA underwriters, closers, servicing staff, local SBA District offices, Small Business Development Centers, and related organizations to support customers and generate loan opportunities.
Develop and maintain relationships with centers of influence to generate SBA loan opportunities.
Gain thorough knowledge of SBA guidelines and processes and participate in SBA and commercial underwriting training.
Perform financial and background analysis of new commercial loan requests, gather borrower and guarantor financial information, analyze it, recommend loan structures, prepare committee submission packets, and ensure files are complete and properly organized for loan administration.
Perform financial and background analysis of existing commercial loans, gather and analyze financial information, assess performance, recommend future actions, prepare committee review materials, and ensure files are complete and properly organized.
Monitor assigned loan portfolios, write credit memorandums regarding loan issues or changes, arrange collection solutions when needed, and communicate loan issues to supervisors.
Maintain professional business relationships with members, vendors, and trade professionals; respond courteously and promptly to questions and requests; convey information; maintain confidentiality; and protect the Credit Union’s professional reputation.
Grow the SBA loan portfolio by contacting new and existing businesses, soliciting and servicing commercial loans, interviewing applicants, recommending commercial loan applications, and assessing applicant finances and creditworthiness.
Complete other related duties and special projects as assigned, and ensure work areas are clean, secure, and well maintained.