SBA Loan Officer IV- (Southern California)

America First Credit Union•,

2d•$173,979 - $217,474•Onsite

About The Position

This position is responsible for growing and maintaining a portfolio of SBA guaranteed loans. It meets with new and existing business members, guiding them through the SBA loan application process, assessing their eligibility, and helping them prepare necessary documentation. It ensures the accuracy of SBA loan applications submitted for approval. It provides in-depth analysis of the SBA loan portfolio to identify future credit opportunities and mitigate potential issues with existing loans. This position provides high quality and professional service to members, departments, and branches. It contributes to organizational deposit and product growth through effective sales. It actively participates in meetings with management and staff to improve operations.

Requirements

College graduate.
Minimum of 10 years’ related experience.
Experience reading, dissecting, and interpreting financial statements.
Experience interviewing, underwriting, and presenting commercial loans.
Sales experience. Ability to seek out and generate new business.
Knowledge of general lending policies, procedures, and requirements.
Knowledge of Credit Union policies and procedures.
Familiarity with Credit Union products and processes.
Understanding of accounting, financial statements, banking, and GAAP requirements.
Understanding of business analysis, credit worthiness, and underwriting.
Understanding of MS Office and financial analysis software.
Highly organized and attentive to detail.
Excellent written communication skills.
Excellent verbal communication and interpersonal abilities.
Professional telephone etiquette.
Excellent problem-solving, analysis, and financial skills.
Able to work independently and determine priorities.
Ability to cooperate with and assist others.
Self-Starter. Highly motivated and able to achieve goals.

Nice To Haves

Degree in business related field preferred.

Responsibilities

Growing the SBA loan portfolio and generating new lending opportunities by working with business partners, contacting new leads, and educating business members about SBA loan programs.
Assessing business financial needs, providing personalized advice, and offering suitable SBA loan options.
Maintaining excellent relationships with existing members and expanding relationships.
Contributing to deposit growth by cross-selling and promoting additional credit union products.
Interviewing applicants and recommending underwriting of new SBA loan requests.
Analyzing applicant financial status and credit to determine feasibility of granting a new loan.
Performing financial and background analysis of new SBA loan requests, maintaining current knowledge of SBA program requirements and lending guidelines, industry trends, and market conditions.
Gathering complete financial information for all borrowers and guarantors, inputting information into lending recommendations, and performing comprehensive analysis.
Clearly stating SBA loan eligibility, conducting in-depth financial analysis to determine credit worthiness, and identifying potential risks.
Recommending proposed loan structure to preserve credit quality and be competitive in the market.
Following all policies and procedures in preparing loan recommendations for submission to loan review committee and presenting loans and recommendations to the committee.
Working closely with internal teams, including underwriters and loan closers, to facilitate a smooth approval and closing process.
Ensuring all files are complete and in filing order when turned over to the loan administration group.
Managing the assigned SBA loan portfolio by monitoring performance, addressing potential issues or delinquencies, and gathering/analyzing financial information from borrowers and guarantors.
Writing credit memorandums regarding issues or changes to any assigned loan and negotiating collection arrangements as needed.
Communicating all issues on loans to management.
Maintaining professional business relations with members, vendors, and trade professionals by representing the Credit Union professionally, addressing requests courteously, and resolving concerns promptly.
Establishing and maintaining professional business relations and providing high-quality service to members and business/trade contacts.
Obtaining and conveying information as needed and maintaining confidentiality.
Completing miscellaneous duties as needed, ensuring work areas are clean, secure, and well-maintained, and completing special projects as assigned.