SBA Loan Officer

COMMERCEWEST BANK • Irvine, CA

23h • $75,000 - $100,000 • Onsite

About The Position

The SBA Loan Officer (SBALO) is responsible for focusing on acquisition of new SBA 504 and 7(a) loans. This will be accomplished through their control and management of sales, loan growth, business development and as being a trusted advisor on their banking needs. The SBALO is highly involved in business development, client or prospective client sales calls, structuring loan proposals, loan pricing, while developing the Bank’s brand and increasing awareness in the marketplace.

Requirements

• BA preferred or experience in related position.
• A minimum of 5-7 years banking experience with an emphasis in business acquisition, relationship management and SBA lending to small/middle market businesses.
• Strong SBA credit skills.
• A strong background and ability in prospecting for new clients and a demonstrated track record in business development and retention.
• Ability to negotiate and structure loan proposals/ pricing.
• Very strong organizational, time management skills, and leadership qualities.
• Excellent written and verbal communications skills.
• Strong presentation skills.
• Must present a professional image, be a team player, self-starter, flexible, be able to multi-task, work independently, and meet deadlines.

Responsibilities

• Meets and exceeds monthly performance-based scorecard goals that include but are not limited to loan and deposit production.
• Responsible for the acquisition of new SBA 504 and 7(a) loans.
• Enhances the loyalty and profitability of existing relationships, growing new profitable relationships, and referring opportunities to other parts of the company.
• Participates in network groups, industry trade organizations and networking events to cultivate a referral relationship.
• Reviews, processes, and prepares documentation for loans; ensures that it is complete, legal, and in compliance with regulatory and bank requirements.
• Assists in obtaining financial statements, tax returns, and other credit information for timely new loan assessment.
• Ensures that loans and other assets are appropriately, and timely risk rated in accordance with the Bank’s loan policy.
• Performs other duties and special projects as needed and assigned.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level