SBA Portfolio Officer
East West Bank•Los Angeles, CA
About The Position
East West Bank is currently seeking an SBA Portfolio Officer. This position will be responsible for the risk management of the SBA portfolio in accordance with East West Bank and US SBA policies and procedures. As an East West Bank employee, you will be part of a growing and stable organization that provides career path development opportunities while serving a growing and profitable market.
Requirements
- 5 years+ commercial banking experience preferred
- Bachelor’s degree required
- In-depth knowledge of SBA SOP 50 57 Servicing and Liquidation
- Good knowledge of the financial institution's commercial and consumer lending procedures
- Demonstrate effective communication skills, teamwork oriented, take initiatives and a self-starter
- Flexible and adaptable to a dynamic environment
- Ability to work under pressure and meet deadlines
- Proficiency in Microsoft Office (Excel, Word, PowerPoint, Outlook, etc.)
- Strong work ethic and self-motivation
- Strong verbal, written communication, and organizational skills
- Applicants must have legal authorization to work in the United States. We do not offer visa sponsorship at this time.
Responsibilities
- Monitor, review, and recommend servicing & liquidation action on the existing SBA 7a & 504 portfolio with accordance to SBA’s SOP 50 57 and Bank’s policy
- Able to analyze financial data to support the risk rating and / or special loan requests
- Support SBA team by following up on tickler items, delinquent property tax, insurance policy, etc. to be following the terms of the loan
- Process loan sales according to the Bank’s procedure and instruction
- Serves as first line of defense for loans by monitoring the SBA portfolio for signs of credit deterioration and take the necessary action to collect on past due loans
- Prepare reports to inform SBA manager, credit supervision, and senior management on the status of the SBA portfolio
- Assist with audits, guarantee purchase package and other special projects
- Respond promptly to internal and external inquires
- Cross-sell deposit, trade, treasury management, foreign exchange, private banking, asset management, and other services
- Perform other duties as assigned
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What This Job Offers
Job Type
Full-time
Career Level
Mid Level
