Credit Management - SBA Senior Credit Approval Officer I

NBH Bank

5d•Onsite

About The Position

This position is ideal for someone looking to build a career in finance. The company provides training and coaching throughout the onboarding experience, as well as on the job. As success is demonstrated, there will be opportunities for advancement within the organization. As an SBA Senior Credit Approval Officer, you will support SBA Business Development Officers and Bankers in structuring and analyzing SBA transactions for existing and prospective clients. SBA Lending includes complex structures for purposes which include business acquisition, working capital, real estate acquisition and construction, debt refinance, and asset acquisition. You will ensure the overall credit quality of the SBA Portfolio throughout the NBH footprint, through sound and diligent underwriting in multiple channels within the Bank. Facilities to include SBA Express, 7a Small Loans, 7a Standard Loans, 504 transactions, CAPLine and other SBA Products. You will underwrite new SBA credit requests in conjunction with internal and external regulation and compliance requirements. These include but are not limited to: NBH Credit Policy and Underwriting Guidelines, NBH SBA Credit Policy and Underwriting Guidelines, SBA SOP (Origination Manual), SBA SOP (Servicing Manual), Bank Secrecy Act (BSA), Office of Foreign Assets Control (OFAC), Federal and State laws related to safety and soundness, consumer protections and privacy, etc. You will have responsibility for reviewing application documents, spreading financials, analysis of financial performance and metrics, identifying credit risks and mitigating factors and reviewing 3rd party reports such as credit bureau data and appraisals or valuations, etc. from initial analysis, into credit analysis and closing. You will assist in loan closing, including satisfying closing conditions of approval, documentation and equity injection reviews.

Requirements

Bachelor’s degree in finance, Accounting, Economics or related field or possess equivalent combination of education and experience.
7+ years of relevant experience in business and/or commercial banking, preferably with SBA products.
Capacity to work with multiple computer and software systems including Microsoft Office and web based applications.

Nice To Haves

SBA Lending knowledge, including eligibility requirements, underwriting rules and guidelines and product specifics.
Completed formal credit training program or equivalent.
Capacity to work with Bank centered computer and software systems, such as FIS, Moody’s CreditLens, and Capitalstream.
Ability to read, analyze and interpret general business periodicals, professional journals, and technical procedures.
Advanced knowledge of related state and federal loan regulations and other Bank lending policies.
Ability to effectively present information and respond to questions from groups of managers, clients, and members of the general public.
Proficient with MS Office applications including Outlook, Word, Excel, and PowerPoint.
Advanced math skills; calculate interest, commissions, proportions, and percentages; balance accounts; add, subtract, multiply and divide in all units of measure, using whole numbers, common fractions and decimals; locate routine mathematical errors; compute rate, ratio and percent, including the drafting and interpretation of bar graphs.
Effective verbal, written and interpersonal communication skills with the ability to apply common sense to carry out instructions and instruct others, interpret documents, understand procedures, write reports and correspondence, speak clearly to clients and associates.
Ability to deal with normal problems involving multiple facets and variables in non-standardized situations.
Ability to think logically and analyze complex business financials to perform risk assessment and research.
Passionate and motivated self-starter with attention to detail.
Strong work ethic and ability to complete work accurately and efficiently.
Strong oral and written communication skills with the ability to clearly and concisely articulate message.
Ability to handle multiple tasks simultaneously.
Ability to work with minimal supervision while performing duties.
Excellent organizational and time management skills.
Work well with and through others, building and maintaining relationships with internal and external contacts. These include front line associates, credit department, loan operations, executive management, SBA, CDCs and NAGGL, etc.

Responsibilities

Support SBA Business Development Officers and Bankers in structuring and analyzing SBA transactions for existing and prospective clients.
Ensure the overall credit quality of the SBA Portfolio throughout the NBH footprint, through sound and diligent underwriting in multiple channels within the Bank.
Underwrite new SBA credit requests in conjunction with internal and external regulation and compliance requirements.
Review application documents, spread financials, analyze financial performance and metrics, identify credit risks and mitigating factors.
Review 3rd party reports such as credit bureau data and appraisals or valuations, etc. from initial analysis, into credit analysis and closing.
Assist in loan closing, including satisfying closing conditions of approval, documentation and equity injection reviews.