SBA Small Loan Relationship Manager - McKinney, TX

South State Bank•McKinney, TX

63d•$85,153 - $136,024

About The Position

The SouthState story is one of steady growth, deep community roots, and an unwavering commitment to helping our customers move forward. Since our beginnings in the 1930s to becoming a trusted financial partner across the South and beyond - we are known for combining personal relationships with forward-thinking solutions. We are committed to helping our team members find their success while maintaining the integrity of our values: building trust, fostering lasting relationships and pursuing excellence. At SouthState, individual contributions are recognized, potential is cultivated and team members are inspired to achieve their greater purpose. Your future begins here! BASIC PURPOSE: This position is responsible for, but not limited to, partnering with bankers in assigned markets to identify, foster and grow small business relationships that benefit from enhancements offered by U.S. Small Business Administration (SBA) loan products, as defined by the SBA and the Bank. Incumbents are expected to meet or exceed production goals, which are set annually by the Bank.

Requirements

Must have strong communication skills characterized by excellent writing and speaking skills
Proficient with general office machines and programs to include Microsoft Office Word, Excel, Outlook, and other software that might be utilized in the department
Ability to use the computer efficiently and the capacity to learn new software programs as they are rolled out by the Bank
Must have good knowledge of business English, including spelling and punctuation
Must possess basic English language skills in order to write and speak clearly, and effectively with coworkers and customers
Must be well-organized, accurate, and attentive to detail
Must be cooperative and willing to assist coworkers and customers on a regular basis
Must have effective listening skills demonstrated by the ability to listen to others talk (without interruption), understand them, and then propose solutions or make contributions based on the points made by others
Must possess excellent multi-tasking skills and be able to function well under pressure
Must be able to remain composed under pressure and respond to customer and coworker concerns regularly
Must have a keen eye for detail and follow instructions to the letter
Must be patient and willing to help others in solving problems while maintaining a positive attitude at all times
Bachelor’s Degree in Business, Finance or equivalent work experience in related field
1-3 years of previous government lending experience in a bank setting
Will provide SBA loans in compliance with the SouthState Bank and SBA 7a small loan program policies and procedures
Requires knowledge of office practices, procedures and general office machines
Must be able to prepare documents and compose business letters and memorandums
Must be able to maintain confidentiality of customer and employee information
Must be a self-starter and able to work independently
Requires a strong sense of urgency, initiative, and drive to complete tasks correctly, with emphasis on working with and through people in the process
Must be able to work at a faster than average pace and able to multi-task
Must have good knowledge of business English, spelling and punctuation
Must possess basic language skills to write and speak clearly, effectively, and appropriate to business standards
Must be able to make sound decisions, have the ability to recognize potential problems, and take corrective action
Must be professional in appearance
Regular attendance in necessary
Be a team player in recommending and referring additional products and services to other lines of business within the company

Responsibilities

Evaluate and structure small business loan requests in accordance with SBA Guidelines and SouthState Bank’s credit policies
Interviews loan applicants, and collects and analyzes financial and related data to determine the general creditworthiness of the prospect and the merits of the specific loan request
Establishes and negotiates terms under which credit will be extended, including the costs, repayment method, and schedule and collateral requirements with clients
Guide Clients through the SBA loan process, including eligibility determination, documentation and closing requirements
Discuss and review loan applications with credit underwriters
Collects and analyzes information that reflects the current creditworthiness of customers and the current merits of existing loans. May obtain information through direct inspection of the applicant’s business and/or collateral, review of interim financial reports, personal interview, and other means
Completes spreads to verify cash flow and debt service coverage ratio requirements for prospective clients
Develops and maintain new business relationships with small business owners, referral partners, and internal banking teams to generate SBA loan opportunities
Keeps abreast of local and national economic, financial, political, and legislative
Monitors loan repayment activities and take necessary action to collect from past-due accounts
Keeps abreast of local and national economic, financial, political, and legislative events and climates which could have an impact on corporate and commercial lending activities
Keeps abreast of SBA loan program regulation, and assures adherence to said regulations
Participates in community affairs to increase the bank’s visibility and to enhance new business opportunities
Maintains professional and community relations to increase the bank’s visibility and new business opportunities, and to further personal development
Assists the conventional Relationship Managers, Small Business Bankers, or other Bank employees on SBA lending, with the expectation that the SBA Small Loan Relationship Manager will work hand in hand with bank employees to assess and process any internal loan referrals
Ensure that the Bank’s policies and procedures, code of conduct, and regulatory guidelines are strictly complied with
Provide assistance to other employees by liaising with them through healthy and positive interactions and one-on-one conversations.
Participate in other LOB’s weekly meeting calls to discuss the SBA 7(a) Small Loan program
Be involved in performing marketing endeavors/efforts
Seek opportunities to improve skills through cross-training offered by the Bank
Collaborate with credit underwriting, operations, and closing teams to ensure timely and efficient loan processing.
All other tasks, responsibilities or duties, as directed by management