[Hiring] SBA Loan Officer III @America First Credit Union

Role Description

The pay range for this position is roughly $101K to 125K. Work at Home in the western United States.

Ensures the accuracy of SBA loan applications submitted for committee approval. Provide in depth analysis of loans in the portfolio to determine future opportunities and issues with existing members. Provide high quality and professional service to members, departments and branches. Actively participates in meetings with management and staff to improve operations. Involved in SBA training and commercial loan underwriting and training as directed by supervisor.

This position requires excellent organizational skills and the ability to communicate and work well with large groups as well as individually as required. Attention to detail, accuracy, and solid writing and research, written communication and underwriting skills are required for the successful execution of this position. Needs the ability to understand financial and tax reporting information for large and small business entities. Have a demonstrated knowledge of the SBA lending. Demonstrate some ability to pursue new business and develop new relationships to grow the loan portfolio.

Responsibilities

• Partner with lenders for face-to-face meetings and conference calls with borrowers.
• Pre-screen SBA 7a and 504 loans for eligibility, cash flow and Credit Union SBA policy compliance.
• Market and promote SBA lending within AFCU, Centers of Influence and the local community.
• Liaison with SBA Underwriters, Closers and servicing staff to facilitate meeting SBA customer needs.
• Develop and maintain relationships with centers of influence to generate additional SBA loan opportunities.
• Liaison with the local SBA District office, Small Business Development Centers and other related groups and/or organizations.
• Gain thorough knowledge of SBA guidelines and processes.
• Actively involved in all SBA and commercial underwriting training opportunities.
• Perform financial and background analysis of new commercial business loan requests:
  • Request and gather complete financial information for all borrowers and guarantors applying for a loan.
  • Input gathered information into lending recommendation and perform analysis of information.
  • Give insight and recommendations on how a loan might be structured and approved.
  • Follow all policies and procedures in preparing loan recommendation packets for submission to loan review committee.
  • Ensure all files are completed and in filing order when turned over to the loan administration group.
• Perform financial and background analysis of existing commercial business loans:
  • Gather complete financial information for all existing borrowers and guarantors.
  • Input gathered information into lending review and perform analysis of information.
  • Give insight on performance and recommendations on future actions.
  • Follow all policies and procedures in preparing loan recommendation reviews for submission to loan review committee.
  • Ensure all files are completed and in filing order when turned over to the loan administration group.
• Assigned loans:
  • Assigned loan portfolio monitoring.
  • Writing Credit Memorandums on any issues or changes to any assigned loan.
  • Working out collection arrangements as needed.
  • Communicating issues on loans to supervisors.
• Ensure that professional business relations exist with members, vendors and trade professionals:
  • Represent the Credit Union in contacts with business and trade professionals.
  • Ensure that requests, questions, and problems are courteously and professionally resolved.
  • Ensure that the Credit Union’s professional reputation is maintained both internally and externally.
  • Assume responsibility for establishing and maintaining professional business relations and providing high quality services to members and business contacts.
  • Obtain and convey information as needed.
  • Resolve or refer questions and requests promptly and courteously.
  • Maintain and project the Credit Union’s professional reputation.
  • Maintain confidentiality.
• To grow SBA loan portfolio and contact new and existing businesses seeking lending opportunities:
  • Solicit and service a variety of commercial loans.
  • Interview applicants and recommend approval of customer applications for commercial loans.
  • Analyze applicant financial status and credit to determine feasibility of granting loan.
• Other related duties as required:
  • Complete miscellaneous duties as needed.
  • Ensure that work areas are clean, secure, and well maintained.
  • Complete special projects as assigned.

Qualifications

• College graduate business related field (preferable).
• Understands and can perform financial calculations.
• Experience with financial software, policies and procedures.
• Level II - Minimum 2 years related experience (preferable).
• Level III - Minimum 3-5 years related experience (preferable).
• Credit Analyst experience 3+ years preferred.

Requirements

• Knowledge of Credit Union policies, procedures and requirements.
• Familiarity with Credit Union products and processes (CSAIR, TALON, InBranch, HostLink, Instant membership, LoanPro, Imaging, OnDemand).
• Finance and banking knowledge.
• Basic knowledge of SBA SOPs, program eligibility, credit criteria and loan structure requirements.
• Sales/outside calling skills.
• Ability to understand credit risk and evaluate and disclose risk in a relationship.

Skills/Abilities

• Well organized.
• Attentive to detail.
• Good writing skills.
• Solid communication abilities.
• Able to work independently and determine priorities.
• Ability to assist others.
• Self-starter.