Description
Spreads financial statements, analyzes, recommends approval or declines of SBA loan applications for term, and line of credit loans and any other credit applications deemed necessary for aggregate commercial exposure less than $1,000,000. Uses prudent judgment in applying guidelines and standards to the credits assigned to evaluate risk. Performs financial analysis and collateral evaluations, then assesses and assigns the appropriate credit risk rating while considering the SBA loan policy guidelines. Communicates the underwriting decision, determines the potential for up sells or cross sells and makes recommendations to the SBA Business Development Officers, and Corporate Bankers.
Essential Job Responsibilities
1. Spreads financial statements, analyzes, recommends approval or decline of applications for, term, and line of credit loans, and any other credit applications deemed necessary for aggregate commercial exposure less than $1,000,000.
2. Uses prudent judgment in applying guidelines and standards to the credits assigned to evaluate risks.
3. Performs financial analysis and collateral evaluations, then assesses and assigns appropriate credit risk rating while considering the current loan policy guidelines.
4. Communicates underwriting decisions to the SBA BDOs and Commercial Lenders, and explains the reasons behind the decisions while adhering to the service level agreements as set forth by the SBA Lending Executive.
5. Determines potential for up-selling or cross-selling and makes recommendations to the Corporate Bankers.
6. Knows, understands and adheres to all procedures for compliance and regulations, including the SBA's Standard Operating Procedures (SOP) Guidelines.
7. Addresses and resolves inquiries in a timely manner.
8. Provides assistance or guidance to Business Solutions Underwriters, Corporate Bankers, portfolio managers, and operation specialists as needed.
9. Completes any reports required.
10. Works with SBA loan closing group to effectively bring loan requests to close.
Bona Fide Occupational Qualifications
1. A Bachelor's degree and a minimum of one (1) years of related experience or a cumulative equivalent related experience are required.
2. Proficient reading, writing, grammar, analytical, mathematical, communication and interpersonal relation skills required.
3. Requires computer skills including Microsoft Word and Excel; and knowledge of the U.S. Small Business Administration (SBA) loan guaranty programs, specialist documentation, and eligibility requirements.
Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities
The contractor will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the contractor’s legal duty to furnish information. 41 CFR 60-1.35(c)
Apply on company website
Find Connections via Linkedin
