Job Description
POSITION OVERVIEW
The SBA Loan Officer underwrites and processes new loan request.
POSITION RESPONSIBILITIES
- Supports credit lending decisions by analyzing SBA loan request, underwriting, structuring, and the closing of SBA loans
- Ensures all information is accurate and complete. All guidelines, policies and procedures, and regulation are to be followed
- Creates financial spreadsheets and analyze, structure and underwrite loans
- Develops cash flow from tax returns
- Originates loans from application to closing and work closely with Escrow, Title and all parties involved
- Monitors and report delinquencies
- Performs periodic portfolio maintenance
- Prepares loan compliance reports
- Timely collection of financial updates
- Conducts site visitation
- Manages new and existing client
SKILLS / QUALIFICATIONS
- Working knowledge on credit analysis
- Ability to work on multiple loans simultaneously
- Working knowledge of Microsoft Office
- Effective written, verbal and organizational skills and meticulous attention to detail
- Ability to deal effectively and tactfully with all types of customers
EDUCATION / EXPERIENCE
- Minimum of 5 years of experience in SBA
- Bachelor’s Degree from an accredited 4-year University