Lending Officer

6 days ago


Los Angeles, United States COMMONWEALTH BUSINESS SYSTEMS Full time

OSITION OVERVIEW

The Lending Officer is responsible for the bank’s overall credit quality of the SBA loan portfolio.

POSITION RESPONSIBILITIESPerforms credit review of SBA loan packages submitted for the purpose of evaluating credit quality and adequacy of loan file documentation with respect to SBA guidelines and requirements and the Bank’s loan policy and proceduresProvides recommendation for final credit grades and eligibility for CLO, MLC and DLC to approveMonitors and verifies that SBA loans have obtained proper approval levelsMonitors and verifies monthly bank-wide loan production dataMonitors and verifies month end loan balances and loan portfolio reportsResponsible for collecting and maintaining accurate production of various reports in accordance to the Bank’s Loan Monitoring Guidelines and for preparing and submitting related reports to CLO, MLC, and DLCResponsible for preparation, coordination and follow-up of the regulatory examinations by FRB, DFI, PARRiSReviews and loan review auditsMonitors and performs reviews of SBA loans at the individual and portfolio levels on a periodic basis as to their compliance with the loan covenants and the ticklers and the appropriateness of risk ratingsMaintains knowledge of all internal and external risk factors for all credit transactionMonitors ongoing changes to SBA guidelines and regulations and implementation of changes to Bank’s SBA loan policies and proceduresReviews of loan policy and procedures in conjunction with types of loans reviewedRecommends credit policy changes/enhancements where warranted to further improvement processesActs as a liaison among lending units, CLO, and Credit Admin in carrying out the loan policies and loan guidelines of the bankPerforms other duties and projects as assigned by the CLO and other senior managementEnsures compliance with all applicable laws and regulations with respect to the loan portfolioComplies fully with all Bank policies and procedures as well as all regulatory requirements (e.g. Bank Secrecy Act, Anti-Money Laundering, Code of Conduct, and etc.). Must complete all required trainingSKILLS / QUALIFICATIONS

Requires overall qualification to successfully handle the duties described aboveCommercial lending experienceIn-depth knowledge of credit analysis on CRE, C&I, SBA and Trade Finance loansExcellent inter-personal skills due to heavy communication with lending staff and senior managementStrong ability to multi-task and high attention to detailEDUCATION / EXPERIENCE

Bachelor’s degree preferredMinimum of 2 years’ experience

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