SBA Loan Officer

3 days ago


Le Pontet, Provence-Alpes-Côte d'Azur, United States Mountain America Credit Union Full time
Job Summary

The SBA Loan Officer II is a key member of our team, responsible for originating and structuring SBA loan requests. This individual will meet with applicants to explain credit policies and obtain loan information and documentation. The SBA LO II will serve borrowers and prospective borrowers promptly and professionally, providing general credit union information, cross-selling services, and working to ensure the origination of quality loans.

Responsibilities
  • Solicits and develops new business, takes applications, and processes preliminary documentation for loan requests.
  • Explains loan products and related credit criteria to elicit positive responses from members.
  • Evaluates credit data, cash flow, financial statements, and collateral to determine the credit worthiness of applicants.
  • Presents and helps prepare credit proposals, including recommendations for pricing, terms, and structure to approving authority.
  • Understands personal and business financial statement analysis, cash flow, and business/personal tax returns.
  • Works alongside lending support teams to maintain a high quality of work and efficiency in operations.
  • Ensures that members' requests and questions are promptly resolved.
  • Conducts property inspections as necessary.
  • Reviews maturing loan reports and is proactive in completing prospective loan decisioning.
  • May assist with the collection of delinquent accounts.
  • Completes required pipeline, incentive, and related reports and records accurately and promptly.
  • Attends and participates in sales and loan committee meetings as required.
Requirements
  • 4 years of commercial lending/sales or related sales experience.
  • Knowledge of commercial products and services.
  • Bachelor's degree in business, finance, or related field from an accredited university or 4 years in a progressive lending position.
  • Must qualify for access to SBA systems and not be listed on any SAM search or SBA debarment lists.
Working Conditions

The SBA Loan Officer II will work in a fast-paced environment, requiring strong organizational skills, attention to detail, and the ability to work autonomously and collaboratively. The ideal candidate will have a strong understanding of Member Business Lending, NCUA, and credit union guidelines for commercial loans, as well as SBA eligibility and loan closing procedures.


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