Senior SBA Operations Officer

1 day ago


La Mirada, California, United States Open Bank Full time
Job Title: FVP & SBA Operations Officer IV

At Open Bank, we are seeking a highly skilled and experienced FVP & SBA Operations Officer IV to join our team. This role is responsible for providing on-going support to the SBA Loan Center in processing and servicing SBA loans.

Key Responsibilities:

  • Prepare and process PLP loan applications for SBA approval.
  • Review loan files for conditions of approval and follow through to obtain proper and complete documentation.
  • Review preliminary title reports for acceptable exceptions and request payoff-demands.
  • Review all collateral documents along with any underwriting conditions submitted in the loan package to verify completeness and accuracy in accordance with all policies and procedure requirements.
  • Monitor and maintain the loan portfolio via the Bank's tickler tracking system to ensure proper recorded documentation, insurance, UCC filings, and covenant and compliance of financials and tax returns.

Requirements/Qualifications:

  • Bachelor's degree in Business Administration or related field or equivalent experience required.
  • Minimum five years of experience in lending required.
  • Ability to retain a broad knowledge of tasks performed in the lending functions.
  • Ability to analyze and organize financial information and perform complex financial calculations.
  • General knowledge of lending regulations, lien laws, and loan documentation.
  • Present a professional image in dealing with customers, interdepartmental, and external representatives.

Employee Benefits & Perks:

  • Medical, Dental, & Vision: Open Bank offers medical, dental, and vision insurance for all full-time employees and their immediate family members.
  • Life, Accidental Death & Dismemberment, & Long-Term Disability: Open Bank pays 100% of the cost.
  • Flexible Spending Account (FSA): Tax-advantaged financial accounts are offered for employees to pay for eligible out-of-pocket expenses (health, dependent care, transit, and parking) with pre-tax dollars.
  • 401(k) Retirement Savings Plan: Open Bank matches 100% of the first 6% of employees' contributions.
  • Paid Time Off (PTO): Employees begin to accrue PTO hours at the time of hire to use for vacation, illness, or other personal reasons.
  • Employee Assistance Program (EAP): The EAP offers counseling sessions, online tools and resources, and legal and financial guidance for employees and their family.
  • Company Paid Lunch: Open Bank provides company paid lunch twice a week.

To learn more about Open Bank and our career opportunities, please visit our website: https://myopenbank.com/about/#



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