SBA Credit Officer
CRE Finance Council, Los Angeles, CA, United States
SUMMARY
The SBA Credit Officer is responsible for assisting Commercial, C&I, SBA, Real Estate Lending, Consumer and Commercial Equipment Leasing with credit underwriting and analysis of loan requests and preparation of written loan submissions. Conducts credit analyses including gathering, analyzing and interpreting all types of credit information on existing and prospective customers and portfolios. Makes recommendations and/or decisions regarding the extension of credit. Investigates and analyzes credit. Monitors customer accounts and loan portfolios in order to maximize credit quality and minimize risk and potential loss. Prepares and presents credit files to committees for use in the making of lending decisions on new, renewal and extension loans. Maintains control over the credit standings of accounts and furnishes information relative to credit inquiries, as appropriate.
Ensures compliance with established Bank policies and procedures. Demonstrates knowledge of, adherence to, monitoring and responsibility for compliance with state and federal regulations and laws as they pertain to this position including GLBA, Regulation Z, Regulation DD, Regulation B, Dodd–Frank, Elder Abuse Laws, Bank Secrecy Act, USA PATRIOT Act, Anti‑Money Laundering, Customer Information Program, Right to Financial Privacy Act and Community Reinvestment Act.
REQUIRED DUTIES
Assist with credit presentations to include financial statement spreads, covenant testing, collateral analysis, obligor/facility ratings, cash flow analysis, relationship exposure, and underwriting.
Actively evaluate property, sponsorship, global cash flow (using company approved software), contingent liability of the loan/guarantor on a deal‑by‑deal basis.
Conduct site visits, meetings, and interviews with borrowers.
Prepare file approval memorandums summarizing results and validate Credit Risk Ratings in compliance with the company’s policy and procedures.
Monitor delinquencies, covenant compliance, etc.
Provide direct support to Senior Credit Officers/Credit Manager to develop and analyze all relevant credit information in conjunction with account officers for complex commercial and business loans.
Make recommendations for approval or non‑approval.
Work with processing/funding to ensure accurate flow of information in documents to provide efficient closing of loan funding.
Attend, prepare and present new and additional credit proposals in loan committee meetings.
Track credit package completions.
Request re‑documentation of loans that have undergone name, organizational or address changes.
Assist in preparation of loan approval documents such as account numbers, balances and entities.
Provide customer service, including meeting and greeting customers in person and on the phone.
Proficiency in analyzing business and individual tax returns/financial statements to identify recurring and non‑recurring sources of cash flow.
Prepare basic and/or preliminary analysis on the company and its guarantors, identifying purpose of loan, sources of repayment, appropriateness of structure, risks and mitigants.
Perform thorough analysis of combined DSCR for underwriting of guarantors.
Proficiency in analyzing credit and other reports on companies and individuals; conduct research on specific industries or companies.
Review formation documents for borrowers, determine appropriate borrowing signing authority, order and review good standing certificates, UCC searches and other compliance documents.
Review loan documentation for consistency and accuracy relative to approved credit narratives and compliance with bank’s credit guidelines.
Monitor existing credit facilities for financial and reporting covenant compliance; prepare and review compliance logs; notify borrowers and guarantors of missing reports and non‑compliance.
Assist portfolio managers, business bankers and credit administration in early identification of problem loans and provide recommendations for changes in current rating.
Treat people with respect; keep commitments; inspire trust; work ethically and with integrity; uphold organizational values; accept responsibility for own actions.
Demonstrate knowledge of and adherence to EEO policy; respect cultural differences; promote a harassment‑free environment; support affirmative action.
Follow policies and procedures; complete tasks correctly and on time; support company’s goals and values.
Perform duties safely, complying with OSHA Act of 1970 and related regulations.
Perform duties specific to the position and other functions as assigned.
MINIMUM REQUIREMENTS
Bachelor’s degree and 3+ years of experience in commercial or SBA lending – specifically, property cash flow analysis and appraisal valuation methods.
Commercial or SBA analysis/underwriting experience a plus.
Commercial business analysis skills (secondary to CRE analysis experience) a plus.
Financial analysis experience of business or CRE investment financial statements, CRE investment tax returns and individual financial statements and tax returns.
The ability to present written credit memorandums clearly and present credits to management/board loan committee.
Intermediate experience, knowledge and training in all lending activities and terminology.
Ability to make a conclusive recommendation based on independent analysis.
Ability to handle multiple transactions at once and work well in a team‑oriented environment.
Strong customer service, relationship development and management skills.
Intermediate skills in computer terminal and personal computer operation; mainframe computer system; word processing and spreadsheet software programs.
Intermediate math skills; ability to calculate interest, commissions, proportions, and percentages; compute rate, ratio and percent; balance accounts; locate routine mathematical errors; interpret bar graphs.
Ability to deal with complex problems involving multiple facets and variables in non‑standardized situations.
Pay $54,800 - $88,800 per year. Salary reflects the full, reasonably expected salary range for this position. Successful candidates may be eligible for bonus, stock, commissions, and incentives at the company’s sole discretion. We offer a comprehensive benefits package, which may include vacation leave, paid holidays, medical, dental, vision, life and disability insurance for employees and dependents, voluntary benefit offers and optional retirement accounts.
We are an Equal Opportunity Employer. All applicants will receive consideration for employment without regard to race, color, ancestry, religion, sex, national origin, sexual orientation, age, marital status, disability, gender identity, gender expression, genetic information, military or Veteran status, or any other characteristic protected by law.
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Ensures compliance with established Bank policies and procedures. Demonstrates knowledge of, adherence to, monitoring and responsibility for compliance with state and federal regulations and laws as they pertain to this position including GLBA, Regulation Z, Regulation DD, Regulation B, Dodd–Frank, Elder Abuse Laws, Bank Secrecy Act, USA PATRIOT Act, Anti‑Money Laundering, Customer Information Program, Right to Financial Privacy Act and Community Reinvestment Act.
REQUIRED DUTIES
Assist with credit presentations to include financial statement spreads, covenant testing, collateral analysis, obligor/facility ratings, cash flow analysis, relationship exposure, and underwriting.
Actively evaluate property, sponsorship, global cash flow (using company approved software), contingent liability of the loan/guarantor on a deal‑by‑deal basis.
Conduct site visits, meetings, and interviews with borrowers.
Prepare file approval memorandums summarizing results and validate Credit Risk Ratings in compliance with the company’s policy and procedures.
Monitor delinquencies, covenant compliance, etc.
Provide direct support to Senior Credit Officers/Credit Manager to develop and analyze all relevant credit information in conjunction with account officers for complex commercial and business loans.
Make recommendations for approval or non‑approval.
Work with processing/funding to ensure accurate flow of information in documents to provide efficient closing of loan funding.
Attend, prepare and present new and additional credit proposals in loan committee meetings.
Track credit package completions.
Request re‑documentation of loans that have undergone name, organizational or address changes.
Assist in preparation of loan approval documents such as account numbers, balances and entities.
Provide customer service, including meeting and greeting customers in person and on the phone.
Proficiency in analyzing business and individual tax returns/financial statements to identify recurring and non‑recurring sources of cash flow.
Prepare basic and/or preliminary analysis on the company and its guarantors, identifying purpose of loan, sources of repayment, appropriateness of structure, risks and mitigants.
Perform thorough analysis of combined DSCR for underwriting of guarantors.
Proficiency in analyzing credit and other reports on companies and individuals; conduct research on specific industries or companies.
Review formation documents for borrowers, determine appropriate borrowing signing authority, order and review good standing certificates, UCC searches and other compliance documents.
Review loan documentation for consistency and accuracy relative to approved credit narratives and compliance with bank’s credit guidelines.
Monitor existing credit facilities for financial and reporting covenant compliance; prepare and review compliance logs; notify borrowers and guarantors of missing reports and non‑compliance.
Assist portfolio managers, business bankers and credit administration in early identification of problem loans and provide recommendations for changes in current rating.
Treat people with respect; keep commitments; inspire trust; work ethically and with integrity; uphold organizational values; accept responsibility for own actions.
Demonstrate knowledge of and adherence to EEO policy; respect cultural differences; promote a harassment‑free environment; support affirmative action.
Follow policies and procedures; complete tasks correctly and on time; support company’s goals and values.
Perform duties safely, complying with OSHA Act of 1970 and related regulations.
Perform duties specific to the position and other functions as assigned.
MINIMUM REQUIREMENTS
Bachelor’s degree and 3+ years of experience in commercial or SBA lending – specifically, property cash flow analysis and appraisal valuation methods.
Commercial or SBA analysis/underwriting experience a plus.
Commercial business analysis skills (secondary to CRE analysis experience) a plus.
Financial analysis experience of business or CRE investment financial statements, CRE investment tax returns and individual financial statements and tax returns.
The ability to present written credit memorandums clearly and present credits to management/board loan committee.
Intermediate experience, knowledge and training in all lending activities and terminology.
Ability to make a conclusive recommendation based on independent analysis.
Ability to handle multiple transactions at once and work well in a team‑oriented environment.
Strong customer service, relationship development and management skills.
Intermediate skills in computer terminal and personal computer operation; mainframe computer system; word processing and spreadsheet software programs.
Intermediate math skills; ability to calculate interest, commissions, proportions, and percentages; compute rate, ratio and percent; balance accounts; locate routine mathematical errors; interpret bar graphs.
Ability to deal with complex problems involving multiple facets and variables in non‑standardized situations.
Pay $54,800 - $88,800 per year. Salary reflects the full, reasonably expected salary range for this position. Successful candidates may be eligible for bonus, stock, commissions, and incentives at the company’s sole discretion. We offer a comprehensive benefits package, which may include vacation leave, paid holidays, medical, dental, vision, life and disability insurance for employees and dependents, voluntary benefit offers and optional retirement accounts.
We are an Equal Opportunity Employer. All applicants will receive consideration for employment without regard to race, color, ancestry, religion, sex, national origin, sexual orientation, age, marital status, disability, gender identity, gender expression, genetic information, military or Veteran status, or any other characteristic protected by law.
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