SBA Senior Credit Officer (Project Management)

loan application and submission documentation (character determination, citizenship, ownership, and other eligibility) at time of underwriting for full compliance with SBA, 7a, ITL, SLA, and Express loans, lender credit standards, and feasibility of the proposed transaction. Utilize checklists and file system tools, communicate any deficiencies with team and issue appropriate letters and communications to drive the underwriting process.
Work with referral sources for the front-end review of loan submissions to determine whether to pursue the transaction.
May be granted loan credit authority of up to $750,000. When so, decision credits, with a focus on approving loan requests that meet lender policy and conforms to the appropriate SBA loan program, meeting all SOP requirements
Take advanced training as needed to remain up to date on all changes to the SBA program.
Assist with the annual reviews of credit staff, working with the CCO and credit manager to determine performance and annual goals for credit staff.
Determine loan request's eligibility in terms of the lender's policy and guidelines as well as the SBA's Standard Operating Procedure. Structure transactions in order to meet lender's guidelines and the appropriate SBA loan program.
Communicate with borrowers, sales team, lenders, outside referral sources, and internal team members. Speak with applicant/borrower to determine the knowledge and acceptability of the applicant.
Prepare detailed financial analyses of borrowing entity, any corporate guarantors and/or affiliates, and principles in the transaction. Obtain, review, and approve all credit reports, UCC searches, CAIVRS, OFAC, and other necessary documentation for accuracy, compliance, and acceptability for SBA guaranty and lender compliance with regulators. Analyze bids and contracts, plans and/or drawings, for construction projects accounting or all hard and soft costs, feasibility, etc.
Generate a written Credit Approval Memorandum reflecting a full underwriting of the proposed transaction meeting SBA/lender standards for approval within 5 days of receipt (for nonfranchise loans, within 10 days of receipt). The completed analysis includes but is not limited to: financial statement analysis; description of the industry, business history, demographics, management experience and competition; SBA compliance; and the loan request's conformance to credit policy, and the lender's guidance lines when applicable. This includes the most complex transactions.

Assemble complete loan committee packages when needed and work with management for presentation to the lender's loan committee when needed. Prepare to discuss or present all loans.
Prepare and forward all letters of approval or declination in accordance with internal process.
Order, review and approve third party reports including commercial and residential appraisals, environment reports, business valuations, site visits, and equipment appraisals in accordance with lender's/SBA standards for compliance, using lender forms when applicable.
Provide for the accurate reporting of all loan updates and status changes within lender's loan processing, surviving platform systems, with at least weekly updates to include comments, status and completion of tasks in lender's software. Take training courses as offered regarding changes to the Standard Operating Procedure.
Work with the closing department to facilitate the closing of loan requests and handle credit-related issues as needed. Prepare timely modifications as needed to complete loan closing process, confirming approvals are in place (internal, SBA and committee) when required, and obtain necessary approvals.
Provide credit support and SBA processing as needed to perform annual financial analysis of loans in the portfolio as called for, and evaluate borrower servicing requests, loan modifications, workout or routine. Work with loan servicing to perform annual financial analysis of loans in the portfolio as needed.
Perform other related duties as assigned

Required Skills/Abilities:

Strong working knowledge of accounting; credit and underwriting analysis
Strong working knowledge of government guaranty loan program (SBA, 7a, 504, SLA, Express, USDA B&I), including changes to the programs implemented by the governing agency
Strong working knowledge of all aspects credit with the ability to balance client accommodation and the best interests of the lender
Superior problem solving/negotiation skills
Ability to analyze and approve leases, purchase contracts, trust documents, and other applicable paperwork
Excellent verbal, written, and interpersonal communication skills
A team player able to work effectively in a team fostered, multi-tasking environment
Proficient in Microsoft Office suite, e.g. Excel, PowerPoint, Word, Outlook

Education and Experience:

An undergraduate degree in Business, finance, or a related field or an equivalent combination of training and experience.
A minimum of 10 years related experience in SBA credit underwriting preferred; or over 8 years of complex commercial credit underwriting and/or specialty lending experience; 5-8 years related experience in SBA lending.
Experience managing credit staff preferred
Formal bank credit training preferred

Physical Demands and Work Environment:
The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this position. Reasonable accommodations may be made to enable individuals with disabilities to perform the functions.
While performing the duties of this position, the employee is regularly required to talk or hear. The noise level in the work environment is usually moderate. Specific vision abilities required by this position include close vision, distance vision, color vision, peripheral vision, and the ability to adjust focus. The employee frequently is required to use hands or finger, handle, or feel objects, tools, or controls. The employee is occasionally required to stand; walk; sit; reach with hands and arms; climb or balance; and stoop, kneel, crouch, or crawl. The employee must occasionally lift and/or move up to 25 pounds. Onsite work environments are climate controlled.
Note:
We are an equal opportunity employer and all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity or expression, pregnancy, age, national origin, disability status, genetic information, protected veteran status, or any other characteristic protected by law.
This job description is not designed to cover or contain a comprehensive list of activities, duties, or responsibilities that are required of the employee. They may change, or new ones may be assigned at any time with or without notice. Employees will be required to follow any other job-related instructions and to perform any other job-related duties requested by any person authorized to give instructions or assignments. All duties and responsibilities are essential functions and requirements and are subject to possible modification to reasonably accommodate individuals with disabilities. To perform this job successfully, the incumbents will possess the skills, aptitudes, and abilities to perform each duty proficiently. Some requirements may exclude individuals who pose a direct threat or significant risk to the health or safety of themselves or others. The requirements listed in this document are the minimum levels of knowledge, skills, or abilities. This document does not create an employment contract, implied or otherwise, other than an "at-will" relationship.