SBA Loan Officer

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Description

Position Summary: Generates SBA loans and lines. Works in partnership with loan officers and sales staff to develop new SBA business relationships. Also, should have a COI referral base and be able to further develop referral business brokers. Responsible for originating and funding SBA loans in designated area. Annual production objectives are generally around $10 million.

Essential Functions:

• Ability to generate $8-10MM+ in new 7A Loan and SBA Express originations on an annual basis.

• Ability to determine SBA eligibility and structure the loan request.

• Ability to complete a comprehensive summary of the deal to credit along with all required documentation from the customer so that credit can deliver a quick answer.

• Ability to work independently and be self-motivating.

• Proven track record/ability to demonstrate 7A and Express SBA loan closing volume over the last few years.

We will be looking to focus on owner occupied loans with the expectation that we will see some acquisition and expansion loans. We want to focus on the professional services, manufacturing, distribution, transportation, and retail sectors. We would like to see the development of relationships with major franchisors expanding into our lending territory.

Our goal with this position is to primarily drive 7A and Express SBA production volume.

Requirements

Desired Qualifications

• Thorough knowledge of the SBA lending programs as specified in the SOP 50-10-7.

• Five plus years of small business lending with a preference of most of those years in SBA lending.

• Must be or be working toward becoming an expert in SBA eligibility and knowledge of structuring the loan to meet SBA eligibility.

• Proven ability to effectively communicate the advantages of the SBA programs with prospective customers and to win the confidence of internal banking officers who would refer deals.

• Maintain consistent and effective communications with internal referring banking officers.

• Build a network of brokers who can refer quality deals.

• Must be able to read and spread financials, making balance sheet adjustments to reflect the balance sheet if the loan were to be made.

PHYSICAL REQUIREMENTS:

• Ability to work full time, 40 hours per week.

• Ability to work additional hours if there is a business need.

• Standing occasionally, 33%-65% per day.

• Sitting frequently, 66% or more per day.

• Speaking frequently, 66% or more per day.

• Listening frequently, 66% or more per day.

• Climbing rarely, less than 33% per day.

• Stooping, squatting, rarely, less than 33% per day.

• Lifting up to 25lbs, occasionally, 33%-65% per day.

• Manual dexterity, and fine hand manipulation, frequently, 66% of more per day.

• Overhead work, rarely, less than 33% per day.

If you need reasonable accommodation to do the essential job functions, please provide details on the accommodation you would like to request.

The above noted job description is not intended to describe, in detail, the multitude of tasks that may be assigned but rather to give the employee a general sense of the responsibilities and expectations of his/her position. As the nature of business demands change so, too, may the essential functions of this position.