SBA & USDA Loan Officers

The SBA & USDA Loan Officer (SBA LO) is responsible for working with customers and potential customers to identify SBA / USDA loans throughout the Bank's footprint or the SBA LOs assigned Regions.

This role is responsible for originating / producing SBA / USDA Loans, preparing the Write Up / MEMO, Prescreen, determining eligibility per the SBA SOP / USDA Requirements and submitting to the SBA / USDA staff for processing and on-going servicing.

ESSENTIAL DUTIES AND RESPONSIBILITIES

• Performs all functions in accordance with all applicable laws and regulations, including but not limited the Regulations, Credit Policies, Policies & Procedures, and the SBA SOP at our client bank.
• Extensive knowledge of the SBA 7a loan programs, products and services (and general knowledge of USDA RD One).
• Ensures confidential, sensitive information and data of all customers, the bank, its customers, potential customers, and its employees is secured and disposed of in accordance with bank policy guidelines established by each business unit.
• Originates sufficient volume of SBA Loans (7a and 504).
• Assists SBA Credit Analyst / Underwriter & Closing Specialist or LSP in collection of documents to complete the application & closing process.
• Determines which documentation is required in accordance with both loan size and collateral. Responds accurately to borrower’s applicant's questions regarding the necessity of required documentation.
• Keeps track of COI / referral sources and Loan Referral Fee Agreements.
• Prepare MEMO / Write UP of all SBA / USDA loans presented for review, discuss the with Management and CLO.
• This position is 100% remote

EDUCATION AND EXPERIENCE

Broad knowledge of such fields as accounting, marketing, business administration, finance, etc. Equivalent to a four-year college degree, plus 2 years related experience and / or training, or equivalent combination of education and experience.

PREFERRED CERTIFICATES, LICENSES, REGISTRATIONS

SBA 7a

SBA 504

SBA Express / LOC

ADDITIONAL INFORMATION

Required education and experience :

• Two (2) years of experience and knowledge of SBA 7a products & services
• Knowledge of SBA SOP / regulatory requirements and standards applicable to SBA 7a Program

Required Proficiencies :

• Strong interpersonal skills and the ability to work with all levels of management and staff required.
• Excellent verbal and written communication skills to effectively communicate with business customers and all levels within the organization.
• Excellent organizational skills with ability to handle multiple priorities, goal oriented, and excellent time management skills.
• Ability to develop strategies, make cold calls, and perform market analysis to identify referral sources (COI's); and potential SBA borrower.
• Must have the ability to identify and originate and sell SBA loans.
• Basic knowledge of Prescreening financials (able to complete Prescreen Analysis)

Please apply to david.boldongogpac

All qualified applicants will receive consideration without regard to race, age, color, sex (including pregnancy), religion, national origin, disability, sexual orientation, gender identity, marital status, military status, genetic information, or any other status protected by applicable laws or regulations.

GPAC (Growing People and Companies) is an award-winning search firm specializing in placing quality professionals within multiple industries across the United States since 1990.

We are extremely competitive, client-focused and realize that our value is in our ability to deliver the right solutions at the right time.