Job Posting for SBA Loan Officer at Commonwealth Business Bank
POSITION OVERVIEW
The SBA Loan Officer underwrites and processes new loan requests.
POSITION RESPONSIBILITIES
Supports credit lending decisions by analyzing SBA loan request, underwriting, structuring, and the closing of SBA loans
Ensures all information is accurate and complete. All guidelines, policies and procedures, and regulation are to be followed
Creates financial spreadsheets and analyze, structure and underwrite loans
Develops cash flow from tax returns
Originates loans from application to closing and work closely with Escrow, Title and all parties involved
Monitors and report delinquencies
Performs periodic portfolio maintenance
Prepares loan compliance reports
Timely collection of financial updates
Conducts site visitation
Manages new and existing clients
Complies fully with all Bank policies and procedures as well as all regulatory requirements (e.g. Bank Secrecy Act, Anti-Money Laundering, Code of Conduct, and etc.). Must complete all required training
SKILLS / QUALIFICATIONS
Working knowledge of credit analysis
Ability to work on multiple loans simultaneously
Working knowledge of Microsoft Office
Effective written, verbal and organizational skills and meticulous attention to detail
Ability to deal effectively and tactfully with all types of customers
EDUCATION / EXPERIENCE
Minimum of 3-5 years of experience in SBA
Bachelor’s Degree from an accredited 4-year University
Salary.com Estimation for SBA Loan Officer in Los Angeles, CA
$65,992 to $98,163
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