What are the responsibilities and job description for the SBA Loan Officer position at Commonwealth Business Bank?
POSITION OVERVIEW
This position underwrites and processes new loan requests
POSITION RESPONSIBILITIES
- Ensures all information is accurate and complete. All guidelines, policies and procedures, and regulation are to be followed
- Creates financial spreadsheets and analyzes, structures and underwrites loans
- Originates loans from application to closing and work closely with Escrow, Title and all parties involved
- Monitors and reports delinquencies
- Prepares loan compliance reports
- Timely collects 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 on credit analysis
- Ability to work on multiple loans simultaneously
- Excellent time management
- Working knowledge of Microsoft Office
- Effective written, verbal and organizational skills and meticulous attention to detail
EDUCATION / EXPERIENCE
- Bachelor’s degree from accredited 4‐year University
- Minimum of 3 years of experience in SBA
We offer a competitive total rewards package, including but not limited to Medical, Dental, Vision, and Life Insurance, 401k retirement savings plan, and paid federal holidays, for this full-time position within the annual salary range of $55,000 - $75,000. Annual pay ranges are determined based on qualifications, level, and location. Exact compensation may vary based on your skills and experience.
Must be authorized to work in the US.
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, or military or Veteran status, or any other characteristic protected by law.
Salary : $55,000 - $75,000
