Job Details
JOB SUMMARY Develop and manage SBA loan accounts that meet established lending requirements, and which provide maximum profitability to the bank with a minimum of risk.
RESPONSIBILITIES
Seeks out opportunities to promote SBA lending at Stearns Bank through industry contacts and informal networks. Increases the Bank s visibility as SBA Preferred Lender through community outreach and public speaking opportunities.
Development of SBA referral partners through business development efforts, industry & trade associations, while maintaining awareness of SBA program changes.
Interview loan applicants and collect and analyze financial data to determine the general creditworthiness of the prospect and the merits of the specific loan request. Make presentations to loan committee for further advice on approval.
Monitor loan repayment activities and take necessary action to collect past due accounts.
Establish and maintain a quality SBA portfolio within guidelines by adhering to the SBA and bank credit process and exercising sound judgement when booking new business.
Responsible for the flow of SBA loan throughout application and approval phase of credit, this includes all processing channels. Directs the closing of loan and oversees the servicing of the loan to ensure the bank complies with all legal, regulatory, and SBA requirements.
Develops and maintains relationships with commercial bankers throughout Stearns Bank to assist them in the identification and initiation of sales opportunities to customers by providing access to the full range of SBA loan products and services.
Coordinate and present SBA seminars to Stearns Bankers and/or customers in an effort to continually promote the knowledge and use of SBA loan programs and its benefits to both the bank and borrower.
Effectively use bank systems and other technology to the fullest extent of their capabilities to include lead tracking, opportunities, file notes, underwriting, processing, closings, and servicing workflows.
Loss prevention and security as applicable for this position.
QUALIFICATIONS
Bachelor s degree from a four-year college or university preferred but will consider commensurate experience.
Minimum of 5 years commercial lending experience. SBA experience preferred.
Exceptional business development, relationship building, and negotiation skills.
Excellent oral and written communication skills.
Flexible and able to multi-task. Proven ability to work in a fast-paced environment.
Excellent organizational, time-management and problem-solving skills.
Strong computer skills.