Washington Trust Bank · 2 months ago
SBA Loan Specialist
Moses Lake, Washington, United States
Full-time
Hybrid
Senior Level
$64K/yr - $96K/yr
5+ years expWashington Trust Bank is focused on helping small business clients achieve their goals while being part of a dedicated SBA Team. The SBA Loan Specialist will facilitate SBA transactions, provide education on SBA lending benefits, and develop strategies to originate SBA loans in collaboration with Relationship Managers.
FinanceFinancial Services
Responsibilities
Provides SBA education and resources to Relationship Managers on an ongoing basis to ensure widespread knowledge of the SBA programs and attributes available by providing periodic group presentations, one-on-one consultations, reference and marketing materials and an intranet site
Implements client specific SBA communication plans to establish and maintain excellent client relationships and identify client needs
Responsible for marketing SBA products/services to identified clients/referrals at the direction of department managers including preparing for joint client meetings and follow-up as necessary
Generates eligibility determinations, structures transactions and solicits requisite application documents for SBA loans
Assists Relationship Managers by selecting and helping implement SBA lending programs as appropriate based on the needs of the client
Works with relationship managers to help ensure an integrated and seamless approach to servicing the client
Participates in client relationship planning as it relates to SBA lending
Manages and assists with the management of SBA loan projects as needed by Relationship Managers
Keeps abreast of new products, methods/techniques, key industry trends, conditions and changes in laws and regulatory policies
Ensures an effective working relationship with other Bank personnel as required to perform client support and sales functions
Takes a leadership role in community affairs and activities where warranted for effective business development and community exposure
Maintains proficiency regarding current Bank and Divisional policies and procedures
Perform compliance and risk management duties as required or assigned
Qualification
Required
5 + years of dedicated SBA experience, including proven competence with large, complex SBA loan projects
Knowledge of SBA Standard Operating Procedures
Must have a thorough understanding of SBA policies and structure, product knowledge, and financial analysis
Knowledge of government regulations surrounding SBA lending
Complete working knowledge of government, conventional, custom, and self-employed borrower loans
Proven analytical skills; ability to review and interpret complex data (determining risk, assessing complexity of accounts, etc)
Excellent written and verbal communication skills; ability to analyze, synthesize and articulate complex ideas and communicate such to colleagues, team members, and clients
Excellent interpersonal skills; ability to collaborate with and work effectively with diverse groups of people, managing conflict, negotiating for results and developing working relationships with potential and current clients
High degree of PC based technical skills, including proficiency with the Microsoft Suite of products
Ability to function efficiently and effectively with multiple request and projects under deadlines and stress while maintaining a professional and mature demeanor
Interpersonal skills necessary to gather data from a number of sources and to positively represent the Bank during such contacts
Ability to work well with people with diversified personalities
Comprehension of investor, insurer, regulatory, and the Bank's requirements, and the ability to develop a subjective analysis of the borrower
Preferred
Preferred experience with SBA loan programs; however, SBA experience can be supplemented with experience in a closely related field
Benefits
Health
Financial
Retirement
Work/Life Benefits
Company
Washington Trust Bank
Washington Trust Bank is an banking, money, advice, financial, wealth, and investment provider.
1001-5000 employees
Funding
Current Stage
Late StageLeadership Team
Jack Heath
Chief Executive Officer
Recent News
2025-11-05
2025-10-07
2025-08-27
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