Centennial Bank · 1 week ago
SBA & USDA Loan Officer II
Texas, United States
Full-time
Onsite
Senior Level
5+ years expCentennial Bank is seeking an SBA and USDA Loan Officer II who will be responsible for identifying loan opportunities and originating SBA and USDA loans. The role involves evaluating borrower eligibility, preparing loan documentation, and maintaining strong relationships with clients throughout the loan process.
BankingFinanceFinancial Services
Responsibilities
Support and exemplify the Company's values, vision, mission and Code of Ethics
Perform all functions in accordance with all applicable laws and regulations, including but not limited to the regulations, credit policies, policies & procedures, and the SBA SOP at Centennial Bank
Originate SBA 7a, SBA 504, and USDA B&I Loans in assigned regions and/or territories at an appropriate volume in alignment with production goals set by the President of the SBA & USDA Department
Safeguard the confidentiality and integrity of sensitive information and data pertaining to customers, prospective clients, employees, and Centennial Bank operations
Demonstrate expertise in SBA 7(a) loan programs, including associated products and services, along with working knowledge of SBA 504 and USDA Rural Development One (RDOne) programs
Discuss loan requests with the SBA/USDA Department Manager to assess viability, including preparation and submission of Write-Ups, Memos, and Prescreen materials
Support SBA Credit Analyst/Underwriter and Closing Specialist in gathering documentation required to complete the loan application and closing process
Determine which documentation is required in accordance with loan size and collateral, and construction (if applicable); create the nCino application/file/folder, upload application forms and documents
Ensure timely communication with all related parties throughout the loan process, including complaint management relating to SBA & USDA loan products and services offered
Maintain ongoing communication and foster strong relationships throughout the SBA/USDA loan process, including coordination of initial and annual site inspections
Attend networking/social events (including some nights/weekends) and provide marketing material to identify referral sources
Maintain strong relationships with customers, Loan Officers, and Portfolio Managers, while assisting with SBA/USDA loan structuring and providing lender training and support
Interview applicants and request specific information for SBA loan application, requests credit reports, establishes eligibility, and other information pertinent to evaluation of loan application
Track and log COI/referral sources and loan referral fee agreements
Train SBA Loan Servicing Assistant/LSA, to work together with the applicant, collecting forms/documents, review with applicant and discuss "discrepancies" related to credit/background (LexisNexis), INS verification (proof of citizenship in the USA), collateral, Personal Financial Statement and "equity" if any
Manage internal shared folder and ensure quality control is performed for transactions handled by assigned SBA team member
Support customers and employees with inquiries, information requests, and resolution of complaints
Respond accurately to borrower questions regarding the necessity of required documentation
Prescreen all SBA/USDA loans presented for review and perform site inspections
Maintain pipeline report
Contact prospective borrowers when instructed by the SBA/USDA Dept staff (if not assigned to a Reg LO)
Complete required BSA/AML and SBA SOP training and other compliance training as assigned
The ability to work in a constant state of alertness and in a safe manner
Perform any other related duties as required or assigned
Qualification
Required
Broad knowledge of such fields as accounting, marketing, business administration, finance, etc
Equivalent to a four year college degree, with 5 years related experience and/or training, plus 12 - 18 months related management experience
Ability to write reports, business correspondence, and policy/procedure manuals
Ability to effectively present information and respond to questions from groups of managers, clients, customers, and the general public
Ability to calculate figures and amounts such as discounts, interest, commissions, proportions, percentages, area, circumference, and volume
Ability to apply concepts such as fractions, ratios, and proportions to practical situations
Ability to solve practical problems and deal with a variety of known variables in situations where only limited standardization exists
Ability to interpret a variety of instructions furnished in written, oral, or diagram formats
SBA 7a Program
Five (5) years of experience and knowledge of SBA 7a products & services
Knowledge of SBA SOP/regulatory requirements and standards applicable to SBA 7a Program
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)
Preferred
SBA 7a
SBA 504
SBA Express/LOC
Company
Centennial Bank
Centennial Bank offers businesses, investors, and municipalities a wide range of commercial, retail banking, and related financial services.
1001-5000 employees
Funding
Current Stage
Late StageLeadership Team
Arlene Lovelace
SVP, Chief Human Resources Officer
Brandon Cass
SVP, Chief Information Security Officer
Recent News
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