SBA & USDA Loan Officer II

GENERAL DESCRIPTION OF POSITION

The SBA and USDA Loan Officer II is responsible for working with current and prospective customers to identify SBA and USDA loan opportunities across the Banks footprint or within the assigned regions. This role is responsible for originating SBA and USDA loans preparing detailed loan memos and conducting initial prescreens. The role also involves evaluating borrower eligibility based on SBA Standard Operating Procedures and USDA guidelines as well as submitting loan requests to SBA/USDA staff for processing and ongoing servicing.

ESSENTIAL DUTIES AND RESPONSIBILITIES

1. Support and exemplify the Companys values vision mission and Code of Ethics.

2. 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.

3. 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.

4. Safeguard the confidentiality and integrity of sensitive information and data pertaining to customers prospective clients employees and Centennial Bank operations.

5. 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.

6. Discuss loan requests with the SBA/USDA Department Manager to assess viability including preparation and submission of Write-Ups Memos and Prescreen materials.

7. Support SBA Credit Analyst/Underwriter and Closing Specialist in gathering documentation required to complete the loan application and closing process.

8. 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.

9. Ensure timely communication with all related parties throughout the loan process including complaint management relating to SBA & USDA loan products and services offered.

10. Maintain ongoing communication and foster strong relationships throughout the SBA/USDA loan process including coordination of initial and annual site inspections.

11. Attend networking/social events (including some nights/weekends) and provide marketing material to identify referral sources.

12. Maintain strong relationships with customers Loan Officers and Portfolio Managers while assisting with SBA/USDA loan structuring and providing lender training and support.

13. Interview applicants and request specific information for SBA loan application requests credit reports establishes eligibility and other information pertinent to evaluation of loan application.

14. Track and log COI/referral sources and loan referral fee agreements.

15. 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.

16. Manage internal shared folder and ensure quality control is performed for transactions handled by assigned SBA team member.

17. Support customers and employees with inquiries information requests and resolution of complaints.

18. Respond accurately to borrower questions regarding the necessity of required documentation.

19. Prescreen all SBA/USDA loans presented for review and perform site inspections.

20. Maintain pipeline report.

21. Contact prospective borrowers when instructed by the SBA/USDA Dept staff (if not assigned to a Reg LO).

22. Complete required BSA/AML and SBA SOP training and other compliance training as assigned.

23. The ability to work in a constant state of alertness and in a safe manner.

24. Perform any other related duties as required or assigned.

QUALIFICATIONS

To perform this job successfully an individual must be able to perform each essential duty mentioned satisfactorily. The requirements listed below are representative of the knowledge skill and/or ability required.

EDUCATION AND EXPERIENCE

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.

COMMUNICATION SKILLS

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.

MATHEMATICAL SKILLS

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.

CRITICAL THINKING SKILLS

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.

REQUIRED CERTIFICATES LICENSES REGISTRATIONS

SBA 7a Program

PREFERRED CERTIFICATES LICENSES REGISTRATIONS

SBA 7a

SBA 504

SBA Express/LOC

SOFTWARE SKILLS REQUIRED

Basic: 10-Key Accounting

Intermediate: Database

Advanced: Presentation/PowerPoint Spreadsheet Word Processing/Typing

RESPONSIBILITIES FOR WORK OF OTHERS

Supervises a moderate size group (8-15) of employees but possibly smaller if difficult semi-technical work requiring considerable direction and assistance is involved. Plan direct and coordinate work make decisions and perform personally the more difficult aspects of the same broad assignment.

WORKING CONDITIONS

Somewhat disagreeable working conditions. Continuously exposed to one or two elements such as noise intermittent standing walking pushing carrying or lifting. May involve some travel and/or work is at times in the evening or during the night hours.

ENVIRONMENTAL CONDITIONS

The following work environment characteristics described here are representative of those an employee encounters while performing essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

While performing the functions of this job the employee is occasionally exposed to outdoor weather conditions wet or humid conditions extreme heat.

The noise level in the work environment is usually moderate.

PHYSICAL ACTIVITIES

The following physical activities described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions and expectations.

Moderate diversity moderately physical. Work activities which allow for a moderate amount of diversity in the performance of tasks which requires somewhat diversified physical demands of the employee.

While performing the functions of this job the employee is regularly required to stand walk sit talk or hear; frequently required to use hands to finger handle or feel reach with hands and arms; and occasionally required to stoop kneel crouch or crawl. The employee must occasionally lift and/or move up to 50 pounds. Specific vision abilities required by this job include close vision.

ADDITIONAL INFORMATION

Required education and experience:

- 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

Required Proficiencies:

- 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 (COIs); 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)

Required Experience:

Unclear Seniority