SBA Business Development Officer
Solicitation and Service
Solicits and services a variety of SBA and commercial loans.
Recommends credits for approval or declination.
Orders and obtains appraisals and/or values real property as required by applicable regulations.
Inspects real property to ensure the condition and quality of collateral.
Monitors existing portfolio for performance, compliance, and ongoing needs.
Cross Selling
Calls on existing client’s members periodically as part of a program of on-going member contact.
Provides guidance to credit analysts and support staff and other loan officers.
Represents the bank in negotiations and loan closings.
Loan Evaluation
Reviews and analyzes financial data submitted by borrower to determine credit worthiness and ability to repay request as structured.
Communicates with the borrower when needed to assist in proper documentation completion.
Organizes electronic files according to Synergy procedures.
Prepares Borrower Risk Rating sheet.
Orders OFAC / Penley searches.
Orders CAIVRS searches.
Documentation and Compliance
Reviews loan documentation to ensure consistency with loan approval requirements and proper collateral perfection and lien position.
Assists in facilitating payment of invoices from 3rd party vendors during the closing process.
Assists in compiling documentation for potentially new vendors; submit to CCO/vendor management for approval, follow up when necessary.
Assists in managing construction loan draws, which will include but is not limited to, attending meetings and conference calls with borrowers and the bank's construction monitoring company prior to, during, and after loan closing to ensure construction management process is within guidelines.
Underwriting and Support
Aids in completing financial spreads in Moody’s, loan presentations in Sageworks, and modification memos as directed.
Assists Portfolio Management group with completion of financial spreads in Moody’s, annual reviews, and portfolio management reports, as directed.
Performs other job-related duties as assigned.
Physical Demands and Work Environment
Occasional lifting, 25 pounds or less.
Sitting and standing for extended periods of time.
Working on a computer for extended periods of time.