This position will be located in beautiful Skagit county which is in NW Washington state. It is not a remote position.
This position is responsible for maintaining the quality of the Bank’s SBA/USDA loan portfolio. Provide support for all government-guaranteed loans. This support will include the packaging, processing oversight, and closing of all SBA/USDA loans and the subsequent extension/modification/servicing/liquidation actions that may be required. Ensure loans are packaged and documented according to SBA/USDA Standard Operating Procedures and closed according to the Bank’s approval, SBA/USDA authorization and within Bank, SBA/USDA, and Regulatory guidelines. Provide a working leadership role within the department to include monitoring daily workflow, providing training, and ensuring credit quality of the SBA/USDA portfolio.
Essential Duties and Responsibilities:
• Maintain a working knowledge of SBA/USDA Standard Operating Procedures and Bank Procedures. This may require attendance at several seminars each year. • Demonstrate the decision-making ability to work under limited supervision with Bank personnel, government employees, third-party vendors, and the borrower to ensure that loans comply with all government and Bank regulations and requirements. • Serve as a resource for SBA department staff, and bank personnel to address all SBA/USDA-related questions, training, and needs. • Review approved Credit Presentations for any SBA/USDA eligibility issues and work with the lender to resolve any issues. • Track, follow up, and obtain required documentation and manage workflow to ensure that loan commitment deadlines are met, and that each stage of the process is efficiently managed. Demonstrate strong organization and methodology in reviewing files. Must be able to handle multiple files at the same time without confusion. • Use LaserPro, SBA One and E-Tran (SBA online data entry) to obtain SBA approvals and appropriate loan documents. • Prepare the loan and compliance documentation necessary to protect the bank’s and SBA’s interest. • Review and approve documentation for lender prior to signing. • Review executed loan documents and approve for funding. • Monitor post-closing exceptions to ensure timely resolution. • Monitor commercial loans for compliance with SBA and other Regulatory requirements • Audit loan files • Compliance with all Federal and Washington state banking regulations, including but not limited to BSA/AML, GLBA, and Privacy regulations. • Provide timely reports and updates. • All other duties as assigned.
Competencies: To perform the job successfully, an individual should demonstrate the following competencies to perform the essential functions of this position.
• Analytical—the individual synthesizes complex or diverse information. • Problem-solving—the individual identifies and resolves problems in a timely manner and gathers and analyzes information skillfully. • Communication—the individual speaks and writes clearly and persuasively in positive and negative situations, demonstrates group presentation skills and participates in meetings. • Leadership—the individual inspires and motivates others to perform well, accepts feedback from others. • Quality management—the individual looks for ways to improve and promote quality and demonstrates accuracy and thoroughness. • Judgment—the individual displays willingness to make decisions, exhibits sound and accurate judgment and makes timely decisions. • Planning/organizing—the individual prioritizes and plans work activities, uses time efficiently and develops realistic action plans.
• Bachelor’s degree and/or combination of equivalent work experience • Broad experience and knowledge in SBA, Commercial, or Consumer loan underwriting, processing or packaging. Complementary industry experience (i.e.-paralegal, escrow, insurance, accounting, compliance/audit) may be considered. • Knowledge of federal and state regulations affecting SBA/USDA, Commercial, or Consumer loans. • Strong computer skills with a knowledge of Microsoft Office Suite, particularly Word and Excel.
Additional Salary Information: Salary is dependent on candidate's experience, knowledge, and skill levels. Company paid medical, dental, vision, bonus plan and 401(k).
SaviBank (formerly known as Business Bank) is a commercial bank chartered in the State of Washington. The Bank began operations April 11, 2005, and has five branch locations in Burlington, Bellingham, Mt. Vernon, Oak Harbor, and Freeland, Washington. A loan production center was opened in Anacortes, Washington, in May 2013. The Bank provides loan and deposit services to customers who are predomina...ntly small and middle-market businesses and individuals in and around Skagit, Island, and Whatcom counties. We are also a member of the SBA Preferred Lender Program. As a locally-owned community bank, we believe that when everyone becomes Savi about their finances, our entire community benefits. Call us or stop by one of our branches and we’ll show you how to bank Savi. For additional information about SaviBank visit http://www.savibank.com