Commercial Loan Officer

Position Overview: The Remote SBA Loan Officer is a seasoned professional with over 5 years of experience in managing Small Business Administration (SBA) customer relationships. This role is pivotal in driving business development, managing risks, overseeing operations, underwriting, and maintaining strong relationships with clients. The officer works remotely, leveraging technology to provide exceptional service and support to small business clients.

• Must have a minimum of 4-5 years experience selling SBA 7a and SBA 504 loans

Key Responsibilities:

1. Business Development:
   • Identify and pursue new business opportunities within the SBA loan market.
   • Develop and implement strategies to attract and retain small business clients.
   • Conduct market research to stay informed about industry trends and competitive landscape.
2. Risk Management:
   • Assess and mitigate risks associated with SBA loan applications.
   • Ensure compliance with SBA regulations and guidelines.
   • Monitor loan portfolios to identify potential risks and take proactive measures.
3. Operations:
   • Oversee the entire loan process from application to disbursement.
   • Coordinate with internal teams to ensure smooth and efficient operations.
   • Utilize remote tools and platforms to manage loan documentation and communication.
4. Underwriting:
   • Evaluate loan applications to determine creditworthiness and eligibility.
   • Analyze financial statements, business plans, and other relevant documents.
   • Make informed decisions on loan approvals and terms.
5. Relationship Management:
   • Build and maintain strong relationships with small business clients.
   • Provide ongoing support and guidance to clients throughout the loan lifecycle.
   • Address client inquiries and resolve issues promptly and professionally.

Qualifications:

• Bachelors degree in Finance, Business Administration, or related field.
• Minimum of 5 years of experience in SBA loan processing and management.
• Strong understanding of SBA regulations and guidelines.
• Excellent analytical, communication, and interpersonal skills.
• Proficiency in remote work tools and technology.

Skills:

• Business development and client acquisition.
• Risk assessment and management.
• Operational oversight and process optimization.
• Financial analysis and underwriting.
• Relationship building and client support.

Work Environment:

• Remote-based position with flexible working hours.
• Collaborative and supportive team environment.
• Opportunities for professional growth and development.

Conclusion: The Remote SBA Loan Officer plays a crucial role in supporting small businesses by providing access to SBA loans and financial expertise. With a focus on business development, risk management, operations, underwriting, and relationship management, this position ensures that clients receive the highest level of service and support.