Arizona Financial Credit Union · 2 months ago
SBA Credit Officer
Phoenix,AZ,US
Full-time
Hybrid
Senior Level
5+ years expArizona Financial Credit Union is seeking an SBA Credit Officer responsible for overseeing and reviewing SBA credit functions. The role includes managing new loan requests, ensuring compliance with SBA regulations, and providing training and support to underwriters.
BankingFinanceFinancial Services
Responsibilities
Responsible for review and oversight of new SBA credit opportunities
Coordinates with Chief Credit Officer (CCO) and commercial sales leadership to ensure deals are progressing through credit approval and documentation/closing process
Recommends loans for approval to those with appropriate authority or Member Business Loan Committee
Supports SBA underwriting and portfolio management. Provides oversight and input regarding loan structure, SBA eligibility and terms and conditions
Maintains credit approval authority commensurate with experience and credit expertise
Understands SBA SOPs and ensures appropriate analysis is completed for preflight reports, Term sheets, and loan presentations
Provides ongoing training and mentoring for Underwriters Assists CCO and other credit officers in providing credit education throughout the organization
Maintains strong knowledge of SBA SOP’s, Credit Union credit and commercial loan policies and procedures, and appropriate State and Federal compliance and regulations related to commercial lending and recommends changes based upon applicable rules and regulations
Conducts ongoing desk reviews of recently funded loans to ensure adherence to appropriate credit underwriting and SBA SOP standards
Reviews title, documentation, legal entity documentation or other information, as needed, to help mitigate risk, ensure compliance with SBA SOP and assist in the underwriting process
Provides support and assistance for special assets manager including ongoing understanding of special mention and sub-standard credits, assistance with liquidation reports for SBA loans, interaction with borrowers in liquidation, and when necessary, communication with legal counsel
Assists in development and implementation of policy and procedure for storage of special assets files
Assists with analysis and underwriting to support overflow from analysts and underwriters
Maintains strong understanding of SBA SOP for general loan program requirements and servicing/liquidation
Works closely with SBA servicing team, processor/closer, and special assets manager to support SBA loan closings, liquidations
Provides support to portfolio managers when assistance is needed to complete annual reviews, collect tickler items, make collection calls, and complete site inspections
Provides assistance and collaborates with processor/closer, during OCRM oversight audits
Performs other job-related duties as assigned
Qualification
Required
Four (4) year degree in business, finance, accounting or related field
At least five (5) years of experience in SBA underwriting or portfolio management
Strong working knowledge of commercial lending, SBA 7(a) and 504 loan programs, and analysis/underwriting
Ability to interpret financial statements, tax returns and projections
In depth knowledge of SBA SOP, SBA Loan Servicing and Liquidation Procedures, and SBA Servicing and Liquidation Actions 7a matrix
Knowledge of Microsoft Office and Microsoft Excel
In-depth knowledge of commercial and government guaranteed lending compliance and credit regulations
Professional written, verbal communication, problem solving, and interpersonal skills
Ability to produce quality work within tight time frames while managing multiple assignments
Ability to work on core processing systems and department specific processing systems
Strong work ethic, the ability to prioritize and adapt to changing deadlines
Advanced interpersonal skills, excellent communication, and the desire to work as a team to support the overall success of the credit union
Strong knowledge base about commercial real estate, conventional and government guaranteed underwriting, policies, and procedures
Preferred
Previous credit approval authority
Team leadership experience
Company
Arizona Financial Credit Union
Arizona Financial Credit Union is a not-for-profit financial cooperative that provides consumer and small-business banking services.
501-1000 employees
Funding
Current Stage
Late StageLeadership Team
Amy Hysell
President & CEO
Recent News
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