SBA Loan Officer

Job Summary:  

The SBA Loan Officer (SBALO) is responsible for focusing on acquisition of new SBA 504 loans.  This will be accomplished through their control and management of sales, loan growth, business development and as being a trusted advisor on their banking needs.  The SBALO is highly involved in business development, client or prospective client sales calls, structuring loan proposals, loan pricing, while developing the Bank’s brand and increasing awareness in the marketplace.  

Essential Functions:

1. Meets and exceeds monthly performance-based scorecard goals that include but are not limited to loan and deposit production.
2. Responsible for the acquisition of new SBA 504 loans.
3. Enhances the loyalty and profitability of existing relationships, growing new profitable relationships, and referring opportunities to other parts of the company. 
4. Participates in network groups, industry trade organizations and networking events to cultivate a referral relationship.
5. Reviews, processes, and prepares documentation for loans; ensures that it is complete, legal, and in compliance with regulatory and bank requirements.
6. Assists in obtaining financial statements, tax returns, and other credit information for timely new loan assessment.
7. Ensures that loans and other assets are appropriately, and timely risk rated in accordance with the Bank’s loan policy.
8. Performs other duties and special projects as needed and assigned.

• BA preferred or experience in a related position.
• A minimum of 5-7 years banking experience with an emphasis in business acquisition, relationship management and SBA lending to small/middle market businesses.
• Strong SBA credit skills.
• A strong background and ability in prospecting for new clients and a demonstrated track record in business development and retention.
• Ability to negotiate and structure loan proposals/ pricing.
• Very strong organizational, time management skills, and leadership qualities.
• Excellent written and verbal communications skills.  Strong presentation skills.
• Must present a professional image, be a team player, self-starter, flexible, be able to multi-task, work independently, and meet deadlines.
   

The Bank reserves the right to change or modify the employee’s job description whether orally or in writing, at any time during the employment relationship.  Additionally, the Bank, through its supervisors, may require an employee to perform duties outside their normal description within the sole discretion of the supervisor.  The lack of appropriate and timely execution of the essential job functions will result in disciplinary action, up to and including termination.

CommerceWest Bank is committed to providing equal opportunities (EEO) to all employees and applicants for employment without regard to race, color, religion, sex, national origin, age, disability, genetics, gender identification, or sexual orientation.  CommerceWest Bank will consider for employment qualified applicants with criminal histories in a manner consistent with the California Fair Chance Act.

While our recruiting platforms may use automated tools to surface applicants, all hiring decisions are reviewed and made exclusively by our human recruiting team in compliance with the California Fair Employment and Housing Act (FEHA).

Employee must comply with all applicable Bank Secrecy Act and Anti-money laundering laws and regulations, all Bank policies and procedures, and other Banking laws and regulations.

Salary : $75,000 - $100,000