AVP & SBA Loan Officer II

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We celebrate innovation, diversity, teamwork, excellence and integrity. We are an equal opportunity employer and offer competitive compensation and benefits package to recruit, retain and reward top talent. We would like to be your partner in success and happiness!

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Job Title: AVP & SBA Loan Officer II

Department: SBA Loan Center 1

We are looking for AVP & SBA Loan Officer II to join our SBA Loan Center 1 team. The SBA Loan Officer will be responsible for underwriting, documenting, and processing lending products and loan files.

Key Responsibilities:

• Independently underwrite SBA guaranteed loan products, primarily 7a and 504 loans following the bank's loan policy and procedures, SBA guidelines, and general prudent lending practices.
• Perform credit analysis and spreads on financial information and review application for SBA eligibility determination.
• Interview applicants for new loans and discuss loan products and requirements; Perform credit analysis and spreads on financial information; and communicate with management on loans.
• Site visitations to new borrowers and existing borrowers.
• Prepare & review files for policy, regulatory, and documentation compliance, including equal credit, fair credit reporting, BSA, and other regulatory requirements.
• Prepare documents and meet with borrowers for proper, accurate, and timely signing of loan documents as well as notarization (if applicable).
• Follow up with tickler items.
• Review weekly past due reports to monitor payment performance of each borrower and take appropriate actions for delinquent borrowers.
• Maintain and monitor existing loan files; obtain & review updated financial information, prepare and analyze reports, as needed.

Requirements/Qualifications:

• Bachelor's degree in related field or equivalent work experience.
• Minimum three years of experience in lending required.
• Ability to retain broad knowledge of lending tasks.
• Strong analytical skills with a thorough understanding of lending operations and client needs.
• Bachelor's degree in related field or equivalent work experience.
• Prior experience in business lending or banking preferred, but not required.
• Ability to retain broad knowledge of lending tasks, lending regulation, lien laws, and loan documentation

Employee Benefits & Perks

• Medical, Dental, & Vision: Open Bank offers medical, dental, and vision insurance for all full-time employees and their immediate family members. Employees become eligible for insurance benefits on the first of the month following their hire date.
• Life, Accidental Death & Dismemberment, & Long-Term Disability: Open Bank pays 100% of the cost.
• Flexible Spending Account (FSA): Tax-advantaged financial accounts are offered for employees to pay for eligible out-of-pocket expenses (health, dependent care, transit, and parking) with pre-tax dollars.
• 401(k) Retirement Savings Plan: Open Bank matches 100% of the first 6% of employees' contributions. Employees are eligible to participate on the first of the month following 90 days of employment.
• Paid Time Off (PTO): Employees begin to accrue PTO hours at the time of hire to use for vacation, illness, or other personal reasons.
• Employee Assistance Program (EAP): The EAP offers counseling sessions, online tools and resources, and legal and financial guidance for employees and their family.
• Company Paid Lunch: Open Bank provides company paid lunch twice a week.

To view current job openings, please visit Open Bank Careers Page: https://myopenbank.com/about/#