SBA Regional Credit Officer – SBA 7A

This is a fully remote position, open to applicants in North Carolina.

📋 Description

• Review, analyze, negotiate, decline, and approve SBA loans and servicing plans.

• Assess credit risks and assign appropriate grades.

• Ensure that loan decisions are consistent, objective, compliant, and aligned with the needs of the Bank and its customers.

• Communicate credit decisions to all relevant parties and recommend further actions.

• Stay informed about market and industry trends that impact credit extension.

• Relay lending-related updates to lending personnel.

• Provide guidance to credit approval associates within the assigned region regarding credit analysis, negotiation, strategy, and underwriting.

• Act as the main point of contact for associates concerning the SBA loan decision-making process.

• Foster and maintain working relationships with management, associates, and business units.

• Represent the SBA department in various committees.

• Engage with civic and trade groups to network for the Bank's advantage.

• Identify training needs, process enhancements, and skill gaps among line units.

• Suggest departmental policies and procedures to address identified challenges.

• Assist in mitigating loss, delinquency, and overall risk for an assigned credit portfolio.

• Provide guidance and mentorship to less experienced credit approval associates.

⛳️ Requirements

• Bachelor's Degree and 6 years of experience OR High School Diploma or GED/Equivalent and 10 years of experience in SBA credit analysis, lending, or underwriting and credit approval.

• Strong understanding of financial principles and concepts.

• Experience in SBA credit analysis, lending, or underwriting and credit approval.

• Capability to analyze, negotiate, decline, and approve SBA loans and servicing plans.

• Proficiency in assessing credit risks and establishing appropriate grades.

• Familiarity with SBA SOP and credit policies and procedures.

• Ability to effectively communicate credit decisions to involved parties.

• Knowledge of market and industry trends that influence credit extension.

• Skill to advise credit approval associates on analyzing, negotiating, strategizing, and underwriting credits.

• Ability to establish and nurture working relationships with management, associates, and business units.

• Capacity to identify training requirements, process enhancements, and skill deficiencies.

• Ability to work remotely in an East Coast market.

🏝️ Benefits

• Competitive, thoughtfully designed, and high-quality benefits program.

• Benefits may include variable incentives, bonuses, benefits, and/or other awards as specified in the employment offer.