Join Our Team

POSITION SUMMARY:
The Loan Processor (LP) is responsible for gathering, reviewing, and managing information collected during the loan origination process. The LP will provide support to the Production Department by completing tasks necessary to finalize a commercial loan package, from application to approval.

RESPONSIBILITIES:
The duties and activities of this position include, but are not limited to, the following:
• Assist with collecting and reviewing loan documents needed to complete a loan package, confirming accuracy and completeness of information.
• Serve as a liaison between the loan officers, underwriters, and other parties needed to manage a loan package.
• Assemble and organize loan files for underwriting and final closing.
• Review all loan files to ensure compliance with internal policies and lending guidelines/regulations.
• Provide reports and status updates to the Director of Lending regarding loan processes and help to identify areas needing improvement.
• Assist with loan committee preparation, including but not limited to sending out notifications, taking minutes, and preparing loan packages for review.
• Provide administrative support to the Production Department, utilizing internal CRM systems and other software to monitor and manage the loan process flow.
• Provide responsive and thorough communication to all parties involved to ensure proper delivery of customer service.
• Perform other duties necessary for the efficient operation of the organization.

QUALIFICATIONS:
Bachelor’s degree in finance or related field work experience
Knowledge of Microsoft Office Suite software and Zoom
Detail–oriented individual with the ability to work independently and with a team
Excellent verbal, written, and interpersonal communication skills
Experience in commercial lending loan processing, a plus

Job Type: Full-time (40 hours/week) (Non-remote)

Senior Loan Officer

POSITION SUMMARY:
The Senior Loan Officer (SLO) focuses on the origination and submission of small business loan products, with an emphasis on the SBA 504 Loan Program. The ideal candidate is proactive in their ability to source  small business lending opportunities using new relationships and their established contacts, clients, & network.The SLO is responsible for growing SBAC’s small business loan portfolio with an emphasis on Fixed Asset/Commercial Real Estate financing throughout SBAC’s Georgia and South Carolina footprint.

ESSENTIAL FUNCTIONS AND RESPONSIBILITIES:
Prospect new business:

• Identity, qualify, and secure new small business clients for potential loans of $350,000 and above
• Identify, secure, and maintain existing and new referral sources for SBAC such as bankers, realtors, CPAs, attorneys, community leaders, etc.
• Maintain an expert level of understanding of SBAC’s various loan products and their respective Standard Operating Procedure (SOP) principles. This includes understanding how the SBA 504, 7(a)/Community Advantage, and Microloan Programs as well as SSBCI, USDA IRP, and City of Savannah/CDBG/EDA Programs can work together to assist small businesses.
• Educate small businesses and referral sources on the benefits of using the SBAC’s loan products and advisory services
• Attain annual loan production goals
• Manage loan requests from origination to approval while adhering to SBAC lending criteria and working with Credit Department.
• Negotiate terms, structure projects, and gain loan approval from SBAC’s Loan Committee and applicable funding source (i.e. SBA, DCA, USDA) using SOP guidelines and SBAC’s established credit policy and procedures
• Prepare necessary forms to ensure loan program eligibility requirements are met, that the proposed loan structure conforms to the most current and applicable Standard Operating Procedure (SOP) principles, so that any subsequent audits return no findings
• Perform site visits and assess collateral, documenting potential weaknesses
• Identify potential problems in an existing loan relationship and work with senior leadership on action plans
• Coordinate with SBAC Marketing peer(s) to effectively communicate SBAC’s mission and loan products
• Hold joint sales calls with management
• Develop partnerships with industry professionals and foster relationships with local business development organizations. Participate in civic organizations within SBAC’s geographic proximity
• Ability to review business plans, financial statements, appraisals, and environmental reports to identify and remedy weaknesses and/or loan program eligibility

MINIMUM QUALIFICATIONS

• Bachelor’s Degree (or in lieu of a degree, a combination of 7 years higher education and relevant work experience)
• 3+ years’ experience in a commercial real estate lending sales role. Demonstrated high performance in sales goal attainment
• Thorough knowledge of current SBA lending rules, regulations and practices
• Effective business development and selling techniques to maximize sales opportunities
• Sound credit skills are necessary to evaluate loan applications
• Ability to effectively market through social media
• Excellent communication, presentation, and customer service skills
• Proficiency with Microsoft Programs Word, Excel, Outlook, and PowerPoint
• Detail-oriented with high-level of accuracy, especially when dealing with government forms. Strong organizational skills, prioritization skills
• Experience in financial programs (residential mortgage excluded) created to address small businesses’ various needs
• Strong knowledge of commercial loan documentation software (Ventures Lending Technology preferred)

Job Type: Full-time (40 hours/week) (Non-remote)
Compensation: $70,000/year plus excellent benefits
Work Location: 111 E. Liberty Street, Suite 100, Savannah, GA 31401