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SBA Loan Officer
$55,000 - $75,000/Yr
Commonwealth Business Bank - Los Angeles, CA
posted 2 days ago
Full-time - Mid Level
Los Angeles, CA
Credit Intermediation and Related Activities
About the position
This position underwrites and processes new loan requests.
Responsibilities
- Ensures all information is accurate and complete. All guidelines, policies and procedures, and regulation are to be followed
- Creates financial spreadsheets and analyzes, structures and underwrites loans
- Originates loans from application to closing and work closely with Escrow, Title and all parties involved
- Monitors and reports delinquencies
- Prepares loan compliance reports
- Timely collects of financial updates
- Conducts site visitation
- Manages new and existing clients
- Complies fully with all Bank policies and procedures as well as all regulatory requirements (e.g. Bank Secrecy Act, Anti-Money Laundering, Code of Conduct, and etc.). Must complete all required training
Requirements
- Working knowledge on credit analysis
- Ability to work on multiple loans simultaneously
- Excellent time management
- Working knowledge of Microsoft Office
- Effective written, verbal and organizational skills and meticulous attention to detail
Benefits
- Medical Insurance
- Dental Insurance
- Vision Insurance
- Life Insurance
- 401k retirement savings plan
- Paid federal holidays
