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First Commercial Bank(USA)

SBA Loan Officer

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What they do

A Loan Underwriter determines if the risk of offering a mortgage or loan to a particular borrower under certain parameters is acceptable to the lending organization.

$84,072 / year median in California

-19% projected decline

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Job Description

SBA Loan Officer First Commercial Bank(USA) - 4.0 Alhambra, CA Job Details Full-time $66,393 - $78,393 a year 7 hours ago Qualifications Underwriting Interpersonal skills Word processing English Bachelor's degree Full Job Description First Commercial Bank (USA) is the wholly owned subsidiary of First Commercial Bank in Taipei, one of the premier commercial banks in Taiwan. First Commercial Bank (USA) has 7 branches in California. We are currently looking for a SBA Loan Officer for our SBA Department. SUMMARY Responsible for loan origination, underwriting, SBA processing, closing, and servicing in compliance with the Bank's lending policies and procedures and SBA Standard Operation Procedure (SOP). Ensures compliance with all regulations as they relate to functions within the supervision, including Bank Secrecy Act. DUTIES Coordinate and/or oversee the origination, underwriting, preparing loan authorization & E-tran submission, legal and credit documentation, and closing and servicing process according to the Bank and the SBA's credit policies and program guidelines. Ensure controls are in place to adhere to all compliance and regulatory requirements. Collaborate with all internal departments to preserve the SBA guaranty for all funded SBA loans. Responsible for developing/amending procedures and integration of SBA requirements in the Bank's loan policy. Create and implement processes for portfolio management, loan servicing, underwriting, loan closing, and management of SBA loan transactions. Responsible for problem resolution, relating to SBA portfolio: identify, troubleshoot, and resolve underwriting, closing, servicing, and reporting issues. Responsible for developing depository opportunities for existing and new SBA customers. Accept other duties including special projects as deemed necessary by the supervisor. •
QUALIFICATIONS
Education:
Bachelor's degree in Finance or related field
Experience:
Minimum 3 years of relevant lending experience; familiarity with SBA lending policies and procedures
Skills/ Ability:
PC proficient in Word and Excel; Excellent verbal and written communication skills; Ability to manage in a team environment; Bilingual (English/Mandarin) is preferred.
Job Type:
Full-time Pay:
$66,393.00 - $78,393.00 per year
Work Location:
In person