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SBA Loan Officer in Salem, AR at GPAC

Date Posted: 12/7/2018

Job Snapshot

Job Description

A well-know company in the area is looking for an experienced Loan Officer to join their team. They need a motivated individual who understands the commercial and small business industry. This position will work with various self-sourced referral sources to prospect and develop SBA loan opportunities with a focus on SBA 7a.

Loan Officer Job Requirements:

  • Minimum Education/Certification: A college degree in business administration, finance, accounting, and/or related field is required. Additional industry-related training and/or coursework would serve as an advantage.
  • Bachelors degree in business, Finance or related field
  • Must know credit analysis and underwriting and have an understanding of SBA SOP

Loan Officer Responsibilities:

  • Referral sources will be Business Brokers, Commercial Real Estate Brokers, Other Banks and CPA's. Existing relationships in these areas is a plus.
  • Initial analysis to determine fundamental viability/eligibility of the opportunity through the use of a supplied tool. Viable opportunities will be evaluated for probability of approval with SBA Management and Credit Administration.
  • Work with SBA in gathering required documentation for LSP submission.
  • Work with credit through submission and approval.
  • Transition approved opportunities to closing.
  • Interact with closing and funding as needed while transitioning to new opportunities.
  • May serve on special project teams and additional assignments as business needs are identified.

This opportunity is for someone that prefers the freedom and flexibility to make their own choices; there's no micromanagement here. Please contact me if you are confidentially looking for that next opportunity and want to hear more. Please contact:

Linay McCrady

gpac (Growing People and Companies)

Direct: 605-496-9278

GPAC (Growing People and Companies) is an award winning search firm specializing in placing quality professionals within multiple industries across the United States over the past 27 years. We are extremely competitive, client-focused and realize that our value is in our ability to deliver the right solutions at the right time.