Job Overview:
As the SBA Department Manager with our client, a reputable community bank in the Monterey area, you will be responsible for overseeing all aspects of SBA lending operations, including underwriting, processing, and closing of loans. You will play a pivotal role in driving the growth of the SBA portfolio while ensuring compliance with regulatory requirements and maintaining high standards of customer service. This position requires a strategic thinker with a passion for supporting small businesses and fostering community relationships.
Key Responsibilities:
- Lead and manage the SBA department, overseeing day-to-day operations and ensuring efficiency in loan processing and underwriting.
- Develop and implement strategies to grow the SBA loan portfolio, while aligning with the bank's overall business goals.
- Review and analyze loan applications, ensuring compliance with SBA guidelines and bank policies.
- Collaborate with other departments to facilitate smooth loan closings and enhance customer service.
- Monitor the performance of the SBA portfolio, identifying trends and opportunities for improvement.
- Provide training and support to staff on SBA products, processes, and regulations.
- Build and maintain relationships with local businesses, community organizations, and government agencies to promote SBA lending initiatives.
- Prepare reports and presentations for senior management regarding departmental performance and opportunities.
Qualifications:
- Bachelor's degree in Finance, Business Administration, or a related field; MBA preferred.
- Minimum of 5 years of experience in SBA lending, with a strong understanding of underwriting and regulatory requirements.
- Proven leadership and management experience within a financial institution.
- Excellent analytical, organizational, and problem-solving skills.
- Strong interpersonal and communication skills, with the ability to build relationships with clients and stakeholders.
- Proficient in loan origination software and other relevant technology.