SBA Loan Officer - job 1 of 2

As an SBA Loan Officer at our esteemed organization, your primary responsibilities will include directly calling on referrals to develop new loan business, screening out non-target deals early, collecting necessary information from loan applicants, and participating in weekly sales meetings to review the pipeline. You will also interact with the credit department to address underwriting queries and maintain a strong referral network with commercial real estate brokers and CPAs. This is a crucial role that significantly contributes to meeting and exceeding production-related goals.

To qualify for the SBA Loan Officer position, candidates should have a proven track record of success in building an SBA loan portfolio, with a minimum of 5 years of experience in 7(a) lending. A community bank background is preferred. Additionally, the ideal candidate will possess the ability to work independently in a remote setting and have a strong mindset focused on self-sourcing clients. Finally, a deep understanding of lending-related legal and regulatory compliance issues is essential.

Yes! The SBA Loan Officer position is fully remote, meaning you can work from the comfort of your home with no travel required. This flexibility allows for a balanced work-life integration while still engaging with clients and referral partners effectively from anywhere.

As an SBA Loan Officer, you will enjoy an excellent benefits package that includes health, dental, and vision insurance, retirement plans, tuition reimbursement, wellness reimbursements, and generous PTO and sick time. Our culture is supportive of your well-being and promotes a healthy balance between work and personal life.

For additional information about the SBA Loan Officer opportunity, feel free to reach out to Brenda Hoek at 605.705.4795. Brenda is ready to give you insights and can assist you with your application!

To effectively answer this question, highlight specific strategies like building strong relationships with referral partners, leveraging past client successes, and utilizing networking events. Share examples of your successful client acquisition techniques to demonstrate your knowledge and proactive approach.

In your response, outline the key steps of the underwriting process, including assessing creditworthiness, gathering necessary documentation, and analyzing financial statements. Emphasize your experience in handling underwriting queries effectively and how you ensure a smooth loan application process.

Identify a specific challenge, such as managing difficult clients or navigating regulatory changes. Describe the steps you took to tackle the issue, any strategies you implemented, and the positive outcomes. This will showcase your problem-solving skills and resilience.

Discuss how you assess urgency and importance in tasks. You can explain using tools such as a priority matrix and setting deadlines to ensure timely follow-ups and a smooth workflow. Emphasize your organizational skills and ability to handle multiple clients efficiently.

Highlight your knowledge of lending-related regulations and your commitment to staying updated on compliance changes. Talk about specific measures you take to ensure adherence, such as regular training sessions or compliance checklists, illustrating your thoroughness and professionalism.

Provide examples of how you’ve successfully built relationships with referral sources like real estate brokers and accountants. Talk about networking events you’ve attended and the follow-up strategies you employ to nurture these connections, emphasizing the importance of trust and rapport.

Mention key metrics like the volume of new loans issued, client acquisition rates, and customer satisfaction scores. Discuss how these KPIs drive your performance and help you set and achieve your production goals.

Share techniques you use to empathize with customer concerns, such as active listening and asking probing questions. Explain how you provide clear, concise information to alleviate fears and guide them towards a positive decision.

Discuss the CRM systems, loan origination software, or financial analysis tools you have experience with. Explain how these technologies streamline your workflow and enhance your productivity, showcasing your tech-savvy nature.

Express your admiration for the bank’s reputation and commitment to customer service and community engagement. Highlight how these values align with your professional goals and how you believe you can contribute positively to the team.