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SBA Portfolio Officer

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Introduction

Since 1973, East West Bank has served as a pathway to success. With over 110 locations across the U.S. and Asia, we are the premier financial bridge between the East and West. Our teams of experienced, multi-cultural professionals help guide businesses and community members on both sides of the Pacific looking to explore new markets and create new opportunities, and our sustained growth and expertise in industries like real estate, entertainment and media, private equity and venture capital, and high-tech help build sustainable businesses and expand our associates’ potential for career advancement.

Headquartered in California, East West Bank (Nasdaq: EWBC) is a top-performing commercial bank with a strong foundation, an enterprising spirit and a commitment to absolute integrity. East West Bank gives people the confidence to reach further.

Overview

East West Bank is currently seeking an SBA Portfolio Officer. This position will be responsible for the risk management of the SBA portfolio in accordance with East West Bank and US SBA policies and procedures.

As an East West Bank employee, you will be part of a growing and stable organization that provides career path development opportunities while serving a growing and profitable market.

Responsibilities

Monitor, review, and recommend servicing & liquidation action on the existing SBA 7a & 504 portfolio with accordance to SBA’s SOP 50 57 and Bank’s policy
Able to analyze financial data to support the risk rating and / or special loan requests
Support SBA team by following up on tickler items, delinquent property tax, insurance policy, etc. to be following the terms of the loan
Process loan sales according to the Bank’s procedure and instruction
Serves as first line of defense for loans by monitoring the SBA portfolio for signs of credit deterioration and take the necessary action to collect on past due loans
Prepare reports to inform SBA manager, credit supervision, and senior management on the status of the SBA portfolio
Assist with audits, guarantee purchase package and other special projects
Respond promptly to internal and external inquires
Cross-sell deposit, trade, treasury management, foreign exchange, private banking, asset management, and other services
Perform other duties as assign

Qualifications

5 years+ commercial banking experience preferred
Bachelor’s degree required
In-depth knowledge of SBA SOP 50 57 Servicing and Liquidation
Good knowledge of the financial institution's commercial and consumer lending procedures
Demonstrate effective communication skills, teamwork oriented, take initiatives and a self-starter
Flexible and adaptable to a dynamic environment
Ability to work under pressure and meet deadlines
Proficiency in Microsoft Office (Excel, Word, PowerPoint, Outlook, etc.)
Strong work ethic and self-motivation
Strong verbal, written communication, and organizational skills

Compensation

The base pay range for this position is USD $69,000.00/Yr. - USD $105,000.00/Yr. Exact offers will be determined based on job-related knowledge, skills, experience, and location.

Average salary estimate

$87000 / YEARLY (est.)

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max

$69000K

$105000K

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What You Should Know About SBA Portfolio Officer, UNAVAILABLE

Are you ready to take the next step in your career as an SBA Portfolio Officer with East West Bank in beautiful San Marino? Since 1973, East West Bank has been at the forefront of connecting communities with financial opportunities across the East and West, boasting more than 110 locations. In this exciting role, you’ll be pivotal in managing the risk of our SBA portfolio, working under the guidelines of both East West Bank and SBA policies. Your analytical skills will shine as you monitor and recommend actions on our existing SBA 7a and 504 portfolios, ensuring compliance and performance. You'll have the chance to support our team by addressing loan-related items, processing sales, and responding to internal inquiries. With over five years of experience in commercial banking and a solid understanding of SBA SOP 50 57, you’ll collaborate across various departments to enhance our portfolio's health while also cross-selling our comprehensive suite of financial services. Join us and contribute to our mission of empowering communities, while also growing your career. With a base pay range of $69,000 to $105,000, East West Bank is dedicated to recognizing and rewarding your talent and commitment as part of our vibrant team.

Frequently Asked Questions (FAQs) for SBA Portfolio Officer Role at UNAVAILABLE

What does an SBA Portfolio Officer at East West Bank do?

As an SBA Portfolio Officer at East West Bank, you manage the risk associated with the SBA loan portfolio. Your core responsibilities include monitoring existing loans, recommending servicing actions, analyzing financial data, managing delinquent accounts, and preparing detailed status reports for management. You'll ensure that we adhere to both East West Bank and SBA policies while supporting the team's efforts to maintain a profitable portfolio.