SBA Portfolio Officer - Underwriter - job 3 of 3

The SBA Portfolio Officer - Underwriter at East West Bank is responsible for underwriting SBA loans in accordance with SBA policies and the bank's guidelines. This includes analyzing financial and credit information for various loan purposes, compiling and documenting loan data, assessing creditworthiness, and ensuring compliance with loan terms by monitoring necessary items. Additionally, the officer assists with internal audits and other duties as assigned.

To qualify for the SBA Portfolio Officer - Underwriter role at East West Bank, candidates should have a Bachelor’s degree and ideally 4+ years of experience in commercial banking. A solid understanding of SBA SOP 50 10, strong communication skills, and the ability to adapt to changing environments are essential. Candidates should also demonstrate initiative and teamwork abilities.

The SBA Portfolio Officer - Underwriter plays a vital role in the loan approval process at East West Bank by thoroughly analyzing financial documents and credit data, ensuring application compliance, and providing detailed assessments of borrowers' creditworthiness. This position helps facilitate timely and accurate loan approvals, which in turn supports the bank's mission of empowering businesses.

The SBA Portfolio Officer at East West Bank will handle SBA 7A and 504 loan applications, which cater to various business financing needs. This includes working closely with entrepreneurs and businesses to understand their financial situations and helping tailor loan solutions that best fit their objectives while adhering to regulatory guidelines.

The base pay range for the SBA Portfolio Officer - Underwriter position at East West Bank is between USD $69,000.00 and USD $105,000.00 per year. Actual compensation will depend on job-related knowledge, skills, experience, and location, making it a competitive opportunity in the commercial banking sector.

Highlight your experiences with SBA loans, focusing on specific types you have underwritten, the processes involved, and the outcomes of your work. Mention any challenges you faced and how you overcame them, as well as the importance of adherence to SBA guidelines.

Discuss the steps you take to evaluate a borrower's creditworthiness, including reviewing their financial statements, credit history, and the overall health of their business. Emphasize the key indicators you look for and how you make informed decisions based on your analysis.

Talk about your approach to data analysis for loans, including the tools and software you utilize. Provide examples of how you analyze financial data and use your findings to make lending decisions or recommendations.

Share a real-life example of a challenging loan application. Detail the obstacles you encountered, the strategies you employed to address them, and the final outcome, showcasing your problem-solving capabilities.

Explain the importance of SOP 50 10 compliance and how you would stay updated on any changes. Discuss the systems you use to ensure ongoing adherence, including monitoring applications and documentation.

Talk about your time management strategies and prioritization skills. Illustrate with examples of how you have effectively balanced multiple tasks without compromising quality.

Discuss how collaboration with team members enhances the loan process. Provide examples of how you have worked with colleagues and how open communication contributed to successful outcomes.

Share your methods for maintaining organization and communication when following up on loan documentation. Discuss the importance of keeping clients informed and engaged throughout the process.

Identify crucial elements like the borrower's credit history, business cash flow, collateral, and overall financial health. Stress the importance of thorough analysis in mitigating risk.

Articulate your motivation for wanting to join East West Bank, such as its commitment to bridging cultures and markets, its reputation for excellence, and how your values align with the bank's mission.