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Sr. SBA Eligibility Officer - Business Banking Specialty Finance - Dallas, TX

Req #: 170117061
Location: Dallas, TX, US
Job Category: Credit
Job Description:

The SBA (Small Business Administration) Eligibility Approval Officer (SBA EO) Sr. provides a focal point of technical, processing and/or procedural support for the Business Loan Centers.  The SBA EO Sr. determines if Small Business Administration credit applications meet eligibility requirements. The SBA EO Sr. also provides ongoing training to loan center staff to maintain proficiency in SBA issues and regulations as the SBA lending business is a specialized type of business requiring additional specialized knowledge.
  • Reviews new SBA Credit applications and requests for modification to undisbursed or existing SBA loans, to determine eligibility
  • Verifies packages are complete and in compliance with credit policies and regulations.
  • Assists with SBA 7a, SBA Express and SBA 504 processing.
  • Documents SBA eligibility reviews by completing SBA eligibility checklist.
  • Primary contact for applications submitted to SBA District Offices for review
  • Serves as regional expert on SBA eligibility and Bank/SBA policies/processes.
  • Provides support to conventional underwriters on eligibility, packaging, and processes for SBA applications
  • Provides ongoing training to loan center staff on SBA issues and regulations.
           -   Group Training
           -   CAO Focus Groups
           -   New CAO training
           -   Other training as opportunities are identified
  • Serves as primary back-up for the SBA Credit Manager.
  • Attends SBA and/or Economic Development functions as necessary.
  • Attends loan center and individual team meetings as necessary.
  • Builds appropriate customer expectations, sells the SBA product and overcomes objections.
  • Keeps up to date on SBA SOPs.
  • Expert knowledge of credit policy, Fair Lending, CRA and other compliance regulations.
  • Handles SBA processing issues in a timely and a professional manner.
  • Interacts successfully with other departments and other lines of business. 
  • Be responsive to inquiries from all job families and customers.
  • Keeps abreast of industry trends and external market.
  • Assists with special projects as requested by SBA Management team.
  • Customer focused individual with expert knowledge of credit products and processes.
  • Strong organizational, analytical, communication and interpersonal skills.
  • Proven leadership abilities.

  • Requires experience working with SBA loan programs (SBA 7a, SBA Express and SBA 504).
  • Requires knowledge of SBA operating procedures and eligibility guidelines.
  • Requires 3+ years experience as a relationship manager, underwriter or in a similar related position requiring business/commercial credit knowledge and credit judgment.
  • Thorough understanding of commercial loan credit structures, loan documentation, and related legal issues.
  • Bachelor's degree or equivalent experience

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