East West Bank

SBA Portfolio Officer

East West Bank$71K — $110K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • 2+ years of experience in SBA loan underwriting and portfolio management preferred
  • Bachelor's degree required
  • In-depth knowledge of SBA SOP 50 10
  • Familiarity with commercial and consumer lending procedures
  • Strong communication skills and teamwork orientation
  • Self-starter with the ability to take initiative
  • Flexible and adaptable to dynamic environments

Responsibilities

  • Analyze financial and credit information for SBA 7A & 504 loan applications
  • Compile and document loan data, credit risk, and borrower/property information
  • Investigate credit standards to determine creditworthiness
  • Support SBA team by managing compliance with loan terms
  • Assist with internal audits and annual monitoring
  • Perform additional duties as assigned

Benefits

  • Legal authorization to work in the U.S. required
  • No visa sponsorship offered
Full Job Description
Overview

East West Bank is currently seeking a SBA Portfolio Officer. This position will be primarily responsible to underwrite SBA loans to East West Bank and US SBA policies and procedures.

Responsibilities
  • Able to analyze financial and credit information for various types of loan purpose for SBA 7A & 504 loan applications, and underwrite with accordance to SBA’s SOP 50 10 and Bank’s policy.
  • Able to compile, analyzes, and documents loan data and credit risk, borrower and property information, and coordinates activity in support of credit approval process
  • Investigate credit standards and determine credit worthiness, understands financial statements and tax returns for specific area of business
  • Support SBA team by following up on tickler items, delinquent property tax, insurance policy, and etc. to be in compliance with the terms of the loan.
  • Assist with internal audits, annual financial collection with monitoring, and annual insurance requirement
  • Perform other duties as assign.
Qualifications
  • 2+ years in SBA loan underwriting and portfolio management experience preferred
  • Bachelor degree required
  • In-depth knowledge of SBA SOP 50 10
  • Good knowledge of the financial institution's commercial and consumer lending procedures
  • Demonstrate strong communication skills, team work oriented, take initiatives and a self-starter.
  • Flexible and adaptable to a dynamic environment

Applicants must have legal authorization to work in the United States. We do not offer visa sponsorship at this time.

CompensationThe base pay range for this position is USD $71,000.00/Yr. - USD $110,000.00/Yr. Exact offers will be determined based on job-related knowledge, skills, experience, and location.

About East West Bank

East West Bank is a bank based in California that provides personal and commercial banking services. The bank was founded in 1973 and has grown to become one of the largest banks in the United States. East West Bank has over 120 locations in the United States and China, and offers a range of financial products and services to its customers. The bank is committed to providing excellent customer service and helping its customers achieve their financial goals.
Learn more about East West Bank
Size
3,100 employees
Market Cap
$9 billion
Industry
Net Income
$567.8 million
Founded
1998
5 Year Trend
+7.3%
NASDAQ

Similar Jobs

More Jobs at East West Bank

More Finance & Insurance Jobs

Find similar SBA Portfolio Officer jobs: