SBA Senior Portfolio Officer - Military veterans preferred

SUMMARY

The SBA Senior Portfolio Officer is responsible for providing financial, credit, and trend analysis for the delivery of the Company’s credit products and services to commercial or SBA banking clients and prospect.  Evaluates credit requests and risk assessment.  Monitors assigned loan relationships for covenant compliance, collateral monitoring, and credit deterioration.  Keeps apprised of political and regulatory issues to determine their impact on specific industries or clients.

Ensures compliance with established Bank policies and procedures.  Demonstrates knowledge of, adherence to, monitoring and responsibility for compliance with state and federal regulations and laws as they pertain to this position including but not limited to the following: GLBA (Gramm-Leach-Bliley Act), Regulation Z (Truth in Lending Act), Regulation DD (Truth in Savings Act) Regulation B (Equal Credit Opportunity Act), Dodd–Frank Wall Street Reform and Consumer Protection Act (Dodd Frank Act), Elder Abuse Laws, Bank Secrecy Act in conjunction with the USA PATRIOT Act, Anti-Money Laundering and Customer Information Program, Right to Financial Privacy Act (state and federal) and Community Reinvestment Act.

REQUIRED DUTIES

1.    Manages the assigned loan portfolio to minimize risk to the Company.

2.    Assists and responds to customer inquiries and service requests including maintenance of communication logs.

3.    Manages post-closing issues including preparing loan modifications, extensions, assumptions, and collection of annual financial statements and insurances.

4.    Monitors borrowers with flood insurance and delinquent property taxes

5.    Ensures that the loans are graded properly according to the Company’s grading policy

6.    Analyzes and recommends loan servicing requests within Company’s guidelines. Secures collateral, equity or assets of the borrower to preserve the loan principal, gathers interest and prevents or limits losses.

7.    Monitors delinquencies, covenant compliance, past due payments and maturing loans, etc. 

8.    Prepares periodic loan portfolio reports for audit and management

9.    Conducts site visits, meetings, and interviews with borrowers.

10.    Provides annual reviews, site visits, including monitoring for current financial information, and financial convenient compliance.

11.    Negotiates loan workouts on problem loans including approval and documentation of workout plans.

12.    Performs moderate to heavy borrower interaction, including periodic calls on borrowers to collect necessary information and monitors the borrower’s ability to repay the loan as structured.

13.    Analyses of business and individual tax returns/financial statements to identify recurring and non-recurring sources of cash flow (identification of cash versus non cash income on K-1 statements, schedule E, etc.) 

14.    Manages adversely graded loans through the restructuring of debt, negotiation of settlement agreements, pursuit of appropriate legal action and/or the liquidation of collateral

15.    Prepares SAD Transfer Memos to transfer files to SAD for extensive servicing and workout

16.    Monitors existing credit facilities for financial and reporting covenant compliance. Preparation and continual review the compliance log to ensure updated financial information and covenant compliance. Notify Borrower and Guarantor of missing reports and non-compliance with terms of their Agreement. Correspond with Loan Monitoring Group and Credit Administration on recommended waivers, amendments, etc. Focus on early identification of problem loans and assist Portfolio Managers, Business Bankers and Credit Administration to take appropriate action. Candidates should understand risk ratings and be able to provide recommendations for changes in current rating.

17.    Maintains knowledge of the Bank’s underwriting and lending guidelines

18.    Treats people with respect; keeps commitments; inspires the trust of others; works ethically and with integrity; upholds organizational values; accepts responsibility for own actions.

19.    Demonstrates knowledge of and adherence to EEO policy; shows respect and sensitivity for cultural differences; educates others on the value of diversity; promotes working environment free of harassment of any type; builds a diverse workforce and supports affirmative action. 

20.    Follows policies and procedures; completes tasks correctly and on time; supports the company’s goals and values.

21.    Performs the position safely, without endangering the health or safety to themselves or others and will be expected to report potentially unsafe conditions.  The employee shall comply with occupational safety and health standards and all rules, regulations and orders issued pursuant to the OSHA Act of 1970, which are applicable to one’s own actions and conduct.

22.    Performs duties specific to the position and other functions as assigned.

MINIMUM REQUIREMENTS

These specifications are general guidelines based on the minimum experience normally considered essential to the satisfactory performance of this position.  The requirements listed below are representative of the knowledge, skill and/or ability required to perform the position in a satisfactory manner.  Individual abilities may result in some deviation from these guidelines.

•    High School Diploma and at least 7 years of related experience and/or training in SBA commercial and industrial lending. Bachelor’s degree preferred; or the equivalent combination of education and experience.  

•    Financial analysis experience for business financial statements, tax returns and individual’s financial statements and tax returns. Experience with cash flow and collateral analysis.

•    Commercial real estate or SBA analysis/underwriting experience a plus

•    The ability to present written credit memorandums in a clear, succinct manner, present credits to credit administration. 

•    Advanced experience, knowledge and training in all lending activities and terminology.

•    Able to make a conclusive recommendation based on independent analysis 

•    Strong relationship development and management skills.

•    Intermediate skills in computer terminal and personal computer operation; mainframe computer system; word processing and spreadsheet software programs.

•    Intermediate typing skills to meet production needs of the position.

•    Intermediate math skills; ability to calculate interest, commissions, proportions, and percentages; balance accounts; add, subtract, multiply and divide in all units of measure, using whole numbers, common fractions and decimals; locate routine mathematical errors; compute rate, ratio and percent, including the drafting and interpretation of bar graphs.

•    Exceptional verbal, written and interpersonal communication skills, with the ability to apply common sense to carry out instructions and instruct others, train personnel, write reports, correspondence and procedures, and speak clearly to customers and employees.

•    Thorough understanding of management procedures; ability to plan department or Company activities (setting objectives, developing strategies, budgeting, and developing policies and procedures); initiative to organize various functions necessary to accomplish department or Company activities; effectively staff (selecting, training and developing employees); directing employees towards the desired objectives (delegating, motivating, resolving problems); controlling the function (developing performance standards, measuring results, taking corrective action and rewarding employees as appropriate).

•    Ability to deal with complex problems involving multiple facets and variables in non-standardized situations.

•    Ability to work with no supervision while performing duties.

Pay $70,000 - $113,000 per year. The salary reflects the full, reasonably expected salary range for this position. Salary is based on the candidate’s current experience, education, skills, and abilities related to the position. Successful candidates may be eligible for bonus, stock, commissions, and incentives at the Company’s sole discretion. We offer a comprehensive benefits package, which vary depending on the position ultimately offered.  All employees are offered paid sick time off.  Depending on the position offered, benefits packages may include vacation leave; paid holidays; medical, dental, vision, life and disability insurance packages for employees and dependents; various other voluntary benefit offers, and optional retirement accounts.

We are an Equal Opportunity Employer. All applicants will receive consideration for employment without regard to race, color, ancestry, religion, sex, national origin, sexual orientation, age, marital status, disability, gender identity, gender expression, genetic information, or military or Veteran status, or any other characteristic protected by law.

The application window for this position is expected to close on November 19, 2025.