SBA Senior Loan Analyst

Position Number: SBASrLnAnaly
Location: San Jose, CA
Hours: M-F

Position Summary:

The incumbent is responsible for information preparation, compilation and verification, loan documentation, and closing SBA 7a and 504 CRE loans including construction related projects. Incumbent is also responsible for post-closing documentation and management of the disbursement process.

Supports the Credit Union's mission/vision, corporate values and service guarantees. Performs to the standards that meet or exceed the stated objectives and fulfills the expectations of all internal and external customers. Represents the institution in a professional and responsive manner and promotes team participation on departmental and organizational levels.


Duties and Accountability:
Reviews initial engagement package with primary responsibility for ensuring critical components have been provided by the Relationship Manager for documentation process. Educates and provides guidance to Relationship Managers and Financial Centers on SBA criteria, requirements, and documentation needs.

Confirms SBA eligibility requirements are met and type SBA Loan Program, if any, is appropriate.

Collects and reviews appropriate due diligence documentation such as leases, purchase contracts, entity documents, franchise documentation, appropriate insurance certificates, etc.

Monitors SBA loans throughout the life of the loan to ensure continuance of the SBA loan guarantees and adherence to critical procedures.

Ensures all requirements and documentation, including appropriate lien releases, are obtained prior to funding draws.

Communicates with borrower, escrow and/or title companies, insurance agents, and other parties directly involved in all aspects of loan closing, to obtain required documentation and verifications prior to closing. Resolves issues prior to loan closing.

Reviews borrower’s loan package to identify potential risks, as related to collateral type and/or purpose of loan (i.e. flood, environmental, HMDA, CRA, etc.)

Identifies, requests and reviews critical documents related to entity searches, Uniform Commercial Code (UCC-3) initial and pre-booking searches, flood determinations, etc. Resolves key issues related to these documents.

Orders real estate and equipment appraisals and business valuations; Files UCC-1’s;

Prepares all required loan documents. Sets up escrow, requests preliminary title reports, and sets up tax service, etc.

Oversees and administers procedures required for timely and accurate processing of declined/withdrawn loan applications as required by regulation.

Following Credit Union loan approval, works with SBA and/or Certified Development Company (CDC) for their required approval.

Prepares and submits SBA application package for SBA approval. Pays guarantee fees to SBA.

Effects collateral lien, ensuring lien position is per Credit Approval Report prior to loan closing.
Disburses the loan per policy & procedure.

Processes and closes paid loans. Processes payments, reversals, Automatic Funds Transfer (AFT’)s, non-accrual, charge-offs and wires.

Reviews documentation post-closing to ensure all documents have been returned, are correctly signed, and do not contain unauthorized edits. Boards the SBA loans according to policy & procedure.

Maintains associated collateral and works with borrowers, Tech CU and the SBA regarding requests for loan modifications.

Provides guidance and leadership to staff on SBA construction, loan closings, and other SBA processes and requirements.

Provides customer service for address changes, billings and loan maintenance.

Supports the Credit Union’s Mission & Vision and Lives the Tech CU Values (Accelerate, Collaborate, Innovate, & Cultivate).
Meets on a monthly basis with manager to discuss goal alignment, performance metrics, and development plans.
Adheres to Policy & Procedure put forth in employee handbook; upholds employee Code of Conduct/Ethics, and ensures confidentiality of the workplace.
The employee will comply with all rules and regulations as defined by applicable regulatory agencies. The employee will also adhere to all internal controls and security measures designed to ensure regulatory compliance with State and Federal laws.


Typically has at minimum:

Education: Bachelor’s degree in Finance, Accounting, Economics or related field.

Experience: Minimum 5 years of related Accounting or financial statement analysis/lending experience, including SBA Loan documentation and processing experience (includes SBA Construction Loan processing) is required. Alternatively a High School Diploma with 5-8 years related experience within a centralized loan production environment is necessary.

Knowledge/Skills/ Abilities:
Has extensive knowledge of regulatory issues surrounding collateral and loan purpose types; entity structures, including documentation effectively supporting the entity is required.

Proven skills and experience with Jack Henry Silverlake and Harland LaserPro is a benefit.

Functions well in a high volume production centric environment supporting multiple Relationship Teams throughout the Credit Union.

Must be able to effectively communicate both verbally and in writing.

Advanced knowledge in Microsoft Word, Excel, and Outlook.

Has a strong ability to make sound decisions, have a high level of accuracy and problem solving ability.

Has strong analytical skills.

Must be proactive and assertive.

Travel: Holds a clear & valid California Drivers’ License. Possess current automobile insurance. Willingness to drive one’s own auto to conduct Credit Union business. Applicable IRS mileage reimbursement rate will be provided for business/Credit Union approved business travel.

Physical Requirements: Walks/stands 10% of the day. Sits 90% of the day. Keyboards and reads computer screen for 80% of time during which one is seated. Periodically lifts files up to 15 lbs.

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