SBA Loan Officer

  • ORGANIZATION
    Capitol National Bank
  • LOCATION
    Lansing, MI
  • SALARY
    $75,000 - $100,000 + Commission
summary
Capitol National Bank located in Lansing, Michigan is currently filling the position of SBA Loan Officer. This position solicits and develops all types of business activity, specializing in larger SBA loan relationships. The ideal candidate will manage large and/or complex loan accounts ensuring adherence to Bank Credit Policy and ongoing profitability for the Bank. 


Position Responsibilities
•Develops new business relationships and SBA lending opportunities for the Bank in the Southeast market.
•Identifies and meets with prospective customers, business professionals, and business consultants to generate leads.
•Interviews loan applicants, collects and analyzes information which reflects the current credit worthiness of customers and the current merits of existing loans. Information may be obtained in a variety of methods, including inspection of the applicant’s business and/or collateral, review of financial reports, and personal interviews.
•Obtains and reviews financial information to have loan renewals prepared, approved and closed with customer in a timely manner.
•Ensures financial reporting compliance with banking policies and regulatory agencies.
•Monitors loan/deposit performance for potential signs of financial deterioration.
•Manages risk related loans to have renewals completed, payments made on time, and ensure memos and financial information is in the loan file for review and completion.
•Monitors loan repayment activities and contacts customers regarding late payments and insurance delinquencies
•Strong interpersonal skills to communicate effectively throughout the Bank and represent the Bank positively to the public and acquire working relationships with current and potential loan accounts.
•Strong analytical skills to assess and evaluate areas of responsibility including determination of loan risk involved and recommendation of credit limitations.
•Thorough understanding of financial data such as cash flow, balance sheet and collateral dynamics of customers’ properties and geographic area.
•Ability to persuade and negotiate with others through the development and delivery of presentations.
•Participates in community activities to expand network and Bank’s brand with the intent of creating additional referrals.
Qualifications
•This position requires knowledge equivalent to that which normally would be acquired through a Bachelor’s degree (B.A.) from a four-year college or university; or equivalent combination of education and experience. 
•This position requires a minimum of five to seven years of related experience in lending and two to three years of experience working with Government Guaranteed lending.


Knowledge/Skills/Abilities Required
•Strong interpersonal skills to communicate effectively throughout the Bank and represent the Bank positively to the public and acquire working relationships with current and potential loan accounts.
•Strong analytical skills to assess and evaluate areas of responsibility including determination of loan risk involved and recommendation of credit limitations.
•Thorough understanding of financial data such as cash flow, balance sheet and collateral dynamics of customers’ properties and geographic area.
•Ability to persuade and negotiate with others through the development and delivery of presentations.
•A thorough knowledge of all Bank services.
•Knowledge of computer systems such as Microsoft Office Suite and other relevant software programs and their application.
•Ability to read, analyze, and interpret general business periodicals, professional journals, technical procedures, or governmental regulations.
•Ability to write reports, business correspondence, and procedure manuals.
•Ability to effectively present information and respond to questions from groups of managers, clients, and the general public.
•Ability to solve practical problems and deal with a variety of concrete variables in situations where only limited standardization exists.
•Ability to interpret a variety of instructions furnished in written, oral, diagram or schedule form.


Hiring Solutions LLC provides equal employment opportunities (EEO) to all employees and applicants for employment without regard to race, color, religion, sex, national origin, age, disability or genetics. In addition to federal law requirements, Hiring Solutions LLC complies with applicable state and local laws governing nondiscrimination in employment.