VP - SBA Portfolio Manager


: $175,290.00 - $175,290.00 /year *

Employment Type

: Full-Time


: Financial Services - Banking/Investment/Finance

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Please enable cookies in your browser to experience all the personalized features of this site, including the ability to apply for a job. As the VP - SBA Portfolio Manager at Lakeland Bank you will service the existing Small Business Administration (SBA) 7(a) loan portfolio to meet bank policy and SBA requirements. Additionally you will underwrite new SBA loan requests, loan renewals and modifications, as well as manage payment delinquencies. Key Responsibilities: Obtain documentation and perform collateral site visits for adherence to Bank and SBA monitoring requirements. Proactively initiate customer contact, including on-site calls, verbal and written communication to respond to inquiries or assist team members during periods of absence, address Bank underwriting questions, and manage loan portfolio duties. Perform independent research for credit quality and loan presentation preparation. Underwrite new loan requests incorporating analysis of borrower-provided financials to determine eligibility for SBA 7(a) loans. Work primarily with SBA lenders and review new loan referrals submitted by other business units. Identify key credit risks, make sound loan structuring recommendations, and utilize trend analysis in executive level reports. Prepare periodic reports and credit presentations for senior management, conduct ad hoc borrower analysis, and, in limited instances, assist non-SBA underwriting staff. Oversight of SBA Portfolio Management function. Manage existing Small Business Administration (SBA) 7(a) loan portfolio and underwrite new SBA loan requests, loan renewals, and modifications to include managing payment delinquencies. Responsible for entire loan process including inception, underwriting, commitment, documentation, closing, reporting, and on-going monitoring. Conduct credit investigations and prepare submission credit memo for review and approval for new and existing loan requests summarizing the business operation and loan request, including use of proceeds, nature and history of business, management experience, the source of capital injection, collateral value, justification for any addbacks to cash flow, explanation for adverse business trends, additional collateral to be taken, etc. Ensure obvious credit issues are appropriate and adequately addressed and explained. All associated duties related to the credit review of manually underwritten SBA 7(a) loans. Requirements Bachelor's Degree in Accounting, Finance, Economics or related field 7 years of Portfolio Management experience; loan portfolio and underwrite new SBA loan requests to include managing payment delinquencies, loan renewals and modifications. Working knowledge of SBA loan structuring, underwriting, documentation, eligibility and credit. Working knowledge of SBA Standard Operating Procedures Excellent, effective verbal and written communication skills Ability to effectively multi-task, managing time and resources to ensure work is completed efficiently and within established time-frames Excellent organizational skills Proficient in MS-Office, specifically Outlook, Excel, and Word Bondable PREFERRED QUALIFICATIONS: 8 years of Portfolio Management experience, to include 2 years of credit or underwriting at a Bank. 2 years of supervisory experience (including hiring, reviewing, counseling, coaching, training and terminating) Working knowledge of Baker Hill software Employment Eligibility All Lakeland Bank employees must be bondable. FBI background checks are required to confirm eligibility for bonding. Note: A guilty plea or criminal conviction will not necessarily preclude employment at Lakeland Bank. Sorry the Share function is not working properly at this moment. Please refresh the page and try again later.
Associated topics: audit, budget, cash, corporate banking, credit, financial, financial services, invest, kpmg, pay * The salary listed in the header is an estimate based on salary data for similar jobs in the same area. Salary or compensation data found in the job description is accurate.

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