The SBA Manager will be responsible for the growth, profitability, and management of the Bank's Small Business Administration (SBA) loan portfolio. Work closely with our branch partners with originating and managing SBA loans throughout the application and underwriting process. Responsible with maintaining the integrity of the SBA loan origination process and be required to have a thorough understanding of SBA loan submission procedures. Assure that quality service is provided to the internal an... more details
SBA Lending Manager
LocationUS-NY-New York
Job ID
2024-11260
Category
Commercial Banking/Corporate Banking
Position Type
Full-Time
Introduction
Since 1973, East West Bank has served as a pathway to success. With over 120 locations across the U.S. and Asia, we are the premier financial bridge between the East and West. Our teams of experienced, multi-cultural professionals help guide businesses and community members on both sides of the Pacific looking to explore new markets and create new opportunities, and our sustained growth and expertise in industries like real estate, entertainment and media, private equity and venture capital, and high-tech help build sustainable businesses and expand our associates’ potential for career advancement.
Headquartered in California, East West Bank (Nasdaq: EWBC) is a top performing commercial bank with an exclusive focus on the U.S. and Greater China markets. With a strong foundation, and enterprising spirit and a commitment to absolute integrity, East West Bank gives people the confidence to reach further.
Overview
The SBA Manager will be responsible for the growth, profitability, and management of the Bank’s Small Business Administration (SBA) loan portfolio. Work closely with our branch partners with originating and managing SBA loans throughout the application and underwriting process. Responsible with maintaining the integrity of the SBA loan origination process and be required to have a thorough understanding of SBA loan submission procedures. Assure that quality service is provided to the internal and external customers, and will be focused on revenue growth, business model execution, sales performance, sound risk practices, and external and internal customer satisfaction.
Responsibilities
Supervise sales personnel including hiring, performance management, and performance evaluation
Responsible for quality control within the sales function and ensure that loan files are forwarded to operations with no material errors or missing documentation, and ensures that SBA loan submissions are within credit and SOP guidelines
Review the sales personnel’s’ SBA loan submissions for compliance with SBA and commercial loan underwriting and eligibility standards. Identify areas of weakness and provide training when necessary to eliminate inefficiencies and errors
Communicate effectively with sales personnel, credit, and operations personnel to ensure and meet monthly funding objectives. Research, collect, and disseminate procedural changes affecting SBA loan programs
Partner with our branch partners to focus on business development for marketing SBA loan programs to a select number of targeted small businesses, including developing strategies to originate SBA loans with select businesses within assigned markets
Provide leadership to existing branch partners and team members to meet sales goals and build revenues and profitability. Work closely with the credit and operations
Support and focus on building strong customer relationships and identify customers most suitable for our SBA loan products
Perform other duties as assigned
Qualifications
BS/BA degree or higher in accounting, finance, or economics preferred
10+ years of Small Business Administration (SBA) 7a and 504 lending experience
10+ years of business development and supervisory experience
Ability to work collaboratively with all team members to attain business goals
Experience in financial statement and cash flow analysis
Knowledge and understanding of Small Business Administration (SBA) Standard Operating Procedures (SOP) and policies
Ability to work under pressure and meet deadlines
Ability to work in a team environment when applicable
Proficiency in Microsoft Office (Excel, Word, PowerPoint, Outlook, etc.)
Strong work ethic and self-motivation
Strong verbal, written communication, and organizational skills
Compensation
The base pay range for this position is USD $100,000.00/Yr. - USD $160,000.00/Yr. Exact offers will be determined based on job-related knowledge, skills, experience, and location.
East West Bank is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, veteran status, or any other legally protected status. Reasonable accommodations for disability are provided to applicants and employees in accordance with applicable law.
Job Abstracts is an independent Job Search Engine. Job Abstracts is not an agent or representative and is not endorsed, sponsored or affiliated with any employer. Job Abstracts uses proprietary technology to keep the availability and accuracy of its job listings and their details. All trademarks, service marks, logos, domain names, and job descriptions are the property of their respective holder. Job Abstracts does not have its members apply for a job on the jobabstracts.com website. Additionally, Job Abstracts may provide a list of third-party job listings that may not be affiliated with any employer. Please make sure you understand and agree to the website's Terms & Conditions and Privacy Policies you are applying on as they may differ from ours and are not in our control.
We would like to take a second to Welcome You to Job Abstracts, the nation’s largest Pure Job Board. With over 3.1 million job listings from 15,000+ Companies & Organizations, we help job searchers find careers that match their interests. As an anonymous user, you have probably discovered how easy our system is to use. However, you have just scratched the surface of what we can offer.
We encourage you to Register so you can use our most powerful features: searching with multiple terms, setting up multiple locations, establishing favorite companies, and accessing your search history. If you find a job you like, you can apply directly for it, and then, keep notes on it. We will also keep a lookout for jobs that match your search terms and email you when we find something you may like.
You can register for free and the system is free to use. If you like our system so far, click on Register and unlock the power required by serious job searchers.
Any time you conduct a search, the system shows you job matches, ranked by their Relevance Score (RS).
The score is calculated by a proprietary algorithm that uses Intelligent Machine Learning.
The Relevance Score tells you how well the job opportunity matches your search term or terms.
When not logged in, the system is limited to one search term. Scores for single term matches are usually lower.
When you register, log in, and set up multiple terms prioritized by importance, the jobs found for you will receive a much higher Relevance Score.
