SBA Underwriter Job at Royal Business Bank, Edison, NJ

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  • Royal Business Bank
  • Edison, NJ

Job Description

JOB SUMMARY

Under general supervision and following established guidelines, the Human Resources Coordinator provides administrative support and coordination of day-to- day Human Resource operations. The position requires involvement with sensitive and confidential information and use of discretion and judgment. Complies with all regulations which apply within the scope of the position, including Bank Secrecy Act.

DUTIES

  • Underwrite new SBA guaranteed loan products, primarily 7a and 504 loans following the Bank’s lending policy and procedures, SBA guidelines and general prudent lending practice.
  • Perform financial and ratio analysis on collected financial information to evaluate financial condition/capacity of each applicant.
  • Review all legal documents, contracts, escrow documents, preliminary title and lien search report for proper risk assessment.
  • Review real estate appraisal, environmental studies and business valuation to analyze collateral adequacy.
  • Prepare a comprehensive written report on each loan request for presentation to proper approval authority.
  • Conduct applicant interviews and site visits as needed.
  • Monitor and service existing loan portfolio.
  • Prepare and update daily, weekly and monthly administrative reports
  • Promote and cross sell the Bank’s services and products.
  • Perform other duties as assigned.

QUALIFICATIONS

EDUCATION: Bachelor’s degree in Business-related major.

EXPERIENCE: 5+ years’ experience in SBA/commercial lending; familiar with SBA financial programs, especially 7a and 504

SKILLS/ABILITIES

  • Track record of business development
  • PC proficient in Word and Excel
  • Customer service
  • Effective verbal and written communication skills
  • Bilingual may be required.

Applicants must be authorized to work in the United States without the need for visa sponsorship now or in the future.

WHY WORK FOR US?

Since opening our first branch in Los Angeles in 2008, Royal Business Bank (RBB) has grown rapidly by adding branches in Southern California, Nevada, New York, New Jersey, Chicago and Hawaii. We offer a comprehensive and innovative suite of banking services for individuals and businesses. We have great benefits that include, but not limited to:

  • Medical insurance
  • Vision insurance
  • Dental insurance
  • 401(k)
  • Disability insurance

Royal Business Bank may collect personal information from potential job candidates and applicants. For more information on how we handle personal information and your applicable rights, please review our Privacy Policies (GLBA Privacy Notice, California Consumer Privacy Act and Online Privacy) at our website . Royal Business Bank is an Equal Employment Opportunity employer and all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, age, national origin, protected veteran status, disability status, sexual orientation, gender identity or expression, marital status, genetic information, or any other characteristic protected by law.

Job Tags

Visa sponsorship,

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