Credit Officer
Valuable opportunity for experienced SBA underwriters. Great salary, supportive team culture, strong benefits, and advanced training. Ideal for career-oriented professionals.
If you have strong experience underwriting SBA 7(a) loans and are looking for a competitive salary, the Credit Officer, VSBA Credit Department role offers $95,000 to $115,000 per year, full-time. The position comes with a comprehensive benefits package, including 401k with matching, health, dental, and vision coverage, paid time off, and excellent training programs.
This job is ideal for professionals seeking a collaborative, growth-oriented workplace with an emphasis on team culture. VelocitySBA distinguishes itself by offering unique professional development opportunities and a supportive environment.
Day-To-Day Responsibilities: What To Expect
As a Credit Officer, your primary tasks involve underwriting, analyzing, and spreading financials for SBA 7(a) loan transactions. You conduct due diligence under the guidance of your team lead or manager.
You’ll prepare credit memos, ensure adherence to internal policies and SBA regulations, and work closely with various departments. Duties also include reviewing business reports and legal documents, processing approved loans, and coordinating with the closing team.
Part of your job is to exercise independent judgment in recommending loans to the management committee and to order third-party reports as required.
Professional business writing and presentation skills are crucial, as you’ll create detailed documentation and support communications between loan applicants and the team.
The position demands good problem-solving skills, an analytical mindset, and the ability to identify and mitigate credit risk effectively.
Key Advantages: Why Consider This Role?
One distinct pro is the workplace culture; VelocitySBA fosters teamwork and synergy, making it easier to collaborate and learn from industry-leading professionals.
The benefits package is generous, covering retirement savings, health options, and paid leave, all of which contribute to a healthy work-life balance.
Posibles inconvenientes
The role requires at least three to five years of relevant experience. If you’re earlier in your career or unfamiliar with SBA 7(a) loans, you may not yet qualify.
Additionally, the need to pass a drug test and background check is a firm requirement, so keep that in mind as you consider applying.
Final Verdict: Is This the Right Opportunity for You?
If you’re looking to continue your career with new challenges and wish to advance in SBA lending, this job is well worth your consideration.
A supportive environment, career advancement, and generous salary make this a top option for experienced credit professionals ready for their next step.
