Analyzes applicant financial status, credit, and property evaluation to determine feasibility of granting loan. Review, processes, close and administers loan proposals. Interviews applicants and requests specified information for loan applications. Approves loan within specified limits of lending authority or refers loan to loan committee for approval. Ensures loan agreements are complete and accurate according to policy. Maintains database and monitors performance of loans.
- Underwrite SBA applications to determine if loan requests meet Popular and SBA's lending criteria.
- Package, monitor and report on SBA loans such that the loans remain in full compliance with the SBA.
- Assist the bank in growing its SBA portfolio. Meet with Relationship Managers and clients to be considered for Credit approval.
- Assist in the drafting of Commercial Credit Procedures, Risk Assessment Criteria (RAC) and Target Markets.
- Provide adequate education when needed to the internal lending staff on the various SBA programs Foster strong relationships with the Line of Business and other units to share resources.
- Produce accurate Risk Rating Assessments for all SBA loans.
