SBA Credit Risk Team Lead - Tampa - Valley Bank

    Valley Bank
    Valley Bank Tampa

    2 days ago

    $110,600 - $195,700 (USD) per year Banking / Loans
    Description

    The SBA Credit Risk Team Lead is responsible for all underwriting activities related to new and existing credit transactions with moderate to higher complexity including client diligence, structuring, and the required analysis and preparation of the underwriting package. They will also manage a team, focused on SBA 7a lending.

    Responsibilities include, but are not limited to:

    • Proactively communicates with Loan Officers and assigned Credit Portfolio Managers during the underwriting, approval and portfolio management processes.
    • Review and circulate credit packages and modifications for approval. Ensure packages are updated as required by approvers.
    • Underwrite complex new loan requests and modifications.
    • Coordinate with the assigned Commercial Loan Officers, Loan Officer Assistants and Direct Reports all activities required to complete a credit package.
    • Completes performance evaluations, reviews and approves timecards and all other manager related activities for his/her direct reports.
    • Prepare effective packages for credit approval circulation and to present packages to the required level of credit authority.
    • Obtain, and monitor various loan portfolio reports such as Maturing Loans, Past-Due Loans, Annual Reviews and proactively assist lenders with requisite action plans.
    • Assure that credits are accurately risk rated and credits are properly monitored and reported.
    • Adhere and comply with all requirements of Regulation B Adverse Action Procedures -- Florida Division.
    • Create and maintain current BSA Information.
    • Adhere and comply with all requirements of watch list and EDD procedures.
    • Manage and track covenants, borrowing bases, A-R Ageing, etc. for their accounts.
    • Assist in preparation of quarterly CLMR reports.
    • Advise Lenders on all matters related to the Bank's Credit Policy and related Procedures/Forms.
    • As time allows conduct annual site visits, attend loan closings and other tasks required to support assigned lenders.

    Required Skills:

    • Knowledge of SBA 7a Underwriting
    • Knowledge of credit underwriting, accounting and loan documentation with the ability to.
    • Ability to effectively communicate credit concerns and formulate alternate loan structures to customers, business unit team leaders, department heads and senior management.
    • Proficient computer skills using Microsoft Word, Excel and Outlook.
    • Strong level of interpersonal and social skills needed to interact with loan officers, administrative staff and customers.
    • Strong personal time management skills.
    • Strong mathematical skills.
    • Strong credit skills.
    • Strong administrative skills.
    • Ability to write reports and business correspondence.
    • Ability to effectively present information and respond to questions.

    Required Experience:

    • High School Diploma or GED and a minimum of seven years of experience in a commercial lending environment in a credit-oriented and underwriting position.
    • Bachelor's degree, completion of a formal credit training program, and prior supervisory experience is preferred.

    Full-time/Part-time

    Full-time

    FLSA

    Exempt

    Location(s).

    405 N Westshore Blvd, Tampa, Florida 33609, United States

    180 Fountain Pkwy N Suite 200, St Petersburg, Florida 33716, United States

    Total Rewards Summary

    We provide a comprehensive and competitive total rewards package including base salary determined by factors such as the role, relevant experience, skill set, and geographical location. Eligible positions may also be eligible to receive commission-based compensation and/or discretionary incentive compensation, which may be awarded as cash or forfeitable equity, recognizing individual performance and contributions.

    In addition to financial compensation, we offer a robust suite of benefits tailored to meet diverse employee needs based on eligibility criteria. These include comprehensive health care and insurance plans, retirement savings options, tuition and adoption reimbursement programs, paid time off, mental health support, and other valuable benefits programs. Further details regarding total compensation and benefits will be shared during the hiring process.

    Job Details

    Pay Range $110, $195,700.00 / year

    Pay Transparency

    In order to support the Fair Compensation Strategy by the US Govt., HR Dept., clients are required to adhere to "Pay Transparency Law"; in the impacted states; that have mandated the employers to list the salary ranges in Job advertisements or postings for job opportunities and Job promotions.

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