SBA Eligibility Officer, Dallas, TX SBA Eligibility Officer, Dallas, TX …

J.P.Morgan
in Dallas, TX, United States
Permanent, Full time
Be the first to apply
Competitive
J.P.Morgan
in Dallas, TX, United States
Permanent, Full time
Be the first to apply
Competitive
SBA Eligibility Officer, Dallas, TX
Specialty Finance Business Banking serves the needs of businesses with $.5 million to $20 million in revenue. The SBA (Small Business Administration) Eligibility Approval Officer (SBA EO) provides critical SBA product support by being the focal point of technical, processing and/or procedural support for the Business Loan Centers. The SBA EO is responsible for determining whether Small Business Administration (SBA) credit applications meet eligibility guidelines for less complex SBA borrowing.

Principal Duties and Responsibilities (in order of importance)

• Prepare and review less complex SBA credit applications and requests for modification to undisbursed or existing SBA loans for determination of SBA eligibility
• Verify SBA packages are complete and in compliance with credit policies and SBA Standard Operating Procedures (SOP)
• Obtain and review critical documentation needed for SBA eligibilty determination, and document preparation by working with Credit Coordinators, Specialty Finance Consultants (SFCs), Specialty Finance Solutions Officers (SFSOs) and Business Relationship Managers (BRMs)
• Assist in collection of SBA specific documentation during the post approval process
• Learn and keep up to date on SBA SOP, while gaining an expert knowledge of credit policy, Fair Lending, Community Reinvestment Act (CRA) and other compliance regulations
• Provide guidance to conventional underwriters on eligibility, packaging, and processes for non complex SBA applications.
• Foster open communications with other departments and other lines of business
• Be responsive to inquiries from all job families and customers

Requires 1-3 years experience working with SBA programs and operating procedures
• Preferred 1-3 years experience as a BRM, underwriter or in a similar related position requiring business/commercial credit knowledge and credit judgment
• Bachelor's degree or equivalent experience
• Knowledge of commercial loan credit structures and loan documentation
• Working knowledge of Chase credit policy, procedures and bank regulations
• Strong organizational, analytical, communication and interpersonal skills
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