SBA Lender

Posted 6 Days Ago
Be an Early Applicant
Arlington, MA
Hybrid
126K-189K Annually
Senior level
Fintech • Insurance • Payments • Social Impact • Financial Services
Leader Bank is defined by our exemplary products and client services as well as our innovative spirit.
The Role
The SBA Lender is responsible for generating and promoting new SBA loans, managing relationships with referral partners, and ensuring proper underwriting of loan applications.
Summary Generated by Built In
Leader Bank is looking for exceptionally dedicated team members to join one of the region's fastest growing community banks and mortgage lenders. At the time of its founding in 2002, Leader Bank had one branch office, $6.5 million in assets and 7 team members. Since then, the Bank has become of the most successful banks in Massachusetts with more than $4.5 billion in assets, more than 400 team members, 7 branch offices, and annual mortgage originations of over $2 billion.
Exemplary products and an innovative spirit have driven Leader Bank's rapid growth over the years, and our team members embrace these values. Our mission is to obsess over our clients, make them feel valued, and maintain long-term relationships with them by constantly enhancing our products and processes to always be improving our client experience. For our team members, Leader Bank prioritizes competitive compensation and benefits, a healthy work-life balance, and an environment that fosters diversity and inclusion.
Summary
The Small Business Administration (SBA) Loan Officer is responsible for developing, soliciting and promoting new SBA loans independently by working and maintaining relationships with outside and inside referral partners. The role will develop a plan to generate new loan applications, prepare credit analyses, present credit requests to executive management, monitor payment records, and maintain a working relationship with current and potential borrowers.
Responsibilities
  • Direct calling on referrals from inside and outside bank partners in a direct effort to develop new loan business.
  • Meet/exceed production related goals on new loans, per individual lender LO.
  • Collect necessary information from loan applicants for loan requests to be understood, properly underwritten, and monitored through weekly pipeline sales meetings.
  • Respond to the credit department's questions pertaining to the underwriting process to determine the credit worthiness of loan applicants.
  • Effectively present information to senior management.
  • Work with customers throughout the application and closing process
  • Maintain working knowledge of lending related legal and regulatory compliance issues in coordination with our VP of SBA Administration/Operations.
  • Participate in regular sales and marketing meetings and events to promote the bank's products and services.
  • Provide exceptional client service

Qualifications
  • Undergraduate degree
  • The ideal candidate must have a minimum 6-10 years in a commercial lending/SBA environment
  • Must be detailed oriented with good problem-solving skills.
  • Solid organizational skills
  • Ability to work in a fast-paced environment
  • Excellent verbal communication and negotiation skills
  • Ability to read, analyze, and interpret financial statements and legal documents.
  • Proven decision-making ability
  • Proficient in MS Windows/Outlook

The base salary range below represents the low and high end of the Leader Bank salary range for this position. Actual salaries will vary and may be above or below the range based on various factors including but not limited to location, experience, and performance.
Salary Minimum: $126,308 - Salary Max: $189,462
The range listed is just one component of Leader Bank's total compensation package for team members. Other rewards may include annual bonuses, commissions, short- and long-term incentives, and program-specific awards. In addition, Leader Bank provides a variety of benefits to eligible team members, including health insurance coverage, a team member wellness program, life and disability insurance, a retirement savings plan, paid holidays and paid time off and vacation.
Leader Bank, N.A. is an Equal Opportunity and Affirmative Action employer and does not discriminate on the basis of race, color, religion, age, gender, marital status, sexual orientation, national origin, disability, military status, veteran status or any other protected class.
Leader Bank is an E-Verify® participant. * For more information, click on the links below:
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* E-Verify® is a registered trademark of U.S. Department of Homeland Security

Top Skills

Ms Windows
Outlook

What the Team is Saying

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The Company
HQ: Arlington, MA
420 Employees
Year Founded: 2002

What We Do

Founded in 2002, Leader Bank is a Massachusetts-based entrepreneurial financial institution that approaches banking differently. The core tenets of Leader Bank include client services, exemplary products, and innovation to meet the needs of its clients. Leader Bank’s best-in-class staff has been at the forefront of supporting the bank’s rapid growth and client-oriented solutions, as the bank has continued to expand its commercial and retail products and solutions over the last two decades. Leader Bank is a committed corporate citizen and prides itself on partnering with and supporting philanthropic organizations.

Why Work With Us

Leader Bank is a dynamic workplace that offers a healthy work-life balance, and our team members are afforded the opportunity make a true difference in the communities we serve.

Beyond the banking relationships with our clients, Leader Bank embraces our responsibility to support the region we serve.

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Leader Bank Offices

Hybrid Workspace

Employees engage in a combination of remote and on-site work.

Most team members are on a hybrid schedule splitting time working from home and our offices. Some do work fully remote, others work fully in-person.

Typical time on-site: 2 days a week
HQArlington, MA
Our corporate headquarters is centrally located in beautiful Arlington, Massachusetts and easily accessible via Route 2. Our offices are surrounded by local eateries, schools, and grocery stores – making for a neighborhood feel just a short drive or ride on public transit from downtown Boston.

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