MUFG Union Bank SBA Credit Executive in Irvine, California
Do you want your voice heard and your actions to count?
Discover your opportunity with Mitsubishi UFJ Financial Group (MUFG), the 5th largest financial group in the world (as ranked by S&P Global, April 2018). In the Americas, we’re 13,000 colleagues, striving to make a difference for every client, organization, and community we serve. We stand for our values, developing positive relationships built on integrity and respect. It’s part of our culture to put people first, listen to new and diverse ideas and collaborate toward greater innovation, speed and agility. We’re a team that accepts responsibility for the future by asking the tough questions and owning the solutions. Join MUFG and be empowered to make your voice heard and your actions count.
Reporting to the Credit Manager, the Small Business Administration Credit Executive (SBA CE) underwrites credit applications supporting Union Bank’s SBA Department. The incumbent works closely with SBA Credit Managers to structure transactions and assess risks along with SBA Business Development Officers. This role plays an integral role in ensuring data integrity of the portfolio, establishing appropriate risk, and ensuring all SBA Standard Operating Policies Procedures (SOP) eligibility and other guidelines are satisfied.
Review new loan package requests for completeness, appropriate loan structure, and SBA eligibility.
Provide recommendations for alternate loan structures as appropriate.
Review all regulatory requirements as pertaining to Reg B, HMDA, FACTA, Fair Lending, Bank Secrecy, Anti-money Laundering, etc.
Analyze and underwrite SBA loans according to Bank credit policy and procedures and in compliance with SBA SOP requirements.
Analysis includes: cash flow, balance sheet, proforma, RMA, collateral, guarantor(s), and any other pertinent facts.
Meet all service level agreements for turnaround times.
Pass all QC reviews with no material or significant findings.
Maintain currency on changes to SBA SOP requirements and internal Bank policies and procedures.
Satisfactory results of internal and external examinations both SBA and general Bank related to SBA originations.
Year of Experience (and type of work experience):
Typically requires a BA or BS degree.
5 years of SBA credit experience.
Knowledge, Skills, Abilities
Strong verbal and written skills.
Excellent credit skills.
Effective interpersonal skills.
Excellent time management skills.
Thorough understanding of SBA SOP requirements, including underwriting and eligibility requirements of most SBA loan types including: Commercial real estate purchase and refinance, business acquisition, CAPLines, Express, and other C&I loans.
The above statements are intended to describe the general nature and level of work being performed. They are not intended to be construed as an exhaustive list of all responsibilities duties and skills required of personnel so classified.
We are proud to be an Equal Opportunity / Affirmative Action Employer and committed to leveraging the diverse backgrounds, perspectives, and experience of our workforce to create opportunities for our colleagues and our business. We do not discriminate in employment decisions on the basis of any protected category.
A conviction is not an absolute bar to employment. Factors such as the age of the offense, evidence of rehabilitation, seriousness of violation, and job relatedness are considered in all employment decisions. Additionally, it's the bank's policy to only inquire into a candidate's criminal history after an offer has been made. Federal law prohibits banks from employing individuals who have been convicted of, or received a pretrial diversion for, certain offenses.
Job: Consumer Banking
Primary Location: CALIFORNIA-Irvine
Other Locations: CALIFORNIA-San Diego
Schedule Full Time
Req ID: 10037653-WD