Job Information
INTRUST Bank SBA Lending Associate in Wichita, Kansas
Description
At INTRUST Bank, 10 character qualities are at the foundation of all we do. They include respect, positivity, compassion, humility, and initiative. They guide our interactions with customers and each other, are why we give back to communities, and inform how we shape our goals as a company. These character qualities are our tradition, and we bring them to life each day.
Your career is important to you, which makes it important to us. At INTRUST you’ll find a welcoming, encouraging atmosphere where your talents can thrive. You will be supported in your career, you can lead no matter what your title, and you can see a path for future growth. If you’d like to find a place of work where you’re appreciated, can find balance, and have a sense of belonging, then we encourage you to apply for this role.
A modern benefits approach: To support our employees and their families, INTRUST offers a comprehensive, market-competitive benefits package that prioritizes your total well-being.
Competitive pay
Generous time off
Employees receive three weeks of paid vacation plus 11 paid holidays each year.
Paid time off to volunteer in the community.
Paid employee and family sick leave.
Paid parental leave.
401(k) plan with 6% employer match and 100% immediately vested.
3% non-elective company contribution; non-elective contribution vested after 3 years of service.
Career growth and development resources
Tuition reimbursement for full-time and part-time employees enrolled in any degree program.
Banking benefits
Medical, dental, and vision insurance
Benefits eligibility is dependent upon hire date and employment status. Ask for our benefits guide for full details.
Job Summary: The SBA Lending Associate partners with commercial lenders and Bank customers and prospects to underwrite and analyze potential SBA loans. In addition, the SBA Lending Associate advises on SBA regulatory compliance, prepares SBA loan documents, and closes SBA loans. Must provide a high level of customer service to internal and external customers. Promotes an environment of teamwork within the department and across the bank. Represents INTRUST Bank in all they do in the community and is focused on the development of new business relationships. Must maintain strict standards of confidentiality and perform duties in a manner supporting INTRUST’s Character Qualities.
Essential Functions: All expectations described in the job description’s essential functions are necessary to be successful in this role, performed with or without a reasonable accommodation.
Interprets and understands the SBA’s standard operating procedures (SOP) including all new SOPs and any changes to existing SOPs.
Compiles information and analyzes financial statements in accordance with both SBA regulation and loan policy. Completes initial underwriting for all SBA loans.
Creates SBA credit memos for approval by the commercial relationship manager, managing director, and/or loan committee.
Recommends structures while ensuring compliance with SBA SOP
Meets with customers and lenders to communicate SBA loan underwriting policies and regulations.
Assesses credit quality of loan applicants.
Oversees file reviews of SBA loan requests to ensure credit quality is acceptable for the entire SBA loan portfolio.
Prepares all SBA loan closing documentation via LaserPro and SBA Lending Solutions.
Closes all SBA loans with the borrower.
Partners with commercial lender to ensure that any servicing needs are completed in compliance with SBA requirements. Completes SBA servicing requests in accordance with SBA SOPs.
Assists in monitoring ongoing construction projections including construction draws, site visits and site visit reports.
Reviews loan applications completed by the credit department for SBA 504 loans to ensure compliance with SBA regulations.
Completes monthly SBA 1502 reporting.
Assists manager and special assets team with liquidations, care and preservation of collateral, and purchase requests within the SBA portfolio.
Assists manager with periodic SBA/OCRM audits of the SBA portfolio.
Education and Experience: Bachelor's degree in business, with a preferred major in finance or accounting plus 1 – 4 years of banking experience, preferably in commercial lending or commercial credit.
Required Skills and Knowledge: Excellent organizational and time management skills with ability to work on multiple projects, with flexibility to change priorities to meet deadlines. Exceptional verbal, written and interpersonal communication skills. Strong independent thinking, analytical and problem-solving abilities with attention to detail and accuracy. Strong analytical skills and the ability to identify areas of risk. Uses good judgement to carry out instructions, analyze and interpret documents, understand procedures, write correspondence and emails, and speak clearly and professionally to customers and employees in person and via phone. Ability to learn new software packages and adapt to changes in processes and workflows. Ability to work with minimal supervision while performing duties.
Required Licenses and/or Certifications: None.
Physical Demands: Extended period(s) of time may be spent viewing a personal computer, sitting, standing, and walking. Occasional lifting up to 25 lbs. The physical demands necessary for this role should be performed with or without a reasonable accommodation.
Working Conditions: Normal office conditions.
This job description summary is not intended to be an employment contract, nor is it intended to state or imply these are the only activities to be performed by the employee occupying this position. Employees will be required to follow any other duties as assigned or requested by their supervisor.
INTRUST Financial Corporation and its subsidiaries, including INTRUST Bank, are Equal Opportunity Employers whose policy is not to discriminate unlawfully against any qualified employee or applicant for employment on the basis of protected military or veteran status, disability, race, color, religion, sex, age, national origin, pregnancy, genetic information, sexual orientation, gender identity, or any other classification protected by applicable local, state or federal law; except where an individual’s protected category constitutes a bona fide occupational qualification.
Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities
The contractor will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the contractor’s legal duty to furnish information. 41 CFR 60-1.35(c)