Los Angeles, California, United States
Enthusiastic, energetic banking professional experienced in underwriting (SBA, C&I, CRE) and loan portfolio management/servicing, with a public accounting/tax preparation background.
-Monitored existing portfolio of commercial real estate, multifamily housing, and construction loans to ensure compliance with covenants and bank’s internal policies. -Performed in-depth financial and credit analysis for prospective loan applicants and made recommendations regarding credit decisions, risk ratings, and credit structure to prepare credit memorandum for approval.
-Evaluated and examined credit worthiness and quality of prospective loan applicants by analyzing tax returns/business financial statements, assessing business plan viability, and validating credit needs and opportunities. -Led meetings with internal and external clients to address questions regarding credit/underwriting policies, loan structuring, and SBA Standard Operating Procedures.
-Assessed credit worthiness of SBA loan applicants by determining repayment ability from business tax returns/financial statements, evaluating business plans, and analyzing pledged collateral to underwrite credit memorandum. -Screened loan prospects from SBA's Lender Match Portal, branch/broker referrals, and internal leads to prepare letter of intent and initial loan terms and conditions. -Acted as point of contact for existing SBA loan clients to handle servicing, deferment, and modification requests in a timely, organized manner to satisfy SBA procedures
-Underwrote various types of loans including Small Business Administration, Paycheck Protection Program, commercial real estate, and personal and business revolving line of credits. -Managed loan portfolio consisting of 160+ Small Business Administration loans totaling $243,000,000 by handling servicing requests related to loan modifications, following up on loan payments, and developing client relationships to best serve their needs. -Participated in Community Outreach Events including judging business plan proposals and conducting mock interviews for local high schools
-Prepare financial statement spreads to evaluate borrowers’ ability to repay debt from Small Business Administration 7(a) and 504 loans -Analyze loan applicants’ financial statements, credit reports, mitigating risk factors, and business operations to assist in the underwriting process -Comply with regulations and guidelines set forth by US Small Business Administration