SBA Senior Credit Officer

What you'll do:

• Manage the SBA department’s overall credit underwriting to ensure strong credit quality in accordance with the bank’s credit standards and SBA SOP eligibility requirements. 
• Oversee the full range of managerial duties for credit review compliance and credit analysis functions, including adherence to policies and practices of the organization as well as the SBA and applicable regulatory agencies. 
• Ensure disciplined credit underwriting practices to maintain strong credit quality and portfolio integrity. 
• Establish and revise internal SBA credit guidelines as required per all SOP updates. 
• Ensure that bank and SBA policies, practices, regulations, and documentation requirements are followed.
• Proactively monitor and manage credit to identify any deterioration in credit quality to minimize loss exposure of the portfolio.  
• Develop and maintain SBA loan grading processes to ensure that all loans are properly risk graded for the life of the loan. 
• Inform the Bank CEO, Chief Credit Officer, Chief Risk Officer and Head of SBA in a timely manner of any existing and potential risk issues.
• Oversee the use of outside professional vendors in accordance with the Chief Credit Officer and Chief Risk Officer (i.e. closing attorneys, consultants, appraisers, environmental consultants, LSPs, etc.) as related to all aspects of SBA lending and risk management.
• Provide SBA SOP credit guidance and support to all underwriting, closing and servicing staff.
• Manage all SBA agency and regulatory audit reviews to ensure satisfactory ratings or better, taking corrective actions as necessary. 
• Serve as liaison between the bank and all regulatory authorities in connection with all SBA audits and examinations. Research and respond to inquiries of state and federal examiners as well as internal and external auditors.

What you need:

• 5-7 years of direct SBA credit underwriting and credit management, or equivalent experience.
• Direct commercial credit decisioning experience, SBA preferred. 
• Strong proficiency in SBA SOP eligibility and regulatory requirements. 
• Regional Bank and multi-billion dollar SBA bank credit experience preferred.
• Strong proficiency in financial analysis and cash flow modeling.

• Strong leadership skills and capability to mentor and motivate in a team environment. 
• Experience with complex commercial credit analysis, loan structure, and financial statement analysis.
• Follows policies and procedures; supports organization's goals and core values; benefits organization through outside activities; supports affirmative action and respects diversity. 

About
Grasshopper is a client-first digital bank serving small businesses, startups, and investors supporting them across the innovation economy. Our digital solutions cover small business, venture-backed companies, fintech-focused Banking-as-a-Service (BaaS) and commercial API banking platforms, SBA lending, commercial real estate lending, and yacht financing. Privately owned and headquartered in New York City, the bank is a Federal Deposit Insurance Corporation member and is an Equal Housing/Equal Opportunity Lender.We're always looking for talented, driven, visionary people to join our team. If you don't see the job that fits your skillset, please send your resume to [email protected].