SBA Credit Manager - Tampa, FL

Job Title: SBA Credit Manager  

Primary Location: Westchase, Tampa FL

Employee Status: full-time salary

Estimated Hours/Week: 38

Hybrid: Yes

​What You’Ll Get: (Note Varied Offerings Based On Role And Hours)

• Weekly Pay

• Comprehensive Health & Wellness package including Medical (with prescription coverage), Dental, and Vision 
• Matching Health Savings Account Contributions, Dependent Care flexible spending account (FSA) 
• Retirement options like 401 (k) with company match and pension 
• Paid time off: Vacation, Personal days, paid holidays, paid volunteer time, sick days, & flex time

• Tuition Reimbursement

• To see a full list of our benefit offerings – check out this helpful guide!

About This Position:

The SBA Credit Manager is responsible for the oversight and direction of underwriting SBA 7(a), and other government guaranteed loan requests by providing support, analysis, and compliance to both LMCU loan policy and SBA - SOP. This position fosters collaboration between SBA credit underwriters, SBA lenders, and SBA loan operations to provide efficient, timely and effective loan presentation to approving authorities. Works with the SBA leadership team to ensure compliance with state and federal regulations.

What You’Ll Do:

• Provides ongoing supervision to the SBA credit underwriting team on loan underwriting process, credit memo preparation, portfolio risk mitigation and adherence with LMCU loan policy and procedures.
• Conducts high-quality, in-depth financial analysis, including cash flow modeling, collateral evaluation, and market assessment to identify and mitigate potential credit risks. Analyzes complex financial statements through detailed spreading for credit review and underwriting purposes. Collaborate closely with SBA lenders and members to complete comprehensive loan analyses. Provides credit recommendations aligned with LMCU's SBA lending policies.
• Responsible for creating weekly loan committee agenda and scheduling loan committee meetings.
• Responsible for reviewing all credit memo content to ensure compliance with LMCU policy and SBA-SOP.
• Responsible for the production and distribution of reports to the appropriate team members and management to include, but not limited to: loan maturities, annual review, covenant, financial reporting exceptions, past dues.
• Trains and mentors team members on SBA lending programs, updates and new product offerings.
• Partners with SBA loan operations, servicing, and special assets to ensure timely processing, closing, & ongoing management of SBA Loans.
• Serves as the point of contact for SBA-related loan file questions by internal and external parties.

What You’Ll Bring:

• Three years to five years of similar or related experience, including preparatory experience.

• A College Degree.

Who We Are:

We’re proud of our past, thrilled with our present, and couldn’t be more excited about our future! Lake Michigan Credit Union has grown to become one of the largest credit unions in the nation with our headquarters in West Michigan.

As a credit union, LMCU is a not-for-profit institution, owned by its members, instead of corporate stockholders. We are accountable directly to our members, and they directly share in our success – benefitting by lower and fewer fees, better savings and checking interest rates, lower cost mortgages and a host of other advantages that simply don’t exist at traditional banks.

It’s about always doing what’s best and right for our members - it guides everything we do.

From friendly, knowledgeable and professional employees who greet you by name, to offering stellar value at every turn, LMCU works for its members.

Working with LMCU you can grow and advance in your career and work with talented teams that help you become better each and every day.  As an employee you can have confidence in knowing your work is having an impact by supporting our mission of serving our members’ lifetime financial needs. 

You’ll be encouraged to innovate and excel and we're committed to your empowerment as an employee, providing ongoing training, development, support, and opportunities for you to achieve your career goals.

Have Additional Questions About The Role?

You may email us at: Careers@lmcu.org. 

If you lack access to the internet or internet connectivity, or have a disability that hinders your ability to apply online, please choose one of the following options to obtain assistance:

Call us at: (616) 242-9790

Mail your resume to: 5664 Prairie Creek Drive, Caledonia, MI 49316

Please Note: These options are reserved for use by individuals requesting an accommodation as a candidate. Information received via these options will be routed to our HR team, who will provide appropriate assistance to facilitate the completion of LMCU’s online application.

LMCU is an Equal Opportunity Employer