Credit Officer, Credit Department - Irving, TX

Job Title

VelocitySBA provides small business owners with access to growth capital through the SBA loan program. Having access to small business financing can give you the security and freedom to focus on other aspects of running your business. We can help you purchase commercial real estate and equipment, provide growth capital financing, deliver debt refinance solutions, aide with business acquisition/partner buyout, and assist small business owners with their startups.

• Responsible for underwriting and conducting due diligence of SBA 7a loan transactions under the supervision of the Credit Team Lead and/or Credit Manager.
• Spread and analyze financial information of loan applicants and evaluate the information according to internal Credit Policies & Procedures.
• Order 3rd party reports (e.g. Appraisal, Environmental, or Business Valuation) with approval from Credit Team Lead and/or Credit Manager.
• Prepare Credit Memorandum and ensure it is underwritten to the policies and procedures of Crossroads Small Business Solutions and the SBA.
• Coordinates processing of approved loans and ensuring that loans are processed according to customer needs and conforming to internal lending policies.
• Exercise discretionary and independent judgment in preparing and recommending credit approval to the Management Loan Committee.
• Coordinate with the Closing Team to efficiently process transactions.

• Minimum 3-5 years of underwriting and spreading of SBA 7(a) loans
• Professional speaking and presentation skills
• Basic understanding and knowledge of SBA eligibility and guidelines
• Ability to identify and mitigate credit risks
• Ability to analyze and interpret financial statements, business reports and legal documents
• Good judgment and problem-solving skills Proficient business writing skills

• Base Salary: $95,000-$115,000/year (based on experience, qualifications and location)
• Plus Bonus Incentive
• Full-time position

• Must be able to pass post-offer drug screening and background check

• Fantastic Culture
• 401k + match
• Health, Dental & Vision Insurance + HSA & FSA
• Employer paid Life Insurance
• Paid Vacation Days
• Sick Leave
• Company perks such as employee discounts, company events and training programs
• Excellent Training and Career Advancement Opportunities

Velocity Vehicle Group is an equal opportunity employer. Velocity Vehicle Group prohibits discrimination and harassment of any type and affords equal employment opportunities to employees and applicants without regard to race, color, religion, sex, sexual orientation, gender identity or expression, pregnancy, age, national origin, disability status, genetic information, protected veteran status, or any other characteristic protected by law.