Vice President, SBA Business Banking

Western Alliance Bank; Costa Mesa (CA); On-site; USD 130,000 - 172,000; Full time

Benefits offered by this job

Competitive salaries

Ownership stake in the company

Medical and dental insurance

Generous time off

401k matching

Tuition assistance

Employee volunteer program

Wellness program

Job summary

Western Alliance Bank is seeking a Vice President, SBA Business Banking in San Jose. The role requires deep SBA program knowledge, credit structuring, and cross-functional collaboration with Credit Administrators, Loan Operations, and relationship managers to process SBA loans efficiently.

The position emphasizes reviewing loan requests, ensuring proper authorities, and maintaining SLA compliance while driving opportunities for 7(a) and 504 financing.

Qualifications

• 7+ years of SBA lending or related experience; commercial lending a plus
• Bachelor's Degree from a 4-year college or university (Finance or Accounting preferred)
• Strong knowledge of 7(a) and 504 lending programs, processes, and eligibility, including SBA Express
• Commercial credit analysis skills with loan structuring for diverse business needs
• Strong SBA eligibility and processing knowledge supporting 7(a) and 504 controls from origination to closing

Responsibilities

• Draft Opportunity Memos for SBA loans using information from relationship managers and lenders
• Evaluate SBA Eligibility initially and before loan approvals
• Review Credit Quality & SBA structure including loan costs
• Request missing OM information and coordinate with lenders for credit submissions
• Track SBA CAO decisions, update OM, and issue Term Sheets
• Deliver SBA team package to lenders with Term Sheets for complete applicant packages
• Participate in training with Sales Team to generate new 7(a) and 504 loans

Skills

SBA Lending

Credit Analysis

Loan Structuring

SBA Eligibility

Relationship Management

Regulatory Compliance

Communication Skills

Travel

Education

Bachelor's Degree in Finance or Accounting

Job description

Job Title:

Vice President, SBA Business Banking

Location:

San Jose

What you'll do:

The position will be challenging and require strong organizational skills, good communication both written and verbal and detailed knowledge of the SBA 7(a), SBA 504, SBA MARC, SBA International Trade Loan and SBA Express program. The regular duties will be to work collaboratively across the SBA division team, the dedicated Credit Administrators, and the processing and closing team within our Loan Operations and our bank’s relationship managers and lending units. In this position you will use your commercial credit, loan structuring, SBA Eligibility requirements, and work within controlled checkpoints to review new loan requests, proper authorities for approval and sign off have been obtained, loans are being handled timely within Service Level Agreement for compliance within both the SBA program and the bank’s audit and procedures guidelines.

• Work with the Credit Opportunity Memos and information presented by relationship managers, lenders and other referring sources across the bank enterprise, to draft Opportunity Memos for SBA loans.


• Evaluate for SBA Eligibility both initially and prior to SBA loan approvals.


• Review for Credit Quality & SBA structure including specific loan costs.


• Evaluate and request missing information for OM process, AAR communicate with Lenders on details needed for the credit submission,


• Track and monitor decisions from SBA CAO, update OM, and issue Term Sheets


• Deliver the SBA team package to lenders with Term Sheets, to ensure smooth handoff for their complete packages from applicants, through SBA Underwriter.


• Participate in training opportunities with Sales Team within the Bank to develop better knowledge and support and assist in the generation of new loans for 7(a) and 504 loans. This may include attending sales team calls, sharing marketing ideas they can use to generate opportunities.


• Provide Audit and Control points with Internal SBA Team to ensure compliance and quality of the internal process through Loan Operations SBA Processing team is meeting SLA's and meeting specific SBA controls for all quality standards.


• This role will work closely with internal partners to properly assess opportunities and execute cross selling of other applicable services.

What you'll need:

• 7+ years of SBA lending or related experience, commercial lending a plus, SBA market awareness, and competitive environment.


• Bachelor's Degree from a 4-year college or university degree, preferably in Finance or Accounting, or an equivalent combination of education and experience.


• Strong knowledge of all the 7(a) and 504 lending programs, processes, eligibility including SBA Express product.


• Commercial Credit analysis skills together with loan structuring for all types of business and loan requirements.


• Strong SBA eligibility and processing knowledge to support 7(a) and 504 controls and ensure loans from origination through closing meet SBA requirements for guaranty.


• Minimum five (5) years working with Sales direct or indirect as SBA SME, or processing with Sales teams.


• Ability to provide proper communication with Bankers and Customers, present loan structures, provide guidance, solutions, and details for loan opportunities.


• Assist Bank lenders with clear information to allow them to make loans in the 7(a) and 504 products without being an expert.


• Intermediate to advanced knowledge of SBA SOPs.


• Intermediate to advanced knowledge of general banking operations, including deposit operations, loan administration, treasury management and/or other commercial banking products and services.


• Intermediate to advanced knowledge of applicable regulatory and legal compliance obligations, rules and regulations, industry standards and practices.


• Strong knowledge of SBA commercial and real estate lending documentation, credit policy, and regulatory requirements


• Advanced knowledge in all facets of relationship management.


• Advanced organizational and time management skills.


• Advanced speaking and writing communication skills


• May require up to 50% travel

Compensation: Salary range for new hires is generally $139,095.00 - $171,821.00 for San Jose, CA. Salary range for new hires is generally $130,400.00 - $161,083.00 for Costa Mesa, CA. Salary range for new hires is generally $130,400.00 - $161,083.00 for Los Angeles, CA. Salary range for new hires is generally $130,400.00 - $161,083.00 for San Diego, CA. Salary amount is determined by specific job location. In addition, the role may be eligible for annual bonus/incentives earned and restricted stock.

Benefits you'll love:

We offer all the important things you'll want - like competitive salaries, an ownership stake in the company, medical and dental insurance, time off, a great 401k matching program, tuition assistance program, an employee volunteer program, and a wellness program. In addition, you'll have the opportunity to bolster your business knowledge, learning the ins and outs of how successful companies operate and manage their finances, giving you invaluable hands-on experience to help grow your career!

About the company:

Western Alliance Bank, Member FDIC, is a wholly owned subsidiary of Western Alliance Bancorporation. Serving clients nationwide, Western Alliance Bank includes six legacy bank brands - Alliance Association Bank, Alliance Bank of Arizona, Bank of Nevada, Bridge Bank, First Independent Bank and Torrey Pines Bank - that remain part of the company’s heritage, as well as AmeriHome Mortgage, a Western Alliance Bank Company.

Western Alliance Bancorporation is committed to equal employment and will consider all qualified applicants without regard to race, sex, color, religion, age, nation origin, marital status, disability, protected veteran status, sexual orientation, gender identity or genetic information. Western Alliance Bancorporation is committed to working with and providing reasonable accommodations for individuals with disabilities. If you are an individual with a disability and require a reasonable accommodation to complete any part of the application process and/or need an alternative method of applying, please email [e-mail] or call 602-386-2488. When contacting us, please provide your contact information and state the nature of your accessibility issue. We will only respond to inquiries concerning requests that involve a reasonable accommodation in the application process.