Small Business Loan Specialist

Position Purpose: This role supports the growth and development of the bank’s small business lending unit. The primary responsibility of this role is to review small business loans submitted for credit review, analyzing financial data, and ensuring appropriate documentation is received to complete loan documentation. The specialist will ensure that applicable lending policies and practices are followed while providing guidance and support to other roles within the organization.

What you’ll do:

• Perform an evaluation of small business loans submitted by Loan Officers 
• Support Loan Officers with applications received through the online application process
• Maintain an understanding of all products, pricing, and underwriting guidelines for all small business products
• Analyze financial data to include review of financial statements and personal/business tax returns
• Underwrite loan facilities up to $500,000 while balancing the customers’ needs with the Bank’s risk profile, growth and earnings goals
• Exercise discretion and judgement in loan decisions
• Communicate credit decisions with loan officers 
• Gather necessary paperwork and documentation required for small business loans
• Maintain an accurate pipeline record and update for all loans in process
• Identify and recommend products that meets the customer’s needs and the bank’s lending guidelines
• Use bank loan system to process loan requests 
• Ensure compliance with laws and regulations and adhere to lending compliance guidelines
• Coach and mentor Business Lenders and Commercial Loan Assistants; assist with training and guidance as needed. 
• All other duties, as assigned.

Where you’ll shine:

• Support Bank of Clarke’s Mission, Vision and Core Values
• Knowledge of various regulations specific to business and consumer lending 
• Proven experience as a loan processor, or similar position
• Understanding of loan underwriting and processing procedures
• Proven history of evaluating and understanding business financials to include financial statements and business/personal tax returns
• Working with loan software programs
• Outstanding verbal and written communication
• Excellent interpersonal and customer service skills
• Time-management and organization skills
• Ability to work with strict deadlines
• Ability to work in fast-paced environment
• Willingness to learn new concepts to grow and advance
• Ability/willingness to maintain a positive work environment 

Where we shine:

• Offering a full suite of benefits including medical, life, dental, and vision insurance plus generous paid time off.
• Supporting associates and their families; we embrace the importance of caring for oneself and our families.
• Surrounding ourselves with smart, driven, and diverse individuals.
• Valuing integrity, commitment regarding our daily duties, and the Bank as a whole.
• Supporting local philanthropic, cultural, and artistic initiatives and organizations that our employees’ value.
• Devoted to the communities in which we serve as we help those who form the creative backbone of our market’s future economy and business value.
• Bank of Clarke is “Great Place to Work” Certified through June 2025. 
• “Top Virginia Employer for Interns” award recipient (2023, 2024,2025) through Virginia Talent and Opportunity Partnership (V-TOP.)

Working Conditions: 

The individual will be required to be available after normal working hours. Business travel may be necessary to meet with vendors and attend training opportunities.  

To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed under the knowledge/skills section are representative of the knowledge, skill set, and/or ability required. Reasonable accommodation may be made to enable qualified individuals with disabilities to perform the essential functions

EEO M/F/V/D