SBA Business Development Associate

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About Us:

Umpqua Bank is a publicly traded financial holdings company, headquartered in the Pacific Northwest with 6,000+ employees, which offers banking services to customers throughout the nation. It's an especially exciting time to join our team as, following the recent merger with Columbia Bank, we have grown to become a leading western-based regional bank with more than $50B in assets under management and an unwavering commitment to our associates, our customers, and our communities.

We create a great place to work by offering a special brand of relationship banking and by providing a culture where associates thrive. Associates who embody our core values fit in well here and we are eager to meet candidates who demonstrate behaviors that align with Trust, Ownership, Growth, Empathy, Teamwork, Heart, Enjoyment, and Relationships.

About the Role:

Supports increased loan production by the BDO staff by facilitating timely review and processing of new potential loan applications to ascertain credit worthiness. Communicate with BDO and/or applicant to ensure all items needed to submit the application are obtained. Organize the file and ensure the application package is complete and accurate. Order and review credit reports and other required reports. Communicate with credit, closing and BDO during the entire process to coordinate receipt of information required at various stages.

• Analyze financial statements, tax returns and relevant data provided by a potential applicant and makes recommendations as to file status.

• Develop a list of items needed to complete an assessment of the credit worthiness and SBA eligibility of the loan request.

• Coordinate communication among multiple parties to follow through for needed information at various stages throughout the loan process, including obtaining credit and other required reports and ordering appraisals and environmental reports.

• Prepare submission Checklist, Workbook and Credit Memo summarizing the business and the request for credit.

• Responsible for addressing all obvious credit issues in the write up and ensuring the Credit Memo accurately represents the business and the requested loan.

• Responsible for submitting a complete and accurate loan application package to the credit center.

• Facilitate transfer of information (written and verbal) between multiple groups and keeping track of items received and those still needed.

• Oversee multiple transactions concurrently to ensure all active loan applications are moving forward and status is reported on the Pipeline Report.

• Demonstrate compliance with all bank regulations that apply to your position and keep up to date on regulation changes.

• Maintain working knowledge of our policies and procedures regarding the Bank Secrecy Act, Regulation CC, Regulation E, Bank Security, and other regulations that apply to your position.

• May be asked to coach, mentor, or train others and teach coursework as subject matter expert.

About You:

• Bachelor's degree in Business, Finance, related field, and/or equivalent experience.

• 4-7 years of relevant credit analysis or underwriting experience required for higher levels. Required

• Ability to work effectively with individuals and groups across the company to manage internal and external customer expectations.

• Proficient with personal computers and related software packages such as Word and Excel.

• Strong credit and credit quality skills including accounting, financial statement spreading, and cash flow analysis experience.

• Intermediate knowledge of SBA Policy and Procedures.

• Possess excellent organization skills.

• Demonstrate written and verbal communication skills.

Our Benefits:

We offer a competitive total rewards package including base wages and comprehensive benefits. The pay range for this role is $38,750.00-$80,173.00 and the pay rate for the selected candidate is dependent upon a variety of non-discriminatory factors including, but not limited to, job-related knowledge, skills, and experience, education, and geographic location. The role may be eligible for performance-based incentive compensation and those details will be provided during the recruitment process.

We offer eligible associates comprehensive healthcare coverage (medical, dental, and vision plans), a 401(k)-retirement savings plan with employer match for qualifying associate contributions, an employee assistance program, life insurance, disability insurance, tuition assistance, mental health resources, identity theft protection, legal support, auto and home insurance, pet insurance, access to an online discount marketplace, and paid vacation, sick days, volunteer days, and holidays. Benefit eligibility begins the first day of the month following the date of hire for associates who are regularly scheduled to work at least thirty hours weekly.

Our Commitment to Diversity:

Umpqua Bank is an equal opportunity and affirmative action employer committed to employing, engaging, and developing a diverse workforce. All qualified applicants will receive consideration for employment without regard to race, color, national origin, religion, sex, age, sexual orientation, gender identity, gender expression, protected veteran status, disability, or any other applicable protected status or characteristics. If you require an accommodation to complete the application or interview(s), please let us know by email: View email address on us.fitly.work

To Staffing and Recruiting Agencies:

Our posted job opportunities are only intended for individuals seeking employment at Umpqua Bank. Umpqua Bank does not accept unsolicited resumes or applications from agencies and Umpqua Bank will not be responsible for any fees related to unsolicited resume submissions. Staffing and recruiting agencies are not authorized to submit profiles, applications, or resumes to this site or to any Umpqua Bank employee and any such submissions will be considered unsolicited unless requested directly by a member of the Talent Acquisition team.