Assistant Vice President, Commercial Underwriting - SBA
About The Position
As a SBA Commercial Underwriter II - Business Banking you'll be responsible for underwriting difficult loan requests and renewals for working capital lines of credit, commercial real estate loans, term loans, formula based lines of credit, traditional asset based lines of credit and other Bank lending products. You'll build internal relationships by working with lending officers on credit matters and loans involving unusual situations or requiring close scrutiny. One of your key responsibilities is to review for SBA eligibility, the loan structure, financial spreads, entity structures, collateral, market data and reports to understand inherent risks and prepare a recommendation to Credit Administration in the form of opportunity memos, loan presentations, administrative action memos, and annual reviews. May mentor junior analysts in financial analysis, loan structure, appropriate covenant conditions and identifying risks and tangible mitigating factors to credit risk.
Requirements
- 4+ years of related SBA experience.
- Bachelor's degree or equivalent experience required.
- 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.
Responsibilities
- Perform SBA eligibility review
- Perform special financial statement analyses, typically involving complex and interlocking relationships.
- Provide credit information and references for customers, loan officers, or other agencies as requested.
- Perform pre-qualification assessment and analysis of financial condition and risk of financing requests within framework of Bank credit culture and current economic and industry trends.
- Gather and analyze all information necessary to present a financing request to senior management or Loan Committee for approval; may meet with existing or potential customers; visiting sites of loans; negotiate loan terms and conditions; refer and recommend acceptance to Credit Administration.
Benefits
- 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
- a wellness program
- opportunity to bolster business knowledge
- learning the ins and outs of how successful companies operate and manage their finances
- invaluable hands-on experience to help grow your career
Stand Out From the Crowd
Upload your resume and get instant feedback on how well it matches this job.
What This Job Offers
Job Type
Full-time
Career Level
Mid Level
