Credit Underwriter

United Bank Alabama and Florida•Foley, AL

About The Position

The Credit Underwriter analyzes and underwrites consumer and small business loan requests to support sound credit decisions and ensure compliance with United Bank’s lending policies and regulatory requirements. The role supports the bank’s consumer and small business lending strategy by assessing creditworthiness, mitigating risk, maintaining portfolio quality, and providing accurate and timely service to the internal consumer lending team. The position also provides underwriting expertise as needed as backup for the Director, Consumer Credit, 1-4 Family In-House loan underwriting, and SBA Underwriting.

Requirements

At least 5 years of experience in consumer and small business lending, consumer and small business loan underwriting, credit analysis, or a similar financial-industry role.
Strong analytical skills and attention to detail.
Ability to analyze consumer and small business financial statements, tax returns, cash flow, debt service coverage, and credit reports.
Strong knowledge of current consumer and small business loan underwriting regulations, credit and lending policies, and industry standards.
Ability to make sound decisions based on thorough financial analysis, with a record of low credit delinquencies and risk mitigation.
Ability to meet deadlines and manage multiple files simultaneously.
Proficiency in Microsoft Office Suite, particularly Excel.
Strong operational use of financial software and loan origination and underwriting systems.
Ability to work independently and as part of a team.
NMLS registration.
High school diploma or equivalent.
Excellent communication and interpersonal skills, including the ability to interact with all levels of an organization.
Ability to manage time and competing priorities in a fast-paced environment.
Collaborative professional approach to meeting objectives.
High motivation and ability to meet individual and team goals while sustaining individual performance over the long term.
Adaptability and flexibility.

Nice To Haves

Bachelor’s degree in finance, accounting, business, or a related field.
At least 7 years of progressive experience in consumer and small business lending, loan underwriting, or a similar financial-industry role.
Advanced abilities in financial and credit analysis, global debt service coverage, loan structure, and risk ratings.
Professional certification in consumer lending, credit analysis, credit underwriting, credit risk management, or a similar area.

Responsibilities

Evaluate consumer loan applications to determine creditworthiness.
Analyze applicants’ financial information, including personal financial statements, tax returns, credit reports, income statements, employment records, and other financial data.
Evaluate small business loan requests to determine creditworthiness.
Provide approval and guidance to the retail network by structuring, underwriting, and decisioning small business loan requests.
Analyze business and guarantor financial information, including tax returns, financial statements, and credit reports.
Review and verify the accuracy of loan documentation.
Assess credit risk factors, identify strengths, weaknesses, and risks, and render a decision.
Ensure loan approvals and adverse actions comply with regulatory standards and internal policies.
Collaborate with loan officers to gather necessary documentation and clarify uncertainties.
Maintain detailed records of loan applications and underwriting decisions.
Stay updated on industry trends and changes in loan underwriting regulations.
Recommend improvements to loan approval processes and risk management.
Communicate underwriting decisions clearly, professionally, and promptly to loan officers and other stakeholders.
Perform other duties as assigned by Management.