SBA Credit Underwriter

Carter Bank • Greensboro, NC

3d • Onsite

About The Position

The SBA Underwriter is responsible for the analysis, structuring, and credit approval of SBA 7(a) loan requests, working closely with the Credit Administrator and front-office production team to evaluate deals efficiently and accurately.

Requirements

• Bachelor’s degree in Finance, Accounting, Business, Economics or related field or equivalent work experience
• Prior SBA 7(a) underwriting experience
• Advanced proficiency in interpreting GAAP financial statements and translating them to cash flow for credit purposes, including global cash flow and guarantor analysis
• Intermediate understanding of SBA regulations and policies
• Intermediate knowledge of SBA SOP, eligibility requirements, and collateral standards
• Intermediate analytical skills
• Intermediate customer service skills
• Intermediate business writing skills
• Intermediate verbal and written communication skills
• Intermediate interpersonal skills
• Intermediate problem-solving skills
• Intermediate organizational skills
• Intermediate proficiency with loan origination systems
• Intermediate proficiency with Microsoft Office

Responsibilities

• Underwrite SBA 7(a) loan requests including analysis of business cash flow, personal financial statements, collateral, and SBA eligibility
• Prepare written credit analyses and loan approval packages for Credit Administrator and loan committee review
• Structure loan requests to meet SBA program requirements and internal credit standards
• Identify and articulate credit risks, collateral shortfalls, and mitigating factors in a clear and thorough manner
• Work directly with Relationship Managers to gather documentation, resolve underwriting questions, and move deals efficiently through the pipeline
• Ensure all credit submissions comply with current SBA SOP guidelines and program eligibility requirements
• Maintain complete and accurate credit files throughout the loan approval and closing process
• Stay current on SBA regulatory updates and internal policy changes

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level