SBA Lead Underwriter

Fifth Third Bank

1d•Remote

About The Position

Make banking a Fifth Third better® We connect great people to great opportunities. Are you ready to take the next step? Discover a career in banking at Fifth Third Bank. GENERAL FUNCTION Review and decision small business loan requests within approved loan authority. Assist junior loan underwriters through the loan decision process, offering expertise on financial analysis and loan structuring. Responsible and accountable for risk by openly exchanging ideas and opinions, elevating concerns, and personally following policies and procedures as defined. Accountable for always doing the right thing for customers and colleagues and ensures that actions and behaviors drive a positive customer experience. While operating within the Bank's risk appetite, achieves results by consistently identifying, assessing, managing, monitoring, and reporting risks of all types.

Requirements

College degree in accounting, finance, or economics or equivalent industry experience required.
Total work experience of 5 years including 2 to 4 years of underwriting, credit, or originations experience preferable in the banking or investment banking industry.
Thorough working knowledge of SBA SOP 50-10-6 and other SOP program guides.
Excellent knowledge of B2B, CCAS, nCino, AFS, Appraisal systems, CLAS/LaserPro Loan Doc Prep Systems (or equivalent vendor systems), and other banking systems preferred.
Must be proficient in basic software applications such as Microsoft Word, Excel, Outlook, and Internet Explorer.
Advanced skills in Microsoft Excel a plus.
Must be attentive to detail and possess excellent verbal and written communication skills.
Must be highly organized and able to manage several detailed tasks and processes concurrently.

Responsibilities

Underwriting focus on new money to new borrowers to the bank.
Work in cooperation with relationship managers with initial deal review, modeling, and structuring.
Work in cooperation with RM's with deal pre-clearance within the Structured Finance Group, Credit, Capital Markets/Syndications, and other constituents.
Work in cooperation with RM's, customers/prospects, and third-party providers to order, obtain and ascertain due diligence information as required.
Utilize and analyze all available resources to prepare the credit approval document, Change in terms.
Coordinate with the RM and Credit to obtain the proper credit approval.
Develop training and education guidelines for SBA lending.
Oversee adherence to SBA credit and eligibility policies, ensuring compliance with government regulations and the SBA guaranty.
Maintain an in-depth working knowledge of all SBA products and services and ensure that the Business Banking leadership team and market leaders are alert to new developments or modifications of the SBA program as published by the SBA Center Office in Washington, DC.
Engage and manage legal counsel and negotiate legal documentation in conjunction with RM.
Complete and manage the closing, funding, and booking process in cooperation with the Funding Desk and Credit Collateral Operations.
Complete internal and external post-closing items.
Complete the underwriting process for deal amendments and restructurings.
Complete special projects and assignments as requested.