SBA Underwriter, Sr
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About The Position
Analyzes and spreads financial data related to new and renewal loan requests, including lines of credit, commercial real estate, working capital, equipment financing, loans for business start-ups, and business acquisitions, which typically would require a government guarantee. Presents facts and offers opinions/recommendations to Business Development Officers (BDOs) concerning applicant's credit worthiness. Prepares summary and/or credit approval report documenting credit analyses and recommendation for credit decision to approving authority. Assists BDOs in gathering details for new loan requests and in processing servicing actions for existing relationships, maintaining contact with clients and resolving issues. Reviews annual financials on existing loans and analyzes the risk associated with the borrower's financial condition, recommending risk-rating changes when appropriate. Reviews and monitors commercial and/or real estate loan documents for accuracy, completeness and adherence to approval conditions. Follows up with customers to obtain all necessary information and clarification on financial analysis materials and resources. May work with attorneys, the SBA, USDA, and financial or other legal resources to obtain correct and accurate documents to fully protect the financial institution's interests in the credit relationship. May participate in customer and prospect calls with the BDO. Demonstrates compliance with all bank regulations for assigned job function and applies to designated job responsibilities - knowledge may be gained through coursework and on-the-job training. Keeps up to date on regulation changes. Follows all Bank policies and procedures, compliance regulations, and completes all required annual or job-specific training. Maintain a working knowledge of Bank's written policies and procedures regarding Bank Secrecy Act, Regulation CC, Regulation E, Bank Security and other regulations as applicable to this job description. May be asked to coach, mentor, or train others and teach coursework as subject matter expert. Actively learns, demonstrates, and fosters the Umpqua corporate culture in all actions and words. Takes personal initiative and is a positive example for others to emulate. Embraces our vision to become 'Business Bank of Choice'. May perform other duties as assigned.
