SBA Underwriter

Accordia Bank•Pleasant Grove, UT

2d•Onsite

About The Position

The SBA Underwriter analyzes, structures, and underwrites SBA loan requests while ensuring credit quality, consistency, compliance, and sound risk management. The role serves as a subject matter expert in SBA eligibility, credit analysis, risk assessment, and loan structuring, and develops well-supported credit recommendations for designated credit approvers and loan committees. The underwriter works closely with Business Development Officers, Credit Administration, Closing, Servicing, and other internal stakeholders to support profitable portfolio growth while maintaining exceptional credit quality, regulatory compliance, and SBA guaranty integrity. The position independently underwrites and manages a pipeline of SBA loan opportunities, analyzes borrower and guarantor information, and prepares comprehensive credit memorandums and approval recommendations. It evaluates SBA eligibility, repayment capacity, collateral, management, industry conditions, ownership structures, affiliate relationships, and risks. The underwriter also supports efficient loan processing, consistent documentation, and improvements to underwriting practices and systems.

Requirements

At least 3 years of SBA underwriting and commercial credit experience.
Strong knowledge of SBA SOP, SBA lending programs, and eligibility requirements.
Demonstrated experience preparing and presenting SBA credit recommendations to designated credit approvers and loan committees.
Advanced experience analyzing business financial statements, tax returns, global cash flow, and complex credit structures.
Experience underwriting SBA 7(a), Express, 504, and USDA-related transactions.
Advanced SBA credit and underwriting expertise.
Strong credit analysis, recommendation, judgment, and risk assessment capabilities.
Strong analytical and problem-solving skills.
Excellent written credit presentation skills.
Effective communication and collaboration skills.
Strong organizational and time-management abilities.
Ability to manage multiple priorities in a deadline-driven environment.
Strong attention to detail and commitment to credit quality.
Proficiency in financial analysis, loan structuring, and risk assessment.

Nice To Haves

Experience presenting and defending credit recommendations to loan committees and senior credit officers.

Responsibilities

Independently underwrite and manage a pipeline of SBA loan opportunities.
Structure transactions in accordance with SBA SOP, bank policy, and sound credit principles.
Prepare thorough credit memorandums and approval recommendations that identify strengths, weaknesses, risks, mitigating factors, and recommended loan structure.
Analyze borrower financial statements, tax returns, cash flow, collateral, management experience, industry conditions, and repayment capacity.
Maintain established underwriting quality, accuracy, and turnaround expectations.
Partner with lending teams to structure transactions and identify customer-focused credit solutions that maintain appropriate risk standards.
Present recommendations for approval, decline, or alternative structure to designated credit approvers and loan committees.
Evaluate policy exceptions and recommend mitigants, conditions, or alternatives.
Underwrite transactions across SBA lending programs and perform detailed analysis of repayment ability, collateral support, management strength, industry risk, and borrower creditworthiness.
Ensure adherence to SBA SOP, internal credit policy, regulatory requirements, and SBA eligibility and compliance requirements.
Identify credit weaknesses and develop appropriate risk mitigation strategies.
Review complex ownership structures, affiliate relationships, and guarantor support requirements.
Partner with Business Development Officers, Closing, Servicing, and Credit Administration to facilitate efficient loan processing and approval.
Provide guidance on loan structure, SBA requirements, and credit considerations.
Support underwriting best practices, process improvements, documentation quality, consistency, and operational efficiency.
Contribute to the effective use and optimization of underwriting systems and workflow tools.