SBA Underwriter
About The Position
The SBA Underwriter provides credit analysis for all Government Guaranteed Loans. Underwrite loan to SBA credit policy Prepare detailed spreads on businesses Prepare detailed cash flow analysis of business applying for loan Perform research activities including gathering information on actual and prospective borrowers through inquiries and investigations and in-house information on borrowers relative to loan activity, credit worthiness, profitability and affiliate relationships Prepare global cash flow analysis to include personal and affiliate businesses Make sure loan complies with SBA Standard Operating Procedures Review tax transcripts Prepare credit approval memorandum Interview borrower(s) in regard to loan request Recommend approval or declination of credit to proper signing authority Prepare commitment letters
Requirements
- Bachelor’s degree in business, finance, or equivalent experience.
- A minimum of 5+ years’ banking experience in Guaranteed Government lending.
- Previous business development experience is essential. experience.
- Deep knowledge of the SBA’s SOP, and related regulations.
- Network of people and resources within the SBA and related organizations.
- Knowledge and ability to use SBA systems are necessary to perform under the bank’s PLP SBA status.
- Ability to coach and develop staff.
- Ability to think strategically about staff, competitive position relative to a market, and plan actions accordingly.
- Knowledge of business development planning and management at an office level.
- Skilled in managing the risk management controls and activities of a lending office.
- Thorough knowledge of lending policies and procedures.
- Extensive knowledge of commercial banking services.
- Excellent managerial, communication, and sales skills.
- Proficient in computer software, fulfilling the principal responsibilities of the job.
- Familiarity with online computer systems.
- Proficient with statement spreading programs.
- Above average courtesy and tact in dealing with community and peers.
- Strong professional, appearance, dress, attitude, interpersonal and communications skills.
- Ability to perform independently and with minimal supervision.
- Express or exchange ideas by means of the spoken word via email and verbally.
- Exert up to 10 pounds of force occasionally, use your arms and legs, and sit most of the time.
- Have close visual acuity to perform activities such as analyzing data, viewing a computer terminal, reading, and preparing documentation.
- Not substantially exposed to adverse environmental conditions.
Responsibilities
- Provide credit analysis for all Government Guaranteed Loans.
- Underwrite loan to SBA credit policy
- Prepare detailed spreads on businesses
- Prepare detailed cash flow analysis of business applying for loan
- Perform research activities including gathering information on actual and prospective borrowers through inquiries and investigations and in-house information on borrowers relative to loan activity, credit worthiness, profitability and affiliate relationships
- Prepare global cash flow analysis to include personal and affiliate businesses
- Make sure loan complies with SBA Standard Operating Procedures
- Review tax transcripts
- Prepare credit approval memorandum
- Interview borrower(s) in regard to loan request
- Recommend approval or declination of credit to proper signing authority
- Prepare commitment letters
- Other duties as assigned
- Obeys all applicable federal laws, rules, and regulations relating to Anti-Money Laundering (AML) including the Bank Secrecy Act (BSA)
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What This Job Offers
Job Type
Full-time
Career Level
Mid Level
