SBA Underwriter
About The Position
This full-time, remote position provides underwriting and closing support for the Small Business Administration function. The role is responsible for making timely and efficient credit-risk decisions, reviewing required documentation, and developing and analyzing credit information for SBA loans across industries, including complex loans. The underwriter stays informed about industry trends, SBA regulations, and standard operating procedures and ensures compliance with applicable Bank and SBA requirements. The position supports the effective operation of the SBA Department and SBA Relationship Managers throughout underwriting, processing, and closing. It also coordinates SBA application documentation and correspondence, may interact directly with loan applicants, and provides exemplary service to internal and external customers. The role maintains or develops working relationships with SBA offices, attorneys, and consultants to deepen knowledge of SBA and industry issues. Other duties may be assigned by the manager, including responsibilities related to compliance policies, training, risk identification, and escalation.
Requirements
- Bachelor's degree or equivalent experience, with a specialty in accounting, business administration, or finance.
- At least 5 years of working knowledge of commercial bank products and commercial credit analysis.
- At least 5 years of working knowledge of MS Office.
- At least 5 years of experience in loan structuring with SBA loans.
- Must be authorized to work in the United States without current or future Fulton Bank work-visa sponsorship.
Responsibilities
- Determine SBA eligibility for loan requests.
- Prepare financial documentation, analyze and structure loans, assign risk ratings, and prepare approval documents for all types of SBA loans, including complex loans.
- Coordinate and prepare documentation required for SBA applications and correspondence with SBA offices; interact directly with applicants when required.
- Assist in the efficient and effective operation of the SBA Department.
- Assist SBA Relationship Managers with underwriting, processing, and closing SBA loans.
- Provide exemplary customer service to internal and external customers by meeting or exceeding service-level agreements.
- Maintain current knowledge of SBA regulations, Bank policies, and regulatory requirements.
- Maintain or build relationships with SBA offices, attorneys, and consultants to develop knowledge and understanding of SBA and industry issues.
- Read, understand, and act on applicable compliance programs, regulations, policies, and procedures; complete assigned compliance training by established due dates.
- Identify compliance risks affecting the department, ensure compliance with applicable laws and regulations, and escalate risks to the appropriate management level.
- Perform other duties as assigned by the manager.
Benefits
- Medical plans with prescription drug coverage.
- Flexible spending account or health savings account, depending on the medical plan selected.
- Dental and vision insurance.
- Life insurance.
- 401(k) program with employer match.
- Employee Stock Purchase Plan.
- Paid time off programs, including holiday pay and paid volunteer time.
- Disability insurance coverage.
- Maternity and parental leave.
- Adoption assistance.
- Educational assistance.
- Wellness program with financial incentives.
- Eligibility for a short-term incentive compensation plan, subject to individual and company performance.
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What This Job Offers
Job Type
Full-time
Career Level
Senior
