SBA Undewriter

Merchants & Marine Bank•Baton Rouge, LA

39d•Remote

About The Position

Voyager Lending, a division of Merchants & Marine Bank, partners with small businesses by offering government-guaranteed lending solutions. Deeply committed to helping communities sustain and grow, we deliver knowledgeable and personalized service for a seamless experience. Job Purpose Responsible for providing accurate credit analysis and risk assessment of SBA & USDA loans to determine their creditworthiness.

Requirements

Bachelor's degree
Thorough knowledge of SBA lending rules, regulations and practices
3 years of SBA 7a loan underwriting experience
Word and Excel proficiency
Excellent interpersonal and written skills
Verbal and written communication and presentation skills
Participate and complete all required compliance training, including Bank Secrecy Act/anti-money laundering training, as well as internal and external training programs, online training, meetings, and seminars/conferences, etc.

Nice To Haves

Experience with Moody's
USDA B&I loan underwriting experience
5+ years of SBA 7a loan underwriting experience
Formal credit training
Ability to underwrite and handle a large volume of loans

Responsibilities

Knowledge of SBA SOP.
Underwriting SBA Loans in accordance with the Bank's policies and procedures.
Attend and participate in vetting and credit approval discussions.
Work with BDO's and Management to perform and document the Bank's formal credit analysis for new loan requests - credit memo creation, financial spreads, cash flow statements, collateral analysis, global cash flow analysis, support of strengths, mitigation of weaknesses, and eligibility of new and existing credit facilities.
Be capable of maintaining a mixed portfolio of underwriting new loans and modification requests.
Review and approve all underwriting conditions in a timely manner.
Request required documentation, financials, etc. from the borrower and guarantors as needed.
Providing frequent communication to all parties involved in transactions in a positive and constructive manner.
Delivering excellent service to customers both inside and outside the Bank.
Attend appropriate training and conferences in order to build and maintain expert credit and SBA specific knowledge.
Manage Underwriting deal flow between the bank and Lender Service Provider as needed.
Other duties as assigned.