Small Business Lending Underwriter

F.N.B. Corporation•Pittsburgh, PA

4d•Onsite

About The Position

This position description covers underwriting positions for Direct, Indirect or Small Business Lending. This position is primarily responsible for new loan application analysis, underwriting and declination review noting that the importance of this function impacts long term company goals and objectives. The incumbent plays a major role in the acquisition of loan assets utilizing appropriate risk management discipline.

Requirements

Four (4) years of commensurate experience or two (2) years of commensurate experience with an associate degree in lieu of the education requirement.
Excellent project management skills
Excellent communication skills, both written and verbal
Excellent organizational, analytical and interpersonal skills
Excellent customer service skills
Ability to use a personal computer and job-related software
MS Word - Basic Level
MS Excel - Intermediate Level
MS PowerPoint - Basic Level
Legally authorized to work in the U.S.

Responsibilities

Reviews loan applications from consumers and small businesses from various channels to evaluate risk and determine acceptance.
Verifies all application information for accuracy and completeness by validating loan data against provided documentation.
Pays appropriate attention to the ordering of documentation to lessen the Bank’s potential risk of loss, considering credit-related information including repayment capacity, collateral valuations, credit histories, other banking relationships, and regulatory impact in reaching final credit decisions.
Ensures compliance with the Bank’s policies and procedures for underwriting loans, including compliance with regulations regarding declinations and timely notification.
Develops partnerships with loan processors and Bank branch personnel to improve overall customer satisfaction.
Maintains customer relationships developed by loan originators, including Bank branch personnel and Business Development and Underwriter.
Performs tax return analysis to develop self-employed borrower’s income.
Obtains and compiles copies of loan applicants' credit histories, corporate financial statements, tax returns, collateral valuations, and other financial information.
Reviews appraisal reports for accuracy and completeness.
Takes responsibility for final approval of documents.
Continually educates other Bank personnel on policy, credit risk tolerance, and regulatory factors involving all relevant loan issues.
Stays abreast of new types of loans and other financial services and products to better meet customers' needs.
Approves loans up to and including a set loan authority.
Performs other related duties and projects as assigned.
Serves as a risk manager by understanding, reporting, responding to, managing, and monitoring risk encountered daily as required by F.N.B. Corporation’s risk management program.
Adheres to regulatory laws and guidelines, and company procedures.