Vice President, Credit Manager

Newtek One•,

10d•$140 - $175

About The Position

Small Business Lending, LLC, a NewtekOne subsidiary, is seeking a Vice President, Credit Manager to lead and manage a team of underwriting professionals. The role is responsible for achieving loan production, portfolio quality, and risk-mitigation performance metrics while ensuring compliance with U.S. Small Business Administration (SBA) procedures, including the 7A and 504 programs, internal credit policies, and regulatory guidelines. The VP, Credit Manager performs detailed underwriting and risk analysis of complex transactions and works with executive management to meet loan credit commitments while maintaining sound underwriting standards. The position regularly interfaces with the Credit Committee and Director of Credit Underwriting regarding client requests and approvals, and uses in-house software, technology platforms, and reporting tools to support credit and risk management decisions.

Requirements

At least 5–7 years of managerial credit underwriting experience.
Experience with C&I, CRE, and other bank lending products.
Bachelor's degree in Finance, Accounting, Business Administration, or a related field.
Advanced financial statement analysis and credit underwriting expertise.
Demonstrated leadership experience managing and developing underwriting teams.
Strong analytical, organizational, and decision-making skills.
Excellent verbal and written communication skills, including experience presenting to executive leadership and credit committees.
Advanced proficiency in Microsoft Excel and other Microsoft Office applications.
Ability to balance production objectives with prudent risk management and regulatory compliance.

Nice To Haves

Formal bank credit training is strongly preferred.
Strong knowledge of SBA lending guidelines, credit structuring, and risk management practices is highly desirable.

Responsibilities

Manage and supervise an SBA and/or conventional underwriting team in conducting credit reviews, financial analyses, and recommendations to the Credit Committee.
Lead underwriting activities for SBA 7A and 504 loans, ensuring adherence to SBA guidelines and internal credit policies.
Hire, train, coach, mentor, and evaluate underwriters to strengthen credit analysis capabilities, industry expertise, and product knowledge.
Conduct comprehensive financial analysis of prospective and existing borrowers, including cash flow analysis, collateral evaluation, and risk assessment.
Assist underwriters in preparing and presenting transactions to the Credit Committee during the review process.
Present credit findings and recommendations to the Credit Committee and executive leadership.
Prepare and submit detailed credit write-ups and risk assessments for Credit Committee approval.
Ensure loans are structured and funded in compliance with approved credit policies and regulatory requirements.
Collaborate with executive management to meet production goals while maintaining portfolio quality standards.
Improve, define, and implement credit and underwriting policies and procedures to enhance risk controls and operational efficiency.
Participate in internal and external audits related to credit and collections policies and ensure timely remediation of findings.
Use internal systems, reporting tools, and technology platforms to monitor performance metrics, risk trends, and compliance adherence.
Ensure compliance with applicable external regulations and internal controls.
Participate in mandatory Community Reinvestment Act (CRA) activities and initiatives, including community outreach, volunteer events, and financial education programs.