SUMMARY : The SBA Underwriter is responsible for the analysis, structuring, and credit approval of SBA 7(a) loan requests, working closely with the Credit Administrator and front-office production team to evaluate deals efficiently and accurately.
ESSENTIAL JOB FUNCTIONS : - Underwrite SBA 7(a) loan requests including analysis of business cash flow, personal financial statements, collateral, and SBA eligibility
- Prepare written credit analyses and loan approval packages for Credit Administrator and loan committee review
- Structure loan requests to meet SBA program requirements and internal credit standards
- Identify and articulate credit risks, collateral shortfalls, and mitigating factors in a clear and thorough manner
- Work directly with Relationship Managers to gather documentation, resolve underwriting questions, and move deals efficiently through the pipeline
- Ensure all credit submissions comply with current SBA SOP guidelines and program eligibility requirements
- Maintain complete and accurate credit files throughout the loan approval and closing process
- Stay current on SBA regulatory updates and internal policy changes
JOB REQUIREMENTS : - Bachelor's degree in Finance, Accounting, Business, Economics or related field or equivalent work experience
- Prior SBA 7(a) underwriting experience
KNOWLEDGE/SKILLS REQUIRED : - Advanced proficiency in interpreting GAAP financial statements and translating them to cash flow for credit purposes, including global cash flow and guarantor analysis
- Intermediate understanding of SBA regulations and policies
- Intermediate knowledge of SBA SOP, eligibility requirements, and collateral standards
- Intermediate analytical skills
- Intermediate customer service skills
- Intermediate business writing skills
- Intermediate verbal and written communication skills
- Intermediate interpersonal skills
- Intermediate problem-solving skills
- Intermediate organizational skills
- Intermediate proficiency with loan origination systems
- Intermediate proficiency with Microsoft Office
PHYSICAL AND MENTAL QUALIFICATIONS : - Standing, walking, bending and stooping required
- Must be able to sit at a desk for long periods of time and use a computer
- Must be able to occasionally move or lift up to 10 pounds
- May be asked to work supplemental hours periodically
- Limited travel required occasionally during and after business hours