Description

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