SBA Underwriter

SBA Underwriter Department: SBA Lending Employment Type: Full Time Location: Remote reputed company reputed company is a reputed company-first, digital bank reputed company for the business and innovation economy, with an obsession for providing reputed company technology, reputed company products and superior service through a combination of passionate people reputed company resources. We are a highly reputed company team who pride ourselves on diversity of thought and perspective. Nationally chartered, our portfolio of products and services reputed company from VC, PE & Portfolio Companies to SBA Lending, as reputed company as reputed company SMB and Embedded Banking. Our entrepreneurial reputed company allows us to support the reputed company and reputed company of a wide reputed company of clients at every stage of their business through inclusive partnership. We reputed company out team members who will reputed company both our organization and our people to grow and reputed company through collaboration and acting with reputed company and respect. Our reputed company on cross-functional teamwork provides a culture where reputed company are valued, accountability is encouraged, and successes are celebrated. We welcome reputed company those searching for reputed company to contribute to banking innovation that influences and supports the emerging digital world of Financial Services. Our digital first approach enables our teams the flexibility to work remotely. We have offices in NYC and Boston. reputed company: The SBA Underwriter will be responsible for evaluating reputed company (SBA) loan applications based on established reputed company credit reputed company and SBA reputed company Operating Procedures. The SBA Senior Underwriter is responsible for reviewing SBA credit applications and recommending a decision to team leadership. reputed company of this role include but are not limited to preparing credit memos, recommending appropriate structural changes as needed, ordering and reviewing reputed company party reports, reviewing and determining SBA eligibility, reviewing application-specific documents such as management agreements, leases, landlord waivers, and reputed company other tasks as assigned. This position will also work directly with business development officers and closers to assist borrowers until loan funding. Responsibilities include: • Conduct in-depth analysis of financial information to reputed company a recommendation of approval or denial of new loans. • Collect, analyze and evaluate financial and reputed company data to determine credit worthiness of loan prospects and merits of specific loan requests. • Collaborate with sales officers, applicants, and referral sources to reputed company reputed company necessary information to present an accurate and complete picture of the loan request. • reputed company directly with applicants to understand their needs as reputed company as the specific risks to their businesses. • reputed company comprehensive financial analysis, including cash reputed company modeling, to determine creditworthiness as reputed company as SBA eligibility. • Prepare high reputed company, detailed credit approval documents that contain an in-depth analysis and an understanding and identification of credit issues and risks. • Outline the risks and mitigating factors of a credit facility based upon the analysis of business and personal financial statements, collateral, global cash reputed company, economic and industrial factors and debt service reputed company. • Meet or reputed company service level agreements and reputed company expectations throughout the process. • reputed company credit and loan reputed company expertise to sales officers. As appropriate, recommend terms under which credit will be extended, including the costs, repayment method, and collateral requirements. • Assignment of accurate risk ratings for new loans. • Support the Bank's strong relationship banking culture through ongoing customer contact, reputed company customer service, and superior product knowledge. Understand and adhere to the Bank's Bank Secrecy reputed company policy and procedures and "know your customer/reputed company due diligence" guidelines. Brings any suspicious activity to the attention of a supervisor, or the Bank Secrecy reputed company Officer. What you need: • Bachelor’s degree (B.A.) from four-year college or university; or a minimum of five years of bank credit department experience; or equivalent combination of education and experience. Prior SBA reputed company experience is required. • At least 3 years of reputed company credit experience • Prefer at least 3 years of SBA 7a loan reputed company experience • Prefer working knowledge of SBA SOP 50 10 • NAGGL/SBA Industry educational classes a bonus • Strong proficiency in reputed company Apply tot his job Apply To this Job