Credit Officer, Credit Department - Remote, USA

Overview

This role supports SBA 7(a) loan transactions through underwriting, due diligence, and coordination with internal teams. Responsibilities include analyzing borrower financial information, ordering required third-party reports, preparing credit documentation, and recommending credit approval to the Management Loan Committee under supervision.

Responsibilities

• Underwrite and conduct due diligence of SBA 7(a) loan transactions under the supervision of the Credit Team Lead and/or Credit Manager
• Spread and analyze financial information of loan applicants and evaluate it according to internal Credit Policies & Procedures
• Order third-party reports (e.g., Appraisal, Environmental, or Business Valuation) with approval from the Credit Team Lead and/or Credit Manager
• Prepare Credit Memorandum and ensure underwriting aligns with the organization’s policies and procedures and SBA requirements
• Coordinate processing of approved loans and ensure loans are processed according to customer needs and conform to internal lending policies
• Exercise discretionary and independent judgment in preparing and recommending credit approval to the Management Loan Committee
• Coordinate with the Closing Team to efficiently process transactions

Requirements

• Minimum 3–5 years of underwriting and spreading of SBA 7(a) loans
• Professional speaking and presentation skills
• Basic understanding and knowledge of SBA eligibility and guidelines
• Ability to identify and mitigate credit risks
• Ability to analyze and interpret financial statements, business reports, and legal documents
• Strong judgment and problem-solving skills
• Proficient business writing skills

Compensation & Benefits

• Base salary: $95,000–$120,000/year (based on experience, qualifications, and location)
• Plus bonus incentive
• Full-time position
• 401(k) with match
• Health, dental & vision insurance + HSA & FSA
• Employer-paid life insurance
• Paid vacation days
• Sick leave
• Company perks such as employee discounts, company events, and training programs
• Excellent training and career advancement opportunities

Additional Requirements / Screening

• Must be able to pass post-offer drug screening and background check

Equal Opportunity Employment

The employer is an equal opportunity employer and prohibits discrimination and harassment of any type.