SBA Underwriter

Overview

• Full-time, remote career opportunity.
• Responsible for underwriting and closing support for the Small Business Administration (SBA) function, including efficient and timely credit-risk decisioning and review of all required SBA documents.
• Develops and analyzes credit information for SBA loans across all industries.
• Maintains competency through staying current on industry trends, SBA regulations, and standard operating procedures.
• Ensures compliance with all bank and SBA regulations and standard operating procedures.

Responsibilities

• Determine SBA eligibility on SBA loan requests.
• Prepare all financial documentation, analyze and structure loans, assign risk ratings, and prepare approval documents for all types of SBA loans, including more complex credits.
• Coordinate and prepare all documentation required for the SBA application and correspondence with the SBA office; may require direct interaction with loan applicants.
• Assist in the efficient and effective operation of the SBA Department.
• Support SBA Relationship Managers in underwriting, processing, and closing of SBA loans.
• Provide exemplary customer service to internal and external customers by meeting and exceeding service level agreements.
• Maintain current knowledge of SBA regulations, bank policies, and regulatory requirements.
• Maintain or build relationships with SBA offices, attorneys, and consultants to support ongoing learning and understanding of SBA and industry-related issues.

Requirements

Education

• Bachelor’s Degree or the equivalent experience.
• Specialty: Accounting, business administration, or finance. (Required)

Experience

• 5 or more years of working knowledge of commercial bank products and commercial credit analysis. (Required)
• 5 or more years of working knowledge of MS Office. (Required)
• 5 or more years of loan structuring experience with SBA loans. (Required)

Additional Duties / Compliance

• May perform other job duties as assigned by the manager.
• Accountable for reading, understanding, and acting on organization-assigned and job-related Compliance Programs, regulations, and policies and procedures.
• Ensure all compliance training assignments are completed by established due dates.
• Understand and identify compliance risks impacting department(s), ensure compliance with applicable laws or regulations, and escalate compliance risks to the appropriate level of management.

Compensation & Benefits

Pay Transparency

• Salary range: $81,200.00 - $135,300.00 annually.
• Specific compensation offered will be determined based on a combination of factors including the candidate’s knowledge, skills, depth of work experience, and relevant licenses/credentials.
• The salary range may vary based on geographic location.

Additional Compensation Components

• Eligible to participate in a short-term incentive compensation plan subject to individual and company performance.

Benefits (as applicable/eligible)

• Medical plans with prescription drug coverage
• Flexible spending account or health savings account (depending on the medical plan chosen)
• Dental and vision insurance
• Life insurance
• 401(k) program with employer match
• Employee Stock Purchase Plan
• Paid time off programs including holiday pay and paid volunteer time
• Disability insurance coverage and maternity and parental leave
• Adoption assistance
• Educational assistance
• Robust wellness program with financial incentives

Sponsorship Statement

• As a condition of employment, individuals must be authorized to work in the United States without sponsorship for a work visa currently or in the future.