Job SBA Underwriter III

Job Title

This position is responsible for underwriting, reviewing, analyzing, and understanding business financial performance as part of the SBA loan origination and underwriting process. It spreads, assembles, and accurately analyzes borrower financials. It generates analysis summaries that can be applied to loan underwriting and effectively communicates findings to relevant parties.

Provides in-depth analysis and underwriting of business, commercial and industrial loan applications. Provides in-depth analysis and review of existing commercial loans. Provides high quality and professional service to business members. Supports credit union departments and branches. Works with staff to improve operations. Ensures the accuracy of SBA loan applications submitted for committee approval.

Responsibilities

Underwriting, Analysis and Evaluation :

• Spreads financial information of new loan applications to provide sufficient understanding of the borrower's financial position, managerial strategy, and expected financial performance.
• Analyzes financial statements and formulates questions about borrowers and guarantors to understand borrowing position and risk.
• Tests presumed collateral value and performance utilizing the income capitalization and other relevant methods.
• Identifies key risk to repayment sources and provides mitigants.
• Provides written analysis for the credit presentation to senior management, ALM, and those with credit approval authority.
• Completes annual loan reviews of existing SBA loans in the portfolio, identifying potential risk in cash flow and business operations.

SBA Loan Underwriting :

Coordination and Communication :

Other Duties :

Qualifications

Training / Education / Certification :

Required Knowledge and Experience :

Preferred Experience :

Skills / Abilities :