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SBA Loan Underwriter – To $80K – Remote – Job # 2443

Who We Are

The Symicor Group is a boutique talent acquisition firm based in Lincolnshire, IL & San Antonio, TX. Our nationally unique value proposition centers around providing the very best available banking and accounting talent. In fact, most of our recruiters are former bankers or accountants themselves!

We know how to evaluate the very best banking and accounting talent available in the market. Whether you are a candidate seeking a new opportunity or a bank or company president trying to fill an essential position, The Symicor Group stands ready to deliver premium results for you.

The Position

Our Indiana-based bank client is seeking to fill a Remote SBA Loan Underwriter role. The selected candidate will underwrite SBA 7(a), Small Loans, Express, and 504 loans up to program maximums for a lender possessing a national lending footprint.

This position offers a generous salary of up to $80K and a full benefits package.

SBA Loan Underwriter responsibilities include:

  • Providing general monitoring activities, administrative support, and oversight to the bank’s SBA commercial loan portfolio in an effort to prudently manage ongoing risk.
  • Working closely with bank management to timely report the general condition and quality of the SBA commercial loan portfolio.
  • Collecting, spreading, analyzing, and evaluating financial and related data to determine credit worthiness of prospective or existing borrowers in adherence with Credit Guidelines/Policy and SBA SOP requirements.
  • Performing additional analysis including Pro-forma balance sheet analysis, working capital adequacy, collateral shortfall, ratio analysis, etc.
  • Presenting credit write-ups in a concise, consistent, organized fashion, fully supported with proper justification/rationale.
  • Assisting in preparing for periodic portfolio reviews conducted by regulatory agencies, loan reviews, and internal audits.
  • Preparing draft responses to audits, reviews, and regulatory exam reports as requested.
  • Reviewing third-party reports including appraisals, business valuations, RSRAs, and Phase I/II to ensure consistency with approval requirements.
  • Preparing Commitment Letters in adherence to loan conditions once the loan has been approved.
  • Analyzing and crafting solutions to accommodate changes to the request on a post-approval basis via change memos.
  • Performing joint calls with Business Development Officers (BDOs) and prospective Borrowers to answer any questions and gain an understanding of the transaction in underwriting.
  • Performing other duties/projects as assigned.

Who Are You?

You’re someone who wants to influence your own development. You’re looking for an opportunity where you can pursue your interests and your passion. Where a job title is not considered the final definition of who you are, but merely the starting point for your future.

You also bring the following skills and experience: 

  • Degree from four-year college or university
  • Four or more years of relevant SBA lending, portfolio management, and/or commercial credit experience required
  • Thorough understanding of financial statement preparation and content.
  • Maintain up-to-date knowledge of current SOP SBA requirements.
  • Uses critical thinking skills/research to support a prudent credit recommendation.
  • Excellent written and verbal communication skills and good organizational skills.
  • Strong PC, Internet, and administrative skills.

The next step is yours. Email us your current resume along with the position you are considering to:

resumes@symicorgroup.com

 

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