SBA Underwriter

Job Description:

JCW is seeking a highly skilled and motivated SBA Underwriter to join a dynamic team at our client, a well known regional bank in Texas. As an SBA Underwriter, you will play a crucial role in assessing the creditworthiness of small business loan applicants and ensuring compliance with SBA regulations and bank policies.

Responsibilities:

1. Evaluate loan applications and financial documents to determine eligibility and risk for SBA loan programs.
2. Conduct comprehensive credit analysis, including financial statement analysis, cash flow analysis, and collateral evaluation.
3. Assess the business plan and management capabilities of loan applicants to make informed lending decisions.
4. Collaborate with loan officers, relationship managers, and other stakeholders to gather necessary information and resolve underwriting issues.
5. Prepare thorough credit memos and underwriting summaries to support loan approval decisions.
6. Ensure compliance with SBA guidelines, regulatory requirements, and internal policies throughout the underwriting process.
7. Communicate effectively with borrowers and internal teams to provide guidance on loan requirements and underwriting criteria.
8. Stay updated on industry trends, SBA program changes, and lending best practices to continuously improve underwriting processes.

Qualifications:

1. Bachelor's degree in Finance, Accounting, Business Administration, or related field. Master's degree or professional certifications (e.g., CPA, CFA) preferred.
2. Minimum of 3-5 years of experience in commercial lending or SBA underwriting, preferably within a banking or financial services environment.
3. Strong understanding of SBA loan programs, regulations, and underwriting guidelines.
4. Proficiency in financial analysis techniques and underwriting software/tools (e.g., Moody's Analytics, CreditLens).
5. Excellent analytical skills with the ability to interpret complex financial information and make sound credit decisions.
6. Exceptional attention to detail and organizational skills to manage multiple loan files efficiently.
7. Effective communication and interpersonal skills to collaborate with internal teams and interact with clients professionally.
8. Ability to thrive in a fast-paced, deadline-driven environment while maintaining accuracy and quality in work.