SBA Senior Underwriter Tampa, FL

Westchase, TX - USA

Monthly Salary: Not Disclosed

Posted on: 5 hours ago

Vacancies: 1 Vacancy

Job Summary

Job Title: SBA Senior Underwriter

Primary Location:12471 W. Linebaugh Avenue Tampa FL 33626

Employee Status: Full-time salary

Workplace Type:Fully On-Site/Hybrid

What Youll Get: (note varied offerings based on role and hours)

Weekly Pay
Comprehensive Health & Wellness package including Medical (with prescription coverage) Dental and Vision
Matching Health Savings Account Contributions Dependent Care flexible spending account (FSA)
Retirement options like 401 (k) with company match and pension
Paid time off: Vacation Personal days paid holidays paid volunteer time sick days & flex time
Tuition reimbursement
To see a full list of our benefit offerings check out this helpful guide!

About this position:

The SBA Senior Underwriter is responsible for performing comprehensive credit analysis including the collection review and interpretation of all types of credit information for existing and prospective SBA 7(a) 504 and ITL borrowers. This role works closely with lenders and communicates directly with current and potential clients to obtain required information in support of loan requests. The Senior SBA Underwriter prepares reviews and presents complete credit packages in full compliance with SBA SOP guidelines for lender and committee review supporting informed lending decisions for new renewal and extension loans.

What youll do:

Demonstrated ability to independently underwrite complex SBA 7(a) transactions with limited managerial revision.
Evaluate creditworthiness and collateral for SBA 7(a) 504 and ITL loans both secured and unsecured; underwrite loan requests and prepare clear well-supported credit presentations.
Spread and analyze financial statements within underwriting systems and generate supporting reports for credit analysis and loan presentation.
Manage assigned loan files independently including prioritization lender communication and deadline management.
Proactively escalate material issues risks or approval blockers to management before deadlines may be impacted.
Independently identify analyze and resolve material underwriting issues (including cash flow drivers affiliate impacts and structural risks) prior to draft submission.
Provide underwriting recommendations to the SBA credit manager lenders and loan committees to support informed lending decisions.
Ensures full compliance with SBA SOP guidelines.
Assist with ongoing loan monitoring including obtaining updated financial information ensuring covenant and policy compliance and preparing annual loan reviews as required.

What Youll bring:

Bachelors degree in Business Administration Finance Economics or other related business study strongly preferred.
Five years to eight years of SBA 7a underwriting experience.
Strong understanding of SBA SOP eligibility requirements.
Credit training or equivalent classes offered by 3rd party providers (NAGGL RMA ABA banking associations etc.).
Strong working knowledge of Microsoft Office core databases credit analysis software.

Who We Are:

Were proud of our past thrilled with our present and couldnt be more excited about our future! Lake Michigan Credit Union has grown to become one of the largest credit unions in the nation with our headquarters in West Michigan.

As a credit union LMCU is a not-for-profit institution owned by its members instead of corporate stockholders. We are accountable directly to our members and they directly share in our success benefitting by lower and fewer fees better savings and checking interest rates lower cost mortgages and a host of other advantages that simply dont exist at traditional banks.

Its about always doing whats best and right for our members - it guides everything we do.

From friendly knowledgeable and professional employees who greet you by name to offering stellar value at every turn LMCU works for its members.

Working with LMCU you can grow and advance in your career and work with talented teams that help you become better each and every day. As an employee you can have confidence in knowing your work is having an impact by supporting our mission of serving our members lifetime financial needs.

Youll be encouraged to innovate and excel and were committed to your empowerment as an employee providing ongoing training development support and opportunities for you to achieve your career goals.

Have additional questions about the role

You may email us at: .

LMCU is an Equal Opportunity Employer

Required Experience:

Senior IC

Job Title: SBA Senior UnderwriterPrimary Location:12471 W. Linebaugh Avenue Tampa FL 33626Employee Status: Full-time salaryWorkplace Type:Fully On-Site/HybridWhat Youll Get: (note varied offerings based on role and hours)Weekly PayComprehensive Health & Wellness package including Medical (with presc...