SBA & Conventional Business Loan Underwriter

Nusenda-Credit-Union; El Paso (TX); On-site; USD 70,000 - 90,000; Full time

Benefits offered by this job

Health and wellness options

401(k) matching contributions

Professional development

tuition assistance

Job summary

Nusenda Credit Union is seeking a Business Banking Underwriter to join our team in a role focused on underwriting conventional and SBA loan requests. You will analyze financial statements, assess collateral, apply underwriting templates, and prepare clear, risk-balanced approvals or counter terms.

The position requires 3–5 years of related experience, a Bachelor’s degree in Business Administration or Finance, advanced Excel skills, and proficiency with CRM and LOS systems.

Qualifications

• Three to five years of similar or related experience.
• Knowledgeable in SBA 7(a) and 504 eligibility and documentation.
• Advanced Excel skills with experience in loan origination and CRM systems.
• Ability to adapt quickly to change and proactively communicate.
• Must be able to handle multiple responsibilities, meet deadlines, deal with sensitive information and handle problem resolution.
• Microsoft Office and related internal systems proficiency.

Responsibilities

• Underwrite conventional and SBA business loan requests within established policy limits using approved templates and scoring models.
• Analyze financial statements and tax returns to develop global cash flow and key ratios, evaluate collateral and guarantor support, and recommend approval, decline, or counter terms consistent with risk appetite of the Credit Union.
• Apply Business Banking policy metrics for System Decisioned, Application Plus, and Judgmental Financial Underwriting.
• Identify deviations, and document tracked policy exceptions with mitigation and elevate per approval authority matrix while maintaining required tracking.
• Ensure each loan request is properly structured for purpose, repayment source, collateral, and guarantor support.
• Confirm SBA program eligibility for 7(a) and 504 when applicable. Coordinate SBA checklists with Relationship Managers through loan origination system (LOS) to ensure documentation requirements are met and identify items that must be satisfied prior to approval or closing.

Education

Bachelor's degree in Business Administration, Finance or related field

Tools

Excel

CRM systems

Job description

Nusenda Credit Union is seeking a Business Banking Underwriter to join our team in a role focused on underwriting conventional and SBA loan requests. You will analyze financial statements, assess collateral, apply underwriting templates, and prepare clear, risk-balanced approvals or counter terms.

The position requires 3–5 years of related experience, a Bachelor’s degree in Business Administration or Finance, advanced Excel skills, and proficiency with CRM and LOS systems.