SBA Credit Underwriter II — Business Banking Expert

Bank of America; Chicago (IL); Vor Ort; USD 92.000 - 150.000; Vollzeit

Benefits dieser Stelle

Annual discretionary bonus

Industry-leading benefits

Paid time off

Zusammenfassung

Bank of America is seeking a skilled Specialty Channel Underwriter to underwrite and approve SBA credit requests for Small Business Administration programs. This role reports to the Specialty Credit Manager and collaborates with Relationship Managers and Risk teams to deliver credit solutions in a high-volume environment.

The position requires 5+ years of commercial underwriting experience, SBA lending exposure, and strong analytical capabilities.

Qualifikationen

• Minimum of 5 years of commercial underwriting and credit analysis
• Minimum of 2 years of SBA lending experience preferred
• Formal commercial credit training or equivalent work experience
• Industry knowledge across multiple sectors
• Prior experience in a high volume production environment
• Superior teamwork skills in the commercial market space
• Strong communication skills; ability to communicate vertically, horizontally, and externally

Aufgaben

• Analyze, underwrite, and approve credit solutions for existing and new clients; approve SBA requests in accordance with applicable credit approval grid
• Conduct credit analysis including financial spreads, risk rating scorecards, industry assessment, business and personal cash flow; complete Credit Approval documentation
• Evaluate credit worthiness and provide analysis and decisioning on whether a client should be approved for an SBA credit facility
• Ensure underwriting complies with Bank credit policy and procedures and Small Business Administration SOP
• Partner with Relationship Managers, Solution Advisors, Commercial Business Development Officers and Risk teammates to assess and deliver SBA credit solutions
• Ensure data quality of credit related client and deal information
• Mentor and assist junior team members as applicable

Kenntnisse

Attention to Detail

Credit and Risk Assessment

Financial Analysis

Underwriting

Written Communications

Analytical Thinking

Credit Documentation Requirements

Financial Forecasting and Modeling

Recording/Organizing Information

Business Acumen

Collaboration

Collateral Management

Loan Structuring

Prioritization

Ausbildung

Bachelor's degree in business administration, finance, accounting or economics

High School Diploma / GED / Secondary School or equivalent

Jobbeschreibung

Bank of America is seeking a skilled Specialty Channel Underwriter to underwrite and approve SBA credit requests for Small Business Administration programs. This role reports to the Specialty Credit Manager and collaborates with Relationship Managers and Risk teams to deliver credit solutions in a high-volume environment.

The position requires 5+ years of commercial underwriting experience, SBA lending exposure, and strong analytical capabilities.