SBA Lead Underwriter

Fifth Third; Northern (KY); Hybrid; USD 82,000 - 173,000; Full time

Job summary

Fifth Third Bank, via Provide, seeks an experienced SBA Lead Underwriter to review and decide complex small business loan applications in a centralized environment. You will focus on loan decisions, credit recommendations, and structuring deals aligned with risk appetite.

You will collaborate with Sales and Relationship Managers to develop loan structures, ensure SBA compliance, and mentor junior colleagues. Strong SBA SOP knowledge and banking system proficiency are essential.

Qualifications

• College degree in accounting, finance, or economics or equivalent industry experience required.
• Total work experience of 7 years including 3 to 5 years of underwriting, credit, or originations experience preferable in the banking or investment banking industry.
• Thorough working knowledge of SBA SOP 50-10-8 and other SOP program guides.
• Excellent knowledge of banking systems including B2B, CCAS, nCino, AFS, Appraisal systems, CLAS/LaserPro Loan Doc Prep Systems (or equivalent vendor systems).

Responsibilities

• Underwrite and decision small business loan applications in a centralized environment for complex loans.
• Collaborate with relationship managers on deal review, modeling, and structuring.
• Coordinate with RM, Credit, and third-party providers to obtain due diligence information.
• Develop training/education guidelines for SBA lending and ensure SBA policy compliance.
• Oversee closing, funding, and post-closing items with the Funding Desk and Credit operations.

Skills

Attention to detail

Verbal and written communication

Education

College degree in accounting, finance, or economics

Tools

nCino

AFS

LaserPro Loan Doc Prep Systems

CLAS

Microsoft Excel

Microsoft Word

Outlook

Job description

Make banking a Fifth Third better® We connect great people to great opportunities. Are you ready to take the next step? Discover a career in banking at Fifth Third Bank.

About Provide

Powered by Fifth Third Bank, Provide empowers entrepreneurs to build their legacies. As a leader in tech-enabled financial services for aspiring and established small business owners, Provide offers an unmatched combination of industry expertise, personalized service, and customized financial products — enabling entrepreneurs to achieve their ownership dreams, realize financial independence, and strengthen their communities. Founded in a one-bedroom San Francisco apartment in 2013, Provide was acquired by Fifth Third in 2021, and in 2023, was named one of Fast Company’s Most Innovative Companies. Learn more at getprovide.com, and join the conversation on LinkedIn, Instagram, and TikTok.

Our team is growing

Provide’s Credit team is looking for a bold, compassionate, and focused SBA Lead Underwriter to review and decision small business loan applications in a centralized environment for complex loans. In this role, you will focus on providing loan decisions and/or credit recommendations based on all underwriting criteria, collaborating with the Sales team to develop loan structures that meet the needs of the customer and adhere to the organization’s risk appetite, and assisting and mentoring teammates through the loan decision process. As a Provide and Fifth Third Bank team member, you will be responsible and accountable for risk by openly exchanging ideas and opinions, elevating concerns, and personally following policies and procedures as defined. You will be accountable for always doing the right thing for customers and colleagues and ensuring that actions and behaviors drive a positive customer experience. While operating within the risk appetites of Provide and Fifth Third Bank, you will be expected to achieve results by consistently identifying, assessing, managing, monitoring, and reporting risks of all types.

A day in the life

Underwriting focus on new money to new borrowers to the bank. Work in cooperation with relationship managers with initial deal review, modeling, and structuring. Work in cooperation with RM's with deal pre-clearance within the Structured Finance Group, Credit, Capital Markets/Syndications, and other constituents. Work in cooperation with RM's, customers/prospects, and third-party providers to order, obtain and ascertain due diligence information as required. Utilize and analyze all available resources to prepare the credit approval document, Change in terms. Coordinate with the RM and Credit to obtain the proper credit approval. Develop training and education guidelines for SBA lending. Oversee adherence to SBA credit and eligibility policies, ensuring compliance with government regulations and the SBA guaranty. Maintain an in-depth working knowledge of all SBA products and services and ensure that the Business Banking leadership team and market leaders are alert to new developments or modifications of the SBA program as published by the SBA Center Office in Washington, DC. Engage and manage legal counsel and negotiate legal documentation in conjunction with RM. Complete and manage the closing, funding, and booking process in cooperation with the Funding Desk and Credit Collateral Operations. Complete internal and external post-closing items. Complete the underwriting process for deal amendments and restructurings. Complete special projects and assignments as requested.

Supervisory responsibilities

May provide direct leadership and supervision to junior underwriters, credit analysts, and/or leadership program participants.

Our newest teammate will have

College degree in accounting, finance, or economics or equivalent industry experience required. Total work experience of 7 years including 3 to 5 years of underwriting, credit, or originations experience preferable in the banking or investment banking industry. Thorough working knowledge of SBA SOP 50-10-8 and other SOP program guides. Excellent knowledge of B2B, CCAS, nCino, AFS, Appraisal systems, CLAS/LaserPro Loan Doc Prep Systems (or equivalent vendor systems), and other banking systems preferred. Must be proficient in basic software applications such as Microsoft Word, Excel, Outlook, and Internet Explorer. Advanced skills in Microsoft Excel a plus. Must be attentive to detail and possess excellent verbal and written communication skills. Must be highly organized and able to manage several detailed tasks and processes concurrently.

SBA Lead Underwriter Total Base Pay Range 82,100.00 - 172,500.00 USD Annual

At Fifth Third, we understand the importance of recognizing our employees for the role they play in improving the lives of our customers, communities and each other. Our Total Rewards include comprehensive benefits and differentiated compensation offerings to give each employee the opportunity to be their best every day. The base salary for this position is reflective of the range of salary levels for all roles within this pay grade across the U.S. Individual salaries within this range will vary based on factors such as role, relevant skillset, relevant experience, education and geographic location. In addition to the base salary, this role is eligible to participate in an incentive compensation plan, with any such payment based upon company, line of business and/or individual performance. Our extensive benefits programs are designed to support the individual needs of our employees and their families, encompassing physical, financial, emotional and social well-being. You can learn more about those programs on our 53.com Careers page at: https://www.53.com/content/fifth-third/en/careers/benefits.html or by consulting with your talent acquisition partner.

LOCATION -- Virtual, Ohio 00000

Fifth Third Bank, National Association is proud to have an engaged and inclusive culture and to promote and ensure equal employment opportunity in all employment decisions regardless of race, color, gender, national origin, religion, age, disability, sexual orientation, gender identity, military status, veteran status or any other legally protected status.

Introduce yourself to our team to stay connected on future opportunities. We look forward to finding the right place for you.

Are you ready to take the next step?

Fifth Third is a bank that’s as long on innovation as it is on history. Since 1858, we’ve been helping individuals, families, businesses and communities grow through smart financial services that improve lives. With a commitment to taking care of our customers, employees, communities and shareholders, our goal is not only to be the nation’s highest performing regional bank, but to be the bank people most value and trust.