SBA Underwriter II: Credit & Compliance Expert

American Momentum Bank; Raleigh (NC); On-site; USD 85,000 - 110,000; Full time

Job summary

American Momentum Bank is seeking an experienced SBA Credit Analyst to prepare in-depth credit analyses for SBA 7a, 504, and Express loans, ensuring compliance with SBA SOP and bank policies. The role involves underwriting, documenting, and coordinating with the closing team to move transactions to approval.

Ideal candidates will have 5–10 years of banking/credit experience, SBA analysis expertise, and strong Excel skills.

Qualifications

• Bachelor's Degree in Business, Finance, Accounting, or related discipline is required.
• Formal Bank Commercial Credit training or equivalent classes are preferred.
• 5 to 10 years of banking/credit experience with 3 to 4 years SBA credit analysis experience.
• Strong understanding of SBA SOP eligibility requirements.
• Knowledgeable of computer systems including word processing, databases, and Excel.
• Experience with credit analysis software is desired.
• Knowledge of financial institution policies, banking regulations (state and federal).

Responsibilities

• Performs SBA audit quality review and approval of loan documentation to ensure compliance with SBA, 7a, 504 and bank standards.
• Determines loan eligibility per bank policy and SBA guidelines; structures transactions accordingly.
• Communicates with Business Development Officers and internal teams as appropriate.
• Prepares detailed financial analyses of borrowing entities and guarantors.
• Obtains and reviews credit reports and other documents for accuracy and SBA eligibility.
• Generates Credit Approval Memorandums reflecting full underwriting for approval.
• Assembles credit committee materials and supports management in presentations.
• Reviews third-party appraisals and environment reports for SBA/bank compliance.
• Supports closing department to finalize loan closings and modifications as needed.
• Participates in annual reviews of SBA loans and deal tracking.

Skills

Financial statement analysis

Cash flow analysis

SBA knowledge

Communication skills

Writing skills

Detail-oriented

Problem-solving

Education

Bachelor's Degree in Business/Finance/Accounting

Tools

Excel

Credit analysis software

Job description

American Momentum Bank is seeking an experienced SBA Credit Analyst to prepare in-depth credit analyses for SBA 7a, 504, and Express loans, ensuring compliance with SBA SOP and bank policies. The role involves underwriting, documenting, and coordinating with the closing team to move transactions to approval.

Ideal candidates will have 5–10 years of banking/credit experience, SBA analysis expertise, and strong Excel skills.