Senior Business Loan Underwriter

Navy Federal Credit Union; Pensacola (FL); On-site; USD 85,000 - 110,000; Full time

Job summary

Navy Federal Credit Union in Pensacola, FL is hiring a Senior Business Loan Underwriter to evaluate and underwrite complex commercial loan applications, including SBA deals. You will analyze financial statements, credit reports, and ratios to determine risk and structure deals within policy, collaborating with senior management.

The role requires strong analytical skills, knowledge of underwriting best practices, and the ability to present findings clearly. Travel may be required nationwide.

Qualifications

• Strong understanding of business underwriting principles and concepts
• Familiarity with cash flow analysis and financial statement review
• Ability to collect supporting information for underwriting and evaluate risks

Responsibilities

• Analyzes financial status, credit and business to determine feasibility of granting credit
• Reviews and validates data integrity of loan applications
• Proposes deal structure and covenants based on risk
• Presents loan packages to senior management for loans above approval authority
• Underwrites all levels of credit complexity, including SBA and participation loans
• Maintains knowledge of industry regulations and best practices

Skills

Underwriting principles

SBA knowledge

Excel proficiency

Communication skills

Data analysis

Education

Bachelor's degree in related field

Tools

Statement Analyzer

CASH

Job description

Navy Federal Credit Union in Pensacola, FL is hiring a Senior Business Loan Underwriter to evaluate and underwrite complex commercial loan applications, including SBA deals. You will analyze financial statements, credit reports, and ratios to determine risk and structure deals within policy, collaborating with senior management.

The role requires strong analytical skills, knowledge of underwriting best practices, and the ability to present findings clearly. Travel may be required nationwide.