Senior Business Loan Underwriter

Navy Federal Credit Union; Vienna (VA); On-site; USD 90,000 - 130,000; Full time

Job summary

Navy Federal Credit Union is seeking an experienced Business Loan Underwriter to evaluate and underwrite complex business loan applications. The role involves reviewing financial statements, credit reports and ratios to assess risk, and presenting recommendations to senior management for decisions beyond approval authority.

Responsibilities include data gathering, ensuring completeness of documentation, collaboration with compliance, and ongoing monitoring of loan portfolios.

Qualifications

• Excellent understanding of business underwriting principles and concepts.
• Good knowledge of cash flow, liquidity, leverage and ratio analysis.
• Experience with SBA and banking industry practices.
• Strong data collection, validation and documentation skills.
• Excellent written and verbal communication.

Responsibilities

• Analyzes financials, credit and business to determine credit feasibility.
• Reviews loan applications and validates data integrity.
• Determines borrower credit-worthiness using ratios (DTI, LTV) and guidelines.
• Presents loan packages and recommendations to senior management.
• Underwrites SBA and participation loans with complex deals.
• Monitors ongoing underwriting activities and reports to management.
• Collaborates with compliance and mentoring teams; travels as needed.
• Maintains underwriting manuals and supports daily management reporting.

Skills

Underwriting principles

Financial statement analysis

Credit risk assessment

Data gathering & validation

Interpersonal communication

Tools

Microsoft Word

Microsoft Excel

Job description

Navy Federal Credit Union is seeking an experienced Business Loan Underwriter to evaluate and underwrite complex business loan applications. The role involves reviewing financial statements, credit reports and ratios to assess risk, and presenting recommendations to senior management for decisions beyond approval authority.

Responsibilities include data gathering, ensuring completeness of documentation, collaboration with compliance, and ongoing monitoring of loan portfolios.