Senior Business Loan Underwriter for Complex & SBA Deals

Navy Federal Credit Union; Vienna (VA); On-site; USD 90,000 - 120,000; Full time

Job summary

Navy Federal Credit Union is seeking a skilled Business Loan Underwriter to assess financial status, credit, and feasibility for a range of commercial loans, including SBA and participation deals.

The role requires thorough data validation, risk assessment, and the ability to present informed recommendations to management. Travel may be required for nationwide training and collaboration.

Qualifications

• Strong knowledge of underwriting principles and concepts.
• Ability to evaluate cash flows and ratios.
• Experience collecting underwriting data and validating documents.
• Familiar with industry regulations and banking operations.
• Excellent communication and analytical skills.
• Proficient with MS Word and Excel.

Responsibilities

• Analyzes business loan applicants' financial status, credit, and business to determine feasibility of granting credit including loan approval.
• Reviews loan applications to ensure necessary documents have been received and validates data integrity.
• Presents loan package and recommendation to senior management for loans above approval authority.
• Underwrites all levels of credit complexity, including SBA and participation loans.
• Maintains knowledge of NFCU policies and relevant industry practices/regulations.
• May travel nationwide and train others as needed.

Skills

Underwriting principles

Financial statement analysis

Credit risk assessment

SBA guidance

Advanced analytics

MS Word/Excel

Tools

Statement Analyzer

CASH

SBA systems

Job description

Navy Federal Credit Union is seeking a skilled Business Loan Underwriter to assess financial status, credit, and feasibility for a range of commercial loans, including SBA and participation deals.

The role requires thorough data validation, risk assessment, and the ability to present informed recommendations to management. Travel may be required for nationwide training and collaboration.