Senior Commercial Loan Underwriter

Navy Federal Credit Union; Pensacola (FL); On-site; USD 85,000 - 120,000; Full time

Job summary

Navy Federal Credit Union in the United States is seeking a skilled Business Loan Underwriter to evaluate and underwrite complex commercial loan applications, including multi-million dollar deals, and to present packages to senior management for approval.

The role emphasizes analysis of financial statements, cash flows, collateral, and risk, with collaboration across teams and adherence to NFCU and SBA guidelines; travel may be required for training or relationship management.

Qualifications

• Strong underwriting principles and cash flow analysis.
• Ability to evaluate financial statements and credit reports.
• Experience with SBA programs and regulatory requirements.
• Excellent analytical and organizational skills.

Responsibilities

• Analyze business loan applications for feasibility and risk.
• Review financial statements, tax returns, and ratios.
• Present loan packages to senior management for approval.
• Assist with closing and monitoring of loan portfolios.
• Maintain underwriting manuals and ensure regulatory compliance.

Skills

Underwriting expertise

Financial statement analysis

Credit risk assessment

DTI/LTV analysis

Regulatory compliance

Advanced Excel

Communication skills

Tools

Statement Analyzer

CASH

SBA industry systems

Job description

Navy Federal Credit Union in the United States is seeking a skilled Business Loan Underwriter to evaluate and underwrite complex commercial loan applications, including multi-million dollar deals, and to present packages to senior management for approval.

The role emphasizes analysis of financial statements, cash flows, collateral, and risk, with collaboration across teams and adherence to NFCU and SBA guidelines; travel may be required for training or relationship management.