Senior Commercial Loan Underwriter

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

Job summary

Navy Federal Credit Union in Pensacola, FL seeks an experienced Business Loan Underwriter to evaluate and underwrite commercial loan applications, present packages to senior management, and assist with closing while monitoring ongoing financials for regulatory compliance.

The role requires deep understanding of underwriting principles, financial statement analysis, and SBA/industry practices to mitigate risk across complex multi-million dollar deals.

Qualifications

• Excellent understanding of business underwriting principles and concepts.
• 2. Familiarity with cash flow analysis and related ratios.
• 3. Strong data gathering and risk evaluation for various business types.
• 4. Proficiency in financial statement and tax return review.

Responsibilities

• Analyzes financial status, credit and business feasibility for loan approvals.
• 2. Collaborates with teams to obtain required data and documents.
• 3. Determines creditworthiness using ratios (DTI, LTV) and guidelines.
• 4. Proposes deal structures with covenants to mitigate risk.
• 5. Presents loan recommendations to senior management for higher approvals.

Skills

Underwriting principles

Credit analysis

Financial statement analysis

SBA knowledge

Excel proficiency

Education

Bachelor's degree in Finance or related field

Tools

Statement Analyzer

CASH

SBA systems

Job description

Navy Federal Credit Union in Pensacola, FL seeks an experienced Business Loan Underwriter to evaluate and underwrite commercial loan applications, present packages to senior management, and assist with closing while monitoring ongoing financials for regulatory compliance.

The role requires deep understanding of underwriting principles, financial statement analysis, and SBA/industry practices to mitigate risk across complex multi-million dollar deals.