Senior SBA Underwriter II: Lead, Analyze & Mentor

Lendistry; Los Angeles (CA); Hybrid; USD 100,000 - 150,000; Full time

Benefits offered by this job

Medical Insurance

Dental Insurance

Vision Insurance

Paid Time Off

Birthday Day Off

Holidays

401(k) Match

FSA/HSA

Life Insurance

Disability Insurance

Pet Insurance

EAP

Professional Development

Office Snacks

Job summary

Lendistry is the nation’s largest minority-led, tech-savvy lender for small businesses and commercial real estate. The Sr. Underwriter II works under the Underwriting Manager to review credit applications, analyze information, structure requests, and obtain loan approval, while coaching other underwriters.

Some travel may be required. We’re a certified CDFI and CDE, committed to economic opportunities and growth in communities we serve.

Qualifications

• Minimum 8+ years of relevant experience in SBA, Commercial C&I and real estate financing.
• Expert knowledge of SBA Standard Operating Procedures.
• Ability to manage and underwrite complex transactions with limited guidance.
• Excellent verbal and written communication skills.
• Advanced computer proficiency.
• Ability to travel, work flexible schedules, and cover different locations, if requested.

Responsibilities

• Review initial loan application packages from Sales to determine eligibility and additional required documentation.
• Structure loan package to fit within minimum requirements of products available
• Have knowledge of Business and Personal Tax Returns, Interim Financials, Bank Statements etc.
• Decision loan files (decline, suspend, or submit for approval).
• Run all background checks for business and merchants.
• Review 3rd party reports (Credit report, Business Experian, CAIVRS etc.).
• Sets-up calls and discusses file with client (initial interview).
• Review completed file for underwriting.
• Ensure all information is received prior to underwriting.
• Underwrite the transaction and prepare package for third party approval.
• Perform other duties as assigned to support the efficient and effective operation of the department and that help to make Lendistry the best place to work!

Skills

SBA knowledge

Commercial C&I

Real estate financing

Financial analysis

Communication skills

Travel flexibility

Bilingual English-Spanish

Education

Bachelor's degree

Finance or Accounting focus

Business Administration focus

Tools

Microsoft Word

Excel

Job description

Lendistry is the nation’s largest minority-led, tech-savvy lender for small businesses and commercial real estate. The Sr. Underwriter II works under the Underwriting Manager to review credit applications, analyze information, structure requests, and obtain loan approval, while coaching other underwriters.

Some travel may be required. We’re a certified CDFI and CDE, committed to economic opportunities and growth in communities we serve.