Senior Underwriter - SBA

Firstrust Bank; Conshohocken (Montgomery County); Hybride; USD 80 000 - 100 000; Plein temps

Résumé du poste

A financial institution in Conshohocken, PA is seeking a Senior Underwriter to perform underwriting due diligence and prepare credit memorandums. The successful candidate will have 5 to 10 years of experience as an SBA Underwriter, a Bachelor’s degree in a related field, and strong SBA credit knowledge. This hybrid position involves analyzing financial documents, ensuring compliance with regulations, and mentoring other underwriters. A solid background in finance and proficiency in relevant software is essential.

Qualifications

• 5 to 10 years’ experience as an SBA Underwriter.
• Strong ability to apply SBA credit concepts and practices.
• Capability to handle multiple priorities with limited supervision.

Responsabilités

• Analyze financial statements and due diligence for loan requests.
• Prepare complete underwriting memorandums with financial projections.
• Maintain knowledge of SBA regulations and ensure compliance.

Connaissances

Judgment

Interpersonal skills

Attention to detail

Initiative

Written communication

Formation

Bachelor of Science Degree in Accounting, Finance, or related field

Outils

Microsoft Office (Word, Excel, Outlook)

Salesforce

Vikar

Description du poste

Senior Underwriter - SBA

Firstrust Bank

Location: Conshohocken, PA

Hybrid Position* — The Senior Underwriter will take a primary role in performing the underwriting due diligence and preparing the credit memorandum to be presented for approval to the Credit Officer in accordance with Credit Policy.

The Senior Underwriter will remain current on the Small Business Administration regulations and standard operating procedures, ensuring compliance with all Bank and Small Business Administration Regulations and operating procedures.

Responsibilities

• Analyze corporate and personal financial statements, tax returns, other financial information provided by customers, and any due diligence (i.e., credit reports) in connection with any new loan request.
• Working in conjunction with the RM, the underwriter will prepare complete underwriting memorandums, including financial projections with a sensitivity analysis, for submission to the appropriate approving authority.
• Upon direction of the RM, interact with customers and/or their accountants in the credit analysis process when appropriate. May be requested to join the RM on visits to the customer or SBA conventions.
• Maintains current knowledge of all related Small Business Administration regulations, bank policies, and regulatory requirements and helps determine Small Business Administration eligibility on loan requests.
• Maintains or builds relationships with the Small Business Administration office, attorneys, and consultants to continue growth and development in knowledge and understanding of issues within Small Business Administration and the industry.
• Ensure all Service Level Agreements, regulatory compliance requirements, and Bank’s credit risk profiles and profitability are monitored and maintained.
• Exhibits general understanding of organizational structures, documentation, and/or collateral structures.
• Uses best practices to provide loan recommendations based on a review of all underwriting criteria for final approval.
• Exercises adherence to internal portfolio/underwriting processes including timely and accurate data entry to Vikar and/or other centralized systems, as well as, maintaining high quality file documentation in a paperless environment.
• Helps mentor and develop other underwriters on staff as needed and directed.

Other Job Duties and Responsibilities

• Assists in the development of new business for Firstrust. Is alert to expressed customer/prospect needs to suggest appropriate services. Directs customers to appropriate person to establish business relationships.
• Other duties as assigned.

Physical And Sensory Requirements

• Prolonged periods sitting at a desk and working on a computer.
• Regularly required to drive a motor vehicle, occasional air travel, attending meetings at various venues, including but not limited to customers’ offices and/or properties, restaurants and other meeting locations, and ascend/descend stairs and or ladders occasionally to perform inspections.
• The employee may be required to lift files/materials up to 20 pounds to take to various locations.
• The incumbent will be expected to operate a computer terminal.
• Prolonged periods sitting at a desk and working on a computer.

Potenital On-the-job-risks

• None identified.

Education, Training And Experience

• Bachelor of Science Degree in Accounting, Finance, or related field.
• Five (5) to ten (10) years’ experience as an SBA Underwriter.
• Demonstrated ability to apply SBA credit concepts and practices.
• Strong ability to apply judgment, take initiative, handle multiple priorities, and work under limited supervision.
• Strong interpersonal skills and good oral written communication skills. A hard worker who possesses an attention to detail and is a team player.
• Proficiency with Microsoft Office (Word, Excel, Outlook) and other systems/systems (Salesforce, Vikar) required to successfully perform the job function.

Work Schedule

• Hybrid Schedule

Firstrust Bank provides equal employment opportunity without regard to race, color, creed, sex (including pregnancy), age, gender, (including gender nonconformity and status as a transgender or transsexual individual), physical or mental disability, religion, national origin, genetics, marital status, veteran’s status, ancestry, citizenship, sexual orientation, or other characteristics protected by applicable law. This policy applies to all areas of employment, including, without limitation, recruitment, hiring, training and development, promotion, transfer, termination, compensation, benefits, and all other conditions and privileges of employment in accordance with applicable federal, state and local laws.

Firstrust Bank is an Equal Opportunity Employer.

If you have a disability and need an accommodation to complete the application process, please email Firstrust Bank Human Resources Department [e-mail]. Include your full name, best way to reach you, and the accommodation needed to assist with the application process.

Firstrust provides reasonable accommodations so that disabled individuals may participate in the application and selection process. Please state your reasonable accommodation request for assistance in your message.

Only reasonable accommodation requests related to applying for a specific position within Firstrust will be reviewed at the email address and phone number supplied.

Please advise Firstrust of any accommodation you require to express an interest in a specific opening by emailing or calling: [e-mail] or 215-728-8265.