Small Business Loan Underwriter

First National Bank; Pittsburgh (Allegheny County); On-site; USD 65,000 - 90,000; Full time

Job summary

First National Bank in Pittsburgh seeks a Small Business Loan Underwriter 1 for Direct, Indirect, or Small Business Lending. You will analyze loan applications, assess risk, and review credit files to determine approvals, complying with bank policies and regulatory requirements.

After a 90-day introduction, there may be eligibility for a full work-from-home schedule depending on business needs. The role supports Retail Lending within the Primary Office in Pittsburgh.

Qualifications

• BA or BS required.
• 3 years of underwriting experience preferred.
• Experience in commercial loans: C&I, investment real estate, working capital lines, equipment financing, vehicle loans.
• Strong risk assessment and credit analysis skills.

Responsibilities

• Review loan applications to evaluate risk and determine acceptance.
• Verify information for accuracy and completeness against provided documentation.
• Analyze and structure commercial credit transactions within lending guidelines.
• Develop and administer a portfolio of loans, obtaining approvals within authority.
• Ensure compliance with bank policies and regulatory requirements; manage risk.

Skills

Project management

Written communication

Interpersonal skills

Customer service

PC literacy

Commercial underwriting

MS Word

MS Excel

MS PowerPoint

Education

BA/BS

Job description

Position Title

Small Business Loan Underwriter 1; Retail Lending Loan Underwriter 1

Business Unit

Retail Lending

Reports To

Varies Based On Assignment

Location

Primary Office Location: 626 Washington Place, Pittsburgh, Pennsylvania, 15219

Position Overview

This position description covers underwriting positions for Direct, Indirect, or Small Business Lending. The role is primarily responsible for new loan application analysis, underwriting and declination review, emphasizing the impact of this function on long‑term company goals and objectives. The incumbent plays a major role in the acquisition of loan assets utilizing appropriate risk‑management discipline.

Upon successful completion of the department's introduction period of a minimum of 90 days, this position may be eligible for a full work‑from‑home schedule, subject to business needs and departmental guidelines.

Primary Responsibilities

• Review loan applications from consumers and small businesses within the bank's delivery channels or directly through dealer channels to evaluate the degree of risk involved and determine application acceptance.
• Verify all application information for accuracy and completeness through validation of loan data against documentation provided.
• Pay appropriate attention to proper ordering of documentation to lessen the bank's potential risk of loss considering a broad array of credit‑related information, including repayment capacity, collateral valuations, credit histories, other banking relationships, and regulatory impact in reaching final credit decisions.
• Develop and administer a portfolio of loans by analyzing applications and credit reports and obtaining approvals within established lending authority and guidelines.
• Evaluate the quality of credit applications to originate a profitable loan portfolio, protect the bank from loss, and provide high‑quality service.
• Meet the bank's credit quality, profitability, growth, and service objectives according to established guidelines and procedures while maintaining acceptable delinquency and loss ratios.
• Develop partnerships with loan processors and bank branch personnel to improve overall customer satisfaction.
• Maintain customer relationships developed by loan originators, including bank branch personnel and business development officers.
• Perform tax return analysis and financial statement review to evaluate borrower repayment capacity.
• Obtain and compile credit histories, business and personal financial statements, tax returns, collateral valuations, and other financial information necessary for credit decisioning.
• Analyze and structure commercial credit transactions, including but not limited to Commercial & Industrial loans, investment real estate loans, working capital lines of credit, equipment financing, and vehicle loans.
• Resolve customer and branch inquiries by investigating issues, documenting information, and recommending solutions that comply with regulatory requirements and bank policies and procedures.
• Perform operational duties such as ensuring lien perfection, insurance protection, and compliance with established loan policies and regulatory requirements.
• Takes responsibility for compliance with bank policies and procedures related to underwriting and credit administration.
• Comply with regulations regarding loan approvals, declinations, and required customer notifications within established timeframes.
• Approve loans up to and including assigned lending authority.
• Perform other related duties and projects as assigned.
• Serve as a risk manager for the business by understanding, reporting, responding to, managing, and monitoring risks encountered daily, as required by the company's risk management program.

Minimum Education

BA or BS

Minimum Years Experience

3

Special Skills

• Excellent project management skills
• Excellent communication skills, both written and verbal
• Excellent organizational, analytical, and interpersonal skills
• Excellent customer service skills
• Ability to use a personal computer and job‑related software
• Commercial analytical and underwriting experience in structuring commercial loans preferred, including but not limited to Commercial & Industrial loans, investment real estate, working capital lines of credit, equipment financing, and vehicle loans
• MS Word – Basic Level
• MS Excel – Intermediate Level
• MS PowerPoint – Basic Level

Special Licenses and Certificates

N/A

Physical Requirements

N/A

Equal Employment Opportunity

The policy of F.N.B. Corporation (FNB) and its affiliates is not to discriminate against any employee or applicant for employment because of age, race, color, religion, sex, national origin, disability, veteran status or any other category protected by law. It also respects and advances all persons regardless of status as individuals with disabilities or veterans and bases all employment decisions only on valid job requirements. FNB provides a discrimination and harassment‑free workplace.

FNB will not provide sponsorship for employment‑based visas for this position; only candidates who are legally authorized to work in the U.S. will be considered.