Small Business Loan Underwriter

F.N.B. Corporation; Pittsburgh (Allegheny County); On-site; USD 65,000 - 90,000; Full time

Job summary

F.N.B. Corporation in Pittsburgh, PA, seeks a Small Business Loan Underwriter 1 to underwrite Direct, Indirect, and Small Business loans within Retail Lending. This role reviews applications, validates data, and structures credit while maintaining regulatory compliance.

After a 90‑day introductory period, eligible candidates may qualify for a full work-from-home option based on business needs and departmental guidelines.

Qualifications

• BA or BS required
• 3 years of underwriting or lending experience
• Strong communication and organizational abilities
• Experience with commercial loans incl. C&I, investment real estate, working capital, equipment financing, and vehicle loans

Responsibilities

• Reviews loan applications for risk and acceptance.
• Verifies information for accuracy and completeness.
• Orders documentation to mitigate bank risk and assess repayment capacity.
• Develops and administers a loan portfolio within lending authority.
• Maintains credit quality, profitability, and service objectives.
• Collaborates with loan processors and branches to improve customer satisfaction.
• Analyzes borrower financials, tax returns, and collateral valuations.
• Ensures lien perfection and regulatory compliance.
• Approves loans up to assigned lending authority.

Skills

Project management

Communication skills

Analytical skills

Customer service

MS Word

MS Excel

MS PowerPoint

Education

BA or BS

Tools

MS Word

MS Excel

MS PowerPoint

Job description

Location: 626 Washington Place, Pittsburgh, PA 15219.

Join our team. Make a difference for us and for your future.

Position Title

Small Business Loan Underwriter 1

Business Unit

Retail Lending

Reports To

Varies Based on Assignment

Position Overview

This position covers underwriting for Direct, Indirect, and Small Business Lending. The incumbent is primarily responsible for new loan application analysis, underwriting, and declination review. The role is critical to the acquisition of loan assets and the achievement of long‑term company goals through disciplined risk management.

After a minimum of 90 days in the department’s introductory period, the employee may become eligible for a full work‑from‑home schedule, subject to business needs and departmental guidelines.

Primary Responsibilities

• Reviews loan applications from consumers and small businesses within the bank’s delivery and dealer channels to assess risk and determine acceptance.
• Verifies all application information for accuracy and completeness by validating loan data against provided documentation.
• Orders documentation to reduce the bank’s potential risk of loss, considering repayment capacity, collateral valuations, credit histories, banking relationships, and regulatory impact.
• Develops and administers a portfolio of loans, obtaining approvals within established lending authority and guidelines.
• Maintains bank credit quality, profitability, growth, and service objectives while keeping delinquency and loss ratios acceptable.
• Builds partnerships with loan processors and branch personnel to improve customer satisfaction and maintains relationships with originators and business development officers.
• Performs tax return analysis and financial statement review to evaluate borrower repayment capacity; compiles credit histories, personal and business financial statements, tax returns, collateral valuations, and other financial information.
• Analyzes and structures commercial credit transactions, including C&I loans, investment real estate, working capital lines, equipment financing, and vehicle loans.
• Resolves customer and branch inquiries, documents information, and recommends solutions that comply with regulatory requirements and bank policies.
• Ensures lien perfection, insurance protection, and compliance with loan policies and regulatory requirements.
• Complies with regulations regarding loan approvals, declinations, and required customer notifications within established timeframes.
• Approves loans up to and including the assigned lending authority.
• Performs related duties and projects as assigned.
• Serves as a risk manager by understanding, reporting, and monitoring risks encountered daily in accordance with F.N.B. Corporation’s risk management program.
• Supports superior compliance by adhering to regulatory laws, guidelines, and company procedures.

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 C&I loans, investment real estate, working capital lines, equipment financing, and vehicle loans
• MS Word – Basic Level
• MS Excel – Intermediate Level
• MS PowerPoint – Basic Level

Preferred Qualifications

• Commercial analytical and underwriting experience
• Experience structuring commercial credit facilities, including C&I loans, investment real estate loans, working capital lines, equipment financing, and vehicle loans
• Experience analysing business financial statements, tax returns, and cash flow to support sound credit decisions
• Ability to assess repayment capacity, collateral strength, and overall credit risk in support of prudent lending decisions

Equal Employment Opportunity (EEO)

It is the policy of F.N.B. Corporation (FNB) and its affiliates 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. FNB provides all applicants and employees 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.