Strategic SBA & Conventional Loan Underwriter

Ultipro; El Paso (TX); On-site; USD 85,000 - 120,000; Full time

Benefits offered by this job

Health and wellness options

401(k) matching

Professional development

Tuition assistance

Job summary

Nusenda Credit Union is seeking a Business Banking Underwriter to underwrite, decision, and structure conventional and SBA loan requests. You will ensure SOP adherence and drive high quality credit memos while partnering with Credit Operations leadership.

Three to five years of experience and a Bachelor’s degree in Business Administration or Finance are required. Proficiency in Excel, CRM, LOS systems and Microsoft Office is essential.

Qualifications

• Three to five years of similar or related experience.
• Bachelor's degree in Business Administration, Finance or related field.
• Knowledgeable in SBA 7(a) and 504 eligibility and documentation.
• Advanced Excel skills with experience in loan origination and CRM systems.
• Must be able to handle multiple responsibilities, meet deadlines, deal with sensitive information and handle problem resolution.
• Must be knowledgeable in Microsoft Office and all internal systems.

Responsibilities

• Underwrite conventional and SBA business loan requests within established policy limits using approved templates and scoring models.
• Analyze financial statements and tax returns to develop global cash flow and key ratios, evaluate collateral and guarantor support, and recommend approval, decline, or counter terms.
• Apply Business Banking policy metrics for System Decisioned, Application Plus, and Judgmental Financial Underwriting.
• Identify deviations, document policy exceptions with mitigation and escalate per approval authority matrix.
• Ensure each loan request is properly structured for purpose, repayment source, collateral, and guarantor support.
• Confirm SBA program eligibility for 7(a) and 504 when applicable; coordinate SBA checklists with Relationship Managers through LOS.

Skills

SBA 7a/504 eligibility

Advanced Excel

CRM systems

Time management

Education

Bachelor's degree in Business Administration

Finance degree

Tools

Loan Origination System (LOS)

CRM software

Microsoft Office

Job description

Nusenda Credit Union is seeking a Business Banking Underwriter to underwrite, decision, and structure conventional and SBA loan requests. You will ensure SOP adherence and drive high quality credit memos while partnering with Credit Operations leadership.

Three to five years of experience and a Bachelor’s degree in Business Administration or Finance are required. Proficiency in Excel, CRM, LOS systems and Microsoft Office is essential.