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SBA Loan Underwriter

San Diego, CA

Post Date: 10/11/2017 Job ID: 15188 Industry: Banking
We are searching for a SBA Loan Underwriter candidate for a banking client in the San Diego  area.  If you are qualified and interested in applying for this position or know someone who maybe interested in this position please contact Ronald Childs  at 619-528-8434 or by email  Ronald@sdistaffing.Com.  Below are some key points about the position I have available.
  • This is a Direct Hire  position
  • Salary range 85k-90k willing to be very competitive on salary
  • Position is located in San Diego
  • Monday-Friday (8: 30-5: 30) No Saturdays
  • Must have  SBA loan underwriting or commercial loan underwriting experience
The SBA Underwriter will be responsible for evaluating Small Business Administration (SBA) loan applications based on established criteria and SBA Standard Operating Procedures. 
JOB SUMMARY: This position provides professional level underwriting for SBA 7(a) and 504 loans, credit structuring and documenting new credits and renewals.

 ESSENTIAL DUTIES & RESPONSIBILITIES INCLUDE THE FOLLOWING (This job description does not list all the duties of the job).
  • Underwrite credit approval memos with recommendations consistent with Bank policies and SBA SOP policies.
  • Review credit information to determine eligibility, quality and sufficiency for SBA 7(a) and 504 loans; makes recommendations for approval or decline.
  • Responsible for identifying, gathering and analyzing relevant information to assess credit risk, establish viability of sources of repayment, and determine appropriate loan structures.
  • Effectively manage the process to ensure loan requests are being reviewed efficiently.
  • Ensure all loans compliance with regulatory requirements as well as Bank Credit Policy and SBA SOP.
  • Review and sign off all underwriting conditions in a timely manner.
  • Deliver excellent customer service.
  • Ensure proper pre-funding quality control steps are taken on all loans.
  • Manage assigned SBA loan portfolio to minimize risk to the Bank and provide frequent communication to all parties involved in transactions in a positive and constructive manner.
  • Prepare internal approval documents and LOI’ s and Commitment Letters as necessary.
  • Assist Manager with special projects as required;
  • Responds to questions from other staff members;
  • Complete assigned webinars, seminars and computer-based on-line training courses.

Qualifications/Experience:
  • 5+ years SBA loan underwriting or commercial loan underwriting experience, to include processing and closing duties.
  • Must possess strong credit and organizational skills, be able to meet deadlines, work well in pressure situations and possess advanced communication skills – listening, written and verbal.
  • Working knowledge of SBA and USDA B&I policies, procedures and regulations.
  • Organized, detail oriented and has the ability to complete multiple tasks effectively and in a timely manner.
  • Ability to prioritize work and perform under limited supervision.
  • Working knowledge of Windows, Microsoft Word, Excel and Outlook.
  • Experience with FIS and SBA software platforms helpful.
  • Ability to work well with co-workers at all levels of the organization.
  • Commercial lending experience and working in a community bank environment a plus.
  • Undergraduate degree from accredited university/college in business, marketing, finance or related field, or equivalent experience preferred.

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3717 Camino Del Rio South, Suite 100
San Diego, CA 92108
Phone #: (619) 528-8434 -or- (888) 528-8367
Fax #: (619) 528-8498