SBA Underwriter

About the role

United Federal Credit Union is looking for an experienced SBA Underwriter to help evaluate SBA lending opportunities and support sound credit decision-making. In this role, you will analyze loan requests, assess financial risk, ensure compliance with SBA requirements, and work closely with lending partners to deliver timely credit recommendations.

Responsibilities

• Evaluate SBA loan requests and provide sound credit recommendations that align with UFCU lending standards and SBA program requirements.
• Analyze SBA loan applications and determine creditworthiness, repayment capacity, and SBA eligibility.
• Review financial statements, tax returns, and supporting documentation to assess lending opportunities and risks.
• Build and evaluate cash flow models to support informed credit decisions.
• Ensure loan requests comply with both SBA requirements and UFCU credit policies.
• Review third-party due diligence reports, including appraisals, business valuations, environmental reviews, and other supporting analyses.
• Partner closely with SBA Business Development Officers and lending colleagues throughout the underwriting process.
• Clearly communicate credit decisions and prepare approval modifications when needed.
• Maintain a strong understanding of SBA programs, regulations, and underwriting best practices.
• Contribute to process enhancements, policy improvements, and special projects that support the growth of the SBA program.
• Participate in ongoing training and professional development opportunities.

Requirements

• Bachelor's degree in Business, Finance, Economics, or a related field.
• Minimum of two years of SBA underwriting experience.
• Strong financial analysis, credit underwriting, and cash flow modeling skills.
• Experience analyzing business financial statements and tax returns.
• Proficiency in Microsoft Excel and Word.
• Strong written and verbal communication skills.

Skills

• Ability to balance multiple priorities and deadlines in a fast-paced environment.
• Sound judgment and confidence making decisions in complex situations.
• Strong analytical and problem-solving skills.
• Ability to communicate risk in a clear, concise, and logical manner.
• Collaborative mindset with a commitment to delivering exceptional service.
• Continuous learning orientation and desire to expand your expertise.

Pay

Competitive base salary plus commissions.

Benefits

• Medical, dental, and vision insurance
• Health Savings Account (HSA) and Flexible Spending Account (FSA) options
• Company-paid life and disability insurance
• 401(k) with company matching contributions
• Paid time off and holidays
• Tuition assistance and professional development opportunities
• Employee wellness and assistance programs
• Collaborative and supportive team environment