Senior SBA & USDA Underwriter
Credit Underwriting & Analysis
Independently underwrite complex SBA 7(a), SBA Express, USDA B&I, and related government guaranteed loan requests.
Analyze borrower financial statements, tax returns, projections, global cash flow, debt service capacity, collateral coverage, liquidity, guarantor support, and repayment ability.
Assess business risk, industry trends, management strength, succession considerations, and operational viability.
Structure transactions in accordance with SBA SOP, USDA program requirements, bank credit policy, and safe and sound banking practices.
Perform detailed collateral analysis including real estate, business assets, special purpose collateral, and construction lending scenarios.
Analyze equity injection requirements, source and seasoning of funds, and eligibility of contributed assets.
Review environmental, appraisal, insurance, and legal requirements associated with government guaranteed lending.
Prepare comprehensive written credit memorandums and recommendation packages for approval authorities and loan committees.
Present and defend loan recommendations to senior management and credit committees when necessary.
Government Guaranteed Program Compliance
Maintain expert-level knowledge of current SBA SOPs, USDA regulations, policy notices, procedural updates, and program changes.
Avoid potential guaranty repair or denial risks during underwriting.
Affirm all loans meet SBA and USDA eligibility, underwriting, documentation, and compliance requirements.
Affirm all loans adhere to bank credit policy and safe and sound banking practices.
Affirm all loans comply with regulatory standards.
Affirm all loans are in compliance with the bank’s Preferred Lender Program (“PLP”) standards and USDA lending authority requirements.
Leadership & Collaboration
Serve as a technical resource and mentor to junior underwriters, analysts, lenders, and support staff.
Promote consistency in underwriting standards and credit culture across the organization.
Partner closely with business development officers, closers, portfolio managers, and loan operations staff to ensure efficient loan flow and exceptional customer experience.
Assist in developing underwriting procedures, templates, workflows, and departmental best practices.
Participate in training initiatives related to SBA and USDA lending programs.