Senior Small Business Loan Underwriter

Responsibilities

• Underwrite small business loan applications, including working capital loans, term loans, lines of credit, equipment financing, and commercial real estate loans.
• Analyze business and personal financial statements, tax returns, cash flow, and collateral to determine creditworthiness.
• Conduct cash flow and debt service coverage analysis.
• Structure loan terms: including amount, pricing, collateral, and guarantees.
• Prepare credit memorandum for loan committee approval.
• Collaborate with loan officers to evaluate new lending opportunities and structure deals.
• Ensure loans comply with internal credit policies, regulatory requirements and program guidelines.

Qualifications

• 5+ years of small business or commercial loan underwriting experience at a comparable non-profit organization or conventional bank.
• Bachelor’s degree in Finance, Accounting, Economics, or related field.
• Strong financial analysis and credit underwriting skills.
• Experience reviewing business tax returns and financial statements.
• Ability to prepare clear and well-structured credit memos.
• Excellent communication and presentation abilities.
• Strong attention to detail and sound credit judgment.
• Strong business development and relationship-building skills.

Preferred

• Familiarity with regulatory requirements and compliance in credit analysis.
• Proficient in financial analysis tools and Microsoft Office Suite.
• Ability to manage multiple tasks and priorities in a dynamic environment.
• Experience with SBA 7(a) or SBA lending.
• Experience working with a CDFI, community bank, or mission-driven lender.
• Experience lending to minority-owned, women-owned, or underserved businesses.