Small Business Underwriter II

About the role

Are you passionate about fueling the growth of small businesses? Do you thrive in a fast‑paced, high‑impact environment? Our Small Business Lending Operations team is looking for a motivated Commercial Underwriter to help us support small business borrowers. In this role you will manage risk while being a key player on a high‑performing team, developing adaptive solutions for a dynamic market and enhancing team capabilities while upholding rigorous credit standards.

Responsibilities

• Underwrites and performs renewals or reviews of loans up to $10 MM.
• Underwrites and decides new loan requests, renewals, annual reviews, and credit assessments up to the limit of his/her commercial loan authority in accordance with Capital One Bank loan policy and portfolio performance objectives.
• Provides outstanding service to business bankers and other internal partners in the organization.
• Works with Small Business Bankers to structure loan requests that fit Capital One policy, mitigate lending risks, and best meet borrower needs.
• Delivers a great overall customer experience, working closely with Business Loan Advocates who manage the end‑to‑end loan process from application to funding.
• Recommends commercial loan risk rating grades as part of the underwriting process, annual reviews, and other interim reviews.
• Ensures appropriate application of all bank and line‑of‑business policies and procedures, supporting and driving adherence to regulatory compliance requirements.
• Proactively identifies and delivers improvements in Small Business policy, underwriting, and/or risk management, and performs special project work as appropriate.
• Contributes to department training and growth.

Basic Qualifications

• Bachelor’s Degree or military experience.
• At least 4 years of experience in credit administration, small business underwriting, commercial loan underwriting, or commercial lending.

Preferred Qualifications

• 5 + years of experience in credit administration, small business underwriting, commercial loan underwriting, or commercial lending.
• Bachelor’s Degree in Finance or Accounting.
• Completion of a formal credit training program.
• Capital One will not sponsor a new applicant for employment authorization for this position.

Pay

Plano, TX: $138,100 – $157,700 annual salary for Small Business Underwriter II. Candidates hired in other locations will receive the pay range applicable to that location. This role is also eligible for performance‑based incentive compensation, which may include cash bonuses and/or long‑term incentives.

Benefits

Capital One offers a comprehensive, competitive, and inclusive set of health, financial, and other benefits that support total well‑being. Eligibility varies based on full‑ or part‑time status, exempt or non‑exempt status, and management level.