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SBA Credit Underwriter

Carter Bank & Trust

Greensboro, NC

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JOB DETAILS
SKILLS
Accounting, Accounting Close, Analysis Skills, Business Analysis, Business Loans, Business Writing, Cash Flow, Cash Flow Projection, Communication Skills, Credit Analysis, Credit Reports, Credit Risk, Customer Support/Service, Documentation, Economics, Finance, Financial Statements, Generally Accepted Accounting Principles (GAAP), Interpersonal Skills, Loan Approval, Loan Collateral, Loan Origination, Loan Review, Loan Structuring, Microsoft Office, Organizational Skills, Presentation/Verbal Skills, Problem Solving Skills, Regulations, Small Business, Standard Operating Procedures (SOP), Underwriting, Willing to Travel, Writing Skills
LOCATION
Greensboro, NC
POSTED
17 days ago

SUMMARY:

The SBA Underwriter is responsible for the analysis, structuring, and credit approval of SBA 7(a) loan requests, working closely with the Credit Administrator and front-office production team to evaluate deals efficiently and accurately.

ESSENTIAL JOB FUNCTIONS:

  • Underwrite SBA 7(a) loan requests including analysis of business cash flow, personal financial statements, collateral, and SBA eligibility
  • Prepare written credit analyses and loan approval packages for Credit Administrator and loan committee review
  • Structure loan requests to meet SBA program requirements and internal credit standards
  • Identify and articulate credit risks, collateral shortfalls, and mitigating factors in a clear and thorough manner
  • Work directly with Relationship Managers to gather documentation, resolve underwriting questions, and move deals efficiently through the pipeline
  • Ensure all credit submissions comply with current SBA SOP guidelines and program eligibility requirements
  • Maintain complete and accurate credit files throughout the loan approval and closing process
  • Stay current on SBA regulatory updates and internal policy changes

JOB REQUIREMENTS:

  • Bachelor's degree in Finance, Accounting, Business, Economics or related field or equivalent work experience
  • Prior SBA 7(a) underwriting experience

KNOWLEDGE/SKILLS REQUIRED:

  • Advanced proficiency in interpreting GAAP financial statements and translating them to cash flow for credit purposes, including global cash flow and guarantor analysis
  • Intermediate understanding of SBA regulations and policies
  • Intermediate knowledge of SBA SOP, eligibility requirements, and collateral standards
  • Intermediate analytical skills
  • Intermediate customer service skills
  • Intermediate business writing skills
  • Intermediate verbal and written communication skills
  • Intermediate interpersonal skills
  • Intermediate problem-solving skills
  • Intermediate organizational skills
  • Intermediate proficiency with loan origination systems
  • Intermediate proficiency with Microsoft Office

PHYSICAL AND MENTAL QUALIFICATIONS:

  • Standing, walking, bending and stooping required
  • Must be able to sit at a desk for long periods of time and use a computer
  • Must be able to occasionally move or lift up to 10 pounds
  • May be asked to work supplemental hours periodically
  • Limited travel required occasionally during and after business hours

About the Company

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Carter Bank & Trust