Small Business Administration (SBA) Underwriter I

At Univest, we believe great work starts with great people, and the right support behind them. As our SBA Underwriter, you’ll be a key part of our SBA lending team, helping bring smart, thoughtful credit decisions to life while supporting local businesses and the communities we serve. If you’re someone who enjoys digging into the details, partnering with others, and making a meaningful impact through your expertise, we’d love to get to know you.

Join us as our next SBA Underwriter and bring your experience to a team that values collaboration, purpose, and doing what’s right for our customers and for each other. This position could work out of our West Lawn or Souderton offices; the role will be hybrid after the initial training period. 

Partner with Senior SBA Credit Officer and the SBA RMs to support the Bank’s SBA Underwriting and loan approval functions.

Review SBA application submissions for completeness and eligibility according to the SBA Standard Operating Procedures (SOP). 

Solid understanding of all SBA loan products, credit policies and procedures, as well as the ability to underwrite according to SBA SOPs in terms of structure, pricing and eligibility; recommend changes to loan structure, if necessary. 

Prepare required SBA application and closing forms, as needed, in accordance with SBA SOPs.

Work with SBA RM’s and the SBA Underwriting Team to prepare approval documents, to include:

• Analyze business financial statements, personal financial statements, tax returns and other required documents depending on use of proceeds, as needed for new loan requests,
• Prepare cash flow charts and determine collateral positions,
• Include required SBA eligibility language in loan approval documents as set forth in SBA SOP,
• Ensure compliance with SBA SOP and Bank Credit Policy.

Assist in the credit aspects of all external SBA file reviews and audits, as well as internal reviews, as necessary.

Maintain Etran/CAFS system as required to accurately reflect SBA loan structure on the government systems.

Complete various training assigned by Manager which may be off-site or virtual.

Responsible for compliance with laws and regulations that apply to the position, including the Univest Code of Conduct

Perform additional duties as required

Bachelor’s degree required, preferably in Accounting, Finance or related discipline

Minimum of four (4) years of commercial credit analysis experience and a demonstrated understanding of commercial lending

Knowledge of the US Small Business Administration (SBA) Lending programs and/or other state and federal government guaranteed programs desired

Experience and understanding of commercial underwriting, structuring, risk-rating and basic loan documentation

Formal credit training in a regional bank or regulatory environment with extensive knowledge of commercial credit and bank operations is strongly preferred

Strong organizational, analytical and communications skills with the ability to work within compressed deadlines and according to federal government program protocols

Ability to handle problems/exceptions in an independent manner          

Microsoft Office Proficient

Wage Range:

The salary for this position ranges from $70,000 to $77,000                                                                                                                                       

Benefits Overview:

Univest offers a comprehensive benefits package that includes:

• Health Insurance: Medical, dental and vision coverage (single or family; begins the first of the month following start date)
• Retirement Plan: Participation in 401(k) plan with up to a 3% employer match after 6 months of employment
• Paid Time Off (PTO): 15 days annually (prorated your first year)
• Short Term Disability: 12 weeks of sick time with a doctors note (prorated your first year)
• Holiday Time Off: 11 paid holidays
• We offer company paid life insurance: as well as other supplemental insurances
• Tuition reimbursement
• Employee Wellness programs: including fitness club discounts and fitness tracker discounts/ annual reimbursement
• Discounts: on loan products
• Professional development trainings

Click here for Benefit Information

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An Equal Opportunity Employer. Univest does not discriminate against any applicant for employment because of race, color, religion, religious creed, ancestry, national origin, age, sex, disability or protected veteran status.