What are the responsibilities and job description for the SBA Underwriter position at Babich & Associates?
Seeking an experienced SBA Underwriter, preferably on-site in the Houston area, but open to remote candidates as well. The ideal candidate will have extensive experience in SBA loan underwriting and a strong understanding of SBA Standard Operating Procedures (SOP). Must have experience working files involving gas stations, hotels, restaurants etc. Operational experience within a financial institution is a significant plus. This role demands a high level of attention to detail, exceptional analytical skills, and a thorough understanding of risk assessment and management. Experience as a closer is also a plus. This position offers future opportunity for advancement for the right candidate.
Key Responsibilities:
- Loan Underwriting:
- Evaluate and analyze SBA loan applications to determine creditworthiness and compliance with SBA guidelines.
- Conduct thorough financial analyses, including cash flow, balance sheet, and income statement reviews.
- Assess the viability of business models and collateral adequacy.
- Prepare detailed credit memos with well-supported recommendations.
- Compliance and Documentation:
- Ensure all loan applications and supporting documents comply with SBA SOP and internal policies.
- Maintain accurate and complete loan files, including all required documentation and approvals.
- Stay current with changes in SBA regulations and guidelines.
- Risk Management:
- Identify and mitigate potential risks associated with loan applications.
- Perform due diligence to ensure the integrity and accuracy of financial information provided.
- Collaborate with internal teams to address and resolve any credit issues or discrepancies.
- Client Interaction:
- Communicate with loan applicants to gather additional information and clarify financial data.
- Provide guidance and support to applicants throughout the loan process.
- Deliver excellent customer service by addressing client inquiries and concerns promptly.
Apply through LinkedIn or send your resume to cpassero@babich.com