Regions Bank
At Regions, the SBA Underwriter provides underwriting support for the Regions SBA Portfolio. This position serves as the primary evaluation point for SBA loan requests with responsibilities including reviewing applications against approval checklist by product type, completing initial eligibility analysis, financial statement spreading, detailed analysis of repayment capacity and financial metrics, and initial Credit Approval Package preparation.
The SBA Underwriter may also provide the initial framework for various credit servicing activities, including establishing requirements for ongoing monitoring of financial statements, ratios or other performance metrics, collateral management, and overall performance of SBA loans.
Primary Responsibilities
Reviews each assigned SBA application following completion of the Pre-Underwriting Review process Applies knowledge of SBA Standard Operating Procedures (SOP) to evaluate loan applications for accuracy, completeness, and eligibility Confirms accurate execution of tasks performed by the SBA Underwriter I Provides mentoring and support for SBA Underwriter I and II Assists with various administrative functions in support and in absence of the SBA Underwriting Manager Primarily handles complex applications with total credit exposure greater than $350,000 Frequently engages in pre-flight discussions of prospective loan requests with SBA Bankers, Sales Managers, and Credit Leadership Performs detailed analysis of financial statement spreads and repayment capacity for borrowers, affiliate business entities, and corporate and personal guarantors Reviews business and personal credit reports, as well as industry and market data Periodically engages in direct conversations with Regions SBA loan customers through coordination with SBA Bankers and Credit Leadership Identifies and properly mitigates all risks associated with each assigned SBA application Prepares an appropriately detailed credit memorandum outlining terms and conditions for loan closing, summarizing financial and business analysis, and addressing mitigation of all identified risks Demonstrates excellent working knowledge of all systems utilized by the department Eligible for individual lending authority up to $1,000,000 Requirements
Bachelor's degree in Accounting, Finance, or related field Seven (7) years of SBA experience, commercial loan underwriting, financial analysis or portfolio management experience Skills And Competences
Ability to identify and voice issues Ability to prioritize and operate with a sense of urgency Ability to work collaboratively with multiple stakeholders Organized, detail-oriented, and able to multi-task Strong analytical and problem-solving skills Strong verbal and written communication skills Regions offers a benefits package that is flexible, comprehensive and recognizes that "one size does not fit all" for benefits-eligible associates. Benefits include: Paid Vacation/Sick Time 401K with Company Match Medical, Dental and Vision Benefits Disability Benefits Health Savings Account Flexible Spending Account Life Insurance Parental Leave Employee Assistance Program Associate Volunteer Program Equal Opportunity Employer/including Disabled/Veterans
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Reviews each assigned SBA application following completion of the Pre-Underwriting Review process Applies knowledge of SBA Standard Operating Procedures (SOP) to evaluate loan applications for accuracy, completeness, and eligibility Confirms accurate execution of tasks performed by the SBA Underwriter I Provides mentoring and support for SBA Underwriter I and II Assists with various administrative functions in support and in absence of the SBA Underwriting Manager Primarily handles complex applications with total credit exposure greater than $350,000 Frequently engages in pre-flight discussions of prospective loan requests with SBA Bankers, Sales Managers, and Credit Leadership Performs detailed analysis of financial statement spreads and repayment capacity for borrowers, affiliate business entities, and corporate and personal guarantors Reviews business and personal credit reports, as well as industry and market data Periodically engages in direct conversations with Regions SBA loan customers through coordination with SBA Bankers and Credit Leadership Identifies and properly mitigates all risks associated with each assigned SBA application Prepares an appropriately detailed credit memorandum outlining terms and conditions for loan closing, summarizing financial and business analysis, and addressing mitigation of all identified risks Demonstrates excellent working knowledge of all systems utilized by the department Eligible for individual lending authority up to $1,000,000 Requirements
Bachelor's degree in Accounting, Finance, or related field Seven (7) years of SBA experience, commercial loan underwriting, financial analysis or portfolio management experience Skills And Competences
Ability to identify and voice issues Ability to prioritize and operate with a sense of urgency Ability to work collaboratively with multiple stakeholders Organized, detail-oriented, and able to multi-task Strong analytical and problem-solving skills Strong verbal and written communication skills Regions offers a benefits package that is flexible, comprehensive and recognizes that "one size does not fit all" for benefits-eligible associates. Benefits include: Paid Vacation/Sick Time 401K with Company Match Medical, Dental and Vision Benefits Disability Benefits Health Savings Account Flexible Spending Account Life Insurance Parental Leave Employee Assistance Program Associate Volunteer Program Equal Opportunity Employer/including Disabled/Veterans
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