Ready Capital
Associate, Senior SBA Credit Analyst/Underwriter
Ready Capital, Verona, New Jersey, us, 07044
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Associate, Senior SBA Credit Analyst/Underwriter
role at
Ready Capital 1 day ago Be among the first 25 applicants Join to apply for the
Associate, Senior SBA Credit Analyst/Underwriter
role at
Ready Capital Get AI-powered advice on this job and more exclusive features. This range is provided by Ready Capital. Your actual pay will be based on your skills and experience — talk with your recruiter to learn more. Base pay range
$95,000.00/yr - $105,000.00/yr Position Summary
The Senior SBA Credit Analyst / Underwriter is responsible for evaluating and underwriting SBA loan applications in accordance with the SBA Standard Operating Procedures (SOP) and Ready Capital’s credit policy. This role requires advanced credit analysis capabilities, strong technical writing, and effective communication skills to support sound credit decisions and ensure compliance with SBA guidelines.
Key Responsibilities
Credit Analysis & Underwriting Conduct thorough financial analysis of business and personal financial statements, tax returns, and cash flow projections. Assess borrower creditworthiness, repayment capacity, and collateral adequacy. Prepare a detailed credit memo with well-supported recommendations. SBA SOP Compliance Ensure all underwriting activities align with current SBA SOP requirements. Stay updated on changes to SBA policies and communicate implications to relevant stakeholders. Collaborate with RCL’s closing teams to ensure documentation accuracy. Technical Writing Draft clear, concise, and comprehensive credit memos and risk assessments. Document underwriting decisions and rationale in a professional and audit-ready format. Communication & Collaboration Present credit findings to loan committees and senior management. Communicate effectively with BDOs, borrowers, internal customers and third-party professionals to gather necessary information. Provide mentorship and guidance to junior underwriters as needed.
Qualifications
Bachelor’s degree in Finance, Accounting, Economics, or related field Minimum 4 years of experience in SBA credit analysis Deep understanding of SBA 7(a) programs and SOP requirements. Strong analytical skills and proficiency in financial modeling. Excellent written and verbal communication skills. Ability to work in a high volume environment
Physical Demands
The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
While performing the duties of this Job, the employee is regularly required to sit; use hands to finger, handle, or feel and talk or hear. The employee is frequently required to stand and walk. The employee is occasionally required to reach with hands and arms; climb or balance and stoop, kneel, crouch, or crawl. The employee must frequently lift and/or move up to 15 pounds. Specific vision abilities required by this job include close vision, distance vision, color vision, peripheral vision, depth perception and ability to adjust focus.
Work Environment
The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. The noise level in the work environment is usually quiet Seniority level
Seniority level Mid-Senior level Employment type
Employment type Full-time Job function
Job function Finance and Sales Referrals increase your chances of interviewing at Ready Capital by 2x Get notified about new Senior Credit Analyst jobs in
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Associate, Senior SBA Credit Analyst/Underwriter
role at
Ready Capital 1 day ago Be among the first 25 applicants Join to apply for the
Associate, Senior SBA Credit Analyst/Underwriter
role at
Ready Capital Get AI-powered advice on this job and more exclusive features. This range is provided by Ready Capital. Your actual pay will be based on your skills and experience — talk with your recruiter to learn more. Base pay range
$95,000.00/yr - $105,000.00/yr Position Summary
The Senior SBA Credit Analyst / Underwriter is responsible for evaluating and underwriting SBA loan applications in accordance with the SBA Standard Operating Procedures (SOP) and Ready Capital’s credit policy. This role requires advanced credit analysis capabilities, strong technical writing, and effective communication skills to support sound credit decisions and ensure compliance with SBA guidelines.
Key Responsibilities
Credit Analysis & Underwriting Conduct thorough financial analysis of business and personal financial statements, tax returns, and cash flow projections. Assess borrower creditworthiness, repayment capacity, and collateral adequacy. Prepare a detailed credit memo with well-supported recommendations. SBA SOP Compliance Ensure all underwriting activities align with current SBA SOP requirements. Stay updated on changes to SBA policies and communicate implications to relevant stakeholders. Collaborate with RCL’s closing teams to ensure documentation accuracy. Technical Writing Draft clear, concise, and comprehensive credit memos and risk assessments. Document underwriting decisions and rationale in a professional and audit-ready format. Communication & Collaboration Present credit findings to loan committees and senior management. Communicate effectively with BDOs, borrowers, internal customers and third-party professionals to gather necessary information. Provide mentorship and guidance to junior underwriters as needed.
Qualifications
Bachelor’s degree in Finance, Accounting, Economics, or related field Minimum 4 years of experience in SBA credit analysis Deep understanding of SBA 7(a) programs and SOP requirements. Strong analytical skills and proficiency in financial modeling. Excellent written and verbal communication skills. Ability to work in a high volume environment
Physical Demands
The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
While performing the duties of this Job, the employee is regularly required to sit; use hands to finger, handle, or feel and talk or hear. The employee is frequently required to stand and walk. The employee is occasionally required to reach with hands and arms; climb or balance and stoop, kneel, crouch, or crawl. The employee must frequently lift and/or move up to 15 pounds. Specific vision abilities required by this job include close vision, distance vision, color vision, peripheral vision, depth perception and ability to adjust focus.
Work Environment
The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. The noise level in the work environment is usually quiet Seniority level
Seniority level Mid-Senior level Employment type
Employment type Full-time Job function
Job function Finance and Sales Referrals increase your chances of interviewing at Ready Capital by 2x Get notified about new Senior Credit Analyst jobs in
Verona, NJ . New York, NY $160,000.00-$250,000.00 1 week ago New York, NY $150,000.00-$200,000.00 5 days ago New York, NY $83,000.00-$125,000.00 2 weeks ago New York City Metropolitan Area $140,000.00-$160,000.00 3 weeks ago New York City Metropolitan Area $150,000.00-$250,000.00 1 week ago New York, NY $65,000.00-$100,000.00 5 days ago Structured Finance - Analyst/Senior Analyst - RMBS- New York, NY
New York, NY $85,000.00-$100,000.00 1 day ago New York, NY $110,000.00-$125,000.00 1 week ago New York, NY $105,000.00-$120,000.00 2 weeks ago New York, NY $175,000.00-$225,000.00 6 days ago Senior Investment Analyst - Structured Credit
New York, NY $90,000.00-$105,000.00 1 day ago Bloomberg Intelligence - Senior Credit Research Analyst
New York, NY $215,000.00-$265,000.00 1 week ago Senior Analyst, Direct Lending Operations
New York, NY $100,000.00-$120,000.00 1 week ago VP, Credit Analyst Corporate Lending Energy Transition
New York, NY $140,000.00-$230,000.00 3 weeks ago New York, NY $125,000.00-$150,000.00 3 weeks ago Bergen County, NJ $100,000.00-$130,000.00 15 hours ago New York, NY $66,000.00-$103,100.00 5 days ago New York, NY $100,995.60-$168,326.00 2 weeks ago Senior Associate, Special Situations Fund
New York, NY $250,000.00-$300,000.00 1 day ago New York, NY $65,000.00-$80,000.00 2 weeks ago New York, NY $225,000.00-$235,000.00 1 week ago Associate Credit Research Analyst (loan-only structures)
Jersey City, NJ $130,000.00-$150,000.00 2 days ago New York, NY $94,500.00-$203,200.00 6 days ago Product Manager, Global Credit Technology
New York, NY $155,000.00-$165,000.00 1 week ago New York City Metropolitan Area 1 day ago New York, NY $185,000.00-$200,000.00 5 days ago New York, NY $80,000.00-$150,000.00 1 week ago REIT and Real Estate Fund Ratings Analyst - Senior Director (NY)
We’re unlocking community knowledge in a new way. Experts add insights directly into each article, started with the help of AI.
#J-18808-Ljbffr