SBA Credit Underwriter
VantageSouth Bank - Charlotte, NC

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DESCRIPTION

This position provides the credit analysis for all Government Guaranteed Loans submitted by the business development staff.

DUTIES

Underwrite loan to SBA Credit Policy of VantageSouth Bank
Prepare detailed spreads on businesses
Prepare detailed cash flow analysis of business applying for loan
Perform research activities including gathering information on actual and prospective borrowers through inquiries and investigations and in-house information on borrowers relative to loan activity, credit worthiness, profitability and affiliate relationships
Prepare global cash flow analysis to include personal and affiliate businesses
Make sure loan complies with SBA/USDA Standard Operating Procedures
Review 4506 tax transcripts
Prepare Credit Approval Memorandum
Interview borrower(s) in regard to loan request
Recommend Approval or Declination of credit to proper signing authority
Prepare Commitment Letters

QUALIFICATIONS

College degree required with a minimum 2 years prior experience in related field
Knowledge of commercial loan underwriting, emphasis on SBA preferred
Ability to work on multiple projects/loans simultaneously, managing time and resources to ensure work is completed efficiently and within established timeframes
Ability to assimilate and apply new job-related information in a timely manner.
Ability to analyze situations and solve problems.
Effective organizational, oral and written communication skills with attention to detail.
Ability to establish and maintain effective work relationships both internally and externally.
Exhibit adaptability in a team oriented environment.
Thorough knowledge of Microsoft software, inclusive of Word and Excel.
Underwrite loan to SBA Credit Policy of VantageSouth Bank
Prepare detailed spreads on businesses
Prepare detailed cash flow analysis of business applying for loan
Perform research activities including gathering information on actual and prospective borrowers through inquiries and investigations and in-house information on borrowers relative to loan activity, credit worthiness, profitability and affiliate relationships
Prepare global cash flow analysis to include personal and affiliate businesses
Make sure loan complies with SBA/USDA Standard Operating Procedures
Review 4506 tax transcripts
Prepare Credit Approval Memorandum
Interview borrower(s) in regard to loan request
Recommend Approval or Declination of credit to proper signing authority
Prepare Commitment Letters

VantageSouth Bank - 12 months ago - save job - block