Description
The SBA Wholesale Underwriter reviews and underwrites SBA loan requests under Commercial Credit Policy and SBA Standard Operating Procedures up to $5 million, assessing credit risk, financial analysis, loan structuring, collateral, due diligence, and compliance with SBA eligibility requirements. The role independently recommends approvals, resolves risk issues with senior management and credit teams, seeks alternative financing, and performs simple and complex relationships with periodic supervisory oversight. It requires a bachelor's degree, at least five years of commercial lending or portfolio management experience, and five years of direct SBA lending experience, with a 40-hour Monday-to-Friday schedule and a salary of $118,000 to $146,000 per year plus a discretionary bonus.
