SBA Underwriter II

2 weeks ago


Fort Lauderdale, Florida, United States iBusiness Funding Full time
Job Summary

iBusiness Funding is a leading provider of innovative Software as a Service (SaaS) solutions for banks and lenders, specializing in SBA lending. We build scalable lending platforms that streamline the business lending process, allowing lenders to efficiently deliver capital to small and medium-sized businesses. As a top five SBA 7(a) preferred lender, our parent company offers SBA express and small loan capabilities.

Key Responsibilities
  • Review and evaluate SBA 7A applications for our small loan and other SBA products.
  • Evaluate and underwrite SBA loan applications to determine credit worthiness and repayment ability.
  • Ensure sound credit decisions are made in accordance with the SBA SOP and lender policies and procedures.
  • Identify and properly mitigate all risks associated with each assigned SBA application.
  • Prepare an appropriately detailed Credit Memorandum outlining terms and conditions for loan closing, summarizing financial and business analysis, and addressing mitigation of all identified risks.
Requirements
  • Bachelor's degree in accounting, finance, or related field.
  • Three (3) or more years of SBA experience is a must.
  • Three (3) or more years in commercial loan underwriting, financial analysis, or portfolio management experience.
Preferred Qualifications
  • Ability to prioritize and operate with a sense of urgency.
  • Proficient in financial spreading.
  • Strong verbal and written communication skills.
  • Organized, detail-oriented, and able to multi-task.
  • Strong analytical and problem-solving skills.
  • Ability to work collaboratively with multiple stakeholders.
What We Offer

United States, Remote, Base salary range of: $100,000 - $125,000 base + benefits.


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