Senior SBA Underwriter
2 weeks ago
We are seeking a highly skilled Senior SBA Underwriter to join our team at First Horizon. As a key member of our underwriting team, you will be responsible for evaluating Small Business Administration (SBA) loan applications and making recommendations to senior credit officers.
Key Responsibilities- Conduct in-depth analysis of financial information to determine credit worthiness of loan prospects
- Analyze and evaluate financial and related data to determine credit worthiness of loan prospects and merits of specific loan requests
- Collaborate with Product Specialists and Relationship Managers to gather all necessary information to present an accurate and complete picture of the loan presented
- Prepare high-quality, detailed credit approval documents that contain an in-depth analysis and an understanding and identification of credit issues and risks in accordance with the SBA's SOP
- Outline the risks and mitigating factors of a credit facility based upon the analysis of business and personal financial statements, collateral, global cash flow, economic and industrial factors, and debt service capacity
- Spread and interpret financial statements, tax returns, and projections using Excel and CreditLens
- Provide additional recommendations on loan structure and alternatives that may be more appropriate for the transaction
- Assignment of accurate risk ratings for new loans
- Follow all Bank policies and procedures to ensure compliance with all laws and regulations
- Meet or exceed service level agreements
- Prepare Credit Memorandums
- Bachelor's degree required for consideration or equivalent combination of education and experience
- Eight (8) years or more of commercial credit underwriting experience with at least 5 years of SBA underwriting experience
- Fundamental understanding of commercial credit underwriting with an emphasis on SBA
- Above-average knowledge of the SBA SOP 50-10
- Ability to interact with all levels of clients, staff, and management
- Ability to offer appropriate resolutions to mitigate risk
- Ability to think independently and as a team player
- Must be organized and detail-oriented with the ability to multitask
- Ability to work under pressure to meet deadlines
- Good written and oral communication skills
- Strong MS Office skills, especially with Excel
- Knowledge of Moody's CreditLens preferred
- Knowledge of nCino preferred
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Senior SBA Underwriter
4 weeks ago
Birmingham, Alabama, United States First Horizon Bank Full timeAbout the RoleWe are seeking a highly skilled Senior SBA Underwriter to join our team at First Horizon Bank. As a key member of our credit team, you will be responsible for evaluating Small Business Administration (SBA) loan applications and making informed credit decisions.Key ResponsibilitiesConduct thorough financial analysis to assess creditworthiness...
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Senior SBA Underwriter
1 week ago
Birmingham, Alabama, United States First Horizon Full timeAbout the RoleWe are seeking a highly skilled Senior SBA Underwriter to join our team at First Horizon. As a key member of our credit team, you will be responsible for evaluating Small Business Administration (SBA) loan applications and making recommendations for approval or denial.Key ResponsibilitiesConduct in-depth analysis of financial information to...
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