SBA Underwriter​/Credit Analyst II

Take a leap and join our team!

At Gesa, we believe in the power of our people. Coming from all walks of life, our team members' individual stories and unique experiences are our most valuable asset. But it's how we come together, igniting our collective compassion and commitment to empowering our communities, that makes us succeed. Because we know we go further when we go together.

Here you can join a team who is passionate about serving others, has a desire to do good, and shares a deep love of people. You can engage in meaningful work that impacts your community. You can challenge yourself and grow in your career. And, you can rest assured that your wellbeing and prosperity are our priority.

Get to know us: About - Gesa Credit Union

Gesa Credit Union is seeking a highly motivated, detail oriented and organized Small Business Administration (SBA) Loan Underwriter/Credit Analyst to join our dynamic team. The SBA Underwriter/Credit Analyst reports to the SBA Lending Manager. The SBA Underwriter/Credit Analyst position is a critical function in the SBA loan origination process. This position is responsible for ensuring SBA program eligibility in concurrence with the SBA underwriting standards and guidelines.

Primarily the SBA Underwriter will perform financial analysis and credit underwriting to support loan origination activities for SBA 7(a), Express 504 and other government guaranteed loan programs. This position is responsible for analyzing SBA credit requests and assisting with credit approval recommendations based on analysis and review. The underwriter is involved with spreading financial statements, tax returns, calculation of cash flows, and financial ratios.

The underwriter will assist in the completion of loan approval packages, assisting SBA Relationship Managers obtain necessary documentation, and conduct quality assurance prior to the SBA loan closing. The SBA Underwriter will also be responsible for annual reviews, as needed, perform industry risk analysis, and complete other related tasks required to support the SBA Dept.

• Support SBA Relationship Managers in accurate assessment of SBA eligibility as outlined in the most recent SBA SOP as well as credit union policies and guidance.
• Maintain a working knowledge of SBA loan programs.
• The expectation is to build and review at least 2 deals per week or 45 per year factoring in vacations & holidays.
• Analyze personal and business credit data, financial statements, accounts receivable aging reports, accounts payable aging reports, financial projections and tax returns with a sound understanding of financial ratio analysis in order to present facts, opinions and recommendations to SBA Relationship Manager concerning applicant's credit worthiness.
• Evaluate CRE, business acquisitions, equipment, expansions, start-up, construction, and tenant improvement project requests follow bank underwriting guidelines along with SBA requirements.
• Assemble, record, and maintain all credit file data in an accessible and organized manner using shared files and Gesa Credit Union underwriting and record keeping software or tickler systems.
• Request SBA terms and conditions through SBA's etran system or other means.
• Assist SBA Loan Processor in ordering appraisals, real estate evaluations, market research, UCC searches, environmental reports, title reports, etc. in fulfillment of underwriting loan request.
• Assist SBA Relationship Managers in preparing letters of interest and loan commitment letters, portfolio management including annual loan reviews and problem loan reports.
• May participate in customer and prospect calls with the SBA Relationship Manager.
• Attend credit union and SBA training sessions, conferences, or seminars as approved by supervisor.
• May be asked to coach, mentor, or train others and teach coursework as subject matter expert.

• To perform financial statement and tax return analysis and calculate basic financial ratios.
• To provide knowledgeable, professional, friendly service to all members or vendors whether in person, over the phone thought electronic communication or written communication.
• To participate in and…