SBA Underwriter​/Credit Analyst

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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.

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About - Gesa Credit Union Role

Summary:

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/Credit Analyst will perform financial analysis and credit underwriting to support loan origination activities for SBA 7(a) and SBA Express loan products. 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. This position will assist in the completion of loan approval packages, assisting the SBA Relationship Managers obtain necessary documentation, and conduct quality assurance prior to the SBA loan closing. The SBA Underwriter/Credit Analyst will also be responsible for annual reviews, as needed, perform industry risk analysis, and complete other related tasks required to support the SBA department.

What You Will Be Doing:

Support SBA Relationship Managers in accurate assessment of SBA eligibility as outlined in the most recent SBA SOP Maintain a working knowledge of SBA loan programs

Analyze personal and business credit data, financial statements, and tax returns with a sound understanding of financial ratio analysis

Request and review other information that includes accounts receivable aging reports, accounts payable aging reports, financial projections, and other related reports

Prepare and recommend credit packages for management and loan committee

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

Demonstrate a general knowledge of construction loans and leasehold improvement loans

Assist all team members when necessary to meet the borrower expectations and department goals

Demonstrate a willingness to learn and grow within a dynamic and challenging environment

Assist SBA management with special projects as assigned

Pull and review credit reports for business and personal borrowers/guarantors

Participate in outside training, seminars, webinars, and other training to remain current and aware of new growth opportunities

Submit SBA related forms and documents as needed including but not limited to:
Prepare and submit Tax Transcripts with initial review and reconciliation, submit borrower data to CAIVRS, other forms and documents as assigned in fulfillment of the SBA department goals

The underwriter may need to communicate with the borrower to complete SBA forms 1919 and 413

Assist SBA Loan Production Assistant/Closer in ordering appraisals, real estate evaluations, market research, UCC searches, environmental reports, title reports, etc in fulfillment of underwriting loan request

Review the credit approval document once completed by the SBA Relationship Manager They will begin the initial draft and enter information into the loan origination system

Ensure that all credit files include proper documentation including current financial statements, agency reports, etc. Prepare letter requests for update financial statements and tax returns from borrowers/guarantors and maintain tickler system

Assist SBA Relationship Managers in preparing letters of interest and loan…