What are the responsibilities and job description for the SBA Underwriter position at Climate First Bank?
We are changing FINANCE to finance CHANGE!
Climate First Bank is a Florida Benefit Corporation, state chartered, FDIC insured commercial bank. With now three physical branches in St Petersburg, Winter Park and Mount Dora and one digital branch, we are offering a full suite of banking products including personal and business banking and loan products (solar, residential, commercial, SBA and more). We are passionate about the environment, social issues and overall leaving our communities and the world better than we found it.
We want YOU to help us on this mission and are looking for exceptionally hard-working, passionate and bright new team members.
We are a team of growth focused, goal-oriented and competitive individuals. We collectively work hard to achieve our mission and growth-related milestones and continue to set and exceed new goals almost daily. We love what we do, and we love working with people who are just as excited about our objectives as we are!
Come join our team as an SBA Underwriter to support our SBA operations. This remote position will act as the primary liaison between the SBA Lending Division's business development officers, the borrower, and the US Small Business Administration (SBA) with respect to accessing and documenting credit risk of term loans. Incumbents will be accountable for managing risks to the bank by obtaining, analyzing, researching, reviewing, and evaluating various documents supplied by the applicant, from internal information as well as third party reports.
Join us in this exciting start-up experience and take your career to a level unattainable in a traditional bank environment. Please send a resume to apply.
Job Responsibilities
*Underwrite and recommend action on loan applications to small and mid-size commercial businesses and professional practices based on current SBA guidelines. Loans range in size from $200,000 to $5,000,000 and include loans to purchase owner-occupied commercial real estate, equipment, business and professional practice acquisitions, business expansions and debt refinancing.
*Apply conventional judgmental analysis as the primary underwriting method.
*Provide detailed requests for credit approval including financial statement analysis, business history, collateral adequacy, credit background & management's ability in order to determine credit worthiness.
*Identify and properly mitigate credit weaknesses and policy exceptions.
*Act as a liaison between credit administration and the sales team with frequent direct client contact, as necessary.
*Determine and assign credit risk ratings.
*Review and evaluate third party reports.
*As directed, provide ongoing portfolio management of the loan portfolio through annual reviews, renewal of existing credit facilities, monitoring financial and covenant compliance, and servicing modification requests.
Requirements:
*Solid analytical skills and a proven ability to properly structure SBA loans.
*Proven understanding of real estate loans and processes, including appraisals, title, land surveys, etc.
*Knowledge of SBA loan products and Standard Operating Procedures (SOP).
*Ability and desire to work in a team environment.
*Proven ability to work under pressure, prioritize workloads and work independently in a highly organized and efficient manner.
*Ability to effectively communicate with customers and other key stakeholders.
*Ability to efficiently identify and resolve problems and process slowdowns.
*Proven ability to learn new technological systems and applications quickly. Ability to navigate MS Office environment with ease.
Desired Qualifications and Skills:
*Ideal candidates will have a college degree, or equivalent training and experience, with a specialization in accounting, finance or other business-related fields.
*Formal Credit training is preferred.
Physical Demands:
Sustained standing and sitting;
Frequent use of PC, including typing or sustained attention to monitor;
Occasional lifting of basic office files or equipment up to 20 lbs.
Equal Opportunity Statement:
At Climate First Bank we truly believe that our people are our strength and the diverse talents they bring to our workforce are directly linked to our success. Diversity and inclusion are at the core of our values and mission. We do not discriminate on the basis of any protected attribute, including race, religion, color, national origin, gender, sexual orientation, gender identity, gender expression, age, marital or veteran status, pregnancy or disability, or any other basis protected under applicable law. In accordance with applicable law, we make reasonable accommodations for applicants' and employees' religious practices and beliefs, as well as any mental health or physical disability needs.
Equal Opportunity Employer/Disability/Veterans
E-Verify Statement:
This employer participates in E-Verify and will provide the federal government with your Form I-9 information to confirm that you are authorized to work in the U.S. If E-Verify cannot confirm that you are authorized to work, this employer is required to give you written instructions and an opportunity to contact Department of Homeland Security (DHS) or Social Security Administration (SSA) so you can begin to resolve the issue before the employer can take any action against you, including terminating your employment. Employers can only use E-Verify once you have accepted a job offer and completed the Form I-9.