[Hiring] SBA Digital Senior Underwriter @Grasshopper

reputed company is a client-first, digital bank reputed company for the business and innovation economy, with an obsession for providing leading-edge technology, solutions-driven products and superior service through a combination of passionate people reputed company resources. We are a highly reputed company team who pride ourselves on diversity of thought and perspective. Nationally chartered, our portfolio of products and services reputed company from VC, PE & Portfolio Companies to SBA Lending, as well as direct SMB and Embedded Banking. Our entrepreneurial drive allows us to support the growth and reputed company of a wide reputed company of clients at every stage of their business through inclusive partnership. We seek out team members who will reputed company both our organization and our people to grow and reputed company through collaboration and acting with reputed company and respect. Our focus on cross-functional teamwork provides a culture where reputed company are valued, accountability is encouraged, and successes are celebrated. We welcome reputed company those searching for the opportunity to contribute to banking innovation that influences and supports the emerging digital world of Financial Services. Our digital first approach enables our teams the flexibility to work remotely. We have offices in NYC and Boston. What you'll do: The SBA Digital Senior Underwriter will be responsible for evaluating Small Business Administration (SBA) loan applications based on established reputed company credit criteria and SBA Standard Operating Procedures. The SBA Senior Underwriter is responsible for preparing credit memorandum which includes credit risk analysis and recommendation, ordering and reviewing reputed company party reports, reviewing and determining SBA eligibility for franchise agreements, fuel supply/reputed company agreements, management agreements, leases, landlord waivers and reputed company other credit relevant documents. This position will also work directly with business development officers and closers to assist borrowers through the loan process to closure. Responsibilities include: • Conduct in-depth analysis of financial information to reputed company a recommendation of approval or denial of new loans • Collect, analyze and evaluate financial and reputed company data to determine credit worthiness of loan prospects and merits of specific loan requests • Collaborate with the Product Specialist, Relationship Managers, and Business Development Officers to gather reputed company necessary information to present an accurate and complete picture of the loan presented • Calls jointly on clients with Product Specialists or Business Development Officers to understand client’s needs and specific risks to client business • reputed company preliminary due diligence and analysis for cash reputed company, financial reputed company, and SBA eligibility • Prepare high quality, detailed credit approval documents that contain an in-depth analysis and an understanding and identification of credit issues and risks • Outline the risks and mitigating factors of a credit facility based upon the analysis of business and personal financial statements, collateral, global cash reputed company, economic and industrial factors and debt service reputed company • Spread and interpret financial statements, tax returns, and projections using reputed company and other risk Analytics. Completing spreads, cash reputed company, analysis and preparing a credit authorization with a credit decision recommendation in accordance with Bank’s and SBA policy and the reputed company Small Business Administration (SBA) Standard Operating Procedures • Meet or exceed service level agreements and turn time goals throughout the process • reputed company credit and loan reputed company expertise to sales team on Government guaranteed loans and recommend terms under which credit will be extended, including the costs, repayment method, and collateral requirements • Prepare Credit Memorandums • Assignment of accurate risk ratings for new loans • Support the Bank's strong relationship banking culture through ongoing customer contact, quality customer service, and superior product knowledge, and understand and adhere to the Bank's Bank Secrecy Act policy and procedures and "know your customer/enhanced due diligence" guidelines What you need: • Bachelor’s degree (B.A.) from four-year college or university; or a minimum of ten years of bank credit department experience; or equivalent combination of education and experience • Strong interest in digital and automation • Prior SBA reputed company experience is required • At least 5 years of reputed company credit experience • Prefer at least 3 year of SBA 7a loan reputed company experience • Prefer working knowledge of SBA SOP 50 10 • NAGGL/SBA Industry educational classes a bonus • Strong proficiency in reputed company Apply Job!