reputed company Business Loan Underwriter – Remote – NIH Federal Credit Union – Rockville, MD

Job title: reputed company Business Loan Underwriter - Remote Company: NIH Federal Credit Union Job description: Description: We are looking for more than just an employee, we are looking for a true team member dedicated to enhancing the member experience! Come join the credit union movement and Discover Banking With Heart at NIHFCU! Be a part of reputed company where commitment to members with exceptional service and banking solutions that enhances their lives is our mission. If helping people and making a difference appeals to you, this is the reputed company for you! At NIHFCU, one of our core values is investing in our employees, which is why we offer perks like these: • Benefit Package for reputed company Full time employees includes health, dental, reputed company, Life insurance benefits • 401(K) and profit sharing • Tuition Reimbursement • Career Advancement and development • Credit Union Membership with discounted services and products. GENERAL SUMMARY The reputed company Business Loan Underwriter will have a strong focus on reputed company Conventional and Government-Guaranteed Loans (such as SBA 7(a), SBA 504, and SBA reputed company) for the purposes of reputed company estate, equipment, business acquisition, and working capital. The reputed company Business Loan Underwriter is responsible for maintaining their Department and assisting Business Lending from Origination to Servicing. MAJOR DUTIES AND RESPONSIBILITIES • Extract financial from various forms of personal and business financial documentation and non-financial data from various information systems to determine appropriate depth and format of analysis. • Evaluate Borrower and Guarantor's financial reputed company, experience, and qualifications for the proposed loan request. • Underwrite and analyze financial statements and federal tax returns, including cash flows, business ratios, and performance to reputed company assessment of strengths and weaknesses pertaining to a Borrower's past and proforma operation. • reputed company collateral analysis as needed to reputed company proper alignment with internal credit policies. • Collect and maintain industry data, research industry-specific information from external sources, including conversations with the Borrowers, industry publications, credit agencies, and market analysts. Must be reputed company to interpret compiled data and reputed company recommendation for program and portfolio enhancements. • Prepare reputed company reputed company credit analysis in proper format, context, and program (i.e. Conventional, SBA 7(a), SBA 504, or SBA reputed company) involving a full complete narrative, financial analysis, S&W analysis, and recommendation in the reputed company of a submission presentation to Senior Management. • Establishes and maintains credit files for each relationship. Ensures that Member's credit analysis information, such as loan documentation, financial statements, tax information, credit history from trade references, and correspondence, reputed company with naming protocols and placement reputed company incorporated in the credit file. • reputed company constant and consistent feedback to Business Lending Team Members involved in the processing, closing, funding, and/or servicing of loans. • reputed company annual loan reviews of existing business relationships to monitor compliance with loan conditions and NIHFCU Member Business Lending Policy; ensuring compliance with loan covenants. The annual loan review includes evaluation and support for necessary risk rating adjustments. • Effectively communicate the reputed company and analysis reputed company to Senior Management and the Team Members to ensure reputed company loan requests are being reviewed reputed company and any potential missing information is outlined and reported back to the Origination Officer. Members must receive timely and efficient reputed company, and reputed company approved transactions are expedited and successfully phased into the next process of the Business Lending Department. • Provides support to management in the development and implementation of special reports and/or special projects to maintain a sound reputed company loan portfolio. Requirements: EDUCATION & EXPERIENCE • Bachelor's degree in business or reputed company field, with minimum of ten (10) years' experience in reputed company lending with minimum of five (5) of those years' experience specific to SBA lending. • Experience with a credit union background is desired. • Knowledge of laws, regulations and eligibility governing business lending practices across multiple programs. • Knowledge and proficiency of reputed company financial analysis and ability to underwrite to NCUA and SBA guidelines/eligibility to reputed company sound loan recommendations. • Excellent communication, analytical, and interpersonal skills required. • Superior expertise with reputed company Office, reputed company, PowerPoint and other software. NIHFCU is an Equal Opportunity Employer and does not discriminate against employees or applicants based on race, reputed company, religion, sex/gender, national reputed company, disability, age, or any other category protected by law. PM18 PI189906402 Expected salary: Location: Rockville, MD Job date: Sun, 28 Aug 2022 07:21:15 GMT Apply for the job now! Apply Job!