What are the responsibilities and job description for the SBA UNDERWRITER I position at Frost Bank?
It’s about interactions more than transactions.
Do you love serving others and being a helpful hand regardless of the issue? Do people often tell you that you brought them joy just by being you? Are you known for your ability to adapt in everchanging fast paced environments? If so, the SBA Underwriter I role could be for you!
At Frost, it’s about more than a job. It’s about having a flourishing career where you can thrive, both in and out of work. At Frost, we’re committed to fostering an environment that reflects our values and encourages team members to be the best they can be. In joining our adaptable, integrity-driven team, you’ll become part of Frost’s over 150-year legacy of providing unparalleled banking services.
Who you are:
As an SBA Underwriter I, you will be responsible for preparation of closing documents and loan advances of U.S. Small Business Administration (SBA) loans up to $5 million. You will partner with customers and commercial relationship managers and ensure that SBA rules and guidelines are followed for all loan files. More than that, this role is about providing top-quality services and doing it with integrity, caring and excellence in mind.
What you’ll do:
Determine underwriting requirements needed for SBA submission
Analyze and assess the appropriateness and completeness of the borrowers’ project budgets
Interpret documents to ensure compliance with SBA requirements. This includes, but is not limited to, business appraisals and purchase agreements
Monitor the servicing of the SBA portfolio statewide, including exceptions, past dues, and modifications of SBA loan documents
Stay current on SBA regulations affecting eligibility, loan documentation and perfection of collateral
Always take action using Integrity, caring and Excellence to achieve all-win outcomes
What you’ll need:
Bachelor’s degree in Business/Finance or 2 years commercial lending experience
Strong analytical skills with high attention to detail and accuracy
Ability to execute in a fast paced environment while balancing multiple priorities
Outstanding interpersonal skills
Excellent written and verbal communication skills
Proficient in Microsoft computer applications
Additional Preferred Skills:
Knowledge of government regulations surrounding SBA lending
Thorough understanding of commercial loan credit structures and loan documentation
Understanding of accounting principles
Experience with Laser Pro
Our Benefits:
At Frost, we care about your health, your family, and your future and strive to have our benefits reflect that. This includes:
Medical, dental, vision, long-term disability, and life insurance
401(k) matching
Generous holiday and paid time off schedule
Tuition reimbursement
Extensive health and wellness programs, including our Employee Assistance Program
Referral bonus program more!
Since 1868, Frost has dedicated their expertise to provide exceptional banking, investment, and insurance services to businesses and individuals throughout Texas. Frost is one of the 50 largest U.S. banks by asset size and is a leader in banking customer satisfaction. At Frost, it’s about being part of something bigger. If this sounds like you, we encourage you to apply and see what’s possible at Frost.
