What are the responsibilities and job description for the SBA Underwriter I position at Frost?
Job Description
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
At Frost, we care about your health, your family, and your future and strive to have our benefits reflect that. This includes:
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
- 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
- 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
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!
