Senior SBA Loan Underwriter

POSITION :                           Senior SBA Loan Underwriter

REPORTS TO :                      SVP, Director of Credit Administration

LOCATION :                          Phoenix, AZ 85053, - On site position (not remote)

SUMMARY :

You own it, are highly competitive, accountable and likely are a top performing credit underwriter specializing in business lending including : SBA (7A & 504), C&I and CRE loans. A top candidate may not be happy with their current employer’s culture, limited growth potential, tightening credit box, reduced loan growth or perhaps interested in exploring a change.

You have a passion for helping small businesses. Ethics, integrity, building trust, delivering on your promises, and delivering results for your small business clients is of paramount importance to you. You are intrigued to learn about Integro360 - the proprietary consultative services and technology we invented, and provide for free to business owners, helping you maximize accepted LOI’s with a competitive differentiator not offered by any other bank in the USA.

You are also excited that Integro Bank is ranked as the #1 top performing bank among all Arizona based banks in key measures like :  Loan Growth #1, Deposit Growth #1, Net Interest Margin #1, SBA lending #1. We are also developing the latest credit and underwriting platforms in order to deliver maximum efficiency and leverage our technology as a distinct competitive advantage.

As a Preferred Lender, the SBA recently ranked Integro Bank as the #1 Arizona based bank over the past 12 months, funding a higher dollar amount of SBA 7A loans than Bank of America and Western Alliance banks. To support this rapid growth, we are hiring!

You either live in the Phoenix Arizona metro area or have family or friends and interested in being based here. If this sounds like you, please keep reading and we encourage you to apply.

The Senior Credit Underwriter position is our lead credit position that analyzes credit and financial reports in order to manage borrower and portfolio risks for the Bank. The Senior Credit Underwriter will work directly with our Business Development Officers (BDO’s) to assist with appropriate credit structuring opportunities and will be actively involved in the writing and development of the credit presentation and approval. This position will also include a “front seat” at the Credit Administration and Technology tables as we build out our credit portfolio and further enhancements to our technology workflows, automations, and Integro360 platform.

RESPONSIBILITIES :

1. Review and spread business and personal financial information including leases and rent rolls received to provide detail for historical comparison and analysis.

2. Document cash flows for operating business entities, real estate holding companies and individuals, as well as an overall global cash flow for loan analysis and loan approval.

3. Produce projections, pro-forma statements and sensitivity analysis as appropriate.

4. Identify and document exceptions to the Bank credit policy as well as pertinent mitigating factors.

5. Prepare written and verbal presentations of financial information including detailed formal credit analysis with recommendations for loan approval or denial. The Senior Credit Underwriter attends and presents loans to Credit Officers and / or Credit Committee(s) for approval.

6. Conduct Annual Reviews of existing relationships and Annual Loan Covenant Compliance with consideration of Risk Rating accuracy. Manage outstanding ticklers, covenant monitoring, requesting financial items from clients, review and provide updates to lenders and management. Assist the Relationship Manager and Credit Administration on Past-Due loans, Watchlist credits and loan workouts, preparing Problem Loan Report as needed.

8. Develop and maintain an acceptable turn-around time on all loan requests to sustain our reputation as a service-oriented and personable community bank.

9. Act as a training resource for Relationship Managers and Junior Credit Underwriters related to understanding and interpreting financial statements and tax returns and upon request review the cash flow preparations and analysis of Relationship Managers and Junior Credit Analysts for correctness and completeness. Also reinforce the Bank’s commitment to sustaining high credit quality and strong credit culture.

12. Participate in continuing education courses to stay abreast of new banking regulations.

13. Maintain thorough knowledge of Bank’s credit policy and other Bank policies and procedures.

14. Maintain a thorough knowledge of all Integro Bank products, services, procedures, policies and appropriate regulatory issues relating to daily job functions including but not limited to : Bank Secrecy Act; Privacy; Fair Lending; Regulation E; deposit, transaction and loan accounts

QUALIFICATIONS :

Knowledge, Skills & Abilities

1. Demonstrated analytical and problem-solving skills.

2. Experience working in a fast-paced environment where required to prioritize and deal effectively with varying workloads and meet deadlines. Time management is critical.

3. Proven experience working independently with assertive decision-making for loan recommendations.

4. Exceptional communication skills required, both verbal and written, including courteous and professional interaction, establishing trust and maintaining productive relationships with customers, peers, relationship managers and bank management.

5. Quickly grasps Bank analysis software and retains information.

6. Experience with Abrigo Sageworks, and FIS Horizon (core system) platforms highly desired.

7. Broad experience in C&I, CRE, SBA lending underwriting highly desired.

8. Proficient with Microsoft Office Products – Word, Excel and Outlook.

EDUCATION & EXPERIENCE

• Bachelor’s Degree in accounting, business or finance preferred.
• 5 years in Commercial Banking (e.g., Credit Administration, Commercial Credit Underwriting, Portfolio Management or Commercial lending), required
• 5 years of SBA Underwriting experience required.

ENVIRONMENT & PHYSICAL DEMANDS :

The preceding job description has been designed to indicate the general nature and level of work performed by employees within this classification. It is not designed to contain or be interpreted as a comprehensive inventory of all duties, responsibilities, and qualifications required of employees assigned to this job

INCLUSION AND EQUAL OPPORTUNITY EMPLOYMENT : Integro Bank is an equal opportunity employer committed to diversity and inclusion. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, veteran status or any other basis protected by law.

About Integro Bank : . Our Mission is to “Lift and Transform Lives.” We focus on helping small businesses maximize growth because “Employment lifts people up and transforms lives”.

Our Core Values are :

Benefits : Comprehensive benefits package including : Health, dental and vision insurance, paid time off, company paid life insurance, short and long-term disability, 401k, and tuition savings program.