SBA Credit Underwriter

What The Role Is

Primary duty is to analyze, underwrite and decision credit decisions submitted by various lines of business within the Bank. Credit Underwriter has a working knowledge of small business underwriting, cash flow analysis, financial spreading, loan structure, loan decisioning, along with an understanding of various types of collateral and collateral valuations. Performs guarantor analysis, collateral analysis, historical financial analysis, projections, stress testing, and repayment capacity analysis to provide an objective determination of the credit worthiness of Small Business transactions.

• Obtains and analyzes pertinent financial and credit data to assist in determining the risk of the loan request(s).
• Completes financial and repayment analysis with a focus on cash flow, liquidity, leverage, and collateral coverage.
• Assesses strengths, weaknesses and mitigating factors of loan requests.
• Ensures the following standard operating procedures are met when preparing analysis, reports, and presentations for management review: accurate historical financial statements; prudently prepared projections; and represents a clear focus on the merits, risks, and mitigation accordingly.
• Thoroughly documents the credit request in the appropriate format.
• Conducts research to determine the quality, character, and soundness to include but is not limited to: the analysis of basic statistical data & financial statements, guarantor analysis, etc.
• Makes an informed credit decision (Approval, Counter, or Decline) based on the merits of the request.
• Prepares analysis, reports, and presentations for review and approval by Department Manager or Credit Officers.
• Works directly with the Relationship Managers to review possible deals, deal structure, and collateral.
• Interacts with other departments within the bank as necessary such as Loan Operations and Treasury Management. Strives to minimize turnaround time while thoroughly documenting credit requests.
• Participate in training courses as requested.
• Regular and reliable attendance.
• Works cooperatively with others.

Who You Are

• Knowledge of credit risk analysis and underwriting principles, methods, and practices.
• Proficiency using Microsoft Office applications to include Word and Excel, as well as other database application systems. Strong Excel skills are a key component of this position.
• Strong written and oral communication skills required, demonstrated ability to make persuasive arguments preferred.
• Previous Underwriting/Loan Decisioning and/or Credit Analyst/Admin experience is required.
• SBA underwriting or related experience is preferred.
• Bachelor's Degree in Finance, Accounting or related discipline required.

If your experience aligns with this description, please consider applying. Many skills are transferable among industries and a passion for the role and willingness to learn are important considerations. We believe that a diverse workforce creates problem-solving and creative thinking, which is why we're dedicated to adding new perspectives to the team and encourage everyone to apply.

The above statements are intended to describe the general nature and level of the work being performed by people assigned to this work. This is not an exhaustive list of all duties and responsibilities. Cadence Management reserves the right to amend and change responsibilities to meet business and organizational needs as necessary.

Cadence Bank is an affirmative action/equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, religion, color, national origin, sex, age, status as a protected veteran, among other things, or status as a qualified individual with disability.

Bachelors (required)

Knowledge of credit risk analysis and underwriting principles, methods, and practices. (preferred)
SBA underwriting or related experience is preferred. (preferred)

Previous Underwriting/Loan Decisioning and/or Credit Analyst/Admin experience is required.
(preferred)