Regions Bank · 2 days ago
SBA Underwriter
Birmingham, AL
Full-time
Onsite
Entry, Mid Level
$62K/yr - $82K/yr
2+ years expRegions Bank is dedicated to providing career opportunities for performance-driven individuals. The SBA Underwriter is responsible for underwriting support for the SBA Portfolio, including evaluating loan requests, conducting financial analysis, and preparing credit approval packages.
BankingInsurance
Responsibilities
Reviews each assigned SBA application following completion of the Pre-Underwriting Review process
Applies knowledge of SBA Standard Operating Procedures (SOP) to evaluate loan applications for accuracy, completeness, and eligibility
Confirms accurate execution of tasks performed by SBA Underwriter I
Provides mentoring and support for SBA Underwriter I
Primarily handles applications with total credit exposure of $350,000 and less, including all applications submitted through Regions’ SBA Small Dollar Program
Performs analysis of financial statement spreads and repayment capacity for borrowers, affiliate business entities, and corporate and personal guarantors
Reviews business and personal credit reports, as well as industry and market data
Identifies and properly mitigates all risks associated with each assigned SBA application
Prepares an appropriately detailed credit memorandum outlining terms and conditions for loan closing, summarizing financial and business analysis, and addressing mitigation of all identified risks
Demonstrates excellent working knowledge of all systems utilized by the department
Eligible for individual lending authority up to $500,000
Qualification
Required
Bachelor's degree in Accounting, Finance, or related field
Two (2) years of SBA experience, commercial loan underwriting, financial analysis or portfolio management experience
Ability to identify and voice issues
Ability to prioritize and operate with a sense of urgency
Ability to work collaboratively with multiple stakeholders
Organized, detail-oriented, and able to multi-task
Strong analytical and problem solving skills
Strong verbal and written communication skills
Preferred
This position may be filled at a higher level depending on the candidate's qualifications and relevant experience
Benefits
Paid Vacation/Sick Time
401K with Company Match
Medical, Dental and Vision Benefits
Disability Benefits
Health Savings Account
Flexible Spending Account
Life Insurance
Parental Leave
Employee Assistance Program
Associate Volunteer Program
Company
Regions Bank
Regions Financial Corporation is a member of the S&P 500 Index and is one of the nation’s largest full-service providers of consumer and commercial banking, wealth management, and mortgage products and services.
10001+ employees
H1B Sponsorship
Regions Bank has a track record of offering H1B sponsorships. Please note that this does not
guarantee sponsorship for this specific role. Below presents additional info for your
reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2025 (37)
2024 (40)
2023 (41)
2022 (42)
2021 (32)
2020 (30)
Funding
Current Stage
Late StageTotal Funding
unknown2018-04-06Acquired
Leadership Team
Brian Happel
Executive Vice President and Fort Worth Market CEO
Daniel Hobbs
Executive Vice President, Head of Corporate Finance and Business Lines CFO
Recent News
2024-04-30
Business Journals
2024-04-28
Company data provided by crunchbase