Southern Bank and Trust Company · 6 hours ago
Credit Underwriting Specialist
Wilson - Credit, Wilson, NC, US
Full-time
Onsite
Entry, Mid Level
2+ years expSouthern Bank and Trust Company is seeking a Credit Underwriting Specialist to support their lending activities. The role involves managing credit application queues, conducting quality control reviews, and ensuring accurate financial data processing for consumer and small business applications.
Angel InvestmentBankingFinanceFinancial ServicesReal Estate InvestmentVenture CapitalWealth Management
Responsibilities
Manage the bank’s consumer and small business credit application queue to ensure timely and accurate processing of applications
Provide quality control reviews to ensure accuracy and completeness of applications prior to submission to credit officer for decisioning
Communicate with bank’s lenders and support staff to request additional information needed to complete and/or correct submitted application in accordance with bank guidelines
Receive, evaluate and input appropriate financial statement data into bank’s spreading software when required
Interpret and understand personal and business financial data found in financial statements, credit reports, tax returns, accounting and tax changes and notes to financial statements in order to appropriately transfer information in to the spreading software
Review and correctly identify income sources and related debts determined by the bank’s underwriting guidelines to consider in the credit application
Determine appropriate business and global cash flow for small business borrowers
Identify trends and accounts which may require further attention or explanation for greater understanding
Perform other duties as assigned
Qualification
Required
Ability to understand accounting practices used in the preparation of personal and business financial statements, and tax returns, to include those of non-profit organizations
Ability to understand appropriate cash flow structuring and key financial ratio calculations for all borrower types
Strong understanding of business entity legal structures
A thorough knowledge of Southern Bank's lending policies
Knowledge of applicable lending laws and regulations
Ability to handle sensitive customer information
Strong oral and written communication skills. Ability to effectively communicate with associates with varying experience levels and responsibilities
Excellent computer skills using related software i.e. Word, Excel and other bank proprietary software
Ability to work independently with little supervision
Ability to effectively prioritize and organize workflow, working under pressure and tight deadlines
Strong attention to detail
Bachelor's degree in business or a related field with a minimum of 6 hours of accounting courses
Minimum of two years of experience spreading financials and/or analysis, or originating and/or underwriting business and consumer loans
Company
Southern Bank and Trust Company
Southern Bank and Trust Company is a banking firm that offering financial and investment services.
501-1000 employees
Funding
Current Stage
Late StageLeadership Team
D
David Sauls
EVP / Chief Financial Officer
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