As a SBA Underwriter I with Frost, you will be responsible for obtaining approval by the U.S. Small Business Administration (SBA) for guaranties on business loans up to $5 million. Responsibilities will include contacting customers and commercial relationship managers to obtain required documentation for SBA approval and closing; preparing SBA loan application packages and reviewing all submitted documentation; determining SBA eligibility and requirements for internal loan approval; interfacing with SBA offices, customers, title companies, and Sales Managers in connection with the documentation and closing of SBA Loans; preparing loan documents while complying with internal bank policies and procedures as well as SBA regulatory and legal requirements; processing required SBA ongoing lender and guaranty fees; and performing financial analysis for SBA package to include reviewing financial statements for eligibility; and reviewing credit memorandum to determine if the underwriter's narrative, rate, and collateral meets SBA requirements. The candidate will act as a liaison between commercial relationship managers and business bankers and the SBA.
Experience written and oral communication skills
Proficient in Microsoft computer applications
Understanding of accounting principals
Experience with Laser Pro