At Gesa, we believe in the power of our people. Coming from all walks of life, our team members’ individual stories and unique experiences are our most valuable asset. But it’s how we come together, igniting our collective compassion and commitment to empowering our communities, that makes us succeed. Because we know we go further when we go together.
Here you can join a team who is passionate about serving others, has a desire to do good, and shares a deep love of people. You can engage in meaningful work that impacts your community. You can challenge yourself and grow in your career. And, you can rest assured that your wellbeing and prosperity are our priority.
Get to know us: About - Gesa Credit Union
Role Summary:
Gesa Credit Union is seeking a highly motivated, detail oriented and organized Small Business Administration (SBA) Loan Underwriter/Credit Analyst to join our dynamic team. The SBA Underwriter/Credit Analyst reports to the SBA Lending Manager. The SBA Underwriter /Credit Analyst position is a critical function in the SBA loan origination process. This position is responsible for ensuring SBA program eligibility in concurrence with the SBA underwriting standards and guidelines. Primarily the SBA Underwriter will perform financial analysis and credit underwriting to support loan origination activities for SBA 7(a), Express 504 and other government guaranteed loan programs. This position is responsible for analyzing SBA credit requests and assisting with credit approval recommendations based on analysis and review. The underwriter is involved with spreading financial statements, tax returns, calculation of cash flows, and financial ratios. The underwriter will assist in the completion of loan approval packages, assisting SBA Relationship Managers obtain necessary documentation, and conduct quality assurance prior to the SBA loan closing. The SBA Underwriter will also be responsible for annual reviews, as needed, perform industry risk analysis, and complete other related tasks required to support the SBA Dept.
What You Will Be Doing: Support SBA Relationship Managers in accurate assessment of SBA eligibility as outlined in the most recent SBA SOP as well as credit union policies and guidance Maintain a working knowledge of SBA loan programs The expectation is to build and review at least 2 deals per week or 45 per year factoring in vacations & holidays Analyze personal and business credit data, financial statements, accounts receivable aging reports, accounts payable aging reports, financial projections and tax returns with a sound understanding of financial ratio analysis in order to presents facts, opinions and recommendations to SBA Relationship Manager concerning applicant’s credit worthiness Evaluate CRE, business acquisitions, equipment, expansions, start-up, construction, and tenant improvement project requests follow bank underwriting guidelines along with SBA requirements Assemble, record, and maintain all credit file data in an accessible and organized manner using shared files and Gesa Credit Union underwriting and record keeping software or tickler systems Request SBA terms and conditions through SBA’s etran system or other means Assist SBA Loan Processor in ordering appraisals, real estate evaluations, market research, UCC searches, environmental reports, title reports, etc. in fulfillment of underwriting loan request Assist SBA Relationship Managers in preparing letters of interest and loan commitment letters, portfolio management including annual loan reviews and problem loan reports May participate in customer and prospect calls with the SBA Relationship Manager Attend credit union and SBA training sessions, conferences, or seminars as approved by supervisor May be asked to coach, mentor, or train others and teach coursework as subject matter expert
About You: To perform financial statement and tax return analysis and calculate basic financial ratios To provide knowledgeable, professional, friendly service to all members or vendors whether in person, over the phone thought electronic communication or written communication To participate in and support a team environment To display respect for diversity. Treat people with respect, keep commitments, and maintain a high level of integrity Good interpersonal skills and team orientation To communicate with supervisor regarding matters of account or lending concern To lead by example by displaying solid ethics and integrity at all times To assist all team members when necessary to meet the borrower expectations and department goals To demonstrate a willingness to learn and grow within a dynamic and challenging environment To understand and perform Bank Secrecy Act (BSA) functions applicable to job responsibilities To maintain a professional work environment and work under restricted time constraints To demonstrate support of corporate values, mission, and vision. Perform job duties within these standards and in accordance with the guidelines of our bylaws and regulations To maintain and protect all sensitive data utilizing the highest standard of confidentiality and professionalism. Consistently display respect for all areas of diversity and levels of knowledge