Senior Underwriter – US Commercial and SBA Loans

The Senior Underwriter is responsible for independently analyzing, evaluating, and approving complex credit requests in accordance with company policies, regulatory requirements, and sound underwriting principles. This role requires a deep understanding of financial statements, risk assessment, and loan structuring across various lending products. The Senior Underwriter serves as a subject matter expert and mentor to junior underwriters, ensuring the overall quality and consistency of credit decisions.  

Responsibilities

• Credit Evaluation: Analyze financial statements, tax returns, and cash flow projections to assess borrower creditworthiness and repayment ability.
• Risk Assessment: Identify key risks and prepare comprehensive credit memorandums outlining strengths, weaknesses, and mitigants.
• Policy Compliance: Ensure underwriting decisions comply with internal credit policies, underwriting standards, and regulatory guidelines (e.g., OCC, FDIC, SBA, or FNMA, depending on institution).
• Collaboration: Partner with Relationship Managers, Loan Closers, and Credit Administration to ensure timely and accurate processing of credit requests.
• Portfolio Monitoring: Support ongoing risk management by reviewing existing exposures and identifying early warning indicators.
• Training & Mentoring: Guide and review work of junior underwriters, providing coaching and feedback to enhance team performance.
• Process Improvement: Contribute to the refinement of underwriting workflows, documentation standards, and risk models.

Required:

• Education: Bachelor’s degree in finance, Accounting, Economics, or a related field (MBA or equivalent preferred).
• Experience: Minimum 5–8 years of experience in commercial, small business, or consumer underwriting (depending on product focus).
• Technical Skills:

1. Strong analytical and quantitative abilities.
2. Proficiency in financial spreading and risk rating tools (e.g., Moody’s Risk Analyst, Sageworks, etc.).
3. Advanced Excel and financial modelling skills.

• Knowledge: Deep understanding of loan documentation, collateral valuation, regulatory compliance, and credit policy interpretation.
• Soft Skills: Excellent judgment, attention to detail, communication, and negotiation skills. Proven ability to work cross-functionally in a fast-paced environment. 

Preferred:

• Experience underwriting SBA 7(a) and 504 loans (for SBA-focused roles).
• Prior exposure to commercial real estate, C&I, or asset-based lending.

Company background:

STGI is the Indian subsidiary of Summit Technology Group. We are Bankers, Cloud Engineers and Technologists. Our business helps organizations execute progressive operational and technology strategies. We believe that these strategies should leverage modern public cloud platforms and automation capabilities.