SENIOR SBA UNDERWRITER - Roseville, CA

Summit State Bank is an award-winning Community Bank whose core values are based on making a positive impact on our employees, customers, and the communities we serve. Our employees are important to us; we provide rewarding career paths with competitive pay and excellent benefits. If you want to work for a Community Bank that values you and your contributions, we encourage you to apply.

We are looking for a full-time Senior SBA Underwriter to join Summit State Bank team at our Small Business Lending Office in Roseville, CA. This position analyzes commercial and personal credit information from borrowers and guarantors to determine risk involved in lending money to new and existing small business, commercial real estate, and construction clients.

ESSENTIAL DUTIES AND RESPONSIBILITIES

• Review loan submissions for adequacy of information and financials, to verify that application data is complete and meets establishment standards.
• Underwrite loan requests up to $20MM of low to high complexity by preparing credit authorizations and detailed credit analysis conforming to and in compliance with Summit State Bank loan underwriting standards.
• Perform and document risk assessment on loan requests. Verify accuracy of information provided.
• Work directly with Lenders/Relationship Managers and, when needed, Borrowers to discuss issues, ask questions and make financial and covenant recommendations as necessary.
• Review and analyze appraisal assumptions and methodologies; incorporate appraisal information into Bank credit authorization. Evaluate and verify all collateral on all secured loans and prepare reports of findings.
• Work closely with all parties to assist in timely processing, credit approval, and closing of loan requests.
• Work closely with Loan Ops Department to ensure procedures are followed in the closing and funding of the loans.
• Perform financial analysis for financial covenant testing and annual term loan reviews.
• Recommend and draft one-time and permanent waivers for RM and/or Managing Underwriter review.
• Clear ticklers, and draft default letters for RM and/or Managing Underwriter review.
• Construction Lending -

o Perform all aspects of General Contractor analysis and qualification

o Create and maintain budget spreadsheets

o Coordinate draw funding with Loan Ops staff

• Work independently with little or no oversight on low to moderately complex duties.
• Work closely with Underwriting Manager and Chief Credit Officer on highly complex issues.
• Position is considered experienced and may be expected to provide training, coaching and mentoring.
• Other duties may be assigned.

EDUCATION/EXPERIENCE

Bachelor's degree (B.A) from four-year college or university and a minimum of six years of commercial underwriting experience; or equivalent combination of education and experience.

Benefits

Summit State Bank offers a highly competitive benefits package designed to support our employees' health, financial well-being, and professional growth. We proudly provide 100% employer-paid medical, dental, and vision coverage for employees, along with employer contributions toward a portion of dependent coverage premiums.

Our comprehensive benefits also include Flexible Spending Accounts (FSA) - with employer matching contributions of up to $2,500 annually for Dependent Care FSA accounts - as well as employer-paid Life, AD&D, and Long-Term Disability coverage. Employees receive employer HSA contributions of up to $4,000 annually if enrolled in a HDHP and have access to a 401(k) plan with employer matching contributions.

We are committed to investing in our employees' success through tuition reimbursement, wellness resources, internal mentorship programs, and paid volunteer time off. In addition, all full-time employees receive a minimum of three weeks of paid vacation annually, supporting a healthy work-life balance.

Pay Range: $96,000-$128,000/annually

All applicants should apply on our website: https://www.summitstatebank.com/careers.php.

Summit State Bank is an Equal Opportunity/Affirmative Action Employer and provides equal employment opportunities to all employees and applicants for employment and prohibits discrimination and harassment of any type without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state or local laws.