SBA Underwriting Manager

$120,700 - $142,000/Yr

US Bank - Chicago, IL

Full-time - Senior

Chicago, IL

Credit Intermediation and Related Activities

About the position

At U.S. Bank, we're on a journey to do our best. Helping the customers and businesses we serve to make better and smarter financial decisions and enabling the communities we support to grow and succeed. We believe it takes all of us to bring our shared ambition to life, and each person is unique in their potential. A career with U.S. Bank gives you a wide, ever-growing range of opportunities to discover what makes you thrive at every stage of your career. Try new things, learn new skills and discover what you excel at—all from Day One. The SBA Underwriting Manager is responsible for managing and coordinating the activities of the assigned Business Banking Underwriting department. This role ensures quality service and effective support for all internal and external customers. The manager accomplishes results through the effective management of staff that may range from lower-level non-exempt to exempt-level professionals. The position requires administering corporate policies and procedures while ensuring compliance with applicable laws and regulations. The manager will conduct the underwriting review process in a manner designed to minimize the bank's risk while employing problem resolution techniques in approving loans. Additionally, the manager provides support and training for all staff, including underwriting guidelines for underwriting staff.

Responsibilities

• Manage and coordinate activities for the Business Banking Underwriting department.
• Ensure quality service and effective support for all internal and external customers.
• Administer corporate policies and procedures and ensure compliance with applicable laws and regulations.
• Conduct underwriting review processes to minimize the bank's risk while approving loans.
• Provide support and training for all staff, including underwriting guidelines for underwriting staff.

Requirements

• Bachelor's degree or equivalent work experience.
• Typically eight to ten years of related experience.
• Effective supervisory and management skills in the Business Banking or Commercial Underwriting space.
• SBA Lending experience and thorough knowledge of SBA SOP.
• Expert level of knowledge of all underwriting functions.
• Strong organizational, managerial, and problem-solving skills.
• Well-developed customer relations skills.
• Proficient interpersonal, verbal, and written communication skills.
• Advanced knowledge of credit policies, credit analysis, procedures, and philosophy.
• Strong analytical skills in relation to evaluating asset utilization and goals.
• Demonstrated analytical and risk analysis skills.
• Demonstrated management and leadership skills.
• Proficiency in nCino, Moody's Credit Lens, and Microsoft Suite preferred.

Benefits

• Disability insurance
• Health insurance
• Dental insurance
• 401(k)
• Adoption assistance
• Parental leave
• Vision insurance
• 401(k) matching
• Flexible schedule
• Life insurance