Associate Underwriter, SBB

We are seeking an Associate Underwriter to join our team at Live Oak Bank. The Associate Underwriter will analyze deals to determine if they are prudent loans for the Bank and the borrower. The role requires a deep understanding of commercial lending policies and SBA Program rules and procedures. The ideal candidate will have a strong work ethic, adaptability, and pride in their work. The role is a critical part of the loan process and impacts the Bank by fulfilling a critical part of the loan process to move deals from proposal to credit approval.

Requirements

• Bachelor's degree or equivalent experience
• Banking experience preferred
• Ability to develop customer relationships through friendly, courteous, and responsive service
• Ability to evaluate sources of repayment on loan requests and do a competition analysis
• Ability to develop expertise in use of Bank loan systems
• Ability to ensure that all documents required for the credit approval of the loan transaction are uploaded to Bank’s Loan Origination System

Benefits

• Annual bonuses
• Long-term incentives
• Paid sick leave (at least the minimum requirement)