SBA Underwriter

Who We Are

Cross River is a highly profitable, fast-growing financial technology company powering the future of financial services. Our comprehensive suite of innovative and scalable embedded payments, cards, and lending products deliver financial services for millions of businesses and consumers around the globe. Cross River is backed by leading investors and serves the world’s most essential fintech and technology companies. Together with its partners, Cross River is reshaping global finance and financial inclusion. 

We are on a mission to build the infrastructure that propels access, inclusion, and the democratization of financial services. While our company has tripled in size over the last three years, our strong sense of purpose led Cross River to be named to American Banker’s list of Best Places to Work in Fintech for the last 6 years. The reason for this success is simple – our nimble and collaborative family culture lives in every member of our growing team. Together we are at the forefront of technology and innovation, and we invite passionate, collaborative, and motivated high performers to join our expanding team.

What We're Looking For

Cross River’s SBA Loan team sources, originates, and services portfolios of SBA Business loans of all types, 7(a), Sub-350, SBA LOC Express, and 504 loans and as an SBA Loan Underwriter, you play a key role.  We are looking for an SBA Underwriter to support our growing business by collaborating with clients, professionals and the team in order to prepare reports and provide recommendations on loan requests. 

The SBA team cares about results, not activity, and we have fun doing it. If you like CHALLENGING PROBLEMS, ARE ANALYTICAL, WILLING TO TAKE CHARGE AND A GREAT TEAM PLAYER—we want to hear from you!

Responsibilities:

• Conduct in-depth analysis of financial information to form a recommendation of approval or denial of new loans.
• Present analysis and recommendation  for final approval.
• Collaborate with customers, Business Development Officers and third-party providers to gather all necessary information to present an accurate and complete picture of the loan presented.
• Maintain superior level of customer service with customers, bank employees and department members.

Qualifications:

• Bachelor’s degree in Accounting, Finance and/or equivalent experience.
• Minimum of five years of underwriting experience in SBA lending.
• Strong knowledge of commercial banking credit policies and procedures, credit/financial statement analysis, loan structuring and cash flow analysis.
• Advanced working knowledge of accounting principles, tax return analysis and analytical interpretation of balance sheet and income statement analysis and cash flow.
• Strong verbal and written communication skills in a commercial bank environment.
• Demonstrated effective people skills.
• Effective business writing and professional skills.
• Strong working knowledge of Microsoft Word and Excel.

#LI-JJ1 #LI-Onsite #LI-Hybrid

Salary Range: $100,000.00 - $130,000.00