Job Description

As the SBA Wholesale Underwriter, you will be responsible for reviewing and underwriting SBA loan requests under Commercial Credit Policy and the SBA Standard Operating Procedures (SOP) up to TCL $5MM. The incumbent will be responsible for underwriting and making recommendations based on sound credit judgment with particular emphasis on adherence to credit policy, SBA eligibility and requirements, bank’s risk culture, financial analysis/modeling, risk evaluation and mitigation, and proper loan structuring. This role is responsible for underwriting and recommending for approval within SLAs and meeting production requirements. The SBA Wholesale Underwriter will independently interact with senior management, sales team, credit products manager and credit officers in order to discuss and resolve risk related issues. This role independently reviews financials, proposed loan structure, collateral and due diligence and makes recommendations of new money requests for approval. Aggressively seeks alternative means of financing or counter offers for all borrowers when it is determined that the original request cannot be accommodated. This role will perform the functions of the position with periodic oversight and is expected to perform with reasonable to general supervisory intervention. They will be responsible for underwriting the simple and complex relationships within the group.

Primary responsibilities include

• Evaluates appropriateness of loan structure with Relationship Managers and Credit Product Manager as needed to meet client needs for new loans while ensuring Citizens’ credit risk profiles are maintained.
• Assumes responsibility to protect and preserve the integrity of Citizens’ risk appetite while accurately assessing and managing risk.
• Assures compliance with Commercial credit policy and risk acceptance criteria.
• Assures compliance with all SBA rules and eligibility requirements
• Effectively maintains high quality credit file documentation in a paperless environment.
• Applies credit skills, product knowledge, industry analysis, and sound judgment to assess and manage credit risk effectively.
• Exhibits knowledge of various types of loan terms, structures, and conditions and understanding of loan documentation.

Qualifications, Education, Certifications and/or Other Professional Credentials

• Bachelor's Degree Required
• 5+ years of experience and exhibited competency in various aspects of commercial lending /portfolio management including financial analysis and credit structuring, understanding and applying credit policy, and credit monitoring and risk administration practices. Expected to have some level of credit and documentation experience. Must be skilled in proposing, negotiating and recommending credit and covenant structures and must demonstrate practical and conceptual knowledge of credit and risk analysis.
• 5+ years direct SBA lending experience

Hours & Work Schedule

• Hours per Week: 40
• Work Schedule: M-F

Pay Transparency

The salary range for this position is $118,000 - $146,000 per year, plus an opportunity to earn an annual discretionary bonus. Actual pay is

based on various factors including but not limited to the budget, work location, and relevant skills and experience.

We offer competitive pay, comprehensive medical, dental and vision coverage, retirement benefits, maternity/paternity leave, flexible work

arrangements, education reimbursement, wellness programs and more. Note, Citizens’ paid time off policy exceeds the mandatory, paid sick or paid

time-away policy of every local and state jurisdiction in the United States. For an overview of our benefits, visit

https://jobs.citizensbank.com/benefits.

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Equal Employment Opportunity

Citizens, its parent, subsidiaries, and related companies (Citizens) provide equal employment and advancement opportunities to all colleagues and applicants for employment without regard to age, ancestry, color, citizenship, physical or mental disability, perceived disability or history or record of a disability, ethnicity, gender, gender identity or expression, genetic information, genetic characteristic, marital or domestic partner status, victim of domestic violence, family status/parenthood, medical condition, military or veteran status, national origin, pregnancy/childbirth/lactation, colleague’s or a dependent’s reproductive health decision making, race, religion, sex, sexual orientation, or any other category protected by federal, state and/or local laws. At Citizens, we are committed to fostering an inclusive culture that enables all colleagues to bring their best selves to work every day and everyone is expected to be treated with respect and professionalism. Employment decisions are based solely on merit, qualifications, performance and capability.

Equal Employment and Opportunity Employer

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Background Check

Any offer of employment is conditioned upon the candidate successfully passing a background check, which may include initial credit, motor vehicle record, public record, prior employment verification, and criminal background checks. Results of the background check are individually reviewed based upon legal requirements imposed by our regulators and with consideration of the nature and gravity of the background history and the job offered. Any offer of employment will include further information.