Team Lead, Credit Underwriter

NewtekOne®, Your Business Solutions Company®, is a financial holding company, which along with its bank and non-bank consolidated subsidiaries, provides a wide range of business and financial solutions under the Newtek® brand to the small- and medium-sized business ("SMB") market. Since 1999, Newtek has provided state-of-the-art, cost-efficient products and services and efficient business strategies to SMB relationships across all 50 states to help them grow their sales, control their expenses, and reduce their risk.

Newtek's and its subsidiaries' business and financial solutions include: banking (Newtek Bank, N.A.), Business Lending, Electronic Payment Processing, Technology Solutions (Cloud Computing, Data Backup, Storage and Retrieval, IT Consulting), eCommerce, Accounts Receivable Financing & Inventory Financing, Insurance Solutions, Web Services, and Payroll and Benefits Solutions.

ESSENTIAL FUNCTIONS AND RESPONSIBILITIES:

• Assist Credit Managers in supervising Underwriting Team regarding credit memorandums, credit modifications, and SBA forms reviews
• Coach, train, mentor and evaluate underwriters regarding credit analysis, credit processes and policy, and product knowledge
• Assist Credit Managers to achieve performance metrics in relation to production and loan quality
• Review loan files and prepare detailed underwriting and risk analysis of loan requests for presentation to Credit Committee
• Conduct initial review of incoming loan packages by determining creditworthiness and compliance
• Submit and present findings to Credit Committee
• Participate in audits with respect to the company's credit and collections policies

Requirements:

Successful candidate will possess the following Knowledge, Skills and Abilities:

• It is desirable that the candidate have CRE, C&I and SBA regulatory training & experience regarding 7A and 504 SBA loans
• Minimum of 7 years of underwriting experience
• Minimum of 2 years of management or Team Lead experience
• Formal Bank Credit training preferred
• Strong analytical, organizational and decision-making skills.
• Strong verbal and written communication skills are required
• Advanced knowledge of Excel and other Microsoft applications