Small Business Loan Underwriter

Position Overview:

This position description covers underwriting positions for Direct, Indirect, or Small Business Lending. This position is primarily responsible for new loan application analysis, underwriting, and declination review, noting that the importance of this function impacts long-term company goals and objectives. The incumbent plays a major role in the acquisition of loan assets utilizing appropriate risk management discipline.

Upon successful completion of the department's introductory period of a minimum of 90 days, this position may be eligible for a full work-from-home schedule, subject to business needs and departmental guidelines.

Primary Responsibilities:

Reviews loan applications from consumers and small businesses within the Bank’s delivery channels or directly through dealer channels to evaluate the degree of risk involved and determine the acceptance of applications. Verifies all application information for accuracy and completeness through validation of loan data against documentation provided.

Pays appropriate attention to proper ordering of documentation to lessen the Bank’s potential risk of loss considering a broad array of credit-related information including repayment capacity, collateral valuations, credit histories, other banking relationships, and regulatory impact in reaching final credit decisions.

Develops and administers a portfolio of loans by analyzing applications and credit reports and obtaining approvals within established lending authority and guidelines. Evaluates the quality of credit applications in order to originate a profitable loan portfolio, protect the Bank from loss, and provide high-quality service.

Meets the Bank’s credit quality, profitability, growth, and service objectives according to established guidelines and procedures while maintaining acceptable delinquency and loss ratios.

Develops partnerships with loan processors and Bank branch personnel to improve overall customer satisfaction. Maintains customer relationships developed by loan originators, including Bank branch personnel and Business Development Officers.

Performs tax return analysis and financial statement review to evaluate borrower repayment capacity. Obtains and compiles credit histories, business and personal financial statements, tax returns, collateral valuations, and other financial information necessary for credit decisioning.

Analyzes and structures commercial credit transactions, including but not limited to Commercial & Industrial (C&I) loans, investment real estate loans, working capital lines of credit, equipment financing, and vehicle loans.

Resolves customer and branch inquiries by investigating issues, documenting information, and recommending solutions that comply with regulatory requirements and Bank policies and procedures.

Performs operational duties such as ensuring lien perfection, insurance protection, and compliance with established loan policies and regulatory requirements.

Takes responsibility for compliance with Bank policies and procedures related to underwriting and credit administration. Complies with regulations regarding loan approvals, declinations, and required customer notifications within established timeframes.

Approves loans up to and including assigned lending authority.

Performs other related duties and projects as assigned.

All employees have the responsibility and accountability to serve as risk managers for their businesses by understanding, reporting, responding to, managing, and monitoring the risks they encounter daily as required by F.N.B. Corporation’s risk management program.

F.N.B. Corporation is committed to achieving superior levels of compliance by adhering to regulatory laws and guidelines. Compliance with regulatory laws and company procedures is a required component of all position descriptions.

Minimum Education:

BA or BS

Minimum Years Experience:

3

Special Skills:

• Excellent project management skills
• Excellent communication skills, both written and verbal
• Excellent organizational, analytical, and interpersonal skills
• Excellent customer service skills
• Ability to use a personal computer and job-related software
• Commercial analytical and underwriting experience in structuring commercial loans preferred, including but not limited to Commercial & Industrial (C&I) loans, investment real estate, working capital lines of credit, equipment financing, and vehicle loans
• MS Word – Basic Level
• MS Excel – Intermediate Level
• MS PowerPoint – Basic Level

Special Licenses and Certificates:

N/A

Physical Requirements:

N/A

Preferred Qualifications:

• Commercial analytical and underwriting experience.
• Experience structuring commercial credit facilities, including Commercial & Industrial (C&I) loans, investment real estate loans, working capital lines of credit, equipment financing, and vehicle loans.
• Experience analyzing business financial statements, tax returns, and cash flow to support sound credit decisions.
• Ability to assess repayment capacity, collateral strength, and overall credit risk in support of prudent lending decisions.