This position is eligible for a base salary and an annual, performance-based bonus.
4 Year Degree
Internal Number: 2023-15061
PlainsCapital Bank is looking to hire an experienced SBA Credit Underwriter for our Dallas-based team.
The SBA Underwriter is responsible for underwriting SBA 7a and 504 originations, modifications and servicing actions. The SBA Underwriter also performs portfolio monitoring activities as needed and is responsible for administering the Bank’s small business lending platform, working closely with the SBA Credit Officer and SBA Director.
This position is located in North Dallas at 18111 Preston Road, Dallas, TX 75252. Our benefits include 11 Paid Holidays, 15+ days of PTO, 401k Matching, Health Benefits, and more. You can learn more about our benefits here: https://careers.hilltop-holdings.com/benefits
Underwrite SBA 7a and 504 loan requests to ensure they adhere to the Bank’s and SBA’s credit policies and procedures.
Prepare cash flow, spreads, sensitivity testing, financial and industry analysis as appropriate to verify business’s ability to service debt.
Evaluate the creditworthiness of prospective Borrower(s) and Guarantor(s).
Analyze proposed collateral for sufficiency and compliance with Bank’s and SBA’s lending standards.
Analyze third-party reports and other due diligence documentation to ensure support of credit recommendations.
Determines whether the proposed loan, as structured, conforms to the Bank’s and SBA’s current lending parameters and eligibility requirements
Communicate with Lenders concerning applicant's creditworthiness and/or additional needs items to finalize analysis.
Prepare a detailed loan write-up including cash flow analysis, business and guarantor analysis, collateral analysis, and detail all conditions that underwriting is imposing on the closing or funding of the loan.
Responsible for reviewing and/or drafting term letters; ensuring that the terms and conditions of the loan approval are accurately reflected
Review SBA loan documents for accuracy and conformance with SBA authorization and loan approval
Provide support to SBA Loan Closers and Loan Servicing to ensure loan all pre and post-closing conditions are met and the loan is closed and boarded smoothly and accurately
Underwrite and recommend approval/denial of loan modifications and servicing requests
Promote and provide excellent customer service by effectively communicating and cooperating with all internal and external customers
Provide support in the acquisition of new clientele and the maintenance of existing relationships; promote close working relationships with clients
Maintain a thorough understanding of the Bank’s lending objectives, credit policies and procedures, underwriting guidelines, and various lending products. Understands and complies with requirements of all laws and regulations applicable to the position.
Complete tasks created by workflow items from Small Business Lending Platform
Administration of Small Business Lending platform (work with vendor on any platform/application issues, review/respond to workflow errors, work/delegate workflow items that need to be addressed outside of the system)
Other duties as required.
The above statements are intended to describe the general nature and level of work being performed by individuals in, or assigned to, the above position and are not intended to be construed as an exhaustive list of all responsibilities, duties and skills required, and may be changed at the discretion of the Company.
Bachelor’s degree in Business related field required. Strong preference for Finance or Accounting major or concentration.
2 or more years’ experience underwriting SBA 7a and 504 loans with proven ability to comprehend, analyze, and interpret information regarding financial statements, tax returns, and other information for the more complicated commercial loan transactions
Completion of a formal Credit Training program at a large bank is a plus
Deep understanding of Small Business Administration’s Standard Operating Procedures and the ability to stay up to date of current and changing regulations related to the banking industry, SBA 7a, and 504 loan programs.
Excellent verbal, written and interpersonal communication skills with the ability to interact with all levels of customers, clients, vendors, and internal partners.
Excellent PC skills, including word processing and spreadsheets via Microsoft Office products as well as custom applications and systems.
Excellent analytical, time management, organizational and problem-solving skills with the ability to manage multiple projects and work in a deadline-driven, dynamic environment.
Must be self-motivated with strong initiative, accountability, and attention to detail with the ability to work both independently and as a member of a team.
For more than 30 years, PlainsCapital Bank has served our fellow Texans, providing them with the momentum they need to reach their financial goals. Over the years, we’ve built a legacy of outstanding service, expertise and integrity. As a part of the Hilltop Holdings (NYSE: HTH) family of companies—which also includes PrimeLending and HilltopSecurities—we’re backed by the strength and stability of $16.6 billion in assets as of Oct. 20, 2022.
From our humble beginnings with a single branch in West Texas, we’ve grown to become to the fifth-largest Texas-based bank by deposits. Headquartered in Dallas, we employ more than 1,100 people in 59 locations spanning major markets throughout the state.
As a midsize Texas-based bank, we’re big enough to offer a full-suite of commercial and consumer products and services, but small enough to maintain an intimate knowledge of our customers’ financial needs. Our size also keeps us agile, enabling us to make timely, considered decisions when needed.
Our bankers are experienced in all types of banking and lending—from commercial and industrial to real estate and small business. We pride ourselves on being a dedicated partner and a single p...oint of contact for our customers, helping them navigate all of their financial needs.
When you join PlainsCapital, you’re part of a family that spans across Texas. And we do everything we can to make you feel at home.