Commercial Credit Underwriter - Acquisition & Wholesale

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.

The Commercial Credit Underwriter - Acquisition and Wholesale will be responsible for evaluating the financial strength of borrowers, analyzing collateral and market risk, and ensuring transactions align with the company's credit policies and risk appetite. The ideal candidate will have a strong background in Commercial & Industrial (C&I) and Commercial Real Estate (CRE) loan underwriting.

The successful candidate will work closely with originations, credit, and executive leadership to support timely and sound credit decisions that drive portfolio growth while maintaining asset quality.

Essential Functions and Responsibilities: (other duties may be assigned as needed)

• Underwrite acquisition and wholesale transactions, including structured financing, loan purchases, and participations.


• Conduct financial analysis of borrowers, guarantors, and counterparties, with emphasis on C&I and CRE credit exposure.


• Assess loan structure, collateral value, and repayment sources to ensure creditworthiness and compliance with internal policies and regulatory requirements.


• Prepare complete credit memos and present timely findings and recommendations to the credit committee.


• Collaborate with origination and Chief Investment Officer to identify credit risks and establish policy compliance and pricing.


• Review and analyze third-party reports such as appraisals, environmental assessments, and rent rolls.


• Support due diligence and documentation for loan purchases, participations, and acquisitions.


• Contribute to process improvement initiatives to streamline underwriting efficiency and enhance credit quality.

Knowledge, Skills, and Abilities:

• 5+ years of experience in credit analysis or underwriting, with direct exposure to C&I and CRE lending.


• Demonstrated experience underwriting acquisition or wholesale transactions, including secondary market or loan purchase activity is preferred.


• Strong understanding of financial statement analysis, cash flow modeling, and collateral valuation.


• Familiarity with credit policy development, risk grading systems, and regulatory compliance requirements.


• Excellent written and verbal communication skills, with the ability to present complex credit concepts clearly and concisely.


• Proficient in Microsoft Excel and financial modeling; experience with loan origination or underwriting systems preferred.


• Detail-oriented, analytical, and able to manage multiple priorities in a fast-paced environment.

Salary range: $80,000 - $130,000 annually.

NewtekOne is an Equal Opportunity Employer; M/F/D/V. We require all of our employees to work in an ethical manner and uphold our Code of Business Conduct and Ethics at all times.