SBA Senior Underwriter - Tampa, FL

Job Title: SBA Senior Underwriter

Primary Location: 12471 W. Linebaugh Avenue, Tampa, FL  33626

Employee Status: Full-time salary

Workplace Type: Fully On-Site/Hybrid

What You’ll Get: (note varied offerings based on role and hours) 

• Weekly Pay 

• Comprehensive Health & Wellness package including Medical (with prescription coverage), Dental, and Vision 

• Matching Health Savings Account Contributions, Dependent Care flexible spending account (FSA) 

• Retirement options like 401 (k) with company match and pension 

• Paid time off: Vacation, Personal days, paid holidays, paid volunteer time, sick days, & flex time

• Tuition reimbursement 

• To see a full list of our benefit offerings – check out this helpful guide!

About this position: 

The SBA Senior Underwriter is responsible for performing comprehensive credit analysis, including the collection, review, and interpretation of all types of credit information for existing and prospective SBA 7(a), 504, and ITL borrowers. This role works closely with lenders and communicates directly with current and potential clients to obtain required information in support of loan requests. The Senior SBA Underwriter prepares, reviews, and presents complete credit packages in full compliance with SBA SOP guidelines for lender and committee review, supporting informed lending decisions for new, renewal, and extension loans.

What you’ll do:

• Demonstrated ability to independently underwrite complex SBA 7(a) transactions with limited managerial revision.

• Evaluate creditworthiness and collateral for SBA 7(a), 504, and ITL loans, both secured and unsecured; underwrite loan requests and prepare clear, well-supported credit presentations.

• Spread and analyze financial statements within underwriting systems and generate supporting reports for credit analysis and loan presentation.

• Manage assigned loan files independently, including prioritization, lender communication and deadline management.

• Proactively escalate material issues, risks, or approval blockers to management before deadlines may be impacted.

• Independently identify, analyze, and resolve material underwriting issues (including cash flow drivers, affiliate impacts, and structural risks), prior to draft submission.

• Provide underwriting recommendations to the SBA credit manager, lenders, and loan committees to support informed lending decisions.

• Ensures full compliance with SBA SOP guidelines.

• Assist with ongoing loan monitoring, including obtaining updated financial information, ensuring covenant and policy compliance, and preparing annual loan reviews as required.

What You’ll bring:

• Bachelor’s degree in Business Administration, Finance, Economics or other related business study strongly preferred.

• Five years to eight years of SBA 7a underwriting experience.

• Strong understanding of SBA SOP eligibility requirements. 

• Credit training or equivalent classes offered by 3rd party providers (NAGGL, RMA, ABA, banking associations, etc.).

• Strong working knowledge of Microsoft Office, core databases, credit analysis software.

Who We Are: 

We’re proud of our past, thrilled with our present, and couldn’t be more excited about our future! Lake Michigan Credit Union has grown to become one of the largest credit unions in the nation with our headquarters in West Michigan.

As a credit union, LMCU is a not-for-profit institution, owned by its members, instead of corporate stockholders. We are accountable directly to our members, and they directly share in our success – benefitting by lower and fewer fees, better savings and checking interest rates, lower cost mortgages and a host of other advantages that simply don’t exist at traditional banks.

It’s about always doing what’s best and right for our members - it guides everything we do.

From friendly, knowledgeable and professional employees who greet you by name, to offering stellar value at every turn, LMCU works for its members.

Working with LMCU you can grow and advance in your career and work with talented teams that help you become better each and every day.  As an employee you can have confidence in knowing your work is having an impact by supporting our mission of serving our members’ lifetime financial needs. 

You’ll be encouraged to innovate and excel and we're committed to your empowerment as an employee, providing ongoing training, development, support, and opportunities for you to achieve your career goals.

Have additional questions about the role?

You may email us at: [email protected]. 

LMCU is an Equal Opportunity Employer