SBA Underwriter / Underwriter, SR

SBA Underwriter / Underwriter, SR

Job Locations

US-MN-Eagan

Category / Function

Lending / Commercial / Consumer / Credit

Position Type

Regular Full-Time

Requisition ID

2025-18756

Workplace Type

On Site

Overview

Old National Bank has been serving clients and communities since 1834. With over $70 billion in total assets, we are a regional powerhouse deeply rooted in the communities we serve. As a trusted partner, we thrive on helping our clients achieve their goals and dreams, and we are committed to social responsibility and investing in our communities through volunteering and charitable giving.

We continually seek highly motivated and talented individuals as our people are critical to our success. In return, we offer competitive compensation with our salary and incentive program, in addition to medical, dental, and vision insurance. 401K, continuing education opportunities and an employee assistance program are also included in our benefit suite. Old National also offers a variety of Impact Network Groups led by team members who are passionate about driving engagement, creating awareness of diverse backgrounds and experiences, and building inclusion across the organization. We offer a unique opportunity to join a growing, community and client-focused company that is firmly rooted in its core values.

Responsibilities

Job Summary

The SBA Underwriter performs credit underwriting to support the loan origination process for SBA loans, while adhering to credit risk standards.

Salary Range

The salary range for this position is $51,700. / Yr. - $153,000 / Yr. Final compensation will be determined by location, skills, experience, qualifications and the career level at which the position is filled.

Key Accountabilities

SBA Credit Underwriting

Underwrites loans with aggregate credit exposure based on complexity limits.

• Compiles, analyzes, and documents loan data and credit risk, borrower and property information, and coordinates activity in support of credit approval process.
• Investigates credit standards and determines credit worthiness and understands financial statements and reports for specific area of business.
• Performs research and analysis related to loan projects, such as industry studies and management reports, when necessary.

SBA Credit Underwriting (SR Position Only)

Key Competencies for Position

Makes Decisions & Solves Problems - Seeks deeper understanding and takes action.

Strategy in Action - Build your strategic mindset capability.

Promotes Change - Seeks to understand and embrace change.

Compelling Communication - Openly and effectively communicates with others.

Qualifications and Education Requirements

SBA Underwriter roles may vary - this position may be filled at a different level depending on the candidate's qualifications and relevant experience. Factors may include but are not limited to : previous SBA experience, depth and breadth of previous or current institution size - the same role for many years or a variety of roles in the same space over a number of years, skills, knowledge, underwriting expertise, previous performance and success factors, proven ability to collaborate to achieve sales targets year over year, education / certification / training (NAGGL desired), length of time in SBA industry as well as familiarity and expertise with in SBA 7a loan documentation and credit collateral procedures and SBA Standard Operating Procedures.

Key Measures of Success / Key Deliverables

FOR INTERNAL USE Additional Qualifications and Education Requirements (SR Position Only)

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If you're qualified for a position but need additional help with the application because of a disability, please email HRservices@oldnational.com (This email will respond to accommodation requests only.)