Small Business Underwriter

Cambridge Savings Bank is a full-service banking institution committed to improving the financial well-being of its customers and communities. They are seeking a motivated Small Business Underwriter to evaluate and underwrite Small Business credit requests, balancing sound risk management practices while supporting the growth of the Bank’s Small Business lending portfolio.

Responsibilities

• Underwrite and analyze Small Business loan requests including:
• Term loans
• Lines of credit
• SBA Loans
• Equipment financing
• Commercial Real estate loans
• Review and analyze:
• Business and personal tax returns
• Financial statements
• Cash flow and debt service coverage
• Collateral and guarantor support
• Industry and market risks
• Prepare clear and concise credit memorandums summarizing borrower strengths, key risks, repayment analysis, and structure recommendations
• Assess credit quality in accordance with Bank credit policy, regulatory guidance, and prudent lending standards
• Partner with Relationship Managers and branch personnel to structure transactions that appropriately balance customer needs and risk mitigation
• Utilize various systems (such as nCino, Salesforce, etc.) to manage loan underwriting workflows and documentation
• Support portfolio management activities including annual reviews, covenant monitoring, and ongoing risk assessment
• Maintain strong knowledge of commercial lending products, financial analysis techniques, and SBA lending guidelines
• Communicate effectively with internal partners including Credit Administration, Loan Servicing, Compliance, and Senior Management
• Perform additional duties as required

Skills

• Bachelor's degree in Finance, Accounting, Business, Economics, or related field
• 0–5 years of experience in small business or commercial credit analysis, business banking, underwriting, or related financial services experience
• Strong analytical, organizational, and problem-solving skills
• Excellent written and verbal communication abilities
• Ability to manage multiple priorities in a fast-paced environment
• Proficiency in Microsoft Excel and other Microsoft Office applications
• Understanding of financial statement analysis and business cash flow concepts
• Experience with nCino or other business lending systems
• Familiarity with SBA lending programs

Benefits

• Healthcare
• Parental planning
• Mental health benefits
• Performance bonus opportunities
• A 401(k) plan and match
• Flexible time off

Company Overview