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Location Dorchester, United States Category Other Positions Date posted 16/07/2021 Job ID 2103025
Underwriter - Small Business Banking-2103025


The Underwriter in Small Business Banking underwrites safe and sound loans in an expedient manner through a review process of analyzing and evaluating income, assets, liabilities, and property The incumbent carefully assesses and evaluates the risk of financing requests within the framework of the organization's credit culture and current economic and industry trends. S/he reviews self-employed, corporate, and partnership tax returns, profit and loss, as well as financial statements to ascertain borrowers' income; ensures loans are in compliance with the organization's underwriting standards and all applicable state and federal laws, rules, and regulations.


  • Analyzes collateral, credit, and loan risk
  • Communicates with internal and external parties to ensure all appropriate information has been received from borrowers to best evaluate loan requests and ability to repay as stated
  • Manage pending applications within Loan Origination System (LOS) queues as directed
  • Conducts credit analysis on each loan applications including review of tax returns (personal and business), cash flow analysis, debt-ratio calculations, credit-scoring, and collateral valuations
  • Handles data input, reporting, servicing
  • Receives and reviews incoming loan application requests and supporting documentation delivered through managed electronic lending portals, queues or other avenues of receipt
  • Reviews mortgage applications and credit
  • Reviews mortgage loan documents
  • Underwrites and processes loans depending on department need to meet stated service levels
  • Utilizes department policies & guidelines, in addition to cognitive thinking, to build profitable, performing secured and unsecured loans
  • Works closely with banks for financing


EDUCATION - Bachelor's Degree; in Finance, Accounting, Management, Economics or equivalent field, or equivalent work experience

WORK EXPERIENCE - 5-9 years of underwriting; preferable in Small Business Banking


  • Ability to apply concepts, such as fractions, percentages, ratios, and proportions, to practical situations
  • Ability to define problems, collect data, establish facts, and draw valid conclusions
  • Ability to effectively present information and respond to questions from groups of managers, members, and the general public
  • Ability to work with mathematical concepts, such as profitability and statistical inference
  • Capacity to complete the project on time
  • Detail-oriented, common sense decision-making; above-average oral, written, and communications skills
  • Excellent member service skills
  • Knowledge of underwriting and experience with all underwriting procedures
  • Knowledge of nCino software
  • Organized and self-sufficient

PHYSICAL DEMANDS - Minimal physical effort such as sitting, standing, and walking

At Santander, we value and respect differences in our workforce and strive to increase the diversity of our teams.  We actively encourage everyone to apply.



Primary Location

:Massachusetts-Dorchester-2 Morrissey Boulevard - 06367 - Columbia Park-Corp


:Consumer & Business Banking (1001)



Job Posting

:Jul 16, 2021, 3:51:48 PM

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