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Business Loan Underwriter

San Antonio, TX
Business Loan Underwriter

As a Business Loan Underwriteryou will be a key partner in our ability to execute LiftFund's Mission.   To be a Lifter is to believe- that no matter their background- doors should be open for everyone.  We are among the leading community development financial institutions (CDFI) that have a coveted Four-Star rating from Charity Navigator. We support entrepreneurs--that work hard every day--to create a better life for themselves and their families, while providing jobs and services to the communities they serve.  Lifters are working across 15 states to provide affordable, responsible credit, create and sustain jobs, and stabilize communities. Our work transforms lives! 
LiftFund is recognized locally and nationally for our innovation, advisory services, and ability to be at the forefront of redefining the financial services industry at the community level. If you are looking for an opportunity to impact your community—we just might have the role for you!!!

The Business Loan Underwriter support the department by determining the risk of offering a loan and then compares that risk against LiftFund stated parameters to decide whether it’s acceptable.        
Hybrid schedule if located near LiftFund offices 


  • Must have at least two years’ experience in business lending, business loan underwriting, business credit granting, or business credit analysis.
  • A Degree in Accounting, Finance, Economics, or related field
  • Excellent Customer Service and Conflict Resolution experience is required
  • Passion for microfinance and the organizational mission of providing credit to small businesses that do not have access to capital from commercial sources
  • Quantitative thinker with ability to make evaluations based on large number of variables
  • Effective decision-making skills
  • Familiar with standard concepts, practices, and procedures in small business lending
  • Excellent interpersonal, communication, negotiation, organizational and time management skills
  • Experience with Business Income Tax Return Forms
  • Experience with Business Financial Statements
  • Ability to assist and train new employees
  • Ability to identify time sensitive issues and work within time constraints
  • Advanced skills in MS Excel
  • Ability to work a flexible schedule-including travel.
  • Recognize and act in accordance with Lender underwriting and credit granting criteria
  • Analyze the credit worthiness of business loan application. The evaluation includes. Review and analysis of individual credit reports, bank statements, personal and Business financial statements, personal and business tax returns, business plans, financial projections, pay stubs, and all other sources of income
  • Prepare detailed business financial and ratio analysis as needed
  • Review and evaluate collateral and make the necessary conditions and recommendations to execute lien placement and loan agreements in accordance with policy
  • Approve Loans in compliance with lending authority
  • Recommend denials, approvals, or cancellations to proper loan authority. Including write ups of credit memorandums for internal or external committees or agency reviews
  • Coordinate and participate in lending and underwriting staff training sessions
  • Provide excellent customer service and support to LiftFund lending teams on the field
  • Responsible for tracking, monitoring, and servicing special funds and lending programs
  • Conduct all other duties as assigned to support Lead Business Loan Underwriter, VP of Underwriting and Chief Credit Officer as needed. Although not frequent, additional duties may include working weekends or extended hours
  • Highly organized
  • Excellent communicator (verbally, written, emails, nonverbal)
  • Technical experience with Microsoft Suite, Office systems, etc.
  • Detail oriented without losing site of the big picture
  • Advanced interpersonal skills; seeks to understand before being understood
  • Able to learn or understands Legal terminology and documentation
  • Multi-Tasking guru; but able to prioritize what is most important to meet deadlines or expectations
  • Adaptable and flexible to the situation at hand without losing professional manner
  • Applies critical thinking and does not need to be told exactly what to do
  • Team player; able to get along with others, chip in, and support the mission and vision of LiftFund
PREFERRED Skills and Experiences
  • Bilingual abilities in English & Spanish
  • Experience in administrative/office support

What We Offer
A competitive salary, benefit package within 60 days of hire, Federal Holidays, hybrid and remote work opportunities, employee discount program, and much more!

Check us out on Linkedin and at Liftfund.com.   Apply here or at our website.

LiftFund provides equal employment opportunities to applicants and employees without regard to race, color, religion, age, sex, sexual orientation, gender identity/expression, national origin, protected veteran status, disability status, or any other legally protected basis, in accordance with applicable law.


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