Small Business Administration - Underwriter

Application Deadline: 06/19/2026 Address: 142 E. 200 South Job Family Group: Commercial Sales & Service Role Overview We are seeking a Small Business Administration (SBA) Underwriter with experience in SBA lending, including both 504 and 7(a) programs. The ideal candidate will be a collaborative team player with a thorough understanding of SBA Standard Operating Procedures (SOPs) and the ability to apply them effectively in underwriting decisions. Analyzes credit information to support lending decisions and processes for new and existing Commercial banking loans and credit solutions in an assigned portfolio of clients. Makes credit decisions and recommendations in compliance with bank policies and procedures while maintaining an exceptional client service environment. Responsibilities Negotiates loan structures and terms and conditions that align client requirements with the bank risk appetite and policies. Assesses client repayment capacity by utilizing financial models and analytical tools to recommend appropriate loan structures and collateral requirements. Signs off on new, renewal and extension loans within delegated authority. Monitors portfolio to identify deteriorating credit conditions and compliance, analyses metrics, and assesses broader industry trends to spot risks and opportunities. Evaluates portfolio performance and recommends capital allocation strategies that optimize returns with investment objectives. Leads proposal development and delivers presentations to capture new business and expand client relationships. Networks with industry contacts to gather competitive insights and best practices. Develops and executes business development plans focused on enhancing client relationships and growth opportunities within the portfolio. Builds and maintains client relationships to ensure long‑term financial performance in collaboration with Relationship Manager and business partners. Structures and supports new, renewal and extension loans aligned with client needs and bank & risk policies. Conducts financial analysis and risk assessments of clients' credit information, for an assigned portfolio, to provide insights and make informed decisions. Monitors the portfolio performance for assigned portfolio of Commercial Banking clients on an ongoing basis, taking corrective action when required. Minimizes BMO's risk exposure by adhering to credit policies, regulatory standards, and operational guidelines. Serves as a point of contact for service requests, ensuring expectations are consistently met or exceeded. Escalates issues when needed. Supports and implements initiatives to enhance service quality, acquire new business and expand client relationships. Identifies revenue and cross‑selling opportunities to enhance portfolio growth. Identifies share of wallet opportunities. Leverages analysis tools to nurture and grow a portfolio that exceeds ROE thresholds and evaluates client returns on a proactive basis. Manages timely and accurate data entry into BMO's systems and leverages the data to support decision‑making. Focus is primarily on business/group within BMO; may have broader, enterprise‑wide focus. Provides specialized consulting, analytical and technical support. Exercises judgment to identify, diagnose, and solve problems within given rules. Works independently and regularly handles non‑routine situations. Broader work or accountabilities may be assigned as needed. Qualifications Preferred 5 – 7 years of relevant experience in credit or lending instruments or financial operations in a corporate or banking environment. Credit qualifications and associated knowledge and skills according to the credit portfolio requirements and qualification standards (if a Credit Qualifiable job). Bachelor's degree required; Business Administration, Finance and Accounting preferred. Any other related discipline or commensurate work experience considered. Deep knowledge and technical proficiency gained through extensive education and business experience. Proficiency Levels Foundational Structuring Deals Advanced Problem Solving Collaboration Detail‑Oriented Customer Service Loan Structuring Regulatory Compliance Portfolio Management Credit Risk Assessment Banking Operations Microsoft Office Expert Financial analysis Compensation Salary: $88,800.00 – $165,600.00. Pay Type: Salaried. Salaries may vary based on location, skills, experience, education and qualifications and may include a commission structure. Part‑time roles will be pro‑rated. For commission roles, the salary listed represents the expected target for the first year. Total compensation may include performance‑based incentives, discretionary bonuses and other perks and rewards. BMO offers health insurance, tuition reimbursement, accident and life insurance, and retirement savings plans. Benefits To view more details of our benefits: https://jobs.bmo.com/global/en/Total-Rewards EEO & Accommodations BMO is proud to be an equal employment opportunity employer. We evaluate applicants without regard to race, religion, color, national origin, sex (including pregnancy, childbirth, or related medical conditions), sexual orientation, gender identity, gender expression, transgender status, sexual stereotypes, age, status as a protected veteran, status as an individual with a disability, or any other legally protected characteristics. We also consider applicants with criminal histories consistent with applicable law. BMO is committed to providing reasonable accommodations to individuals with disabilities. If you need a reasonable accommodation, please send an e‑mail to BMOCareers.Support@bmo.com. #J-18808-Ljbffr