SBA Underwriter (5+ Years Of SBA Experience Required)

Beneficial State Bank - Oakland, CA4.0


Are you a believer and supporter of enriching your community?

If you are, this is the perfect opportunity to join Beneficial State Bankas we revolutionize our local communities thru our outstanding triple bottom line approach toward economic justice, social sustainability and profitability.

About Beneficial State Bank

Beneficial State Bank is not your usual type of bank. Our goal is to change the banking system for the good for all people! We are a triple bottom line B Corp who believes in putting our people #1, the planet #2, and profit #3. Profits from our bank go to our non-profit foundation and given back to the community. We are the change-agent and empowerment to other businesses and nonprofits to become change-agents in delivering meaningful social justice and environmental outcome in the communities we serve.

Our MISSIONis to build prosperity in our communities through beneficial banking services delivered in an economically and environmentally sustainable manner.

Our VISIONis of a banking industry that is fair to the person with the least bargaining power; provides access to financial services for all our communities, particularly the traditionally underserved; results in the long-term prosperity of responsible consumers; promotes financial system stability; and contributes to the sustainability of the environmental commons. We call this vision, beneficial banking.

Job Summary

The SBA Underwriter is responsible for the underwriting and coordination in closing loans of SBA (including C&I, Business Banking and/or Commercial Banking segments by loan exposure amount and/or borrower size) and owner occupied CRE loans. This position is capable of effectively executing larger and complex relationships. SBA Underwriter is also responsible for spreading, managing, and maintaining financial background on present and prospective customers which includes performing special financial statement analysis involving complex and interlocking relationships.

Duties and Responsibilities

  • Underwrites and coordinates in closing ranges of SBA loan structures and complexities
  • Spreads, manages, and maintains the financial backgrounds of present and prospective customers
  • Performs special financial statements analysis involving complex and interlocking relationship
  • Provides support in quality control and consistency in underwriting of new and existing business by being the subject matter expert on forms, process, and execution database and underwriting process
  • Performs portfolio management functions for timely loan renewals, as requested

Requirements and Qualifications

  • Bachelor degree in finance or an equivalent field of education and/or work experience combined
  • 5+ years of SBA underwriting and analysis experience; preferably in a financial institution and banking environment
  • Knowledge and experienced underwriting C&I and CRE loans preferred
  • Demonstrated expertise in core business of C&I and Commercial Banking
  • Familiar with or experienced using Moody’s Analytics and CreditQuest
  • Proven depth knowledge and experience in appraisal methodology and financial statement analysis
  • Computer literacy in Microsoft application: Word, Excel, and Outlook
  • Effective oral, written, and interpersonal communication skills
  • Demonstrated strong analytical and project management skills for various tasks and projects involving multiple facets and variables
  • Excellent organizational and time management skills

Our Benefit Package

We focus on the total team member at Beneficial State Bank and we promote a work-life balance for our employees by offering a competitive benefit package which includes:

  • Vacation/Sick/Holiday
  • 401(K)/FSA/HSA/EAP
  • Education and Adoption Assistance
  • Medical/Dental/Vision/Life/STD/LTD
  • Bank-wide Incentive and Bonus Programs

Beneficial State bank is an affirmative action and equal opportunity employer. Qualified applicants will receive consideration for employment regardless of race, color, religion, sex, national origin, sexual orientation, gender identity, disability or veteran status.

For more information, follow Beneficial State Bank at the listed sites below:

Bank Website:

Press Releases:

Beneficial State Bank Impact:

Just Label:

Best for The World:

Living Wage:

Job Type: Full-time


  • SBA underwriting: 5 years (Required)
  • CRE underwriting: 1 year (Required)
  • C&I underwriting: 1 year (Required)


  • Bachelor's (Preferred)


  • Oakland, CA (Required)

Work authorization:

  • United States (Required)