About this role
To evaluate and underwrite business loan applications. To oversee and collect pertinent supporting underwriting information to ensure the completion of all necessary financial analysis. To present loan packages beyond approval authority to senior management, as well as assisting with the closing of business loans and monitoring subsequent financial information of Navy Federal business loan borrowers according to specific state and federal requirements to limit risk exposure to Navy Federal's business portfolio.
- Excellent understanding of business underwriting principles and concepts
- Familiarity with the various concepts used to derive a cash market value for any business and of the difference between cash flow from operations, cash flows from investing and cash flows from financing activities
- Good working knowledge of the means of collecting supporting information for the underwriting of business loans and the factors/metrics that go into properly evaluating the risks associated with different types of businesses
- Excellent understanding of financial ratios and concepts - such as liquidity, leverage, coverage, and operating ratios - and the concept of trend analysis and cash flow analysis
- Advanced knowledge of database, word processing and SBA industry systems
- Proficiency in using Microsoft Word and Excel or related software applications
- Thorough knowledge of and extensive experience in credit union or retail banking operations
- Familiarity with Navy Federal Credit Union policies and procedures
- Exceptional interpersonal, verbal and written communication skills
- Excellent analytical and organizational skills
Additional Information
Hours:
- Monday - Friday, 8:00AM - 4:30PM
Location:
- 820 Follin Lane, Vienna, VA 22180
- 5510 Heritage Oaks Drive, Pensacola, FL 32526