The purpose of this job is to serve in a senior position for approving and declining small business loan applications submitted to the Business Loan Center by business bankers and designated retail lenders.
Responsibilities
Credit decisions for aggregate credits up to Small Business definition maximum
Credit policy waivers and exceptions
Decision over limit requests for junior underwriters
Decision and document small business loan requests, including pricing, for approval, denial, or conditional approval
Review small business loan applications for credit score, quality of personal credit history, proper debt service coverage/cash flow, collateral, financial ratios, etc.
Perform analysis for credit decisions (cash flow or debt coverage ratio, collateral loan to value, appraisals, title searches, etc.)
Review loan packages for compliance with TMK Loan Policy and Small Business Loan Underwriting Guidelines (desirability of credit, purpose, terms, collateral, financial statements, etc.)
Review loan requests for HMDA applicability and compliance and submit requests as needed to HMDA 2nd Review Committee
Reviews loan decisions of junior underwriters for over limit requests.
Qualifications
Minimum four-year college degree
Extensive knowledge of small business and commercial lending process
Advanced knowledge of regulatory compliance procedures regarding small business lending
Extensive knowledge of credit analysis techniques
A broad understanding of small business and the inherent risks and opportunities associated with varying industry types
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Trustmark is proud to be an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, age, marital status, genetic information, pregnancy, national origin, protected veteran or disability status, and any other status protected by law. Upon request, reasonable accommodations will be made for all qualified individuals with disabilities. If you need accommodation for any part of the application process because of a medical condition or disability please send an email to careers@trustmark.com or call 866-213-1418 to let us know the nature of your request.
Equal Opportunity Employer/Females/Minorities/Individuals with Disabilities/Protected Veterans
