Small Business Underwriter II

Discover Financial
Plano
Workplace: OnsiteFull timeUSD 138,100 - 157,700 annuallyFunction: Banking, Lending & CreditExperience: 4+ yearsEducation: bachelorsSkills: ["Customer service","Risk management","Credit analysis","Compliance","Continuous improvement"]

Underwrite and review small-business loans up to $10MM, making credit decisions within underwriting authority and aligning with Capital One policy and portfolio objectives. Partner with business bankers and internal teams to structure requests, mitigate lending risk, and deliver an excellent borrower and partner experience. Apply regulatory and line-of-business policies, recommend risk ratings, support training and continuous improvements, and contribute to special projects.

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Discover Financial
Discover Financial
4 days ago

Small Business Underwriter II

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Source: Company careers pageValidated by: Fursa AI
Last checked: 11 hours agoStatus: Live

Job Summary

Underwrite and review small-business loans up to $10MM, making credit decisions within underwriting authority and aligning with Capital One policy and portfolio objectives. Partner with business bankers and internal teams to structure requests, mitigate lending risk, and deliver an excellent borrower and partner experience. Apply regulatory and line-of-business policies, recommend risk ratings, support training and continuous improvements, and contribute to special projects.
Location: Plano
Workplace: Onsite
Employment Type: Full time
Job Function: Banking, Lending & Credit
Seniority: Mid level

Key Responsibilities

  • •Underwrite loans and perform renewals or reviews up to $10MM.
  • •Underwrite and decide new loan requests, renewals, annual reviews, and credit assessments within underwriting authority and policy.
  • •Support business bankers and internal partners by structuring loan requests to fit policy and borrower needs while mitigating lending risks.
  • •Deliver an excellent customer experience throughout the end-to-end loan process with Business Loan Advocates.
  • •Recommend commercial loan risk rating grades, ensure adherence to policies and regulatory compliance, and identify improvement opportunities.

Pay and Benefits

Salary: USD 138,100 - 157,700 annually
Perks:Health Insurance

Key Requirements

  • •Bachelor’s Degree or Military experience.
  • •At least 4 years of experience in credit administration, small business underwriting, commercial loan underwriting, or commercial lending.
  • •Experience underwriting/deciding new requests and performing renewals or annual/interim credit assessments.
  • •Bachelor’s Degree in Finance or Accounting.
  • •Completion of a formal credit training.
Experience:4+ years
Education:Bachelor's in Finance or Accounting
Skills:Customer serviceRisk managementCredit analysisComplianceContinuous improvement

Eligibility

Work Authorization:Authorization required. Sponsorship not provided.

Company Brief

Discover Financial
Provides consumer banking products, credit cards, personal loans, and payment services through the Discover brand. It operates a major U.S. financial network and serves individuals and merchants with lending and digital payment solutions.
Industry: Retail Banking
Company Size: Enterprise (1,001+ employees)
Revenue: USD 10M to 25M
Growth: Public Company
Valuation: Public Company (Market Cap in USD)
Funding: IPO / Publicly Listed
Headquarters: Riverwoods, United States
Founded: 1985
WebsiteLinkedIn