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Business Banking Underwriter Jobs (NOW HIRING)

Incumbent is to ensure customer credit requests are processed in accordance with bank policy, compliance and Business Banking underwriting guidelines in a timely manner that supports the bank ...

Incumbent is to ensure customer credit requests are processed in accordance with bank policy, compliance and Business Banking underwriting guidelines in a timely manner that supports the bank ...

## Business Banking Underwriter 1Applylocations: Charlotte, NCtime type: Full timeposted on: Posted Todayjob requisition id: 2026-01634## Primary Office Location:401 S Graham St. Charlotte, North ...

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The Business Banking Underwriter IV is responsible for underwriting Business Banking loans to determine credit worthiness and compliance with Bank lending policy. Duties and Responsibilities:

The Business Banking Underwriter IV is responsible for underwriting Business Banking loans to determine credit worthiness and compliance with Bank lending policy. Duties and Responsibilities:

The Business Banking Underwriter IV is responsible for underwriting Business Banking loans to determine credit worthiness and compliance with Bank lending policy. Duties and Responsibilities:

The Business Banking Underwriter IV is responsible for underwriting Business Banking loans to determine credit worthiness and compliance with Bank lending policy. Duties and Responsibilities:

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Business Banking Underwriter information

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$32.5K

$78.9K

$139.5K

How much do business banking underwriter jobs pay per year?

As of Sep 4, 2026, the average yearly pay for business banking underwriter in the United States is $78,878.00, according to ZipRecruiter salary data. Most workers in this role earn between $61,000.00 and $87,000.00 per year, depending on experience, location, and employer.

What does a business banking underwriter do?

A Business Banking Underwriter evaluates loan applications from businesses to determine their creditworthiness and the level of risk involved in lending. They analyze financial statements, credit reports, and other relevant documents to make informed decisions about approving or denying loan requests. Business Banking Underwriters also ensure that the loans comply with banking regulations and internal policies. Their work helps banks minimize risk while supporting business growth. Strong analytical skills and knowledge of financial principles are essential for this role.

What are the key skills and qualifications needed to thrive as a business banking underwriter?

To thrive as a Business Banking Underwriter, you need strong analytical skills, financial acumen, and a solid understanding of risk assessment, typically supported by a degree in finance, accounting, or a related field. Familiarity with credit analysis software, loan origination systems, and regulatory compliance tools such as Moody’s Analytics or FICO is essential. Excellent attention to detail, sound judgment, and effective communication are critical soft skills for evaluating complex financial information and conveying decisions. These skills and qualifications ensure prudent lending decisions, regulatory compliance, and the successful management of risk within business banking portfolios.

What are some common challenges faced by business banking underwriters, and how can they be addressed?

Business Banking Underwriters often encounter challenges such as evaluating complex financial statements, managing tight deadlines, and balancing risk with the need to support client relationships. To address these challenges, underwriters regularly collaborate with relationship managers, utilize advanced financial analysis tools, and stay updated on industry trends and regulations. Strong communication skills and ongoing professional development can help underwriters adapt to evolving credit policies and ensure sound lending decisions.

What is the difference between Business Banking Underwriter vs Commercial Loan Processor?

AspectBusiness Banking UnderwriterCommercial Loan Processor
CredentialsTypically requires a finance or banking degree, certifications like CAMS or CFA are commonOften requires a finance or business degree, certifications like CAMS may be beneficial
Work EnvironmentWorks in banks or financial institutions evaluating loan applicationsWorks in banks or lending companies processing loan documentation
Employer & IndustryFinancial institutions, banks, credit unionsCommercial banks, lending firms, financial services

While both roles are involved in the lending process, Business Banking Underwriters primarily assess the risk and approve or deny loan applications, whereas Commercial Loan Processors handle the documentation and ensure all paperwork is complete and accurate. Understanding these differences helps clarify career paths and job expectations in commercial banking.

Do business banking underwriters make a lot of money?

Business banking underwriters typically earn a median salary that is competitive within the banking industry, with salaries varying based on experience, location, and employer size. They often receive benefits such as bonuses and professional development opportunities, and the role requires strong analytical skills and knowledge of financial products. Overall, the position offers a stable income but is not usually among the highest-paying banking roles.

What is the role of a business banking underwriter in banking?

A business banking underwriter evaluates the creditworthiness of business loan applicants by analyzing financial statements, cash flow, and credit history to determine loan eligibility and risk. They use financial analysis tools and adhere to lending policies to make informed decisions that balance risk and profitability for the bank.
More about Business Banking Underwriter jobs

What states have the most Business Banking Underwriter jobs?

States with the most job openings for Business Banking Underwriter jobs include:

What job categories do people searching Business Banking Underwriter jobs look for?

The top searched job categories for Business Banking Underwriter jobs are:

Infographic showing various Business Banking Underwriter job openings in the United States as of August 2026, with employment types broken down into 83% Full Time, 14% Part Time, and 3% Contract. Highlights an 90% Physical, 3% Hybrid, and 7% Remote job distribution, with an average salary of $78,878 per year, or $37.9 per hour.

Business Banking Underwriter I

M&T Bank

Wilmington, DE • On-site

$24.87 - $41.45/hr

Full-time

Re-posted 7 days ago


Key responsibilities

  • Evaluate commercial loan and lease applications received through the branch network channel and potentially online channel.

  • Initiate and process credit requests in the credit system and prepare loan packages for underwriters and SBA officers.

  • Interact with loan underwriters, bank personnel, SBA representatives, and external customers throughout the underwriting process.


M&T Bank rating

7.8

Company rating: 7.8 out of 10

Based on 187 frontline employees who took The Breakroom Quiz

77th of 174 rated banks


Job description

Overview:

Evaluate commercial loan/lease applications received primarily through the branch network channel. Adjudicate primarily new credit requests (of $25,000 or less) in accordance with designated approval authority with group credits and/or renewals (up to $100,000). Prepare credit analysis for commercial loan applications and enter credit applications into the credit system for underwriter review.  Conduct credit investigations, and prepare loan packages for underwriters and SBA officers for more complex and/or non-routine deals.

Primary Responsibilities:
  • Evaluate commercial loan/lease applications received primarily through branch network channel (and potentially via our online channel assuming future functionality). Credit facilities include secured and unsecured term loans, commercial mortgages, lines of credit, letters of credit and equipment leases. Evaluate each loan applicant's financial condition, cash flow and credit history in order to make appropriate loan decisions within individual lending authority.
  • Initiate and process credit requests in credit system for underwriters.
  • Interact with loan underwriters, bank office managers, various SBA personnel, and external customers throughout the underwriting process.  Research M&T Bank systems for the status of loan and deposit accounts, and enter into the credit system.
  • Understanding of governmental credit support available to small business loans (SBA programs) is required.  Review proposed loan packages for SBA eligibility following SBA program guidelines, policies and procedures for more complex and/or non-routine deals.
  • Understand and adhere to the Company's risk and regulatory standards, policies and controls in accordance with the Company's Risk Appetite.  Identify risk-related issues needing escalation to management.
  • Promote an environment that supports belonging and reflects the M&T Bank brand.
  • Maintain M&T internal control standards, including timely implementation of internal and external audit points together with any issues raised by external regulators as applicable.
  • Complete other related duties as assigned.
Scope of Responsibilities:

Incumbent is to ensure customer credit requests are processed in accordance with bank policy, compliance and Business Banking underwriting guidelines in a timely manner that supports the bank's ability to deliver superior customer service. This allows the department to deliver high customer service as evidenced with a short turnaround time, which has a direct effect on the Department's ability to meet its Service Level Agreements.

Education and Experience Required:

Bachelor's degree in Business Administration and one year commercial or business banking underwriting or related credit processing experience or in lieu of a degree, a combined minimum of 5 years higher education and/or work experience to include one year commercial or business banking underwriting or related credit processing experience.

Education and Experience Preferred:

Working knowledge or financial statements, tax returns, and credit reports.

Requires knowledge of Microsoft Excel and Word.

Self-motivated, well organized and positive demeanor.

Strong verbal and written communication skills coupled with attractive negotiation skills.

Ability to work under critical time constraints.

Ability to function professionally at many different levels (clients, management, peers, etc). Consistently maintain a high level of professionalism and service when dealing with various loan and lease sources.

M&T Bank is committed to fair, competitive, and market-informed pay for our employees. The pay range for this position is $24.87 - $41.45 Hourly (USD). The successful candidate's particular combination of knowledge, skills, and experience will inform their specific compensation.LocationWilmington, Delaware, United States of America

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