Senior Credit Officer

Grasshopper Bank

. Manage the SBA department’s overall credit underwriting to ensure strong credit quality in accordance with the bank’s credit standards and SBA SOP eligibility requirements .

Posted 10/24/2026full-timeRemote • New York • United StatesSeniorWebsite

About the role

Key responsibilities & impact

Manage the SBA department’s overall credit underwriting to ensure strong credit quality in accordance with the bank’s credit standards and SBA SOP eligibility requirements
Oversee managerial duties for credit review compliance and credit analysis functions, including adherence to organizational, SBA, and regulatory agency policies and practices
Ensure disciplined credit underwriting practices to maintain strong credit quality and portfolio integrity
Establish and revise internal SBA credit guidelines based on SOP updates
Ensure bank and SBA policies, practices, regulations, and documentation requirements are followed
Monitor and manage credit to identify deterioration in credit quality and minimize portfolio loss exposure
Develop and maintain SBA loan risk rating processes for proper risk rating at loan origination
Inform the Bank CEO, Chief Credit Officer, Chief Risk Officer, and Head of SBA of existing and potential risk issues
Oversee onboarding, management, and use of outside professional vendors for SBA underwriting and risk management
Provide SBA SOP credit guidance and support to underwriting, closing, and servicing staff
Manage SBA agency and regulatory audit reviews and take corrective actions as necessary
Serve as liaison between the bank and regulatory authorities for SBA audits and examinations
Research and respond to state and federal examiner and internal and external auditor inquiries
Meet routinely with commercial underwriting, SBA lending, and bank executives for risk oversight and credit risk management
Manage SBA loan approvals, credit underwriting oversight, and internal and regulatory audit support

Requirements

What you’ll need

Bachelor’s degree (B.A.) from four year college or university; or a minimum of five years of bank credit department experience; or equivalent combination of education and experience
Prior SBA senior credit experience is required
5-7 years of direct SBA credit underwriting and credit management, or equivalent experience
Direct commercial credit decisioning experience, SBA preferred
Strong proficiency in SBA SOP eligibility and regulatory requirements
National lending and business acquisition credit experience preferred
Strong proficiency in financial analysis and cash flow modeling
Strong leadership skills and capability to mentor and motivate in a team environment
Experience with complex commercial credit analysis, loan structure, and financial statement analysis
Follows policies and procedures; supports organization's goals and core values; benefits organization through outside activities; supports affirmative action and respects diversity

Benefits

Comp & perks

Remote work flexibility
Diversity of thought and perspective
Inclusive partnership culture
Cross-functional teamwork
Opportunities to contribute to banking innovation
Collaboration-focused culture
Accountability encouraged
Successes celebrated