About this role
our Commercial Loan Underwriter, you will provide support to lending teams in the origination and servicing of credit relationships. You are responsible for independently underwriting all credit requests and analyzing the repayment capacity of new applicants and existing obligors.
You may recommend loan structures, terms, covenants, and risk ratings. Additionally, you may support the monitoring of borrower compliance with approved terms, portfolio management, and assisting in the administration of credit relationships. Analysts will be proficient in spreading financial statements and underwriting a variety of industries, loan products, and collateral types, including, but not limited to: nonprofit, owner-occupied real estate, multifamily income properties, commercial investor real estate, accounts receivable and inventory, and equipment.
Duties and Responsibilities
Analyze the financial condition and creditworthiness of businesses and individualsEvaluate the quality and sufficiency of the collateral and sources of repaymentAssess the appropriateness of credit structures for new loan and renewal requests and recommend risk ratingsPrepare loan approval request memos in cooperation with Relationship Managers and participate in presentations to the approving authorities as neededAct as a control point in the loan approval process to ensure adherence to bank procedures, credit policies, and loan covenantsProvides excellent customer service with all parties, including selling banks/financial institutions, borrowers and co-workers.Assist Relationship Managers and Loan Operations staff in loan closing activitiesProvide post-funding analytical and monitoring support of credit relationships and portfolio maintenance, as neededAssists with audits and credit examinations, portfolio and borrower stress testing, and risk rating reviews
Requirements and Qualifications
1+ years of underwriting and portfolio managementExperienced in a banking environmentProficiency with financial and accounting concepts and interpretation of financial statementsExcellent written and verbal communication skillsComputer literacy in Microsoft Word and ExcelDemonstrated ability to work independently and balance multiple work assignments while meeting deadlinesProfessional demeanor and ability to deal effectively with people and work across departmentsHighly motivated, inquisitive, detailed oriented, and adaptive to change
If you have these qualifications and are looking for a great opportunity we want to meet you. We offer a competitive base salary, healthy benefit package and generous bonus program but most of all the ability to contribute to a team and learn and grow with our company.
All your information will be kept confidential according to EEO guidelines.