Senior Business Banking Underwriter

Senior Business Banking Underwriter

Requirements

• Bachelor’s degree, preferably in a business-related field such as accounting or finance
• Minimum 5 years’ commercial underwriting and/or portfolio management experience
• Sound understanding of commercial credit analysis techniques including cash flow, balance sheet analysis, evaluation of collateral and personal financial condition
• Expertise in spreading financial statements
• Ability to make sound decisions in a fast-paced, time-sensitive environment
• Possess thorough knowledge of the fundamentals that drive repayment ability for both businesses and real estate entities
• Ability to think critically throughout the underwriting process, both as it relates to a specific loan request as well as the broader relationship
• Excellent verbal and written communication skills
• Desire and ability to communicate with both prospects and existing clients through all aspects of the origination process and loan management cycle
• Proficient in Microsoft Word and Excel; experience with nCino loan origination platform a plus

Responsibilities

• Prepare written credit approval memoranda and ancillary forms for various types of credit facilities
• Structure and underwrite credit facilities in a manner which achieves the business profitability goals while staying within the bank’s risk parameters
• Review and analyze various types of individual and corporate financial statements
• Assist with loan monitoring and testing requirements
• Participate in customer and prospect calls as part of the underwriting and due diligence process
• Determine the proper risk rating and complete the required paperwork for any rating changes
• Partner with lenders to cultivate excellent client relationships and to proactively manage the loan portfolio
• Exhibit a sense of urgency towards meeting client requests while also meeting acceptable risk parameters in order to identify problems/issues to produce timely loan modifications and risk rating changes, as appropriate
• Foster an open dialogue and strong working relationship with Credit Administration, Loan Operations, Managed Assets Department and other groups that support the line of business
• Obtain appropriate market information to support the proposed loan
• Partner with in-house appraisal and environmental staff in ordering and reviewing third party reports such as appraisal, environmental and property condition assessments
• Perform business and site due diligence/inspections, as applicable
• Assist in the closing of loans, including reviewing internal and external documentation for accuracy
• Assist in additional tasks as needed, including exception tracking and clearing, preparing and/or testing client covenant compliance, and assisting in the preparation and monitoring of ongoing financial and collateral reporting requirements

Preferred Qualifications

• Formal credit training is a plus