Senior Credit Underwriter

Senior Credit Underwriter

Requirements

• Bachelor’s degree in Business, Accounting or Finance; or equivalent experience
• Minimum 7 years in credit related field, preferably in a banking environment with CRE lending
• Strong analytical / financial modeling skills
• Ability to multi-task, work at speed to meet challenging deadlines, while maintaining high levels of accuracy
• Excellent written and verbal communication skills
• Strong interpersonal skills; work collaboratively and with integrity with key internal and external stakeholders
• Strong team player with desire to develop and coach less experienced members of the team
• Working knowledge of all MS Office Suite products and appetite to learn core database management programs
• Knowledge and experience of all key segments of the CRE industry, with particular focus on the Tri-State region.
• Management experience, setting goals, motivating, coaching and managing performance of team members.

Responsibilities

• For the most complex transactions, undertaking comprehensive financial and credit risk analysis in support of loan requests; including but not limited to financials, projections, global cash flows, REO schedules, industry/market, structure, management, terms and environmental.
• Demonstrating deep understanding of credit risks and mitigants, presenting clearly and concisely in risk focused credit proposals for submission to the appropriate approval authority.
• Analyze third party appraisals, challenge appraiser assumptions and sensitize in your credit analysis. Review appraisal analysis undertaken by more junior credit underwriters.
• Work collaboratively with Lending Officers throughout the transaction process, ensuring financials are complete, accurate and received in a timely manner. Attend client meetings and/or site visits as appropriate.
• Strong understanding of compliance, regulations and the Bank’s commercial lending policies, clearly outlining any exceptions to policy and supporting rationale in the credit proposal.
• Ensure all credit related questions from the approval authority are addressed efficiently and effectively.
• Contribute effectively at Credit Committee and other Committee meetings as appropriate.
• Provide guidance and oversight for more junior credit underwriters.
• Assisting in the completion of various monthly, quarterly or ad hoc reports as necessary.
• Assisting in gathering information required by Bank examiners and internal audit.

Preferred Qualifications

• None