Commercial Banking Underwriter Lead

About the role

This position reports to the AVP or VP, Commercial Banking Underwriting. You will underwrite new commercial loan requests, renewals, and annual reviews, including the preparation of the appropriate credit analysis and risk rating package. You will also review collateral documents such as appraisals, title policies, environmental reports, surveys, leases, and construction contracts.

Requirements

• Bachelor’s degree in business or related field and a minimum of 7 years of direct experience in business/commercial credit analysis. Equivalent combination of education and experience will be considered.
• Advanced financial and credit analysis skills, with a detailed understanding of business credit documentation and business collateral documents.
• Experience with software or systems used for credit analysis, deposit, and loan products.
• Excellent verbal and written communication skills, problem-solving skills, organizational skills, and the ability to work independently as a valuable team member in a dynamic environment.
• Demonstrated ability to use independent judgment and discretion in various situations while maintaining a high degree of confidentiality.
• Proven ability to independently organize work, balance multiple priorities, and manage a variety of projects in a high-volume work environment with strong attention to detail.
• Must develop a thorough understanding of company policies and procedures as they relate to this position and comply with all applicable laws and regulations.

Responsibilities

• Serve as a subject matter expert and information source for the Underwriter team, sharing ideas and assisting peers as needed.
• Meet with Commercial Loan Officers and/or borrowers to understand existing loans and new loan requests.
• Complete all sections of the appropriate credit analysis and risk rating package, detailing loan request and structure, collateral analysis, borrower background, financial statement analysis, cash flow analysis, loan policy compliance, future financial statement requirements, strengths and weaknesses, and conditions to close to enable loan decisions.
• Provide feedback to Commercial Loan Officers and supervisory staff regarding concerns with any aspects of loans underwritten.
• Recommend and model appropriate loan structure for new and existing loan relationships.
• Contact business members, accountants, attorneys, or other professionals to clarify questions related to the preparation of the credit analysis package.
• Attend business loan appointments with business loan officers to be part of the profiling process when appropriate.
• Request and analyze all necessary collateral documents and take a proactive approach in resolving any issues.
• Request necessary financial statements for the completion of annual reviews.
• Complete annual reviews as per the requirements of the business loan policy and the dates established in the credit analysis package.
• Analyze and study trends to determine the appropriate risk rating and make recommendations on risk rating changes.
• Maintain annual review and risk rating reports.
• Attend Commercial Loan Committee meetings to present credit analysis information and other relevant details.
• Assist in the annual review of the Commercial Lending Policy.
• Perform loan audit review work as assigned.
• Perform other duties as assigned.