Commercial Banking Underwriter Sr

About the role

This position reports to the VP, Commercial Banking Underwriting. You will underwrite new commercial loan requests, renewals, and annual reviews, including preparation of the appropriate credit analysis and risk rating package. The role involves reviewing 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 5 years of direct experience in business/commercial credit analysis. Equivalent combination of education and experience will be considered.
• Strong 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.
• 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

• Meets with Commercial Loan Officers and/or borrowers to understand existing loans and new loan requests.
• Completes 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 a loan decision.
• Provides feedback to Commercial Loan Officers and supervisory staff regarding concerns with any aspects of loans underwritten.
• Recommends and models appropriate loan structure for new and existing loan relationships.
• Contacts business members, accountants, attorneys, or other professionals to clarify questions related to the preparation of the credit analysis package.
• Attends business loan appointments with business loan officers to be part of the profiling process when appropriate.
• Requests and analyzes all necessary collateral documents and takes a proactive approach in resolving any issues.
• Requests necessary financial statements for the completion of annual reviews.
• Completes annual reviews as per the requirements of the business loan policy and the dates established in the credit analysis package.
• Analyzes and studies trends to determine the appropriate risk rating and makes recommendations on risk rating changes.
• Maintains annual review and risk rating reports.
• Attends Commercial Loan Committee meetings to present credit analysis information or other relevant details.
• Assists in the annual review of the Commercial Lending Policy.
• Performs loan audit review work as assigned.
• Performs other duties as assigned.