Commercial Credit Underwriter

About the role

Join a high-performing, expanding $1.5B community bank with $3.2B in total assets under our care, where people, purpose, and opportunity come together to drive meaningful impact. At State Bank, we are building a culture grounded in collaboration, innovation, and integrity, while continuing to invest in our people and the communities we serve. We value individuals who take initiative, think strategically, and are committed to both personal and organizational growth. Our approach recognizes contributions and effort, supports professional development, and provides meaningful financial rewards, including the opportunity to earn up to 30% of your annual wage in quarterly incentives.

Responsibilities

Responsible for performing administrative duties to support the credit analysis function; achieving goals as established in the assigned department's annual operating plan.

• Receives data on prospective and active borrowing accounts, including financial statements, agency reports, and interview and investigation sheets.
• Analyzes data and evaluates the short- and long-run prospects of the individual or company.
• May make recommendations to appropriate personnel on the granting or denying of loans; prepares sufficient information to document recommendations, if assigned to a lending function.
• If assigned to the loan review function, may suggest a loan grade after conducting a thorough credit analysis and documentation review.
• Provides thorough documentation of all financial analysis work, including ratios and other related information.
• Ensures that all credit analysis activities are conducted in accordance with prescribed lending policy.
• Achieves goals assigned to the Credit Analyst as part of the assigned department's annual operating plan.
• Abides by current laws and organizational policies and procedures designed to promote a harassment-free and non-discriminatory workplace.
• Coordinates departmental tasks with coworkers inside and outside the department to ensure an efficient process and completion of essential tasks needing proper segregation of duties.
• Complies with established operating policies and procedures to maintain adequate controls and support the Bank’s adherence to regulatory requirements (e.g., Community Reinvestment Act, Bank Secrecy Act, Equal Credit Opportunity Act).
• Reports pertinent information to the immediate supervisor as requested or according to an established schedule; compiles information as necessary or directed and provides data to appropriate bank personnel.
• Provides leadership, on-the-job training, and technical guidance to Credit Analyst Trainee(s).
• Recommends ongoing training for the department.
• Responds to inquiries relating to their area or requests from other bank personnel, customers, etc., within given time frames and established policy.
• Maintains appropriate records and provides assigned reports.

Requirements

Education

A B.S. or B.A. degree in Finance or a related field of study preferred; specialized financial analysis training.

Experience

A minimum of three (3) years of experience in financial analysis normally required; five (5) years of experience preferred.

Skills

• Proficient reading, writing, grammar, and mathematics skills.
• Moderate interpersonal relations and communicative skills.
• Thorough knowledge and understanding of current lending and loan review regulations, banking procedures, and operations.
• Proficient ability to analyze and interpret financial statements.
• Visual and auditory skills.

Benefits

Opportunities to grow your career within a strong, stable, and expanding organization, along with meaningful financial rewards, including the opportunity to earn up to 30% of your annual wage in quarterly incentives.

Physical Requirements

• Occasionally ascends/descends stairs to move through different floors of the location.
• Must be able to remain in a stationary position more than two-thirds of the time.
• Occasionally moves about inside the office to accomplish tasks.
• Frequently communicates with others to exchange information.
• Constantly moves wrists, hands, and/or fingers.
• Must be able to assess the accuracy, neatness, and thoroughness of assigned work.
• Must be able to work around noisy environments.
• Sedentary work that primarily involves sitting/standing.