Commercial Credit Underwriter II

Responsibilities

• Obtains loan request information from commercial lender or borrower to analyze credit information, financial statements and other related information pertaining to the loan.
• Researches background documentation and reviews personal and business financial statements and tax returns. Analyzes financial information and prepares the preliminary analysis for the lender.
• Requests and obtains financial statements on existing borrowers.
• Reviews and prepares written analysis, spreadsheets, reports, summaries and opinions. Prepares or assists in the preparation of loan memorandum for presentation to lenders and/or loan committees.
• Reviews loan files to ensure the completeness of the file and that all collateral has been secured properly.
• Assists lenders with calls on past-due loans as assigned by senior management with the bank’s loan portfolio.
• Updates collateral values, as needed on delinquent loans.
• Follows all applicable laws and regulations.
• Conducts daily operation in accordance with the laws, regulation, policies, procedure, and expectations of the Bank. Compliance will be recognized as part of the period performance review; noncompliance may result in disciplinary action, up to and including termination of employment.

Qualifications

• Requires 5+ years’ experience in commercial loan credit underwriting, financial analysis, and credit approval experience.
• Requires credit approval experience in comparable commercial lending environment requiring the exercise of credit judgement.
• Ability to formulate and articulate objective views based on professional credit analysis.
• Advanced knowledge of credit philosophy and policies, loan documentation, bankruptcy and related legal issues.
• Minimum of bachelor’s degree or equivalent experience, graduate degree in business preferred. Completion of advanced courses in finance, accounting, and credit either through a bank sponsored training program or college course work.
• Strong verbal, written, and interpersonal skills, as well as analytic and problem-solving skills.
• Excellent knowledge of personal/business financial statements and tax returns.
• Demonstrated computer aptitude with a working knowledge of Microsoft office applications.