Commercial Real Estate Credit Underwriter

About the role

Award-winning Centier Bank seeks an Underwriter 3 to join our team. This role involves preparing loan analyses, conducting financial reviews, and interacting with lenders and customers.

Responsibilities

• Prepare written loan analyses for new and existing loans ranging from $1,000,000 to the bank’s legal lending limit.
• Monitor existing loans through financial reviews and covenant testing.
• Present 10-50 page written presentations for new commercial loans and renewals, including identification of strengths and weaknesses, appropriate risk grades, and loan recommendations.
• Interact with lenders and customers to evaluate creditworthiness of new customers and potential borrower deterioration.
• Participate in meetings with Business Bankers and SVPs regarding commercial loans.
• Think independently to present data, conclusions, and recommendations when there may not be predefined policies or procedures.
• Take ownership for the bank’s commercial loan portfolio to prevent, mature, delinquent payments, collateral shortfalls, and/or loan charge-offs.

Requirements

• Must possess working knowledge of underwriting principles for moderately complex commercial real estate loans and some forms of specialty lending.
• Minimum of 5 years of commercial lending experience with an emphasis on credit and risk management.
• Prior completion of formal credit training through ABA, RMA, or internal bank training program.

Qualifications

• Bachelor’s degree in finance or accounting or commensurate experience and training in credit analysis for commercial loans.
• Strong organizational skills and attention to detail.
• Working knowledge of Microsoft Office and financial worksheets/spreads.
• Some travel required.

Skills

• Adept at time management to meet strict deadlines and respond to high urgency requests.
• Ability to think critically and express conclusions in writing and verbally.
• Aptitude for quantitative analysis working with numerous variables, spreadsheets with large amounts of data, identifying/summarizing patterns and trends.
• Quick study for new tasks, procedures, software/technology, and conceptual philosophy behind a diverse set of tasks related to risk management of commercial loans.

Benefits

• Access to Marathon Health Clinics with free visits and prescriptions.
• Generous Paid Time Off benefit.
• Tuition reimbursement.
• 401K match.
• Associate Stock Ownership Plan.
• Daycare reimbursement.
• Free Onsite Fitness Center/Fitness reimbursements.
• Health and wellness programs.
• The ability to have a voice with the Diversity/Equity/Inclusion Council.
• Career growth opportunities.
• Work/life balance.
• AND MORE!

Schedule

Flexible schedule to accommodate the needs of the position and the team.

Pay

Competitive salary based on experience and qualifications.

Supervisory Responsibilities

This individual will assist in training less experienced analysts on occasion and will organize department projects when necessary.