Commercial Underwriter

Responsibilities

We are growing and have an opportunity for a CRE Underwriter. This role has the primary responsibility of underwriting lending opportunities, balancing risk and growth ensuring loan structures are appropriate and consistent with bank lending standards. You will assign an appropriate asset quality rating, in a fast-paced, high volume environment completing a detailed financial analysis to obtain a deeper understanding of an application’s credit risk. You will collaborate with Relationship Managers, and internal support staff to provide credit expertise to underwrite and monitor the portfolio.

We are an in-office working environment with offices in Minneapolis, St Paul and Lake Elmo.

Requirements

• Demonstrate at least 3-7 years progressive experience within CRE underwriting, commercial real estate appraisal or commercial credit analysis is required with each incremental level of responsibility.
• Demonstrated ability to independently (with limited oversight), understand, analyze and interpret financial statements.
• Understands and takes appropriate action related to risks associated with lending to various types of industries.
• Basic knowledge of loan structuring, borrowing causes and lending regulations; ability to comply with and conform to ONB lending policies, guidelines and standards.
• Must be able to make sound independent decisions and communicate those decisions clearly and effectively to the internal/external client quickly given the high volume, fast-paced environment.
• Must be able to actively listen, quickly identify issues as well as opportunities when they arise, and problem solve in real-time to move the work accordingly.
• Feel comfortable working in a collaborative team environment along with being an independent thinker.

Qualifications and Education Requirements

• Demonstrate at least 3-7 years progressive experience within CRE underwriting, commercial real estate appraisal or commercial credit analysis is required with each incremental level of responsibility.
• Demonstrated ability to independently (with limited oversight), understand, analyze and interpret financial statements.
• Understands and takes appropriate action related to risks associated with lending to various types of industries.
• Basic knowledge of loan structuring, borrowing causes and lending regulations; ability to comply with and conform to ONB lending policies, guidelines and standards.
• Must be able to make sound independent decisions and communicate those decisions clearly and effectively to the internal/external client quickly given the high volume, fast-paced environment.
• Must be able to actively listen, quickly identify issues as well as opportunities when they arise, and problem solve in real-time to move the work accordingly.
• Feel comfortable working in a collaborative team environment along with being an independent thinker.