Commercial Underwriter - Healthcare /Senior Living Facilities

Responsibilities

• Salary Range: $61,200/yr. - $130,680/yr.
• Primary Responsibility: Structuring and underwriting healthcare lending opportunities, balancing risk and growth, ensuring loan structures are appropriate and consistent with bank lending standards, assigning 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.
• Collaboration: Collaborate with Relationship Managers (“RM”), internal support staff, and others to provide credit expertise to underwrite and monitor the portfolio.
• Key Accountabilities: Structure and Underwrite Loans, Portfolio Management, Credit Analysis, Spreading, Covenant Testing, and Underwriting New Credit Requests, Renewals, and Modifications.
• Technical Knowledge: Possesses the required technical knowledge to perform the role effectively; continuous learning to adopt new trends or expertise; applies credit and banking expertise, industry knowledge, skills and abilities to demonstrate and sustain a depth and breadth of applicable technical underwriting knowledge.

Requirements

• Experience: At least 2-7 years’ progressive experience within Commercial Credit experience is required with each incremental level of responsibility. Healthcare Underwriting with senior and assisted living facilities preferred.
• Education: Bachelor’s degree in finance, accounting or related field.
• Financial Analysis: Demonstrated ability to independently (with limited oversight), understand, analyze and interpret financial statements. Demonstrated ability to independently (with limited oversight), build out cash flows to determine borrower’s overall ability to repay debt.
• Risk Management: Understands and takes appropriate action related to risks associated with lending to healthcare borrowers.
• Software Proficiency: Proficient in excel and a firm understanding of key bank underwriting metrics.
• Decision Making: Ability 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.
• Teamwork: Must feel comfortable working in a collaborative team environment along with being an independent thinker.

Qualifications

• Communication: Effectively shares information and ideas with individuals and groups; displays organization and self-management, tailors the delivery to the audience, and selects suitable delivery methods.
• Collaboration: Actively seeks, develops and maintains trusted relationships with others to achieve business goals and objectives.
• Execution Leadership: Committed to achieving established goals, overcoming obstacles, and continuously learning; focuses on ways to succeed by changing strategies, increasing effort, using varying approaches; seeks and leverages opportunities to collaborate with others to achieve results.
• Problem Solving/Decision Making: With minimal oversight, seeks to identify what caused an issue; incorporates input from multiple sources (e.g., lines of business, subject matter experts, data, policies, procedures, etc.) to ensure effective action and shared ownership; decisions are sound based on what was known at the time and are based on a blend of analysis, wisdom, experience, and judgement.
• Adaptability: Flexible and agile (can be a utility player); modifies behavior and approach to deal effectively with changing business needs, conditions, work responsibilities and requirements, and client needs; maintains effectiveness when experiencing change; accepts new challenges/shifts/change in a "can-do" way; focuses on the beneficial aspects of change.