Credit Underwriter - Loan Review/Risk Governance

About the role

The Underwriter III plays a key role in strengthening the quality of the bank’s commercial credit portfolio by preparing written credit review analyses and recommending appropriate risk ratings for relationships ranging from $1MM to the bank’s legal lending limit. This role supports early identification of credit concerns through financial review, covenant monitoring, and Watchlist analysis, while partnering with lenders to provide thoughtful, risk-based insight.

Responsibilities

• Exercise independent judgment in presenting data, conclusions, and recommendations within the framework of applicable regulations, policies, and guidelines.
• Collect and review borrower financial information, including income, assets, and liabilities, to assess appropriate credit exposure for relationships typically ranging from $1MM to $20MM.
• Lead development of written credit review presentations for existing loan relationships and partner with commercial lenders to shape action plans for Watchlist credits.
• Presentations should clearly identify key strengths, emerging risks, and the recommended risk grade, with concise verbal summaries provided at Watchlist Committee to inform discussion and next steps.
• Conduct reviews of covenant compliance and collaborate with lenders for resolution to failed covenants.
• Interact with commercial lenders and Risk Management officers to evaluate any potential deterioration of existing borrowers.
• Participate and provide expertise in credit discussions as needed with commercial lenders, market presidents, credit managers, and the Chief Credit Officer.
• Help drive strong portfolio performance by applying sound credit review practices that support early detection of risk, proactive issue management, and effective oversight of commercial relationships.

Requirements

• Working knowledge of underwriting principles for moderately complex Commercial & Industrial or Commercial Real Estate loans, as well as certain specialty lending types such as land acquisition and development, contractor, hotel, senior housing, municipal, or nonprofit lending.
• Bachelor’s degree in finance, accounting, or a related field, or equivalent experience and training in commercial loan credit analysis.
• At least 5 years of commercial lending experience, with a strong emphasis on credit analysis, portfolio risk assessment, and risk management.
• Completion of formal credit training through ABA, RMA, or a comparable internal bank training program. Credit Review experience is preferred.

Qualifications

• Strong time management skills, with the ability to meet strict deadlines and respond to high-priority requests from management.
• Strong critical thinking skills, with the ability to evaluate information, form sound conclusions, and communicate recommendations clearly in writing and verbally.
• Strong quantitative analysis skills, including the ability to work with multiple variables, analyze large data sets and spreadsheets, and identify and summarize patterns and trends.
• Demonstrated ability to learn new tasks, procedures, and software quickly, along with the underlying concepts that support a broad range of commercial loan risk management responsibilities.
• Strong organizational skills, with the ability to manage multiple priorities while maintaining accuracy and follow-through.
• Strong attention to detail.
• Proficiency in Microsoft Office and experience working with financial models, worksheets, and spreadsheets.

Skills

• Some travel may be required.

Benefits

• Access to our Marathon Health Clinics which provide FREE visits & 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 our Diversity/Equity/Inclusion Council.
• Career Growth.
• Work/Life Balance.
• AND MORE.

Schedule

Flexible schedule to accommodate business needs.

Pay

Competitive salary commensurate with experience.