Specialty Finance Senior Underwriter - Mid-Corporate

Responsibilities

• Independently underwrite new money transactions, acquisition financings, and recapitalizations for sponsor-backed and mid-corporate borrowers.
• Perform detailed cash flow modeling (including debt service coverage, leverage ratios, and sensitivity scenarios) to evaluate creditworthiness and repayment capacity.
• Conduct thorough financial analysis including historical and projected income statements, balance sheets, and statements of cash flow.
• Evaluate industry, management, competitive positioning, and business models of prospective borrowers to assess transaction risks.
• Collaborate closely with Relationship Managers and Origination teams to structure deals that balance risk and return, including term sheets and covenant packages.
• Establish and monitor appropriate financial covenants, reporting requirements, and borrowing conditions.
• Present credit approval memos to senior credit officers and/or credit committees with clear articulation of risks, mitigants, and rationale for approval.
• Support the documentation and closing process by coordinating with legal counsel to ensure terms are accurately reflected and protective of the bank.
• Monitor and manage an assigned portfolio of active credits, including quarterly reviews, amendment requests, and ongoing risk assessments.
• Identify and proactively escalate emerging credit concerns and recommend appropriate action plans.
• Maintain close contact with clients, sponsors, and intermediaries during underwriting and throughout the life of the credit.
• Assess collateral value and structure (where applicable) and determine appropriate advance rates and protections.
• Ensure compliance with internal credit policies, regulatory guidelines, and approval frameworks.

Qualifications

• Bachelor’s degree in Finance, Accounting, Economics, or a related field.
• Minimum 7 years’ relevant experience in credit underwriting or portfolio management, ideally within a middle market or sponsor finance group.
• Deep understanding of leveraged finance principles, capital structures, and M&A dynamics.
• Proficient in advanced financial modeling, including cash flow modeling and scenario stress testing.
• Strong analytical and credit judgment skills with ability to assess complex financial situations and sponsor strategies.
• Excellent written and verbal communication skills; ability to present effectively to credit committees and senior leadership.
• Demonstrated knowledge of legal documentation for cash flow lending transactions, including credit agreements, intercreditor agreements, and security instruments.
• High attention to detail, ability to manage multiple priorities, and operate in a deadline-driven environment.
• Proficiency with credit underwriting software such as Abrigo/Sageworks preferred.