Sr Commercial Underwriter

Role Responsibilities

• Analyze and underwrite current and prospective Commercial and Industrial lending transactions.
• Work closely with loan origination and external deal partners for the purposes of prospecting new transactions and analyzing the credit quality of prospective and current businesses.
• Prepare and review a spreadsheet of historical financial data, evaluate impact of new debt on current cash flow, sensitise projections for worst case scenarios, and identify policy exceptions.
• Evaluate the credit quality of prospective and current businesses through a collateral and industry assessment, summarizing strengths and weaknesses and recommending approval or decline.
• Support business development officers in portfolio management duties, including providing analysis and performing periodic reviews of existing loan relationships.
• Avoid routine maintenance of electronic credit files and bank systems.
• Collaborate with other underwriters and members of the first line of defense to foster good team relationships and assist others when appropriate.
• Perform other duties as assigned.

Minimum Qualifications

• 10+ years of Commercial Lending experience - underwriting and/or portfolio management at a national commercial bank.
• Fundamental knowledge of Commercial Lending, credit analysis, and negotiation skills.
• Demonstrated ability to underwrite and process commercial deals within the context of NCB credit guidelines and investment criteria.
• Proficient in Microsoft Office Suite.
• Excellent oral and written communication skills.
• Ability to work with minimal supervision and make independent judgements under stressful conditions.
• Strong interpersonal skills and flexibility.
• MS Excel, daily use, 30-90 days.
• Proprietary spreadsheets, daily use, within 30 days.
• Financial calculator, daily use, within 5 days, advanced proficiency.
• Proprietary systems (nCino, Customer Insight), daily use, 30-60 days.
• Portfolio Management Process 30-90 days.
• Demonstrated analytical, cash flow modeling, and conceptual skills, formal credit training is a plus.
• Strong financial analysis and spreadsheet skills.
• Strong knowledge of models used to evaluate the strength of borrower's cash flow and its viability to provide for primary and secondary sources of repayment, as well as models to assess refinance risk.
• Strong understanding of Global Cash Flow, Free Cash Flow, and Leverage.
• Strong knowledge of loan structuring with ability to balance bank objectives and borrower expectations.
• Manage relationships with internal personnel, borrowers, borrowers' representatives including accountants and attorneys, and third-party vendors including appraisers, environmentalists, and engineers.

Education

• Bachelor’s degree in finance, business administration, or related field.