Underwriter - Commercial Credit C&I

Responsibilities

• Provide transactional support with the creation of credit memos while maintaining clear understanding of the Bank’s credit programs and policy and its adherence.
• Reports to supervisor all deviation from credit programs and policy.
• Conduct analysis/underwriting functions, as needed.
• Prepare documentation, memos, and/or presentation as needed.
• Support the accurate review and evaluation of the financial condition and operating performance of C&I Borrowers for new and existing loan exposures, increases, and modifications of terms/conditions.
• Perform the annual review of existing credit relationships; Identify necessary risk rating changes, errors or inconsistencies and recommend modifications to risk rating as deemed appropriate.
• Support the large & complex financial analysis with a high degree of accuracy in terms of figures and credit risk assessment.
• Able to identify, evaluate, monitor and make any recommendation deemed necessary to the supervisor to assess, reduce, eliminate or control any current or prospective risks to earnings or capital arising from violations of, or nonconformance with, laws, rules, regulations, prescribed practices, internal policies and procedures or ethical standards.
• Aid in the review and measurement of Bank Borrower’s conformance with legal covenants, tracking of same and the identification of compliance or non-compliance.
• Assist in the training process of new underwriters.
• Complete or review and provide feedback on spread financial statements, comprehensive analysis, and credit approval packages according to Bank credit programs and policy.
• Work within the software systems for loan originations, modifications, annual reviews, and other presentations to senior management.
• Ensure preventive measures are carried out to fully comply with current rules, regulations and internal policies relating to risks pertaining to BSA, USA Patriot Act, OFAC and other AML related issues.
• Conduct project site visits/inspections and report findings.
• Provide assistance in other areas within the department, as required, covering during vacation or absenteeism.
• Reports to supervisor all portfolio issues and irregularities found in these reports.
• Responsible for the administration and monitoring maturities, delinquencies, including criticized assets reports on a regular basis as well as assisting in the identifying any “red flags” or problems within the portfolio.

Requirements

• Bachelor’s degree in business, accounting or finance required. Master’s degree preferred OR 5+ years of credit underwriting/credit analysis experience in lieu of education.
• Formal credit training preferred.
• Minimum 10+ years of professional experience credit underwriting/credit analysis.
• Knowledgeable of banking products and documentation.
• Thorough understanding of the Bank’s credit procedures, programs and policy.
• Accounting and credit principles.
• Proficiency in Microsoft Suite is required; experience in SQL is a plus.
• Salesforce, nCino, FIS IBS experience is a plus.
• Sound time management and organizational skills required.
• Well organized and systematic.
• Must possess strong communication skills.