Underwriter II

About the role

The Centralized Commercial Lending – New Money Team is searching for a Commercial Underwriter II responsible for evaluating business loan applications based on established Bank policies and procedures. Candidate will evaluate the merits of a new money loan request in the $1MM-$5MM range of total exposure, and either recommend a decision to a senior officer or use their own authority to decision the application.

Responsibilities

• Review cash flows and Moody's CreditLens spreads, prepared by the Credit Analyst, to conduct in-depth analyses of financial information to form a recommendation of approval or denial of new loans in accordance with the Bank's policy and procedures.
• Prepare Credit Origination Memorandum in a clearly written concise manner, identifying strengths, risks and mitigating factors.
• Review, analyze and evaluate financial and pertinent data to determine credit worthiness of loan prospects and merits of specific loan requests.
• Collaborate with Relationship Managers, leaders and Business Development Officers to gather all necessary information to present an accurate and complete assessment of the loan presented.
• On occasion, interact with clients or representatives virtually or in person calls in conjunction with Relationship Manager.
• Ability to prepare high quality, detailed credit approval documents that contain an in-depth analysis, an understanding of and identification of credit issues and risks.
• Ability to spread and interpret financial statements, tax returns, and projections using Excel.
• Ability to provide recommendations on loan structuring and alternative structures that may be more appropriate for the transaction.
• Ability to work in a high-volume environment, meeting or exceeding Service Level Agreements and turn time goals throughout the process, providing credit decisions in a timely manner.
• Work independently on special projects related to credit topics and issues as requested by Bank Credit team(s).
• Support the Bank's strong relationship banking culture through on-going internal partner contact, quality customer service, and superior product knowledge.
• Understand and adhere to the Bank's Bank Secrecy Act policy and procedures and "know your customer/enhanced due diligence" guidelines.
• Brings any suspicious activity to the attention of a supervisor, or the Bank Secrecy Act Officer.
• Follow all Bank policies and procedures to ensure compliance with all laws and regulations.
• May perform other duties as assigned.

Requirements

• Bachelor's degree required for consideration
• Five (5)+ years of commercial credit underwriting experience

Skills

• Fundamental understanding of commercial credit underwriting
• Ability to interact with all levels of clients, staff and management
• Ability to work successfully in a deadline driven team environment
• Strong MS Office skills, especially with Excel
• Must be organized and detail oriented with the ability to multitask
• Good written and oral communication skills
• Good fundamental understanding of general bank operations, proficient understanding of the components of financial planning, deposit products, small business products, investment and insurance products
• Knowledge of Moody's CreditLens preferred
• Knowledge of nCino preferred

Benefits

• Medical with wellness incentives, dental, and vision
• HSA with company match
• Maternity and parental leave
• Tuition reimbursement
• Mentor program
• 401(k) with 6% match