The ideal candidate for the Commercial Small Business Banking Underwriter position will have the skills and experience necessary to:
Responsible for compilation of data as it relates to preparation of credit packages (or pre-screens) incorporating spreads, cash flow, value of related collateral, appraisals, audits and other data.- Interpret outcome of analysis and prepares summary, recommendations and may make joint presentations with Relationship Manager (RM) to Credit Approvers on renewals and new loans submitted.
- Evaluate, analyze and form opinions for the approving or denying of commercial, commercial RE, and/or business banking loan applications.
- Spread financial statements, identify credit strengths and weaknesses, provide detailed and documented analysis of credit worthiness.
- Ensure credit requests are processed in accordance with bank policies, banking regulations and laws.
- Identify risk and mitigating factors related to conducting a thorough credit analysis for approval.
- Respond to internal and external customer inquiries.
- Recommend exceptions based on findings.
- May work closely with Relationship Manager on the more complex aspects of loan structuring, including long term, fixed vs. variable rates, pre-payment penalty and other variables.
- May have authority to approve loans beyond the organizations guidelines.
- Senior most level may function as a lead and be responsible for second level approvals.
- Other duties as assigned.
Qualifications:
Requires a Bachelor's in Finance, Business, Accounting or a related field and 1+ year commercial, commercial real estate credit or small business underwriting, spread analysis, lending, underwriting concepts, practices and procedures or other directly related experience.- A combination of education and experience may meet qualifications.
- Basic knowledge of commercial, commercial RE and/or small business credit underwriting, spread analysis, lending, underwriting concepts, practices and procedures.
- Basic knowledge of C&I and CRE loan requirements with the ability to identify risk and mitigating factors related to conducting a thorough credit analysis for approval. Knowledge of balance sheets, income and cash flow statements.
- Good understanding of commercial and/or small business lending policies and procedures and general banking laws and regulations.
- Ability to analysis and research financial statements, business plans, credit reports, debt ratios and loan to value information.
- Possess good judgment, ability to make sound decisions.
- Ability to accept responsibility and handle confidential information.
- Must have good customer relations and communication skills.
- Must be a self-starter, dependable, accurate in completing responsibilities with strong attention to detail and organizational skills.
- Working knowledge of a various related software applications, including spreadsheets, word processing, etc.
Benefits:
Medical, Dental and Vision Insurance - START DAY ONE!- Life and Disability Insurance, Paid Parental Leave and Adoption Assistance
- Health Savings (HSA), Flexible Spending (FSA) and dependent care accounts
- Paid Training, Paid Time Off (PTO) and 11 Paid Federal Holidays
- 401(k) plan with company match, Profit Sharing, competitive compensation in line with work experience
- Mental health benefits including coaching and therapy sessions
- Tuition Reimbursement for qualifying employees
- Employee Ambassador preferred banking products
- Employees may, at the company’s discretion, be eligible to receive a cash bonus award
