Commercial Credit Underwriter

Our client is looking for Commercial Credit Underwriter

EDUCATION AND EXPERIENCE:

Bachelor’s degree in Finance, Accounting, Economics or Business Administration

Minimum 5 years of experience in business/commercial lending.

RESPONSIBILITIES:

Responsible for underwriting commercial type loans and preparing presentations

Utilize provided software/excel to score credit applications as well as create customer profile and security analysis

Compile all Compliance documents

Perform annual reviews

Provide support for business developers on new customers

Undertake the analysis, evaluation, and underwriting of proposed credit facilities for customers and prospects

Attend meetings with customers

Assess credit opportunities; identifies key risks, and structures alternatives working in a team environment

Responsible for preparing in-depth credit packages

Responsible for conducting research on borrowers and industries

Take ownership of the credit process, making decisions in the best interest of the customer and organization

\Provide support to account officers if needed

Responsible for measuring covenants put in place within loan agreements, with a clear understanding of the effect and purpose of those loan covenants, and communicates the compliance of the borrowers to the Manager Credit and Assistant Manager Credit as needed

Complete annual reviews, modifications, extensions, renewals, and new loan requests for customers with minimal required changes from the credit approvers

Analyze more complex credits with assistance from Manager Credit

Apply experience with comparable credits to recommend appropriate covenants, terms, and conditions, and structure for a credit request

Identify policy exceptions within a credit request