Job Description -Commercial Credit Underwriter
Responsible for underwriting commercial type loans and preparing presentations Utilizes provided software/excel to score credit applications as well as create customer profile and security analysis Compile all Compliance documents
Performs annual reviews
Responsible for conducting research on borrowers and industries
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
Completes annual reviews, modifications, extensions, renewals, and new loan requests for customers with minimal required changes from the credit approvers Analyzes more complex credits with assistance from Manager Credit
Applies experience with comparable credits to recommend appropriate covenants, terms, and conditions, and structure for a credit request Identifies policy exceptions within a credit request
Discusses risk ratings and the rationale for the determination of acceptable credits with the compliance officer, Manager Credit and credit approvers.
Knowledge and Skills:
Knowledge of financial statement analysis, general accounting, cash flows and various loan calculations.
-Bachelor’s degree in Finance, Accounting, or Business Administration preferred; e Minimum 5 years of operating business/commercial lending experience required