+1 (868)285-9JOB/ +1 (868) 293-0678 #143 Wrightson Road, Port of Spain, Trinidad & Tobago WI. Mon - Sat 8.00 - 18.00. Sunday CLOSED

Commercial Credit Underwriter

  • Location:
    NORTH - PORT OF SPAIN, WOODBROOK, ST. JAMES, MORVANT NORTH - PORT OF SPAIN, WOODBROOK, ST. JAMES, MORVANT NORTH - PORT OF SPAIN, WOODBROOK, ST. JAMES, MORVANT NORTH - PORT OF SPAIN, WOODBROOK, ST. JAMES, MORVANT
  • Salary:
    negotiable
  • Posted:
    1 week ago
  • Category:
    ACCOUNTING, FINANCE, AUDIT, INSURANCE ADMIN
  • Deadline:
    August 14, 2021
  • Gender:
    Male, Female, Other

Eastman and Associates Limited

Job Description -Commercial Credit Underwriter

DESCRIPTION:

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

  • Provides support for business developers on new customers
  • Undertakes the analysis, evaluation, and underwriting of proposed credit facilities for customers and prospects Attend customer meetings
  • Assesses 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

  • Takes ownership of the credit process, making decisions in the best interest of the customer and organization
  • Provides 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

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.

  QUALIFICATIONS

Knowledge and Skills:

Knowledge of financial statement analysis, general accounting, cash flows and various loan calculations.

  • Highly analytical thinking with demonstrated talent for identifying, scrutinizing, improving, and streamlining complex work processes.
  • Results-driven achiever with exemplary planning and organizational skills, along with a high degree of detail orientation.
  • Exceptional listener and communicator who effectively conveys information verbally and in writing.
  • Resourceful team player who excels at building trusting relationships with clients and colleagues
  • Applicable knowledge of Microsoft Office suite (familiarity with a loan servicing software a plus).

 

Education/Experience:

-Bachelor’s degree in Finance, Accounting, or Business Administration preferred; e Minimum 5 years of operating business/commercial lending experience required