Senior Commercial Underwriter

It Starts With Our Employees FourLeaf's ultimate goal is to provide the best-in-class member and employee experience, and it all begins with two things: hiring incredible people and giving them a great place to work.What You’ll DoThe Senior Commercial Underwriter is responsible for commercial credit activities for FourLeaf ensuring consistency with MBL policy and commercial credit standards for commercial lending activities and portfolio.This opportunity is open to flexible work options including a remote set up.Core ContributionsReview and analyze commercial loan packages, including leases, rent rolls, tax returns, financial statements, credit reports, appraisal reports, and environmental reports. Assess market data and risk in order to determine creditworthiness and make a sound credit decision in accordance with FourLeaf’s policies and procedures.Prepare spreads of applicants’ financial statements and/or tax returns into a standardized spreadsheet form in order to provide support for financial analysis of the borrower.Handle higher volume and more complicated deals including C&I and construction transactions. Prepare detailed credit approval memos (CAMs) to be reviewed by department AVP and FourLeaf credit committee, ensuring adherence to FourLeaf lending guidelines and including full analysis of property occupancy, cash flow, market outlook, guarantor strength, potential risks and mitigating factors.Recommend risk ratings and/or credit restructuring based on risks identified during underwriting.Assist in upkeep of the commercial credit pipeline and provide updated statuses for loan files in process. The underwriter will take ownership of the assigned file, ensuring that all loans are decisioned and closed within the expected timeframes.Correspond and collaborate with FourLeaf legal counsel, relationship managers, commercial operations specialists, commercial lending management, members, and prospective members as necessary while maintaining extraordinary standards of service.Assist Commercial Capital Markets Manager in providing answers and documentation to participants’ requests for loan sales.Maintain underwriting files and review loan documentation prepared by legal counsel to ensure accuracy of information and continued adherence to FourLeaf policies and procedures.Assist with answering auditors’ questions and requests during internal and external audits of FourLeaf’s commercial lending portfolio and underwriting practices.Assist the workout and portfolio teams for annual review and workout evaluation and proposals.Mentor and coach other underwriters or teammates.Assist in updating lending and underwriting policies, guidelines and procedures to ensure compliance.Assets You Will BringBachelor’s Degree in Business/Finance.5-9 years of experience.Strong analytical skills for documentation and evaluating owner occupied commercial real estate transactions and C&I.The estimated salary for this role is $106,391.00 - $127,669.00 annually. (FourLeaf Federal Credit Union provides a range of benefits with various enrollment periods, including medical, dental, and vision coverage, a 401K plan with employer match, reimbursement programs, wellness programs, and an annual performance-based bonus.)What Sets Us Apart?Along with a comprehensive benefit package, we offer:Competitive 401kTuition reimbursementFlexible work optionsVolunteer opportunitiesWater Cooler Chats with executive teammatesClubs & SportsFood truck days….and more!Who is FourLeaf?FourLeaf Federal Credit Union (FourLeaf) has been committed to the financial well-being of our members for over 80 years. Through our full range of competitive savings and loan products, you can trust us in every step of your financial journey. From applying for a credit card to closing on your mortgage to opening your child’s first savings account, FourLeaf is here to help you reach your financial goals.We are proud to be an award-winning place to work! Some of our recent recognitions include Certified Great Place to Work 2024-2025, America’s Greatest Midsize Workplaces 2025, and Fortune’s Best Workplaces in Financial Services & Insurance 2024. As a credit union, our vision is to enrich the lives of our members, employees, and communities. Since 2002, we have been an integral community partner through our charitable giving and community development programs in New York and beyond.Job SummaryRequisition Number: SENIO006736Job Category: Commercial OriginationsSchedule: Full-Time