Commercial Loan Underwriter

Commercial Loan Underwriter Opportunity

We are a professional staffing firm, working with organizations across the country to place exceptional candidates. Currently, we have a Commercial Loan Underwriter opportunity with a growing community bank. This is an excellent opportunity to join a high-performing team! The Commercial Underwriter will serve an integral role within the team via their underwriting of new loan requests; monitoring of the credit risk inherent in the existing portfolio; completion of annual reviews; as well as various ad hoc projects.

The Commercial Loan Underwriter is responsible for the specific duties listed below. Your specific duties will include:

• Prepare and review financial spreads and cash flow analysis' to ascertain the viability of incoming loan requests and/or the ongoing viability of existing loans.
• Prepare or assist in the preparation of concise, well-reasoned credit memorandums both for new requests, as well as renewals and annual reviews.
• Assist with the monitoring of the existing loan portfolio through report preparation and maintenance; provide recommendations and support for any upgrades/downgrades to risk ratings.
• Work with the VP Credit Administration Officer to facilitate various ad hoc projects related to loan and credit risk management.
• Assist with the presentation of loan requests to the respective committees for approval.
• Ensure compliance with established credit policies and procedures.
• Work with all members of the deal team to foster a smooth transition of loans through the due diligence and underwriting portions of the pipeline.

Required qualifications for the position include :

• Bachelor's Degree or Equivalent.
• Strong analytical and/or underwriting acumen.
• Highly developed communication skills including the ability to write clear and concise credit correspondence.

Preferred qualifications for the position include :

• Bachelor's degree in finance, Accounting or Economics.
• At least 2 years of experience in commercial credit underwriting.
• Strong focus on commercial real estate lending including Bridge Finance, Term Loans, etc.
• Prior lending experience a plus.
• Formal credit training.

Pay Rate Range : $65,000 - $80,000 annually. Compensation may vary outside of this range depending on a number of factors, including a candidate's qualifications, skills, competencies and experience, and location. Employees have access to healthcare benefits including medical, dental and vision as well as a 401(k) plan. Let one of our recruiters assist you in finding and preparing for interviews with our clients. Whether you are interested in a direct hire, temp-to-hire, or temporary position, Workway can help you to put your best foot forward. Workway, Inc. is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender, gender identity, national origin, disability, protected veteran status, or any other characteristic protected by applicable laws, regulations and ordinances.