Commercial Underwriter

Commercial Underwriter II (Equipment Finance)RemoteAt Pathward, we take tremendous pride in our purpose to create financial inclusion for all™. We are a financial empowerment company that works with innovators to increase financial availability, choice, and opportunity for all. We strive to remove barriers that traditional institutions put in the way of financial access, and promote economic mobility by providing responsible, secure, high quality financial products.We are a team of problem solvers and innovators who celebrate our differences and know that our unique perspectives make us stronger and well-positioned for success. We celebrate, and embrace, our team members through our HUMBLEHUNGRYSMART approach, and we believe that we are strongest when we embrace the voices of our employees, customers, partners, and the communities we serve.About the RoleResponsible for underwriting loans in a timely manner, resulting in an acceptable level of credit risk and an appropriate risk return relationship. Facilitate the booking of new loans, ensuring customers understand our company's requirements and their responsibilities. Manage the entire underwriting process through closing, and affect a smooth transition to Account Executives.What You Will DoUnderwrites the entire spectrum of lending products, regardless of size or complexity, in a timely and efficient manner.Understands and applies credit policies, corporate Program Standards, and minimum underwriting standards.Collaborates closely with the various Business Development Officers to provide a consultative/value added credit perspective, both prior to proposal issuance and thereafter.Reviews and analyzes new deal packages for content and completeness.Orders and reviews due diligence and documentation.Reviews and analyzes financial statement spreads and understand cash flows.Reviews and understands collateral and financial trends indicated therein.On occasion, be willing to visit prospect locations and meet management of the business prior to closing for transactions over a predetermined amount.Gains a thorough understanding of the prospect's business and what is impacting the company's growth, or declining, performance.Reviews reporting requirements and processing with clients.Analyzes debtor information in conjunction with Debtor Credit Manager.Prepares the credit narrative/CAR (Credit Approval Report) for appropriate approval and/or credit committees.Reviews the closing documentation and effectively negotiate with the prospect client, internal/external legal counsel, and/or other transaction stakeholdersMentors and trains analysts, and less experienced business development representatives.Other duties as assigned.What You Will NeedBachelor's degree or equivalent education and work experience.3+ years relevant experience.Business AcumenCustomer FocusCollaboratesCommunication SkillsNegotiatingThe responsibilities listed above are not all inclusive and may be changed at any time.Salary range: $72,000 – $120,000The salary range reflects the minimum and maximum target for a new hire in this role. Individual pay within the range will be determined by multiple factors which can include but are not limited to a candidate's experience, qualifications, skills, and location. Your recruiter can share more about the specific salary for your location during the hiring process. Ranges may be modified in the future. This role is also eligible for an annual performance-based incentive opportunity. Pathward offers a comprehensive benefits package for eligible employees, including health insurance, 401(k) retirement benefits, life insurance, disability benefits, paid time off, and more.Don't have everything listed under qualifications? If you're excited about this role but your experiences don't match exactly to everything in the posting, we encourage you to apply anyway. You may be just the right candidate for this or other Pathward roles. Pathward is an equal employment opportunity employer and considers candidates for roles without regard to their race, sex, national origin, ethnicity, age, disability or any other category protected by law.Our commitment to inclusion is woven into our DNA. We believe that we are strongest when we embrace the voices of our employees, customers, partners, and the communities we serve.We provide equal employment opportunities (EEO) to all employees and applicants for employment without regard to race, color, ethnicity, religion, sex, sexual orientation, gender identity, transgender status, pregnancy, national origin, age (age 40 and over), disability, genetic information, marital status, hair texture or hairstyle, ancestry, service in the uniformed services, protected veteran status, status as a victim of domestic violence or any other class protected by federal, state and local laws.Applications will be accepted for a minimum of 3 days after posting, and there is no predetermined date by which applications should be submitted.Knowingly submitting false information will result in disqualification for consideration of future positions, termination of employment and forfeiture of other rights.