Credit Underwriter I/II-Commercial Real Estate Banking

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The Portfolio Management Underwriter is responsible for the ongoing management and primary accountability for all monitoring and maintenance activities for an assigned portfolio of commercial real estate loans, primarily consisting of larger/complex client relationships. They monitor the operating performance and financial conditions of existing commercial real estate facilities to proactively identify issues and opportunities. PMUs deliver financial, industry, economic and other analysis to facilitate decision making and inform risk rating recommendations, while also ensuring adherence to credit policies, guidelines, and applicable regulatory requirements. Additionally, the PMU is responsible for providing underwriting analysis and approval recommendations for various Borrower requests related to assigned client base/facilities. They report to the Senior Credit Manager and partner closely with the Credit Team (Credit Risk Manager (CRM), Relationship Managers (RM), Credit Officers (CO), and Underwriters (UW)) to ensure Client needs/requests are being addressed.  The PMU demonstrates strong judgement, sound credit skills, and is an active participant with the Credit Team in the credit approval process for complex clients/transactions.

Responsibilities:

• Responsible for post close credit activity including documenting the conditions for pre-approved extensions and the associated legal documents.
• Responsible for all monitoring and maintenance activities on an assigned portfolio including risk rating scorecards, annual sponsor/guarantor financial reviews, covenant compliance, construction monitoring, interest reserve analysis, lease reviews, loan reporting, and site inspections.
• Activities associated with the minor modification of existing credits and the extension of facilities which have qualified for defined extension options.
• Collateral analysis, sponsor/guarantor financial analysis, and review of related legal documents.
• Credit facilities include bridge, term, and construction loans for commercial real estate developers and investors.  The PMU is responsible to drive process simplification and improvement under the direction of management.
  

Required Qualifications:

• 2+ years commercial credit financial analysis and portfolio management experience
• Commercial Credit Training

Desired Qualifications:

• Bachelor’s degree in finance, accounting, economics or similar
• Certificate from accredited real estate educational program
• Large money center bank experience
• CRE portfolio management experience

Skills:

• Attention to Detail
• Credit and Risk Assessment
• Financial Analysis
• Underwriting
• Written Communications
• Analytical Thinking
• Credit Documentation Requirements
• Financial Forecasting and Modeling
• Recording/Organizing Information
• Business Acumen
• Collaboration
• Collateral Management
• Loan Structuring
• Prioritization

Shift:

1st shift (United States of America)

Hours Per Week: 

40