Senior Commercial Underwriter - Bank

Commercial Underwriter
Our bank client is seeking to fill a Sr. Commercial Underwriter role in the Waukesha, WI area. The position is responsible for underwriting new commercial loan requests, renewals, and annual reviews, which includes the preparation of the appropriate credit analysis and risk rating package. Reviews collateral documents to include: appraisals, title policies, environmental reports, surveys, leases, and construction contracts. Commercial Underwriter responsibilities include:
Completes all sections of the appropriate credit analysis and risk rating package so that the loan request and structure, collateral analysis, borrower background, financial statement analysis, cash flow analysis, loan policy compliance, future financial statement requirements, strengths and weaknesses, and conditions to close are detailed in such a manner that a loan decision can be made.
Meets with Commercial Loan Officers and/or borrowers to understand existing loans and new loan requests.
May be asked to attend Commercial Loan Committee meetings to present credit analysis information and/or other information relative to this position.
Requests and analyzes all necessary collateral documents and takes a proactive approach in resolving any issues.
Requests the necessary financial statements for the completion of annual reviews.
Provides feedback to Commercial Loan Officers and supervisory staff regarding concerns with any aspects of loans underwritten. Recommends and models appropriate loan structures for new and existing loan relationships.
Completes annual reviews as per the requirements of the business loan policy and the dates established in the credit analysis package. Analyzes and studies the trends to determine the appropriate risk rating. Makes recommendations on risk rating changes.
Maintains annual review and risk rating reports.
Assists in the annual review of the Commercial Lending Policy.
Bachelor's degree in business or related field and a minimum of 5 years of direct experience in business/commercial credit analysis. Experience in software or systems used for credit analysis, and deposit and loan products.
Must have strong financial and credit analysis skills, as well as a detailed understanding of business credit documentation and business collateral documents.
Must develop a thorough understanding of company policies and procedures as they relate to this position. Must comply with all company policies and procedures and all job-related state and federal laws and regulations.