Credit Underwriter

Primary Purpose:

Primary duty is to analyze, underwrite and decision credit decisions submitted by various lines of business within the Bank. Credit Underwriter has a working knowledge of small business underwriting, cash flow analysis, financial spreading, loan structure, loan decisioning, along with an understanding of various types of collateral and collateral valuations. Performs guarantor analysis, collateral analysis, historical financial analysis, projections, stress testing, and repayment capacity analysis to provide an objective determination of the credit worthiness of Small Business transactions.

Principal Duties and Responsibilities:

Obtains and analyzes pertinent financial and credit data to assist in determining the risk of the loan request(s).

Completes financial and repayment analysis with a focus on cash flow, liquidity, leverage, and collateral coverage.

Assesses strengths, weaknesses and mitigating factors of loan requests.

Ensures the following standard operating procedures are met when preparing analysis, reports, and presentations for management review: accurate historical financial statements; prudently prepared projections; and represents a clear focus on the merits, risks, and mitigation accordingly.

Thoroughly documents the credit request in the appropriate format.

Conducts research to determine the quality, character, and soundness to include but is not limited to: the analysis of basic statistical data & financial statements, guarantor analysis, etc.

Makes an informed credit decision (Approval, Counter, or Decline) based on the merits of the request.

Prepares analysis, reports, and presentations for review and approval by Department Manager or Credit Officers.

Works directly with the Relationship Mangers to review possible deals, deal structure, and collateral.

Interacts with other departments within the bank as necessary such as Loan Operations, Treasury Management

Strives to minimize turnaround time while thoroughly documenting credit requests.

Participate in training courses as requested.

Principal Duties and Responsibilities:

Knowledge of credit risk analysis and underwriting principles, methods, and practices.

Proficiency using Microsoft Office applications to include Word and Excel, as well as other database application systems. Strong Excel skills are a key component of this position.

Strong written and oral communication skills required, demonstrated ability to make persuasive arguments preferred.

Previous Underwriting/Loan Decisioning and/or Credit Analyst/Admin experience is required

SBA underwriting or related experience is preferred

Education:

Bachelor's Degree in Finance, Accounting or related discipline required.

Education

• Bachelors or better

Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities

The contractor will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the contractor’s legal duty to furnish information. 41 CFR 60-1.35(c)