Senior Credit Underwriter

Make a difference and join the DCA Team!  DCA gives employees more to do than merely make a living.  We are serious about helping Georgia's families live more abundantly with a greater sense of hope and achievement.  If public service, a great environment, and the desire to enrich the lives of others motivate you to do your best work, you should consider joining the DCA Team.  

OUR MISSION

To help build strong, vibrant communities.

OUR VISION

For Georgians of today and tomorrow to have the opportunity to live and work in thriving communities.

OUR CULTURE

We are a diverse team of highly competent and committed professionals who strive to help people and communities thrive through technical expertise, innovative thinking, and a passion for making a difference.  Team members are at their best when collaborating and supporting each other as they perform challenging and dynamic work

General Description

The Georgia Department of Community Affairs (DCA) is a state organization dedicated to partnering with communities to help create a climate of success for Georgia's families and businesses. DCA offers a fast-paced, challenging, and dynamic environment that requires attention to detail, pride in quality of work, and the ability to work as a versatile team player.

Overview of Job:

Senior Credit Underwriter (Community Finance Division)

General Statement of Duties

Under the supervision of the Director of the Office of Credit Services, this position will be responsible for preparing detailed financial analyses of businesses, financial institutions and local governments including development authorities.  The credit underwriter must perform the necessary level of due diligence in order to make a recommendation on the creditworthiness or financial strength of the business, financial institution, or local government. 

The Office of Credit Services performs a financial review of projects for the State's economic development programs that deal with downtown revitalization, business expansion, infrastructure support and incentive funding for the recruitment of businesses.  Entrepreneurs starting a new business or developers with a mixed-use project can be assisted with the State's economic development programs along with established businesses that are expanding.    

Detailed Statement of Duties and Responsibilities

1. Prepares a credit memo or risk analysis on the financial strength of a business or local government to be used in the review of applications submitted under one of DCA's economic development programs.
2. Prepares a review of the financial institutions that participate or partner in our economic development programs.
3. Prepares an infrastructure analysis on a local government's overall financial condition if required for the review of a project.
4. Recommends the appropriate loan structure with a DCA program or suggest other suitable financing options.  Identifies all conditions necessary for loan approval on the credit memo.
5. Examines credit information submitted including financial statements, tax returns, credit reports, industry data and business plans.  Analyzes a company's liquidity, profitability, operating and solvency ratios.
6. Participates in discussions with management on projects and presents the credit analysis during the formal review of projects.
7. Provides technical assistance to the program managers as needed on loan structuring or other finance-related issues on a project.
8. Assists the program manager with a completeness review of the credit information submitted in an application for financing assistance.
9. Discusses project financing with other lenders in project if necessary to verify commitments are in place and their support for the business and project.  Ensures the participating bank is aware and supportive of DCA's participation in the project.
10. Remains abreast of the regulations for DCA's economic development programs and participates in the review of projects under various programs.
11. Reviews the term sheet provided to DCA's closing attorney and the draft loan documents if requested.

Requirements

• Bachelor's degree in a finance-related area from an accredited college or university.
• Five years of commercial lending experience from a financial institution required or an equivalent combination of education and experience sufficient to perform the job duties and responsibilities of the job, as determined by the State of Georgia.
• Strong analytical skills with knowledge of commercial lending principles and proficiency with Microsoft Office Suite.
• Strong written and oral communication skills.

WORKING CONDITIONS (TRAVEL, HOURS, ENVIRONMENT)

This position is currently designated as a remote position.  This position is full time (40 hours per week) and may require occasional overtime.  Local periodic travel may be required. 

PHYSICAL/SENSORY REQUIREMENTS

Sedentary Work - Ability to exert 10 - 20 pounds of force occasionally, and/or negligible amount of force frequently to lift, carry, push, pull or otherwise move objects. Sedentary work involves sitting most of the time but may involve walking or standing for brief periods of time.

NOTE: All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, sexual orientation, age, disability, protected veteran status, or any other characteristic protected by law. All qualified applicants will be considered but may not necessarily receive an interview. Due to the large volume of submissions received by this office, information concerning application and/or interview status cannot be provided.  Selected applicants will be contacted for next steps in the interview process.  Applicants who are not selected will not receive notification.  This position is subject to close at any time once a satisfactory applicant pool has been identified.

DCA is an Equal Opportunity Employer. If you need an accommodation for an interview, please contact the Human Resources Office at (404) 679-4845

Hiring is contingent upon satisfactory results of employment verification, background, criminal records investigation, and motor vehicle reports.

This job description does not constitute an employment agreement between the employer and the employee and is subject to change by the employer as the needs of the business and requirement of the job change.  This job posting may close at any time upon gaining a sufficient applicant pool from which to select a qualified candidate.

All duties and responsibilities listed are considered to be essential job functions and requirements and are subject to possible modification to reasonably accommodate individuals with disabilities.  Marginal functions of the position (those that are incidental to the performance of the job duties) have not been included.   However, the omission of specific statements of duties does not exclude them from the position if the work is similar, related, or logical assignment to the position.