What are the responsibilities and job description for the Senior Credit Underwriter- CLC position at Cadence Bank?
Primary Purpose:
The Senior Credit Underwriter position is responsible for supporting a portfolio of business and aggressively soliciting and servicing prospective and current clients to produce a variety of commercial loans, as well as generating and managing a portfolio of non-loan business and/or corresponding relationships. Key responsibilities include working with officers to underwrite, structure and document quality loans per bank policy, and to assist officers in offering other appropriate services provided by the bank. Incumbents will also coach and assist officers in working with clients/prospects, including explaining bank policies and processes, and addressing client questions during the lending process.
Principal Duties and Responsibilities:
- Client facing partnership with account officer
- Provides objectivity to the Credit approval process
- Underwrites new transactions
- Underwrites and documents renewals, modifications and covenant violations
- Prepares LSS, RES, CRE granularity, AMP and Risk rating
- Reviews commitment letters
- Reviews and approves annual reviews and tenant underwriting for report to loan committee
- Ensures adherence to Credit policy, guidelines and regulatory requirements
- Engages outside counsel via the RMA
- Assists loan document negotiations
- Supports the growth and development of the assigned commercial lending loan portfolio by effectively managing client portfolios.
- Handles TI and lease approvals
- Provides ongoing coaching and support for credit analysts
- Effectively monitors portfolio for revenue opportunities and/or loan exposures.
- Responsible for credit analysis, proper loan structuring and overall sales efforts in area.
- Assists in the sales proposal process, including accompanying the lenders on customer and prospect calls and various other sales/customer oriented projects.
- Establishes and maintains relationships with current and prospective clients. Leverages customer knowledge to proactively identify and recommend opportunities to cross-sell additional loan and non-credit products to clients.
- Manages loans through the lending process.
- Presents loan requests and renewals to Senior Management and Loan Committee.
- Completes all requirements of loan bookings, to include preparation, review, documentation and filing.
- Works with clients to modify and/or restructure existing loans as needed.
- Underwrites new loans, renewals, extensions and modifications.
- Reviews current account status, to include but not limited to, Past Due accounts and Notes Matured. Makes appropriate recommendations for these accounts.
- Monitors portfolio loan exposure including review of monthly maturity reports, daily overdraft activity reports and weekly past dues reports. Reports deteriorating credit situations in a timely manner.
- Participates in evaluating risk rating and make revision recommendations.
- Prepares lending activity reports for management and loan committee as needed.
- Works within the existing audit, compliance and regulatory framework to ensure a high quality, compliant book of business.
Job Specifications:
- Bachelor's degree (B. A.) from four-year college or university.
- Five to ten (5-10) years experience in a bank or lending setting and/or training; or equivalent combination of education and experience. Successful completion of Commercial Banker training and any other compliance training deemed necessary by the Bank. Knowledge of credit policies and standards and lending and lending policies and procedures.
- Strong business and financial knowledge and understanding of Credit Underwriter responsibilities; Strong knowledge of the company's products and services. Knowledge of the company's operations and management. Working knowledge of Microsoft Word, Excel, Outlook and other Web-based applications. Experience with Bank financial analysis and spread sheet systems associated with lending required. Developed analytical and underwriting expertise, credit quality focus. Formal credit training is a plus.
Disclaimer:
The above information on this description has been designed to indicate the general nature and level of work performed by employees within this classification. It is not designed to contain or be interpreted as a comprehensive inventory of all duties, responsibilities, and qualifications required of employees assigned to this job.
Education
We are an equal opportunity employer and all qualified applicants will receive consideration for employment without regard to race, color, religion, national origin, age, sex, sexual orientation, gender identity, disability, veteran status, genetic information or any other status protected under applicable local, state or federal nondiscrimination laws.
