What are the responsibilities and job description for the Corporate Credit Underwriter position at First Foundation Bank?
Job Description
Job Description
Summary : The Corporate Credit Underwriter is responsible for the daily management of an assigned Corporate Loan portfolio.
Duties and Responsibilities :
- Daily management of an assigned Corporate Loan portfolio with a focus on Structured Finance, Asset Based Lending, and other complex credits
- Understands and complies with the requirements of all laws and regulations applicable to the position
- May maintain corporate loan files in partnership with assigned Corporate Underwriter(s) to ensure documentation is organized and complete in electronic files for third-party reviewers
- May prepare internal reports for senior management that identify trends, concentrations, and opportunities within the portfolio
- Monitors ongoing borrower compliance with loan covenants and financial reporting requirements on all assigned loans
- Responsible for ensuring that approved loans adhere to the Bank’s credit policies and procedures
- Ensure that all aspects of requested credit accommodations meet regulatory requirements and achieve profitable loan objectives, which have a significant impact on the Bank’s profitability
- Responsible for drafting Commitment Letters; ensuring that the terms and conditions of the loan approval are accurately reflected
- May attend and represent FFB in various syndication opportunities and other Lender meetings
- Maintain a complete understanding of the Bank’s lending objectives, its credit policies, and procedure, and the underwriting process, as well as various Bank lending products; this includes but is not limited to Structured Finance, Asset Based Lending, Business Lines of Credit, Business Equipment Loans, and Owner-Occupied Commercial Real Estate Loans
- Evaluate the creditworthiness of prospective Borrower(s) and all Guarantor(s)
- May conduct property inspections of proposed collateral to satisfy any questions or doubts raised in the underwriting process
- Recommend approval of loans, declination of loans, or required changes in the amount, interest rate, or loan structure to ensure conformity with the Bank’s credit policy
- Promote and provide excellent customer service by effectively communicating and cooperating with all internal and external customers
- Cross-sell the Bank’s numerous wholesale and retail Bank products where applicable
- Perform other duties as assigned
Qualifications : To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and / or ability required.
Reasonable accommodations may be made to enable individuals with disabilities to perform essential functions.
Education and / or Experience :
Skills :
Physical Demands : The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform essential functions.
While performing the duties of this job, the employee is regularly required to sit for long periods; use hands to operate controls on the computer; reach with hands and arms for phone and computer work; and communicate on the phone while wearing a headset for extended periods. The employee must occasionally lift and / or move up to 10 pounds. Specific vision abilities required by this job include close vision, distance vision, color vision, peripheral vision, and the ability to adjust focus. This job description is subject to change at any time.
First Foundation is an equal opportunity employer, and all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, protected veteran status, status as a qualified individual with a disability, sexual orientation, gender identity, or any other characteristic protected by law.
