Commercial Underwriter

Responsibilities Include:

Primary responsibilities include preparing detailed credit analysis on commercial credits to provide FourLeaf’s Credit Committee with sufficient information to make a sound credit decision, review of all credit approval memos prior to submission to the department VP and Credit Committee, and to underwrite credit scored loans up to an approved limit, all in accordance with FourLeaf’s policies and procedures.  Work effectively with the sales team and support staff to manage all aspects of the portfolio.

Recommend risk ratings and pricing for each approved credit application.  Spread borrower’s financial statements or tax returns into a standard spreadsheet form to provide support of the financial analysis of the borrower.

Provide credit support to relationship managers, management, members and prospective members while maintaining extraordinary service standards.     Responsible for the timely evaluation of annual reviews and the satisfactory resolution of credit deficiencies, such as collateral exceptions and covenant violations.

Responsible for underwriting review of all credit approval memos prior to submission to department AVP and Credit Committee.  Assure that all loans are decisioned and closed within expected time frame. AS well as correspondence with Credit Union counsel in coordinating closing transactions. Assist in general pipeline management and correspondence with participation credit union.   

Assist in the development and maintenance of appropriate portfolio management reports to track loan outstandings, committed balances, UCC filings, risk ratings, annual reviews, loan covenants, portfolio composition of lending products and industry exposure.

Maintain underwriting files according to established FourLeaf guidelines and regulations.  Prepare and maintain all closing documentation for each credit facility.