What are the responsibilities and job description for the Commercial Underwriter position at Global Credit Union?
Overview
Reports to: Credit Administration Manager
Functions Supervised: None
Primary Functions: Responsible for providing an independent comprehensive written evaluation of commercial loans and relationships. This position will also assist in the preparation of annual reviews.
Duties and Responsibilities:
Qualifications
Education: Bachelor's degree in Business Administration or related field.
Creditable Experience in Lieu of Education: Minimum of 2 years direct business/commercial lending, underwriting or portfolio management experience within a financial services organization.
Experience/Skills: Solid understanding of accounting, financial statement analysis, interest calculations and loan documentation. Additional experience spreading financial statements, performing ratio analysis and the ability to formulate an independent credit view is desired. Must also demonstrate strong organizational and communication skills, along with solid analytical and computer skills to include Excel, Word, Outlook and Statement Analyzer or other equivalent financial statement spreading software.
Tenure: Senior Commercial Underwriter, Category 07, requires 3 years tenure in the Commercial Underwriter position with performance that meets or exceeds expectations and a promotion recommendation by the supervisor or manager. Directly related work experience and/or accelerated training completion may be substituted for tenure.
Compensation
Commercial Underwriter (Category 08)
Salary Pay Range: $72,717 - $119,983 annually. Starting base salary will be determined based on candidate experience, qualifications, education, and local or state wage requirements, if applicable and will fall within the range provided above.
In accordance with our Salary Administration policy, new hire base salaries generally fall within the minimum to midpoint of the listed range.
Benefits
- Short-term and long-term incentives
- Comprehensive medical, dental and vision insurance plan that has HSA and FSA options
- 401(k) plan with a 5% match
- Employee Assistance Program (EAP)
- Life and disability coverage
- Voluntary cash benefits for accident, hospitalization and critical illness
- Tuition Reimbursement
- Generous leave programs to include Paid Time Off accrual, Paid Sick Leave, Paid Holidays
- Click here to view Global’s comprehensive Benefits Programs.
Equal Opportunity Employer
Salary : $72,717 - $119,983
