What are the responsibilities and job description for the Commercial Underwriter position at Insight Global?
Job Description:
An employer in the Indianapolis, IN area is seeking a Commercial Underwriter to join their team permanently. The company is a leading expert in financing for registered investment advisors (RIAs), CPAs, and insurance businesses. This Underwriter will be responsible for reviewing commercial loan applications and analyzing standard credit information packages to make assessment of applicant’s creditworthiness, and they will provide recommendation to the Executive Director and Director of Underwriting, and to Loan Committee as applicable, regarding the structure, underwriting, and management of loans. They will prepare and present credit memos for new and renewal requests on complex credits and large clients, for loan approval. These loans will in general be large in nature ($2.5MM - $20MM). The loans are funding acquisitions, refinance, debt, etc. Some traveling to client sites included.
Required Skills & Experience:
- 5 years of experience in a bank Commercial Underwriter (Commercial Lender or Underwriter mix experience is sufficient)
- Bachelor's degree
- Understanding from an accounting perspective
Nice to Have Skills & Experience:
- CRC (Credit Risk certified)
Compensation:
$140,000/yearly
Salary : $140,000
