Commercial Underwriter

Commercial Underwriter

Department: Credit

Reports To: Senior Commercial Underwriter

Supervises: None

Status: Non-exempt

SUMMARY

Responsible for analyzing and monitoring the credit worthiness of the bank’s customers. Analyzes credit data to estimate degree of risk involve in extending credit or lending money to firms or individuals.

ESSENTIAL DUTIES AND RESPONSIBILITIES include the following. Other duties may be assigned.

Obtains loan request information from commercial lender or borrower to analyze credit information, financial statements and other related information pertaining to the loan

Analyzes loan data on new, renewal and existing commercial loans, including data provided by credit bureaus, other financial institutions and financial institution files

Researches background documentation and reviews personal and business financial statements and tax returns. Analyzes financial information and prepares the preliminary analysis for the lender

Reviews and prepares written analysis, spreadsheets, reports, summaries and opinions. Prepares and assists in the preparation of loan memorandum for presentation to lenders and/or loan committees

Assists with annual review of Bank's large relationships and assigns grades in accordance with loan policy.

Work with loan officers and bank management to collect financial and credit file documentation used in credit request analysis.

EDUCATION and/or EXPERIENCE

Bachelor’s degree (B.A.) from four-year college or university in finance or accounting or related field or two years credit analyst experience or equivalent combination of education and experience.

BANK SECRECY ACT

In the performance of respective tasks and duties, the employee is expected to maintain knowledge of and ensure compliance with Bank Secrecy Act regulations and all other regulatory, security and bank policies.

COMPANY CONFORMANCE

In the performance of respective tasks and duties, the employee is expected to successfully perform quality work within deadlines with or without supervision, interact professionally with other employees, customers and suppliers; work effectively as a team contributor on all assignments and work independently while understanding the necessity for communicating and coordinating work efforts with other employees and organizations.

PHYSICAL/WORK CONDITIONS

In the performance of respective tasks and duties, the employee is expected to successfully perform the essential functions of the position. Reasonable employee accommodations for physical or mental disabilities will be considered on a case-by-case basis. While performing duties the employee is required to sit, talk, hear, lift up to 20 lbs., and may be required to work evenings and/or weekends, attend remote meetings and/or to travel.

OTHER DUTIES

This job description in no way should be construed as a contract for employment. These job duties may be subject to change at any time due to reasonable accommodation or other reasons. Nothing in this job description restricts management’s right to assign or reassign duties and responsibilities to this job at any time.

Revised 050823

EOE