What are the responsibilities and job description for the Underwriter-Business Express position at MidFirst Bank - Default?
The Business Express Underwriter analyzes sources of financial information in order to approve or deny commercial loan applications within individual lending authority.
Responsibilities for the Business Express Underwriter include:
• Analyzing sources of financial information, such as tax returns, financial statements, credit bureaus, and other sources in order to approve or deny commercial loan applications within individual lending authority.
• Reviewing and recommending proper structure for commercial loans based on financial strength and loan purpose.
• Establishing and maintaining good working relationship with Business Relationship Managers.
• Using logic, analysis and methods to define problems and offers useful solutions.
• Developing proficiency when using a loan origination application processing system.
Position Requirements:
A Bachelor's degree is preferred, however, 2-4 years of related underwriting and/or loan processing experience can be considered in lieu of a degree. Candidates must have knowledge of financial and tax accounting, general underwriting, and analytical skills as well as knowledge of credit risk principles. Strong oral and written communication skills are also required. Candidates must be proficient in Microsoft Excel and Word and have the ability to quickly acclimate to new software and systems.
A minimum of 3-5 years of credit analysis experience is preferred.
The ideal candidate will also:
• Work effectively under pressure and deadlines to complete tasks.
• Look beyond the obvious to find more than one option/solution to choose from in an effort to solve problems for the good of all involved.
• Prioritize and work on multiple tasks effectively, while maintaining high quality work results.
• Clearly and effectively communicate information using the best method for the situation and the intended audience.
• Quickly learn new skills and knowledge and apply to role.
• Receive and carry out instruction in a positive manner.
• Work independently with little supervision.
• Possess advanced skills in MS Excel and other related applications.
• Demonstrate knowledge in RMA or other commercial lending courses.
