What are the responsibilities and job description for the Credit Underwriter position at MRI Spokane?
SUMMARY
This position is responsible for analyzing, risk-assessing credit application and preparing loan
presentation packages for commercial, SBA and USDA loans. Additionally, this position is
responsible for ensuring compliance with the Bank's credit risk management strategy, the Bank's
credit policy, with SBA's SOP and USDA's Guarantee Loan Making policy by performing the
following duties.
DUTIES AND RESPONSIBILITIES
- Underwriting :
o Consults with Loan Officer and prospects / client to validate new / renewal loan request.
o Organizes documentation for credit analysis and approval.
o Pre-Qualifies the credit request (preliminary) or escalate to Supervisor.
o Depending on the complexity of the credit package no less than one completed package
a week must be submitted to the appropriate approving authority as defined by loan policy.
o Originates quality credit packages with appropriate commentary, financial analysis, and
recommendations while ensuring compliance to regulations, policies and internal
procedures.
comments
o Financial Statements and Tax Returns
o Identifies discrepancies and inconsistencies and effectively explains
OFAC)
o Ensures accurate (compliant) completion of :
o Commitment Letter
o Formal SBA Loan Application
o Prepares SBA Authorization (SBA Wizard)
o Pulls PLP or ETRAN score (as appropriate)
o Updates various work logs
o Attends Meetings as required
o Follows up / tasks after meetings
o Assists "Closers" in gathering necessary documents required for closing but not required
for "underwriting".
o Accurate Scanning / Filing
o Compliance with Shared Drive filing and naming conventions
o Assists loan underwriting supervisors with new hires by acting as a "mentor"
o May assist in the interview process
o May be asked to assist with the ongoing maintenance of bank's boilerplate templates
o Attends training sessions as appropriate.
o Completes all bank required training
o Maintains current knowledge of risk-related changes that may impact assigned area(s)
of responsibility.
o Demonstrate compliance with all Bank regulations that apply to your position and keep up
to date on regulation changes.
o Performs other related duties as assigned by management.
o Participate in at least one CRA related event.
o Participate in one or more approved functions as determined by bank management.
SUPERVISORY RESPONSIBILITIES
QUALIFICATIONS
experience and / or training; or equivalent combination of education and experience.
COMPETENCIES :
PHYSICAL DEMANDS AND WORK ENVIRONMENT
moderate.
vision; Ability to adjust focus.
The above is intended to describe the general content of and requirements for the performance of this job. It is not to
be construed as an exhaustive statement of duties, responsibilities or physical requirements. Nothing in this job
description restricts management's right to assign or reassign duties and responsibilities to this job at any time.
Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
