Commercial Underwriter

CountryPlace, a rapidly growing nationwide lender, is seeking to fill a Commercial Underwriter position at the corporate office in the Dallas metro area.

Job Description

The Commercial Underwriter completes financial analysis for floorplan lines, floorplan buyouts and other commercial lending, including real estate and revolving lines of credit. Responsible for facets of commercial credit packages, including clear communication of risks and any recommended mitigation strategies, consulting with Legal to protect interests, maintenance of UCC filings, and review of loan documentation prior to funding.

Job Responsibilities:

• Underwriting commercial loan requests for new and existing relationships by analyzing the financial condition utilizing financial statements, tax returns, CPA statements, general ledgers, trial balances, account schedules, bank statements, or any other necessary documentation
• Cash flow analysis and pro forma forecasting and scaling
• Full understanding of business entity legal ownership structure and clear, concise explanation of those structures. Ensure appropriate security (guarantees, collateralization) are recommended per both the risk profile and ownership structure
• Direct package decisioning to the appropriate authority level; present and communicate package details as required by that authority level, including recommendation
• Ownership of assigned UCC filings, ensuring legal security matches that defined in the credit package
• Timely and clear communication to key stakeholders through the underwriting process
• Obtain answers to any questions regarding the financials, line amounts, loan structure, or any other relevant facets of the loan
• Maintain a customer focus throughout the underwriting process; no shortcuts, but be aware of timing and relevance of requests of dealers to the final product
• Prepare legal documents and follow up to ensure necessary documentation is received
• Final review of loan documentation and audit prior to loan funding
• Periodic account reviews and maintenance
• Ad hoc projects as needed

Position requirements, capabilities, and skills:

• Superior analytical skills
• Excellent verbal and written communication skills
• Outstanding organizational and project management skills to balance portfolio management and deal execution responsibilities
• Interpersonal skills to collaborate with teammates, plants, senior management, and clients
• Strong work ethic with an ability to meet deadlines while multi-tasking
• Ability to identify and resolve problems in a timely manner
• Effective decision-making, customer service and problem-solving skill
• Strong attention to detail and accuracy
• Ability to work effectively in a team environment

Minimum qualifications:

• BA/BS degree required
• 1-2 years of Commercial Underwriting experience or equivalent including credit, structuring, financial statement analysis and marketing experience
• Beginning to intermediate MS Office skill in Excel, Word and PowerPoint

Applicants must be authorized to work for ANY employer in the U.S. We are unable to sponsor or take over sponsorship of an employment Visa at this time.  Local candidates only - relocation not available.

Disclaimer: The above statements are intended to describe the general nature and level of work being performed by associates assigned to this classification. They are not to be construed as an exhaustive list of all responsibilities, duties, and skills required of personnel so classified. All personnel may be required to perform duties outside of their normal responsibilities from time to time, as needed.

Cavco Industries and CountryPlace Mortgage are committed to providing equal employment opportunity without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, or any other protected status with respect to recruitment, hiring, promotion and other terms and conditions of employment.