Commercial Loan Underwriter

The Loan Underwriter analyzes financial information, recommends loan actions, and approves loan requests within his or her authority as assigned. Analyzes commercial loan applications and renewals and determines credit worthiness and appropriate grading for consideration of the loan request.

ESSENTIAL DUTIES & RESPONSIBILITIES

• Analyzes loan applications to determine eligibility of request.
• Collaborate with different teams and stakeholders to facilitate the accurate and timely execution of underwriting decisions.
• Analyze underwriting data, assess risk exposure, and support the decision-making process for underwriting.
• Maximize portfolio revenue by practicing sound underwriting judgment and risk management principles.
• Ensure accurate and complete documentation of underwriting decisions, including risk assessments and pricing strategies.
• Coordinates the credit approval process, evaluates repayment, and mitigates risk.
• Analyzes key factors such as industry, management, and economic trends.
• Ensure underwriting practices adhere to industry regulations, company policies, and guidelines.
• Utilize underwriting software, data analysis tools, and relevant technologies to streamline processes and enhance accuracy.
• Other duties as assigned.

• Bachelor’s degree in Finance or related field.
• 3 – 5 years’ experience doing commercial underwriting.
• Experience in auto dealer commercial lending and/or automotive floor plan lending preferred.
• Data analysis proficiency, with strong ability to interpret underwriting data, assess risk factors, and provide insights to support informed underwriting decisions.
• Strong ability to identify and analyze complex issues related to underwriting and propose solutions.
• Knowledge of relevant industry regulations and compliance requirements.
• Excellent verbal and written communication skills.
• Excellent Microsoft Office (Excel, Word, Power Point, Outlook).