Underwriter

Salary Range : $90,000.00 To $150,000.00 Annually

JOB SUMMARY

With minimum supervision, provides direct support to Loan Officers to develop and analyze all relevant credit information pertaining to more complex commercial and business loans. Prepares or assists in the preparation of, Credit Authorizations in accordance with Bank’s policies and procedures for presentation to senior credit personnel and / or credit committees. Spreads and analyzes financial statement information to determine financial capacity of borrowers. Prepares thorough analysis of business and / or personal financial statements and presents facts and is expected to provide personal analytical opinions, as appropriate, concerning creditworthiness of existing borrowers and prospects.

PRIMARY FUNCTIONS

• Interacts directly with loan officers and customers / prospects regarding commercial business loans.
• Prepares accurate financial statement spreadsheets and debt service analysis derived from business and personal financial statements and tax returns.
• Prepares accurate Credit Authorization’s in conjunction with loan officers and presents a complete and thorough analysis of existing and potential borrowers.
• Recognize and act on customer prospects, cross sell opportunities with existing customers.
• Make proper referral of loan opportunities to lending personnel.
• Interacts independently, without direction with customers / prospects to request financial information to complete spreading presentations and other financial analysis.
• Assists in the accurate determination of a borrower’s debt service capacity in conformity to the type of credit analyzed.
• Reviews loan agreement covenants for verification of the compliance thereto.
• Accurately prepares financial projections as required.
• Maintains an accurate, up-to-date tracking log of all activity and credit arrangements in process.
• Collects industry information relevant to existing and proposed borrowers using internal & external sources.
• Consult with the President, Chief Credit Officer, Credit Administration Officers, and other Loan Officers, on credit structure, pricing, collateral and other credit consideration issues.
• Gather information from the Bank’s LAS system to compute lending liability to the Bank.
• Conducts trade and reference checks on customers / prospects.
• Review documentation to ensure compliance with Bank policy and procedures.
• Performs special projects as designated by the Credit Administration.

QUALIFICATIONS :

To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and / or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

EDUCATION AND / OR EXPERIENCE :

Bachelor's degree (B. A.) from four-year college or university; or 5+ years related experience and / or training; or equivalent combination of education and experience.

Knowledge of :

Abilities :