Credit Underwriting Officer- Commercial Lending(Remote)

Description

Responsible for analyzing and monitoring credit worthiness of assigned commercial customers/accounts and recommending and/or approving credit within established guidelines. Includes analyzing financial statements and completing ratio and trend analysis of statements to determine if a customer is eligible for financing.

Major Areas of Accountability

Prepare high quality credit packages in support of new and existing financing requests which includes review and analysis of applications, financial statements, balance sheets, commercial credit reports , etc Prepare written recommendation as to whether the proposed loan should be approved as presented, and provide alternate loan structure recommendations.
Present to loan committee for loan approvals as necessary.. Communicate decisions.
Spreading business financial statements and tax returns using Moody's software to analyze multi-year trends and ratios from financial information.
Understand cash flow from operations, which includes identifying recurring and non-recurring sources of cash flow.
Research industry trends and risks.
Perform collateral analysis including heavy equipment, vehicles and other appropriate collateral.
Run credit reports and gather/analyze KYC information.
Spread personal financial statements and tax returns for individual guarantors, develop borrower and guarantor global cash flow analysis.
Work with other areas to monitor delinquency, delinquency trends and repossession activity.
Conduct annual financial statement review of borrowers and track and monitor the receipt by the Bank of this information.
Provide leadership and guidance to less experienced analysts; coach and mentor as appropriate.
Lead special projects as needed

Basic Qualifications:

Bachelor's degree in Finance, Accounting, Business or related field.
5+ years credit underwriting experience and prior credit approval authority.

Preferred Qualifications:

Ability to independently structure and underwrite most loan requests.
Detail oriented with the ability to analyze cash flow, leverage and gauge customer strength.
Excellent written/verbal communication and presentation skills.
Demonstrated ability to make sound business judgments while protecting the interests of the bank.
Experience coaching and developing others, informally or formally
Experience in lending to a wide variety of industries, loan types, and sizes of companies, including Construction, Transportation, Material Handling, Healthcare, and Manufacturing.

Workplace Type:

Hybrid

EEO/AA Employer/Minority/Female/Disability/Veteran/Sexual Orientation/Gender Identity

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