Commercial Underwriter II

Overview

Remote position that may be hired in AZ, KA, OR, NM, NV, or TX.

This Commercial Underwriter II role supports the commercial lending team by underwriting commercial portfolios with advanced complexity. The position provides guidance on structuring, servicing, and analysis for both new and renewal credits. You will identify, gather, and review financial information to determine borrower risk ratings and appropriate loan structuring, assess and communicate risks to support risk mitigation strategies, and provide service and support to associates and clients (including participation in client calls). The role may also assist with special projects and provide direction to less experienced underwriters in the work group.

Responsibilities

• Underwriting: Underwrite commercial credit actions according to applicable regulations, procedures, and guidelines. Review financial statements, communicate with clients or prospects, perform analysis to recommend borrower risk ratings and appropriate loan structuring, and ensure all involved parties are updated on underwriting progress and outcomes.
• Guidance to underwriters: Provide guidance to less experienced underwriters on underwriting procedures and information needs.
• Financial analysis: Source, compile, and interpret financial data to support structuring and approval of loans. Review industry information and comparisons, key risks and mitigants, and collateral to form a business overview of the borrower. Use analysis results to underwrite commercial loans.
• Risk management: Identify risks through review, analysis, and research of new and existing commercial credit requests and relationships. Work with bank associates and partners to resolve risk issues, communicate review schedules and potential changes in the commercial portfolio, and assist with coordinating review and renewal schedules for existing credits to support ongoing risk identification and management.
• Business support: Assist in identifying cross-sales opportunities for new and existing relationships based on analysis activities. Identify servicing information and prepare credit analysis documentation. Partner with associates and clients to determine needs and structuring for new requests, renewals, and modifications, participating in client and prospect calls as needed.
• Development and training: May assist management with peer development and training.

Requirements

• Education and experience (minimum required):
  • Bachelor’s Degree and 4 years’ experience, OR
  • High School Diploma or GED/Equivalent and 8 years’ experience in Commercial Lending or Credit Analysis, including financial statement spreading, preparation of projections, and trailing twelve month analysis.

Preferred Qualifications

• 6–8 years of experience in commercial underwriting in C&I, Medical
• Experience with credit relationships $5 million and above
• Microsoft Excel competency required
• Strong written and verbal communication skills required
• Exceptional attention to detail, strong time management skills, and ability to balance and prioritize multiple tasks while maintaining accuracy and meeting deadlines

Compensation & Benefits

Benefits are an integral part of total rewards, with a quality benefits program designed to meet the needs of associates.