Commercial Underwriter III (Healthcare)

Overview

Job ID: R239518

This role is for a Commercial Underwriter III (Healthcare) within the organization’s Central Credit Products Group. The position may be based remotely in select geographic locations, subject to approval. If approved, work must be conducted from a quiet, secure, and confidential home-based workspace. Occasional in-office participation may be required based on business needs.

Experience preferred in credit or portfolio management in one or more of the following specialty lending segments:

• Non-profit organizations
• Non-profit healthcare organizations
• Municipal governments

Visa sponsorship and participation in STEM OPT are not available for this position.

Responsibilities

• Work independently with little or no oversight, exercising exception and elevated approval authority.
• Prepare loan offerings for all types of transactions at any level of complexity, or manage a portfolio as assigned.
• Serve as a subject matter expert for certain asset classes and may represent or lead the department on special projects or assignments.
• Use independent judgment to identify risks and mitigants; prepare offerings and/or scorecards (including risk ratings) by analyzing credit, collateral strength, and the financial worthiness of loan/transaction parties.
• If relevant, perform ongoing credit risk management for the assigned portfolio.
• May coach and/or review the work of other underwriters and fill in for a manager as required.
• Contact internal/external customers and other parties to gather information and clarify inconsistent, incorrect, or missing information.
• Complete relevant pre-approval and post-approval activities.
• Identify and/or confirm all external regulatory requirements and ensure internal policies and procedures are followed.
• Make recommendations on credit decisions or make credit decisions directly, as appropriate.

Qualifications

• Roles at this level typically require a university/college degree and 3+ years of relevant/direct industry experience.
• Certifications are often desired.
• In lieu of a degree, a comparable combination of education and experience (including military service) may be considered.

Preferred Skills

• Credit Decisions
• Decision Making
• Financial Analysis
• Identifying Risks
• Process Improvements
• Results-Oriented
• Risk Assessments

Competencies

• Accuracy and Attention to Detail
• Coaching Others
• Credit Analysis and Verification
• Decision Making and Critical Thinking
• Effective Communications
• Financial Analysis
• Knowledge of Underwriting
• Managing Multiple Priorities
• Office Support Tools
• Operational Functions

Compensation & Benefits

Pay Transparency

Base Salary: $86,250.00 – $143,750.00

Salaries may vary based on geographic location, market data, and on individual skills, experience, and education.

This role is incentive eligible, with payment based upon company, business and/or individual performance.

Benefits (eligibility dependent)

Options for full-time employees may include:

• Medical/prescription drug coverage (with a Health Savings Account feature), dental, and vision
• Employee and spouse/child life insurance
• Short and long-term disability protection
• 401(k) with company match, pension, and stock purchase plans
• Dependent care reimbursement account
• Back-up child/elder care
• Adoption, surrogacy, and doula reimbursement
• Educational assistance (including select programs fully paid)
• Wellness program with financial incentives

Paid time off (eligibility dependent) may include:

• Maternity and/or parental leave
• Up to 11 paid holidays each year
• 9 occasional absence days each year, unless otherwise required by law
• Between 15 to 25 vacation days each year, depending on career level
• Years of service

Application Details

The opening is generally expected to be posted for two business days from 11/01/2026, although it may be longer with business discretion.

Equal Employment Opportunity & Regulatory Notice

This position provides equal employment opportunity to qualified persons regardless of protected characteristics.

This position is subject to the requirements of Section 19 of the Federal Deposit Insurance Act (FDIA) and, for any registered role, the Secure and Fair Enforcement for Mortgage Licensing Act of 2008 (SAFE Act) and/or the Financial Industry Regulatory Authority (FINRA), which prohibit the hiring of individuals with certain criminal history.

Disability Accommodations

Reasonable accommodations are provided to employment applicants and qualified individuals with a disability who need an accommodation to perform essential functions of their positions. If an accommodation is required to participate in the application process, request an accommodation through the process provided by the employer.