Commercial Underwriting Associate - Statement Spreading

Overview

This role supports the underwriting function within the Statement Spreading organization. Work is performed remotely from a quiet, secure, confidential home-based workspace (subject to approval) and may require occasional in-office participation based on business needs.

The position is remote within one of the following Commercial Lending Origination (CLO) hubs: Pittsburgh, PA; Philadelphia, PA; Cleveland, OH; Cincinnati, OH; Birmingham, AL; Dallas, TX; Kalamazoo, MI; or Denver CO.

Hours: Monday – Friday, 8:00 am EST – 5:00 pm EST within your time zone.

Visa/OPT: The employer will not provide sponsorship for employment visas or participate in STEM OPT for this position.

Responsibilities

• Under direct supervision, complete basic due diligence, document processing, and financial/statistical analysis in support of underwriting.
• Assist in preparation of business cases for credit approval (no credit approval authority).
• Perform basic due diligence, including reviewing relevant forms, providing analysis, and ordering reports.
• Ensure accuracy and/or completeness of relevant information and documents used in the underwriting process.
• Perform basic financial analysis, such as cash flow and collateral analysis.
• Research and respond to internal and external customer questions and inquiries.
• Review financial statements for accuracy; send back to Underwriters for correction when inconsistencies or inaccuracies are found.
• Input data into internal spreading software to support consistency for Underwriter approval.
• Review spread requests for renewals of commercial loans and new requests via the workflow tool.

Qualifications

Education

• Associates

Work Experience

• Typically requires 3+ years experience.
• In lieu of a degree, a comparable combination of education, job-specific certification(s), and experience (including military service) may be considered.

Certifications/Licenses

• No required certifications
• No required licenses

Preferred Qualifications / Skills

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

Competencies

• Accuracy and attention to detail
• Credit analysis and verification
• Decision making and critical thinking
• Effective communications
• Financial analysis
• Information capture
• Knowledge of underwriting
• Managing multiple priorities
• Office support tools
• Operational functions

Compensation & Benefits

Base Salary

• $37,500.00 – $68,750.00

Salaries may vary based on geographic location, market data, and on individual skills, experience, and education. This role is incentive eligible, with payment based on company, business, and/or individual performance.

Benefits (Eligibility varies)

• Medical/prescription drug coverage (with a Health Savings Account feature)
• Dental and vision options
• Employee and spouse/child life insurance
• Short- and long-term disability protection
• 401(k) with matching, 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)
• Robust wellness program with financial incentives

Paid Time Off (Eligibility varies)

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

Application Window

Generally expected to be posted for two business days from 10/26/2026, though it may be longer with business discretion.

Workplace & Equal Opportunity

The employer is committed to an inclusive and accessible workplace and provides reasonable accommodations for applicants and qualified individuals with disabilities who need an accommodation to perform essential functions.

Equal Employment Opportunity is provided to qualified persons regardless of race, color, sex, religion, national origin, age, sexual orientation, gender identity, disability, veteran status, or other categories protected by law.

Regulatory Notice

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 FINRA, which prohibit hiring individuals with certain criminal history.