Commercial Underwriter II

Job Description

The

• Perform thorough and technically accurate credit analysis by spreading financial statements and underwriting all significant facets of credit risk on existing members and prospective members.
• Evaluate and analyze the financial condition of individuals and businesses and their ability to pay, which includes complex and layered financial and organizational structures.
• Preparing thorough and technically accurate loan presentation packages by researching data, underwriting all credit risks, identifying strengths, weaknesses and mitigation of the latter.
• Structure loan terms to compete competitively in the market place while mitigating risk to an acceptable level.
• Prepare thorough and technically accurate credit quality reviews of existing credit relationships.
• Negotiate terms and conditions of MBL’s within established parameters.
• Maintains clear communication channels with lenders and third party professionals.
• Work collaboratively with the Senior Commercial Underwriter in assigning loan grades.
• Submit monthly reports to the Senior Commercial Underwriter.
• Work collaboratively with all Commercial and Business Services staff to achieve objectives, goals and provide outstanding member service.

• Review and approve member business loan (MBL) requests within delegated lending authority.
• Present credit requests in excess of delegated lending authority to the Senior Commercial Underwriter with approval recommendation.

• Assist in the development of and maintain a thorough knowledge of and adhere to STCU’s Member Business Loan Policy, Standards and Procedures, Participation Loan Policy and applicable regulatory requirements.
• Work proactively with and mentor other commercial loan underwriters to ensure the quality and consistency of their credit underwriting and financial analysis.

Qualifications

• Bachelor’s degree in Finance, Accounting or Business required. MBA, MAcc degree or similar Certificate preferred. Formal credit training is strongly preferred.
• Minimum of five years credit analysis and commercial credit risk underwriting experience in all areas including commercial real estate and SBA; as well as analyzing financial statements.
• Strong background in financial institution business loan regulations.
• Sound credit judgment and strong underwriting skills.
• Demonstrated above average working knowledge of various analytical approaches to determine cash flow to include UCA, Traditional, and NOI as appropriate to the type of borrower and request being underwritten.
• Demonstrated ability to analyze complex or layered entity borrowing structures to ensure a sound global financial understanding.
• Proficient knowledge of MS Office programs including Outlook, Word, Excel and PowerPoint.
• Excellent written and verbal communication skills, including preparing and delivering presentations.
• Strong interpersonal skills required, including maintaining positive relationships and excellent customer service skills.
• Ability to work effectively and collaboratively in a diverse work group, as well as independently with minimal supervision.
• Ability to adapt to changes and prioritize and manage competing demands.
• Ability to read, analyze and interpret data and understand and communicate complex and diverse information, and effectively present information and respond to questions from groups of managers, clients, and the general public.
• Ability to solve practical problems and deal with a variety of situations exercising flexibility and sound judgment in a fast-paced environment.
• Ability to make practical and timely decisions and explain reasoning for decisions.
• Ability to apply concepts such as fractions, percentages, ratios, and proportions to practical situations.
• Strong work ethic required, including the ability to complete duties on time, consistently arrive at work on time as scheduled, and ability to work flexible hours and overtime as needed.

• Must be able to regularly talk, hear, see and operate a computer keyboard and mouse.
• Occasionally lift, pull/push, and carry up to 10 pounds.

• Exposure to constant or intermittent sounds at a low or moderate level consistent with an office setting.
• Exposure to high-stress, fast-paced, deadline-oriented environment.

Additional Information

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