Principal Commercial Underwriter (Full Time) - SB Greenway

POSITION PURPOSE

ESSENTIAL FUNCTIONS AND BASIC DUTIES

• Analyzes client-specific financial statements, spreads, and ratios as well as broader industry and economic risks that could jeopardize loan repayment.
• Engage in consultative dialogue with borrowers and loan officers to review credit issues and obtain additional information, including outside calls as required.
• Structures loans within policy and to effectively mitigate risk.
• Prepare credit memorandums that summarize lending opportunities, the associated risks, and the proposed loan structure.
• Identify high-risk credit situations and take appropriate action to ensure that the Bank is well protected.
• Conduct or assist with presentations to loan approval authorities, including loan committee.
• Mentors and provides guidance to junior analysts.
• Other duties as assigned.
• The above statements describe the general nature and level of work only. They are not an exhaustive list of all required responsibilities, duties, and skills. Other duties may be added, or this job description amended at any time.
• SUPERVISORY RESPONSIBILITIES:
• This role has no supervisory responsibilities.

QUALIFICATIONS

• Education/Certification : College degree in business or equivalent and 7+ years of related banking experience; or equivalent combination of education and experience.
• Required Knowledge: Proficient in Microsoft Word, Excel, and PowerPoint
• Experience Required: Extensive experience in underwriting business loans for commercial bank clientele across a broad range of industries. Must have deep familiarity with regulation and industry best practices for commercial and industrial and commercial real estate loans.

Skills/Abilities

• Ability to read, analyze, and interpret financial statements, industry data, and customer profiles. Extensive ability to produce both oral and written presentations.
• Ability to apply concepts such as trends, percentages, ratios, and proportions to practical situations. Ability to create and interpret projections based on extrapolation of financial data.
• Ability to define problems, collect data, establish facts, and draw valid conclusions. Ability to interpret an extensive variety of technical information in mathematical or diagram form and deal with several abstract and concrete variables.
• Ability to make appropriate judgments and decisions with limited guidance
• Ability to deal with complex problems involving multiple facets and variables in non-standardized situations.
• Excellent planning and organizational skills, including the ability to work independently on projects of high complexity with minimal supervision
• Excellent written and verbal communications skills
• Ability to maintain confidentiality and instill trust within the organization
• Ability to multitask is essential

PHYSICAL ACTIVITIES AND REQUIREMENTS OF THIS POSITION

• Talking: Especially where one must frequently convey detailed or important instructions or ideas accurately, loudly, or quickly.
• Average Hearing: Able to hear average or normal conversations and receive ordinary information.
• Repetitive Motion: Movements frequently and regularly required using the wrists, hands, and/or fingers.
• Average Visual Abilities: Average, ordinary, visual acuity necessary to prepare or inspect documents or products, or operate machinery.
• Physical Strength: Sedentary work; sitting most of the time. Exerts up to 10 lbs. of force occasionally. (Almost all office jobs.)

WORKING CONDITIONS

MENTAL ACTIVITIES AND REQUIREMENTS OF THIS POSITION

• Reasoning Ability: Ability to apply logical or scientific thinking to define problems, collect data establish facts and draw conclusions.
• Able to interpret a variety of technical instructions and can deal with multiple variables.
• Mathematics Ability: Ability to compute discount, interest, profit, and loss; commission markup and selling price; and ratio, proportion, and percentage.
• Able to perform very simple algebra.
• Language Ability: Ability to read periodicals, journals, manuals, dictionaries, thesauruses, and encyclopedias.
• Ability to prepare business letters, proposals, summaries, and reports using prescribed format and conforming to all rules of punctuation, grammar, diction, and style.
• Ability to conduct training, communicates at panel discussions, and make professional presentations.