Supervisory Responsibilities: This individual may occasionally assist with training less experienced analysts and coordinating department projects as needed.
Job Summary: The Underwriter III plays a key role in strengthening the quality of the institution's commercial credit portfolio by preparing written credit review analyses and recommending appropriate risk ratings for relationships ranging from $1MM to the institution's legal lending limit. This role supports early identification of credit concerns through financial review, covenant monitoring, and Watchlist analysis, while partnering with lenders to provide thoughtful, risk-based insight. The ideal candidate brings strong experience with moderately complex commercial loans, including significant exposure to relationships exceeding $5MM, with expertise in CRE and/or C&I.
Essential Duties and Responsibilities:
Exercise independent judgment in presenting data, conclusions, and recommendations within the framework of applicable regulations, policies, and guidelines.
Collect and review borrower financial information, including income, assets, and liabilities, to assess appropriate credit exposure for relationships typically ranging from $1MM to $20MM.
Lead development of written credit review presentations for existing loan relationships and partner with commercial lenders to shape action plans for Watchlist credits. Presentations should clearly identify key strengths, emerging risks, and the recommended risk grade, with concise verbal summaries provided at Watchlist Committee to inform discussion and next steps.
Conduct reviews of covenant compliance and collaborate with lenders for resolution to failed covenants.
Interact with commercial lenders and Risk Management officers to evaluate any potential deterioration of existing borrowers.
Participate and provide expertise in credit discussions as needed with commercial lenders, credit managers, senior leadership, and executive management.
Help drive strong portfolio performance by applying sound credit review practices that support early detection of risk, proactive issue management, and effective oversight of commercial relationships.
Knowledge, Skills, and Abilities:
Strong time management skills, with the ability to meet strict deadlines and respond to high-priority requests from management.
Strong critical thinking skills, with the ability to evaluate information, form sound conclusions, and communicate recommendations clearly in writing and verbally.
Strong quantitative analysis skills, including the ability to work with multiple variables, analyze large data sets and spreadsheets, and identify and summarize patterns and trends.
Demonstrated ability to learn new tasks, procedures, and software quickly, along with the underlying concepts that support a broad range of commercial loan risk management responsibilities.
Strong organizational skills, with the ability to manage multiple priorities while maintaining accuracy and follow-through.
Strong attention to detail.
Proficiency in Microsoft Office and experience working with financial models, worksheets, and spreadsheets.
Some travel may be required.
Minimum Requirements:
Working knowledge of underwriting principles for moderately complex Commercial & Industrial or Commercial Real Estate loans, as well as certain specialty lending types such as land acquisition and development, contractor, hotel, senior housing, municipal, or nonprofit lending.
Bachelor's degree in finance, accounting, or a related field, or equivalent experience and training in commercial loan credit analysis.
At least 5 years of commercial lending experience, with a strong emphasis on credit analysis, portfolio risk assessment, and risk management.
Completion of formal credit training through ABA, RMA, or a comparable internal bank training program. Credit Review experience is preferred.
Read LessSupervisory Responsibilities: This individual will assist in training less experienced analysts on occasion and will organize department projects when necessary.
Job Summary: An Underwriter III will prepare written loan analyses for new and existing loans for commercial relationships ranging from $1,000,000 up to the institution's legal lending limit. He or she will also monitor existing loans through financial reviews and covenant testing. Underwriter III will be expected to have knowledge and experience with moderately complex commercial loans. His or her experience may be concentrated in CRE or C&I, but he or she should have significant experience with loan relationships larger than $5 million.
Essential Duties and Responsibilities:
Underwriters should display independent thought to present data, conclusions and recommendations taking into account the boundaries of regulations, policies, and guidelines.
Collect and analyze financial information about borrowers regarding income, assets, and debts to determine the level of credit that is appropriate for complex commercial loan relationships.
Prepare 10-50 page written presentations for new commercial loans and renewals. Presentations include identification of strengths and weaknesses, an appropriate risk grade and recommendation regarding the loan decision. Approval will come from the appropriate credit approval authority depending on the size of relationship.
Conduct reviews of covenant compliance and periodic financial statements identifying appropriate response from the institution.
Will need to interact with lenders (and customers on occasion) to evaluate credit worthiness of new customers and potential deterioration of existing borrowers.
Participation in meetings with commercial banking leadership regarding commercial loans.
Think independently to present data, conclusions and recommendations when there may not be a predefined policy or procedure.
Take ownership for the institution's commercial loan portfolio to prevent maturity delinquency, payment delinquency, collateral shortfalls, and/or loan charge-offs.
Knowledge, Skills, and Abilities:
Adept at time management to meet strict deadlines and respond to high urgency requests from Management and/or Loan Officers.
Ability to think critically and express conclusions in writing and verbally.
Aptitude for quantitative analysis working with numerous variables, spreadsheets with large amounts of data, identifying/summarizing patterns and trends.
Must be a quick study for new tasks, procedures, software/technology as well as conceptual philosophy behind a diverse set of tasks related to risk management of commercial loans.
Strong organizational skill sets.
Strong attention to detail.
Working knowledge of Microsoft Office and financial worksheets/spreadsheets.
Some travel required.
Job Specifications/Skill Requirements:
Must possess working knowledge of underwriting principles for moderately complex Commercial Real Estate Loans as well as some forms of specialty lending such as Land Acquisition and Development Lending, Contractor Lending, Hotel Lending, Senior Housing Lending, Municipal Lending, or Non-Profit Lending.
Bachelor's Degree with significant accomplishment in finance and accounting or commensurate experience and training in credit analysis for commercial loans.
Minimum of 5 years of commercial lending experience with an emphasis on credit and risk management.
Prior completion of formal credit training either through ABA, RMA, or formal internal bank training program.
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