Private Bank Business Banking Underwriter Portfolio Manager III

Business Banking Operations Underwriter PM III

As the Business Banking Operations Underwriter PM III (UW III), you will be responsible for reviewing and underwriting loan requests under the Commercial Credit Policy up to TCL $10MM. Underwriting and recommendations should be based on sound credit judgment with particular emphasis on adherence to credit policy and requirements, bank’s risk culture, financial analysis/modeling, risk evaluation and mitigation and proper loan structuring.

The UW III is responsible for underwriting and recommending for approval within SLAs and meeting production requirements. The Business Banking Operations Underwriter III will independently interact with senior management, sales team, credit products manager and credit officers in order to discuss and resolve risk related issues. This role independently reviews financials, proposed loan structure, collateral and due diligence and makes recommendations of new money requests for approval.

Aggressively seeks alternative means of financing or counter offers for all borrowers when it is determined that the original request cannot be accommodated. The UW III will perform the functions of the position with periodic oversight and is expected to perform with reasonable general supervisory intervention. They will be responsible for underwriting the simple and complex relationships within the group.

• Evaluate the appropriateness of loan structure with Relationship Managers (RMs) and Credit Product Managers (CPMs) as needed to meet client needs for new loans while ensuring Citizens’ credit risk profiles are maintained.
• Assume responsibility to protect and preserve the integrity of Citizens’ risk appetite while accurately assessing and managing risk.
• Assure compliance with commercial credit policy and risk acceptance criteria.
• Effectively maintain high quality credit file documentation in a paperless environment.
• Apply credit skills, product knowledge, industry analysis, and sound judgment to assess and manage credit risk effectively.
• Exhibit knowledge of various types of loan terms, structures, and conditions with understanding of loan documentation.
• Actively and effectively manage multiple clients and transactions to meet production expectations measured by goal setting metrics commensurate with type & complexity of underwriting package.
• Consistently adhere to all service level agreements.
• Demonstrate credit experience and skill set with moderately complex credits, organization structures, documentation, covenant structures, and collateral structures.
• Exhibit comprehensive written and verbal communication skills.
• Regularly interact with and develop relationships with existing RMs & CPMs.
• Mentor junior colleagues and proactively build relationships both within department and across business units.
• Make recommendations to Credit Officers around credit decisions.
• Develop an understanding of cross-sell services and convey benefits of such on assigned portfolios.

• Bachelor’s Degree; preferred Master’s Degree.
• 5+ years of experience and exhibited competency in various aspects of commercial lending/portfolio management including financial analysis and credit structuring, understanding and applying credit policy, and credit monitoring and risk administration practices.
• High level of credit and documentation experience.
• Skilled in proposing, negotiating, and recommending credit and covenant structures for approval.
• Practical and conceptual knowledge of credit and risk analysis.

At Citizens we value diversity, equity and inclusion, and treat everyone with respect and professionalism. Employment decisions are based solely on experience, performance, and ability. Citizens, its parent, subsidiaries, and related companies (Citizens) provide equal employment and advancement opportunities to all colleagues and applicants for employment without regard to age, ancestry, color, citizenship, physical or mental disability, perceived disability or history or record of a disability, ethnicity, gender, gender identity or expression (including transgender individuals who are transitioning, have transitioned, or are perceived to be transitioning to the gender with which they identify), genetic information, genetic characteristic, marital or domestic partner status, victim of domestic violence, family status/parenthood, medical condition, military or veteran status, national origin, pregnancy/childbirth/lactation, colleague’s or a dependent’s reproductive health decision making, race, religion, sex, sexual orientation, or any other category protected by federal, state and/or local laws.

Citizens is a brand name of Citizens Bank, N.A. and each of its respective affiliates. This is an equal employment and opportunity employer.