Underwriting Manager - Commercial Credit C&I

This position is responsible for leading and supervising a team of underwriters that will support the business segments in the monitoring, maintenance, and origination of new and existing loans based on credit programs and policy, in close coordination with the business segments. The role provides a sound, independent and objective assessment and recommendation on risk factors associated with small business, midsize, large, and complex structures and transactions related to Commercial and Industrial (C&I) transactions and/or Private Banking/Private Client transactions.

The position also oversees credit risk management and maintenance of credit quality for the assigned portfolio, including monitoring relationship trends, clearing of exceptions, assessing credit risk, and providing recommendations and credit solutions appropriate to the relationship risk profile.

• Supervises team members in their transactional support with the creation of credit memos while maintaining a clear understanding of the Bank’s credit programs and policy and its adherence. Reports to supervisor all deviations from credit programs and policy.
• Coordinates efforts with other bank units such as Credit Administration, Loan Operations, Portfolio Management, and Credit Risk to streamline processes and maintain accuracy of reports and credit quality of the portfolio.
• Oversees and conducts analysis/underwriting functions as needed and provides support on new business activities by screening data prepared by underwriters and follows up to ensure they are obtaining required documentation and conformity to credit underwriting policy of the bank. Assists in the preparation of documentation, memos, and/or presentations as needed.
• Manages underwriters in their annual review of existing credit relationships; identifies necessary risk rating changes, errors or inconsistencies and recommends modifications to risk rating as deemed appropriate, including calculating and verifying covenant testing requirements and monitoring loan policy exceptions, as needed.
• Supports accurate review and evaluation of the financial condition and operating performance of C&I borrowers, CRE borrowers or Private Banking / Private Client borrowers for new and existing loan exposures, increases, and modifications of terms and conditions.
• Provides support and participates in the large and complex financial analysis with a high degree of accuracy in terms of figures and credit risk assessment, and is responsible for identifying loan policy exceptions and industry/loan structure specific risks/issues with appropriate mitigating factors.
• Identifies, evaluates, monitors, and makes recommendations to the supervisor to assess, reduce, eliminate, or control any current or prospective risks to earnings or capital arising from violations or non‑conformance with laws, rules, regulations, prescribed practices, internal policies and procedures, or ethical standards.
• Assists in the review and measurement of borrower’s conformance with legal covenants, tracking of compliance and identification of compliance or non‑compliance. Collaborates with Credit Portfolio Managers and Relationship Managers and other bank units such as Credit Administration, Loan Operations, Credit Services, Closing areas, and Credit Risk.
• Recruits, screens, hires, and onboard new team members.
• Supervises, coaches, trains, and mentors the underwriting team to enhance their knowledge of the position.
• Supports development, enhancement, and promotion of new and existing loan products.
• Oversees the training process for new underwriters, ensuring that trainees adopt operating procedures, master formats, and apply credit criteria.
• Completes or reviews and provides feedback on spread financial statements, comprehensive analysis, and credit approval packages according to Bank credit programs and policy.
• Conducts analytics and produces timely data and reporting related to assigned division.
• Works within software systems for loan originations, modifications, annual reviews, and other presentations to senior management.
• Administers and monitors maturities, delinquencies, including asset reports on a regular…