Senior Commercial Credit Underwriter

Overview

At Community Financial System, Inc. (CFSI), we are dedicated to providing our customers with friendly, personalized, high-quality financial services and products. Our retail division, Community Bank, N.A., operates more than 200 customer facilities across Upstate New York, Northeastern Pennsylvania, Vermont and Western Massachusetts. Beyond retail banking, we also offer commercial banking, wealth management, investment management, insurance and risk management, and benefit plan administration.

Just as our employees are committed to helping our customers manage their finances, we’re committed to our employees. After all, they make it happen for our customers every day.

To ensure our people can enjoy long and successful careers here at CFSI, we offer competitive compensation, great benefits, and professional development and advancement opportunities. As an equal‑opportunity workplace and affirmative‑action employer, we celebrate and support a diverse workplace for the benefit of all: our employees, customers and communities.

The Commercial Credit Underwriting Department is responsible to provide an independent credit quality assessment of the Bank's commercial clients. These assessments range from initial analyses of new relationships to the Bank, ongoing monitoring via annual reviews and renewals, to material modifications or restructurings of long‑term relationships. The Department also is responsible for ensuring the accurate completion of the Bank's risk rating scorecards and financial statement spreads.

The work completed in this capacity is used to make new credit decisions.

The position interacts with commercial banking relationship managers within their region as well as other internal personnel on credit approvals typically of at least $10 million in exposure. Customer interaction is expected.

• Facilitate Credit Needs:
  Underwrite new requests and material modifications from deal screen through approval, ensuring a smooth transition of new customers/loans to the monitoring team for ongoing credit monitoring.
• Review Financial Information:
  Examine all relevant credit and financial data, including financial statements, tax returns, due diligence reports, credit bureaus, appraisals, internal credit information, industry research, and peer data. Determine the need for further investigation or additional information and coordinate its collection.
• Analyze Financial Data:
  Conduct thorough credit analyses for the Bank’s commercial transactions, including independent credit quality assessments with well‑supported risk ratings, identification of credit risks and mitigants, industry concerns, market trends, financial trends, and other pertinent credit issues. Based on underwriting parameters, recommend the risk rating.
• Collaborate with Teams:
  Work closely with relationship managers and portfolio managers throughout the deal process, from deal screen through approval.
• Spread financial statements and prepare financial models designed to sensitize various conditions impacting the proposed transaction. Prepare cash flow, collateral schedules, covenant sensitivity calculations, financial models, and guarantor statement analysis as appropriate.
• Attend client/prospect calls with RMs to gain a thorough understanding of the client/prospect and their business to effectively analyze and underwrite the proposed transaction.
• Assist in the structure of loan requests, where appropriate, to include suggestions on terms, conditions, controls, collateral, and guarantors.
• Regulatory Compliance:
  Demonstrate a deep understanding of the financial regulatory environment as it applies to underwriting various commercial credit transactions. Ensure Policy Compliance:
  Verify adherence to the Commercial Credit Policy and evaluate any risks associated with non‑compliance.
• Present analysis or address questions during credit request discussions or committee presentations.
• Adhere to Compliance Standards:
  Follow applicable compliance and operational risk controls in accordance with company or regulatory standards and policies.
• Complete other related duties as assigned.

Ancillary Duties:

As an integral member of the…