Commercial Underwriting Manager

Shore United Bank is a full-service financial institution with a rich history dating back to 1876. In excess of $6 billion in assets, we offer innovative financial services delivered with the personal touch you expect. We serve a broad geographic area with branches in Maryland, Delaware, and Virginia, and we also provide a comprehensive suite of digital banking services that allow you to bank with us no matter where life takes you.

In addition to banking, we offer trust and wealth management services through Wye Trust, a division of Shore United Bank. Together, our team of experienced professionals is dedicated to helping you achieve your financial goals.

Shore United Bank is hiring a full-time Commercial Underwriting Manager to join our team. The Commercial Underwriting Manager serves as the senior leader of the commercial underwriting function and provides oversight and guidance on the Bank's most complex and specialized credit relationships while ensuring consistency of underwriting philosophy and execution across the underwriting team. Responsible for leading the commercial underwriting function to support sound credit decision-making, effective risk management, and profitable portfolio growth.

This role ensures consistent evaluation, structuring, and approval of commercial lending opportunities while maintaining compliance with bank policies and regulatory requirements. Serving as a key partner to lending teams and senior leadership, the Commercial Underwriting Manager provides guidance on complex credit matters and promotes operational excellence throughout the underwriting process. The role also develops and oversees underwriting staff to support quality outcomes, workforce capability, and the achievement of departmental and organizational objectives.

A detailed list of job duties includes (but is not limited to):

• Ensures all activities of the credit department are conducted in accordance with Bank lending policy and procedure and outside regulatory requirements.
• Establishes and maintains underwriting standards and ensures consistency in analytical quality, risk assessment, credit structure, and documentation across all assigned underwriting staff.
• Reviews selected complex credit presentations and provides guidance on significant credit, policy, structure, and risk-rating matters.
• Monitors departmental quality metrics and implements process improvements to enhance underwriting effectiveness and consistency.
• Manages underwriting team workflow by monitoring pipeline volume, work distribution, and individual capacity to ensure timely and efficient processing of credit requests. Directly supervises assigned personnel and provides leadership in underwriting of which the following are illustrative:
  • Assists in the selection of new personnel as appropriate.
  • Makes provisions for the proper orientation and training of new personnel.
  • Keeps personnel informed of pertinent policies and procedures affecting the office and/or their jobs; creates an atmosphere in which upward communication from employees is encouraged.
  • Administers personnel policies and procedures as established by bank policy.
  • Oversees general productivity and adequacy/accuracy of analyses; reviews work, provides guidance as needed, and follows up to ensure deals are moving smoothly through the pipeline as assigned.
  • Assesses training needs and implements on-the-job training via feedback and guidance, assigns third-party training when appropriate, and ensures professional growth is achieved based on employee's desires and department's needs.
  • Prepares annual performance reviews and is involved in the merit increase process.

• Independently underwrites and evaluates the Bank's most complex commercial loan relationships, including commercial real estate, owner-occupied real estate, construction, healthcare, franchise, agricultural, investor real estate, and operating company credits.
• Conducts joint client meetings with Relationship Managers to evaluate and advise on loan structure and provide constructive feedback. These meetings may include Borrowers as well as their accountants and other advisors.
• Analyzes financial statements, tax returns, appraisals, borrowing base reports, projections, and other supporting documentation.
• Performs advanced borrower, guarantor, and global cash flow analyses.
• Evaluates multiple repayment sources and identify strengths and weaknesses within proposed credit structures.
• Assesses collateral adequacy and…