Senior Commercial Credit Underwriter

At VyStar, we offer competitive pay, an excellent benefit package that includes a 401(k) Plan, an extensive paid technical and on-the-job training program, and tuition reimbursement available to all full and part time employees. Part time positions start at a minimum of 30 hours per week.

We encourage you to become a part of VyStar Credit Union's family of employees.

Incumbent’s primary function is to effectively underwrite, analyze and assess the risks for proposed and funded member business credits to new loans, renewals, modifications, annual reviews, work‑out and troubled debt restructures (TDR), ACH payroll accounts, commercial real estate (CRE), commercial and industrial (C&I), business equipment, business vehicles, business credit cards, business unsecured lines of credit (BLOC) and other specialized business and commercial credit products.

The incumbent must effectively utilize judgment, skills and experience while analyzing business credit files including identifying financial trends, risks, strengths and weaknesses. A Senior Commercial Credit Underwriter will be responsible for underwriting and analyzing larger and more complex business and commercial credits and reviewing credit files completed by other Underwriters. In addition, the role may require reviewing appraisals, environmental reports, loan committee agendas and minutes, and other work for accuracy and completeness.

The incumbent must possess advanced knowledge of standard underwriting procedures, financial data interpretation, appraisal reports, environmental assessment reports, and proficiency in legal document interpretation to minimize risk to VyStar. Knowledge of business lending state and federal regulations, as well as VyStar’s policies and procedures, is required.

• Responsible for the review, independent, and objective underwriting of business credits from minimum VyStar limits of more than $10,000,000.
• Possess an advanced understanding of all documentation submitted by borrower and/or prepared by VyStar to determine risks involved and clearly communicate analysis to the proper loan approval authority.
• Assure credit quality is maintained throughout the business loan portfolio; this includes the maintenance of ticklers, reports, and forms.
• Maintain ongoing education regarding current and future economic conditions of industries borrowing money from VyStar Credit Union.
• Assemble pertinent information and reports for the Business Credit and Servicing Manager as required.
• Identify and recommend process improvements, increased efficiencies, and quality service to ensure timely loan decisions.
• Review appraisals, environmental reports, loan committee agendas and minutes, and other work completed by less experienced Commercial Credit Underwriters for accuracy and completeness.
• Maintain knowledge of current regulatory, policy, and procedure changes.
• Perform to all established metrics, goals, and standards as outlined by department management and VyStar Policy and Procedure.
• Work collaboratively with peers and management to provide quality service during internal and external engagements.
• Perform annual loan reviews of existing portfolio to determine continued repayment capacity and potential risks.
• Conduct thorough review and analysis of all appraisal reports and environmental assessment reports, documenting findings and reporting to the loan approving authority.
• Conduct annual field audits (collateral inspections) of existing portfolio to analyze collateral risk as required.
• Adhere to VyStar Credit Union and departmental policies and procedures.
• Maintain knowledge of current economic conditions that may affect the business services loan portfolio and create potential risks.
• Evaluate and analyze business loan and commercial requests and make informed, accurate, and complete credit recommendations to management.
• Serve as Acting Business Credit Manager in their absence as necessary.
• Communicate with members, prospective members, and vendors as applicable.
• Provide leadership, training, and support to the team and other internal partners by mentoring and coaching as appropriate.
• All…