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.

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), automated clearing house (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 their judgment, skills and experience while analyzing business credit files including identifying financial trends, risks, and strengths/weaknesses. A Senior Commercial Credit Underwriter will be responsible for underwriting and analyzing the larger and more complex business and commercial credits and reviewing credit files completed by other Underwriters. In addition, a Senior Commercial Credit Underwriter may be required to review appraisals, environmental reports, loan committee agendas and minutes, and any other work completed by other Underwriters for accuracy and completeness.

The incumbent must possess advanced knowledge regarding standard underwriting procedures, interpretation of financial data, appraisal reports, environmental assessment reports, and be proficient in interpreting legal documents to minimize risk to VyStar and within the portfolio. The incumbent must be knowledgeable of business lending State and Federal regulations as well as VyStar’s policies and procedures and apply this knowledge during their analysis of business credit requests and annual reviews to maintain compliance with these requirements.

• Responsible for the review, independent, and objective underwriting of business credits from minimum VyStar limits 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 proper loan approval authority.
• Assure credit quality is maintained throughout the business loan portfolio; this includes the maintenance of ticklers, reports, and forms.
• Continued education regarding the 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 make recommendations for process improvements, increased efficiencies, and quality service to ensure timely loan decisions.
• The Senior Commercial Credit Underwriter may be required to review appraisals, environmental reports, loan committee agendas and minutes, and any other work completed by less experienced Commercial Credit Underwriters for accuracy and completeness.
• Maintain an ongoing knowledge of current regulatory, policy and procedure changes.
• Perform to all established metrics, goals and standards as outlined by department management and in VyStar Policy and Procedure.
• Work together with peers and management to provide quality service during both internal and external engagements.
• Perform annual loan reviews of existing portfolio to determine continued repayment capacity and potential risks.
• Responsible for thorough review and analysis of all appraisal reports and environmental assessment reports with all findings being documented and reported 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.
• Maintains ongoing 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…