Senior Commercial Real Estate Underwriter – Capital

Responsibilities

• Perform comprehensive financial and credit analysis for commercial real estate transactions supporting residential development and home builder clients
• Underwrite new credit requests, modifications, renewals, and extensions
• Prepare and update detailed credit memoranda supporting underwriting recommendations
• Evaluate borrower financial statements, global cash flow, liquidity, leverage, and repayment capacity
• Assess and assign accurate risk ratings in accordance with bank policy
• Conduct quarterly portfolio reviews, including covenant testing and financial analysis
• Review monthly and quarterly borrower reporting such as project sales, development progress, and budget-to-actual performance
• Monitor construction and development activity to ensure projects are progressing on time and within budget
• Perform covenant validation and participate in required portfolio and compliance testing
• Work closely with Relationship Managers, peer Underwriters, and Loan Administration teams
• Provide underwriting support and guidance throughout the deal lifecycle
• Attend occasional client meetings, bank group meetings, and site inspections in support of Relationship Managers
• Support external-facing activities as appropriate while maintaining primary focus on underwriting responsibilities
• Utilize internal credit, underwriting, and reporting systems to support underwriting activities
• Leverage technology solutions, including Copilot and other automation or AI-enabled tools, to enhance efficiency and analysis
• Adhere to established credit policy, underwriting standards, and documentation requirements

• Bachelor’s degree or equivalent experience
• Five or more years of commercial lending experience
• Demonstrated experience in commercial real estate underwriting
• Advanced knowledge of commercial lending policy, government agency compliance (Reg B, H, O, etc.), all applicable laws and regulations, credit quality standards, company and business line policies and procedures
• Advanced knowledge of credit products
• Ability to independently underwrite and manage complex CRE transactions
• Strong analytical and problem-solving skills
• Strong leadership ability to mentor coordinator the work of others
• Well-developed written communication and verbal presentation skills
• Direct experience underwriting home builder or residential development lending
• Prior experience supporting acquisition & development loans, construction financing, or borrowing base facilities
• Proficiency with Microsoft Office tools, including Teams and advanced Excel capabilities such as VLOOKUPs, pivot tables/charts, Power Pivot or DAX, and Power Query
• Experience with nCino platform
• Familiarity with AI-enabled tools