Senior Underwriter

The Senior Underwriter plays a pivotal role within our organization, leveraging extensive commercial lending experience to make informed and strategic credit decisions. This role is integral to the success of the Credit team, ensuring that our lending practices are both sound and innovative. The Senior Underwriter is expected to bring a high level of expertise and insight, contributing to the development and implementation of best practices within the department.

Additionally, this role may involve providing guidance and mentorship to less experienced Credit team members, fostering a collaborative and growth-oriented environment. Through leadership and expertise, the Senior Underwriter helps drive the organization’s financial stability and growth.

Evaluate the creditworthiness of loan applicants to ensure sound and strategic lending practices. Analyze complex financial data, assess risk, and make informed credit decisions to support business growth. Perform detailed underwriting for new and existing relationships, evaluate financial statements, complete global cash flow analysis, and identify trends in financial data. Participate in transaction structuring, review credit packages, and present loan proposals to the Executive Loan Committee.

Document covenant compliance, conduct annual reviews of portfolio assets, and respond to requests from various stakeholders. Engage in internal and external credit discussions, demonstrate ownership of performance metrics, and operate in compliance with regulations. Collaborate with and support credit team members, offering mentorship and fostering individual growth.

• Perform detailed underwriting of new and existing relationships for complex loan requests, modifications, renewals, and extensions through the completion of credit memos, credit approval reports and other supporting documents within bank policy, to ensure credit worthiness and determine the merits of loan requests.
• Evaluate financial statements, tax returns and other financial data in accordance with bank policies, regulatory requirements, and industry guidelines, including financial spreading.
• Complete and/or review global cash flow analysis and spreads.
• Identify and report material changes or trends in the financial statements of borrowers or guarantors observed in the preparation of credit approval presentations.
• Review and incorporate Market and/or Industry reports, when necessary.
• Perform stress testing of CRE and C&I borrowers.
• Present facts and make recommendations concerning client’s credit worthiness.
• Participate in transaction structuring and relationship strategy meetings with management and credit partners to justify and explain information in the analysis when warranted.
• Review final credit package to ensure accurate calculations and inputs prior to submission to Loan Committee or Approving Officer.
• May prepare and present loan packages to the Executive Loan Committee, ensuring all relevant information and documentation are accurately compiled and communicated.
• Review and document covenant compliance for assigned loans.
• Complete annual reviews of portfolio assets, as governed by bank policy, with assistance of Portfolio Managers (PMs) and Relationship Managers (RMs).
• Respond promptly to requests from Loan Admin Specialists, RMs and Credit Administration.
• Participate in internal credit conversations with PM’s, RM’s and management, and in external meetings with clients and prospects.
• Demonstrate consistently high level of ownership of personal performance metrics and team initiatives, flexibility in responding to RM/PM/management and client deadlines, extreme level of detail and follow-through, and independence within the framework of the role in assisting in achieving business goals.
• Attend Loan Committee meetings when scheduled.
• May be asked to serve as back-up for Loan Committee Administration.
• Coordinate agenda and collect and share credit packages.
• Take loan committee minutes and ensure accurate documentation of final approval in nCino.
• May be asked to guide and support members of the credit team, offering mentorship and fostering individual growth based on their…