CRE Underwriter

## CRE Underwriter Apply locations:
Sandy, UTtime type:
Full time posted on:
Posted Yesterday job requisition :
R20287#
** Please reference the schedule and minimum qualifications listed below before applying.
** If you need assistance with filling out our application form or during any phase of the application, interview, or employment process, please notify our Human Resources Team at  option 1 or email  and every reasonable effort will be made to accommodate your needs in a timely manner.#
** Job Summary
** Underwrites and provides recommendations on traditional commercial loan requests in accordance with MACU and NCUA rules and regulations; participates in team administration functions and all aspects of the CRE lending cycle.#
** Job Description
**** Job Description
** To be effective, an individual must be able to perform each job duty successfully:
* Underwrites traditional commercial loans; prepares credit presentations, documenting credit analyses and recommendation for credit decision to approving authority.
* Prepares timely, concise and accurate credit recommendations with supervision. Includes: (1) quantitative components within the underwriting narrative; (2) accurate use of risk rating scoring matrix, both quantitative and qualitative rating elements, to ensure loans are properly risk-rated; and (3) accurate identification and mitigation of risk, including all policy exceptions, procedures and compliance regulations.
* Has a general understanding of underwriting processes per MACU standards.
* Understands and demonstrates good written communication relating to credit presentations, addendums and other related forms of written communication.
* Analyzes repayment ability including business and personal cash flow.
* As applicable, performs financial ratio analysis comparative to industry standards.
* Performs financial stress testing analysis.
* Reviews and interprets personal and, as applicable, business credit reports.
* Prepares commitment letters.
* Reviews professional commercial real estate appraisals and associated third party reviews.
* Reviews professional environmental reports and assesses environmental risk.
* Analyzes commercial leases and or rent rolls.
* Assists with satisfying loan closing requirements.
* Reviews annual financials on existing loans and analyzes the risks associated with the borrower's financial condition, recommending risk-rating changes where appropriate.
* Ensures regular communication through the origination process with loan officers, management and team members.
* Supports team members to ensure excellent member service both internally and externally.
* Manages up to three loan requests at a given time.
* Works together with team members to accomplish monthly, quarterly and annual goals.
* Maintains working knowledge of MACU policies and procedures, adhering to industry lending regulations.
* Performs other duties as assigned.
** KNOWLEDGE, SKILLS, and ABILITIES
** The requirements listed are representative of the knowledge, skills, and/or abilities required.  Reasonable accommodations may be made to enable individuals with disabilities to perform the essential job functions.
** Experience
* * One to two years lending experience in a progressive financial setting, working in a commercial setting preferred.
** Education
* * Two-year degree from an accredited institution in business, finance, economics or related field or equivalent related lending/financial experience. Education will be verified.
** Licenses, Certifications, Registrations
** N/A
** Managerial Responsibility
** Has no supervisory/managerial responsibilities.
** Computer/Office Equipment Skills
*** Experience with financial reporting or tax analysis software preferred.
* Intermediate skills with Microsoft Office Suite including Outlook, Word, and Excel.
** Language Skills
*** Ability to clearly express ideas, methodology, results and recommendations verbally, in writing and through insightful reports and graphic illustrations.
* Ability to present information in a manner appropriate for key stakeholders and all levels of the organization.
* Strong writing and grammatical skills relating to preparing credit memos, addendums, memorandums, and all forms of written communication.
** Other

Skills and Abilities

*** Unquestioned personal and professional integrity.
* Ability to work both autonomously and collaboratively in a fast-paced environment.
* Self-starter with strong organizing and time management skills and the ability to work productively and efficiently in a fast-paced environment with multiple projects and timelines.
* Adaptive to change, responds positively to altered circumstances or conditions.
* Possess a desire and willingness to learn and continually update knowledge base on financial concepts, strategies, systems etc.
* Take initiative to be a problem solver and provide suggestions to improve processes and efficiencies.
* Data analytics and data validation skills and proficiency in business data analysis (MS Excel, etc.).
** PHYSICAL…