CRE Underwriter

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.

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.

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.

One to two years lending experience in a progressive financial setting, working in a commercial setting preferred.

Two-year degree from an accredited institution in business, finance, economics or related field or equivalent related lending/financial experience. Education will be verified.

N/A

Has no supervisory/managerial responsibilities.

Experience with financial reporting or tax analysis software preferred. Intermediate skills with Microsoft Office Suite including Outlook, Word, and Excel.

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.

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.).

Ability to sit, talk and hear consistently. Ability to stand, walk, and use hands to handle or reach occasionally.