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Commercial Underwriter

Salary undisclosed

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Job Description

We are looking for a Commercial Underwriter to join our client's team. The ideal candidate aligns with the responsibilities and qualifications outlined below.

Responsibilities:

  • Evaluate and assess commercial loan applications to determine creditworthiness and risk.
  • Analyze financial statements, credit reports, and other financial information to make informed lending decisions.
  • Develop and recommend loan structures that meet borrower needs while minimizing risk for the organization.
  • Conduct industry and market research to understand business trends and economic conditions affecting loan applicants.
  • Collaborate with loan officers, clients, and other stakeholders to gather necessary information and ensure timely processing of loan applications.
  • Prepare detailed credit proposals and present recommendations to senior management for approval.
  • Monitor existing loan portfolios to identify potential risks and recommend appropriate actions to mitigate losses.
  • Stay updated on regulatory requirements and industry best practices related to commercial lending.

Qualifications:

  • Bachelor’s degree in Finance, Economics, Business Administration, or related field.
  • 3+ years of experience in commercial underwriting or related financial analysis roles.
  • Strong analytical skills with the ability to interpret financial data and trends.
  • Excellent decision-making and problem-solving abilities.
  • Effective communication skills with the ability to interact professionally with clients and colleagues.
  • Detail-oriented with a focus on accuracy and quality of work.
  • Proficiency in financial analysis software and Microsoft Office Suite.