Business Banking Underwriter II/III

About the position

We are open to filling this position in any of our MidWestOne markets. Small enough to care. Big enough to deliver. As a Business Banking Underwriter II, core responsibilities will be experienced in nature and drive our Business Banking division. Responsible for underwriting requests, to include a complete Business Banking product-set serving a defined relationship size. Using the bank's loan origination platform while working closely with line staff and loan processing to facilitate an efficient decisioning and pre-close process.

Responsibilities

• Responsible for underwriting business loan & business credit card transactions, using a combination of business banking origination platform scoring models and traditional underwriting techniques.
• Prepares the business loan presentation, completing each transaction's due diligence/compliance requirements and coordinating loan closing documentation.
• Responsible for quality control, including reviewing files for completion, accuracy and compliance with all applicable bank policy and regulatory guidelines.
• Completes all required online and classroom training. Demonstrates through performance, an understanding of all compliance issues related to this position.
• Responsible for understanding and adhering to bank loan policy and all applicable federal and state regulations, procedures and requirements, with regards to business lending.
• Performs other duties required or assigned in support of Bank's Credit Admin Department goals and objectives.
• Strong working knowledge in commercial loan credit analysis/underwriting and will serve as a primary point of contact for related projects or assignments for the Business Banking team.
• Develops and maintains subject matter expertise in the origination platform and AI scoring model used by this channel.
• Assists with the maintenance of regular reporting of data to and from this business line.
• Supports the VP, Business Banking in the maintenance and delivery of a Business Banking training program designed to educate relevant bank staff/users of the channel.

Requirements

• Bachelor degree with other specific professional or technical certifications in related field.
• Financial experience should include 4-6 years banking background, with preference given for prior related experience and/or training in a loan processing or servicing, junior lending, credit analyst or portfolio manager, underwriting or regulatory role; or equivalent combination of education and experience.

Benefits

• Competitive base compensation with additional performance-based incentives (incentives vary depending on role)
• Career development and continuous learning opportunities
• Paid Time Off, Paid Holidays, Parental/Grandparent Leave, and more
• 100% vested 401(k) Retirement Plan with company match
• Medical, Dental, and Vision insurance
• Flex spending plan & Health savings accounts with employer contribution
• Student Loan Debt Reduction Program
• Employee Stock Ownership Plan
• Employer provided group life insurance with option to purchase additional life insurance for you and your family members
• Employer provided long term and short term disability insurance
• Additional Insurance options to meet your personal needs: Critical Illness and Accident insurance, and Hospital Indemnity
• Wellness Program
• Free banking services and other financial services discounts
• Take Your Dog to Work Day in June
• Employee Rally Day- a day of celebration and recognition!