Business Banking Underwriter II
KeyBank•Amherst, NY
•Hybrid
About The Position
Underwriters analyze all types of credit information on both existing and prospective customers. They are responsible for evaluating the creditworthiness of borrowers to render a credit decision. The function typically includes new money requests, renewals and amendments.
Requirements
- Bachelor's Degree with a preferred focus on business course work, or equivalent work experience.
- Experience with Microsoft products required.
Nice To Haves
- Prior experience with commercial/small business lending is a plus
- Familiarity with, and understanding of, traditional and automated commercial credit underwriting methodologies and their use is a plus
- Commitment to Key core values: Teamwork, Respect, Accountability, Integrity and Leadership.
- System experience with LIQ, CLS, Hogan, CEDesktop, Salesforce, nCino are all preferred.
Responsibilities
- Evaluate applicant's credit needs, financial strength and other background information to determine if request for credit is an acceptable risk.
- Assess industry risk, quality of management, market position and overall business climate to estimate future loan repayment capacity of business.
- Interpret cash flow, balance sheet, income statements, and tax returns (both personal and business) to determine credit worthiness.
- Use credit bureau data, credit scoring models, financial statements, and relevant additional financial information to determine the degree of risk involved in extending credit.
- Effectively communicate credit decisions to team members and internal clients (branches, relationship managers, etc.).
- Comply with Key Bank internal policies, applicable laws and regulations.
- Performs other duties as assigned; duties, responsibilities and/or activities may change or new ones may be assigned at any time with or without notice.
- Complies with all KeyBank policies and procedures, including without limitation, acting professionally at all times, conducting business ethically, avoiding conflicts of interest, and acting in the best interests of Key’s clients and Key.
Benefits
- eligibility for incentive compensation which may include production, commission, and/or discretionary incentives.
Stand Out From the Crowd
Upload your resume and get instant feedback on how well it matches this job.
Upload and Match Resume
What This Job Offers
Job Type
Full-time
Career Level
Mid Level
