Commercial Credit Underwriter I (US)

TD Bank•Greenville, SC

7d•Onsite

About The Position

The SBA Commercial Credit Underwriter I analyzes, underwrites, and may act as the final decision authority on SBA commercial loan applications while following sound lending practices, SBA requirements, and established bank policies and procedures. The SBA Commercial Credit Underwriter I ensures compliance with SBA Program Requirements, established underwriting guidelines, quality and production standards, as well as Federal Banking Regulations and Government Reporting requirements. Responsible for performing basic financial analysis of less complex loans, industries, and Customers within the SBA portfolio.

Requirements

Undergraduate degree and/or 3+ years of relevant experience or basic knowledge of credit and financial analysis techniques
Strong analytical and research skills
Demonstrated problem solving skills and the ability to blend technical knowledge and good business judgment
Strong communication skills, both verbal and written
Proven organizational, multi-tasking, analytical, decision-making skills, and ability to meet deadlines
Good interpersonal skills and a team orientation
Ability to work with various levels of sales and market personnel
Developed PC skills including proficiency and capability in word processing and spreadsheet software
Computer literacy with a variety of software programs

Responsibilities

May possess loan decision authority up to position authority limits as defined in credit policy
Conducts credit investigations and analyzes financial information pertaining to relationships with Commercial Credit exposure up to highest authority limits
Underwrites loans and performs historical business financial analysis and cash flows, including communicating with the borrower's accountant (as needed) to gain a better understanding of the company's accounting practices.
Performs In-depth analysis of a guarantor's financial position through a thorough investigation of personal financial statements, understanding any contingent liabilities, constructing a global cash flow analysis, thorough investigation of personal tax returns and credit reporting documentation/ Fair Isaac output data
May investigate available sources of credit and financial information
Research economic and market conditions relating to the company, industry and market area
Notes any deviations from loan policy, procedures and guidelines and identification / mitigation of key credit risks, and decision of appropriate structures in order to reduce credit risk
Identifies credit applications that require credit enhancements and decisions respective applications accordingly
Renders final credit decision within individual lending authority limits, based upon the strengths and risks, collateral analysis, historical financials, business and personal cash flow & balance sheet analysis, ratio & trend analysis, review of credit bureau and business bureau reports / Fair Isaacs Scoring Data, management profiles, business/product cycles, industry information, projected operating performance, application data and the ability to repay the proposed debt
When applicable, considers and discusses alternative structures and overall assessments with market, sales personnel and Customers
Sets conditions of lending and involved with post approval review with the post approval team to ensure conditions of lending are met or appropriately mitigated prior to loan closing
Meets turnaround requirements of a high-volume loan production environment, while maintaining strong quality of work produced
Maintains a satisfactory level of portfolio delinquencies and charge-offs