Commercial Credit Underwriter II

Bank OZK•Little Rock, AR

16h

About The Position

The Commercial Credit Underwriter II supports lending efforts by underwriting new and renewed loans. The role serves as a trained credit underwriter for corporate, commercial and industrial, and commercial real estate transactions of varying complexity, generally with total bank commitments up to $30 million. Responsibilities also include annual reviews, financial statement analysis, and global debt service calculations. The underwriter ensures loan requests comply with the Bank’s credit policies, procedures, and standards; manages assigned transactions for timely processing; communicates loan details and decisions to lenders, credit officers, and management; and tracks and reports application activity and decisions. The position maintains underwriting independence and makes recommendations for initial credit risk ratings. The role requires general financial and banking knowledge, familiarity with specified banking regulations, strong credit and customer service skills, confidentiality, attention to detail, and effective verbal and written communication. Evening and weekend work may be necessary. The position operates customary business equipment and technology, with or without accommodation.

Requirements

Bachelor’s degree in a related field or commensurate work experience.
At least one year of credit underwriting, financial analysis/management, and/or lending work experience.
Knowledge of general financial and banking principles.
Knowledge of regulations related to the Office of Foreign Asset Control, the Bank Secrecy Act, the Anti-Money Laundering Act, and the USA PATRIOT Act.
Ability to communicate effectively verbally and in writing.
Strong credit skills and effective customer service skills.
Ability to maintain confidentiality.
Attention to detail, accuracy, and thoroughness in work product.
Ability to maintain focus and concentration in a fast-paced environment.
Ability to work evenings and weekends as necessary.
Skill in using computers and Microsoft Office, including Word, Excel, and Outlook.
Ability to operate customary equipment and technology used in a business environment, with or without accommodation.

Nice To Haves

Experience preferably including commercial and industrial lending; owner-occupied commercial real estate; accounts receivable/inventory; and commercial and residential for-sale and income properties.
Formal commercial credit training through a bank management training program or an external provider such as RMA or Omega.

Responsibilities

Underwrite business banking and commercial department loan requests with total credit exposure up to $30 million.
Perform annual reviews, financial spreads, and global debt service calculations.
Ensure loan requests are underwritten consistently and in accordance with Bank credit policies, procedures, and standards.
Manage assigned credit transactions so loan requests are handled efficiently and processed timely in accordance with Bank standards.
Communicate with lenders, credit officers, and management regarding approved and declined loans.
Track, monitor, and report loan application activity and decisions, including maintaining a record of applications received and booked.
Maintain the independence of the underwriting function and recommend initial credit risk ratings.
Follow Bank policy, procedures, and guidelines.
Maintain punctuality and attendance.