Commercial Credit Underwriter (FT) - Corpus Christi or Victoria

PROSPERITY BANK • Victoria, TX

8d

About The Position

The Commercial Credit Underwriter performs quantitative and qualitative credit analysis and underwriting for commercial loan requests. The role works with commercial lending officers to understand and measure risks associated with new and existing client relationships and to create loan structures that mitigate those risks. The underwriter prepares written presentations summarizing lending opportunities with minimal turnaround times.

This position has no supervisory responsibilities. It is based in Corpus Christi or Victoria and follows a Monday–Friday schedule from 8:00 a.m. to 5:00 p.m. The work is sedentary and performed in a typical office environment without hazardous or significantly unpleasant conditions.

Requirements

• College degree in business or equivalent, or an equivalent combination of education and experience.
• College coursework should include accounting, finance, and financial statement analysis.
• Proficiency in Microsoft Word, Excel, and PowerPoint.
• Ability to read, analyze, and interpret financial statements, industry data, and customer profiles.
• Ability to produce oral and written presentations.
• Ability to apply trends, percentages, ratios, and proportions to practical situations and create and interpret projections based on extrapolation of financial data.
• Ability to define problems, collect data, establish facts, and draw valid conclusions.
• Ability to interpret technical information in mathematical or diagram form and work with abstract and concrete variables.
• Ability to make appropriate judgments and decisions with limited guidance.
• Ability to handle complex problems involving multiple facets and variables in non-standardized situations.
• Excellent planning and organizational skills, including the ability to work independently.
• Strong written and verbal communication skills.
• Ability to maintain confidentiality and instill trust within the organization.
• Ability to multitask.
• Ability to communicate detailed or important instructions and ideas accurately, loudly, or quickly; hear ordinary conversations; and perform frequent wrist, hand, or finger movements.
• Average visual acuity for preparing or inspecting documents or products, or operating machinery; able to perform sedentary work, sitting most of the time and occasionally exerting up to 10 pounds of force.
• Ability to apply logical or scientific thinking, interpret technical instructions, and deal with multiple variables.
• Ability to compute discount, interest, profit and loss, commission, markup, selling price, ratios, proportions, and percentages, and perform simple algebra.
• Ability to read reference materials and prepare business letters, proposals, summaries, and reports in a prescribed format using appropriate grammar and style.
• Ability to conduct training, communicate at panel discussions, and make professional presentations.

Nice To Haves

• Completion of a banking internship is desired.

Responsibilities

• Analyze client-specific financial statements, spreads, and ratios, as well as broader industry and economic risks that could jeopardize loan repayment.
• Follow loan officer instructions to review credit issues and obtain additional information, including making outside calls as required.
• Prepare credit memorandums summarizing lending opportunities, associated risks, and proposed loan structures.
• Explain how proposed loan structures mitigate identified risks.
• Identify high-risk credit situations and take appropriate action to protect the Bank.
• Perform other duties as assigned.

What This Job Offers

• Job Type: Full-time