Commercial Lending Underwriter - NOLA

Credit Human Careers•New Orleans, LA

11d•Onsite

About The Position

We are seeking a Commercial Lending Underwriter - NOLA for the Commercial Lending Department. The Commercial Lending Underwriter is accountable for analyzing and underwriting potential loans on complex commercial loan applications across a broad spectrum of asset types. Underwriter is to determine whether the transaction and the potential borrower presents an acceptable level of risk according to policy. The Commercial Lending Underwriter is accountable for assisting the Portfolio Manager with the daily underwriting activities to ensure the completion of quality, sound and timely underwriting decisions that will maintain and enhance the credit quality of our commercial portfolio. The underwriter is required to stay abreast of trends in the commercial lending industry, to inform management of potential impacts to our business quality and quantity. If you have commercial underwriting and credit analysis experience, you should apply right away!

Requirements

Required 3+ years of commercial underwriting and credit analysis experience
Required Bachelor’s Degree in related field of study such as Accounting, Finance, Business
Required Detail oriented
Good organizational and prioritization skills
Good technical skills
Excellent communication skills
Excellent problem-solving skills
Excellent listening skills
Excellent verbal and written communication skills
Proficient in Microsoft applications (Excel, Work, Access, PowerPoint, Outlook)
Expertise in financial statement, income tax returns, loan structuring, cash flow analysis
Applicants must be currently authorized to work in the United States on a full-time basis.

Nice To Haves

Preferred 5+ years of commercial underwriting and credit analysis experience
Preferred Proficient in LoanVantage, IBIS, and Symitar

Responsibilities

Perform credit analysis and due diligence on new loan requests, renewals/modification, and existing borrowers to aid the credit decision making and maintenance process.
Prepare analytical credit memoranda which are accurate and insightful including final underwriting and risk rating recommendations for approval.
Evaluate collateral evaluations and appraisals within Policy and Guidelines.
Build and maintain strong relationships across Credit Human to ensure department production objectives and goals are obtained.
Act as subject matter expert in the area of commercial lending underwriting, collateral and credit risk.