Commercial Loan Underwriter II

Salem Five Cents Savings BankSalem, MA
41d$80,000 - $110,000

About The Position

Salem Five believes deeply in supporting the communities in which we reside. Donations through our Charitable Foundation or events at the branch or location-level are an important part of our DNA. We would not be the company we are without our commitment to businesses and organizations that help the region thrive and to our employees. Come see what we're all about.

Requirements

  • Bachelor's degree (B. A.) from four-year college or university and a minimum of three to five years of relevant credit related experience.

Responsibilities

  • Responsible for Performing underwriting across all commercial lending verticals (C&I, CRE, Construction), in accordance with Bank pipeline demands.
  • Compliance with State Regulatory guidelines and Salem Five's policies and procedures is required.
  • Responsible for Management of department reporting assignments allocated by the Chief Credit Officer, to include Loan Policy Exception Reporting, NAICS Reporting, Financial Tracking Reporting, Concentration of Credit Reporting, Annual Review Reporting, and other reports requested.
  • Assume ownership of Department's role in the completion of the Bank's Allowance for Loan Loss reporting on a quarterly basis.
  • Responsible for Management of financial Statement Spreading completion in Baker Hill with underwriting team (Jr. Underwriters and Commercial Loan Underwriter I).
  • Responsible for assigned duties related to the management of department internship program.
  • Demonstrates compliance with banking business laws and regulations as defined in company policies and procedures pertinent to the position.
  • Regular attendance is essential to this position.
  • Assumes additional responsibilities as requested.
  • Assist with the development of more junior personnel and planning of workflow for the Team.

Benefits

  • Health Insurance
  • Dental
  • Vision
  • Flexible Spending Account
  • Health Savings Account
  • 401k Matching
  • Tuition Reimbursement
  • Employee Referral Program
  • Summer Family Outing
  • Annual Holiday Reception and more
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