Commercial Loan Underwriter - Fort Worth

EECU•Fort Worth, TX

About The Position

Texas Business Lenders Group is seeking an experienced Commercial Loan Underwriter. Based in Fort Worth, we are a Credit Union Service Organization that serves the Member Business Lending functions for multiple credit unions primarily in Texas, including EECU. We provide underwriting and credit analysis, loan documentation, and servicing for commercial loans of our client credit unions. This full-time position will be responsible for performing thorough analysis of credit union commercial business loan requests and periodic reviews of existing loans. Key responsibilities for this position will be to analyze and underwrite commercial loan requests and supplemental financial information from CU clients. Candidates will prepare Credit Approval Packages for approval submission, which should completely detail the analysis of submitted loan request for Capacity, Capital, Character, Collateral, and Condition and any other relevant risk factors. This includes ensuring that loan request complies with lending policy and product specification or counteroffer to different product when appropriate. This position must communicate recommendations (approval, suspense, denial) to appropriate individuals within credit union, uphold fair lending practice of Texas Business Lending Group (TBLG) and the credit union, meet target for productivity, quality, and customer satisfaction. The portfolio consists primarily of loans secured by commercial real estate of various property types, with a secondary focus on Commercial & Industrial (C&I) lending. Periodic reviews of existing loans will also be conducted to provide the CU clients with an update of payment history, financial performance, and an assessment of other risk factors and trends affecting the ongoing repayment ability of the credit. Special projects, primarily related to loan portfolio monitoring and reporting, may be assigned as needed.

Requirements

Bachelor’s degree in finance, accounting, business, or a related field preferred
Minimum three years of experience in commercial lending industry with experience in underwriting, processing, and/or servicing commercial loans
Experience analyzing tax returns, financial statements, credit reports, and other financial information from individuals and various entity types
Experience, formal training, and/or working knowledge of real estate third party reports including appraisals, Physical Condition Assessments, and Phase I & II Environmental Site Assessments
Must possess excellent financial analysis skills and be able to adapt to specific requirements of credit union industry
Solid written communication skills
Experience and proficiency with various software applications including strong Excel skills and financial analysis, forecasting, and modeling experience.
EECU will, in compliance with applicable laws, evaluate an applicant's credit history. Only applicants with good credit history will be considered for open positions. If offered a position with EECU, will have to clear background check including employment, criminal, and drug screen.

Nice To Haves

Experience or training in loan participations, secondary market, and/or SBA lending are helpful, but not required.

Responsibilities

Analyze and underwrite commercial loan requests and supplemental financial information from CU clients.
Prepare Credit Approval Packages for approval submission, which should completely detail the analysis of submitted loan request for Capacity, Capital, Character, Collateral, and Condition and any other relevant risk factors.
Ensure that loan request complies with lending policy and product specification or counteroffer to different product when appropriate.
Communicate recommendations (approval, suspense, denial) to appropriate individuals within credit union
Uphold fair lending practice of Texas Business Lending Group (TBLG) and the credit union
Meet target for productivity, quality, and customer satisfaction.
Conduct periodic reviews of existing loans to provide the CU clients with an update of payment history, financial performance, and an assessment of other risk factors and trends affecting the ongoing repayment ability of the credit.
Special projects, primarily related to loan portfolio monitoring and reporting, may be assigned as needed.
Responsible for compliance of all Federal and State rules and regulations pertaining but not limited to Bank Secrecy Act, Anti-Money Laundering, Bank Bribery Act, NCUA Privacy Regulations, Reg DD, Reg E, Reg CC, Reg Z, Reg B, FCRA/FACTA, and Service Members Civil Relief.
Required to attend initial and ongoing annual Bank Secrecy Act training.