Commercial Loan Underwriter - Fort Worth

EECU•Fort Worth, TX

6h•Onsite

About The Position

Texas Business Lenders Group (TBLG) is seeking an experienced Commercial Loan Underwriter for a full-time position based in Fort Worth. TBLG is a Credit Union Service Organization that handles Member Business Lending for multiple credit unions in Texas, including EECU. The role involves performing thorough analysis of credit union commercial business loan requests and periodic reviews of existing loans. The portfolio primarily consists of loans secured by commercial real estate and a secondary focus on Commercial & Industrial (C&I) lending. Responsibilities include analyzing and underwriting loan requests, preparing Credit Approval Packages detailing analysis of Capacity, Capital, Character, Collateral, and Condition, ensuring compliance with lending policy, and communicating recommendations to credit union personnel. Periodic reviews of existing loans will also be conducted to assess payment history, financial performance, and risk factors. Special projects related to loan portfolio monitoring and reporting may be assigned.

Requirements

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
Excellent financial analysis skills and ability 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.
Good credit history (EECU will evaluate applicant's credit history in compliance with applicable laws)
Must clear background check including employment, criminal, and drug screen if offered a position.

Nice To Haves

Bachelor’s degree in finance, accounting, business, or a related field preferred
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, detailing the analysis of submitted loan requests for Capacity, Capital, Character, Collateral, and Condition, and any other relevant risk factors.
Ensure loan requests comply with lending policy and product specification or counteroffer to different products when appropriate.
Communicate recommendations (approval, suspense, denial) to appropriate individuals within the credit union.
Uphold fair lending practices 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 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.
Undertake special projects, primarily related to loan portfolio monitoring and reporting, 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.
Attend initial and ongoing annual Bank Secrecy Act training.