Commercial Loan Underwriter - Fort Worth

EECU•Fort Worth, TX

8d•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 functions 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. Key responsibilities include analyzing and underwriting commercial loan requests and supplemental financial information, preparing Credit Approval Packages detailing analysis of Capacity, Capital, Character, Collateral, and Condition, and ensuring compliance with lending policy. The position requires communication of recommendations to credit union personnel, upholding fair lending practices, and meeting productivity, quality, and customer satisfaction targets. The loan portfolio primarily consists of commercial real estate loans, with a secondary focus on Commercial & Industrial (C&I) lending. Periodic reviews of existing loans will assess payment history, financial performance, and risk factors. Special projects related to loan portfolio monitoring and reporting may also be assigned.

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
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.
Applicants must have good credit history.
Must clear background check including employment, criminal, and drug screen.
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.

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, 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 specifications, 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 ongoing repayment ability.
Undertake special projects, primarily related to loan portfolio monitoring and reporting, as needed.