Commercial Real Estate Underwriter

Seacoast Bank • Atlanta, GA

412d

About The Position

The Commercial Real Estate Underwriter at Seacoast Bank plays a crucial role in supporting the revenue growth and asset quality of the commercial lending line of business. This position involves participating in client relationship development, monitoring existing relationships, and managing credit risk to ensure loans are quality assets. The underwriter will utilize strong analytical skills and extensive knowledge of business finance to propose solutions that meet customer needs while adhering to the bank's loan policies and credit culture.

Requirements

• Bachelor's degree in finance, accounting, or business preferred.
• Minimum of five years of relevant experience in commercial credit analysis, lending, loan structuring, underwriting, and portfolio management.
• Formal commercial credit training preferred.
• Ability to develop analytic and risk management skills for complex transactions.
• Sound judgment in applying analytical conclusions to credit approval and loan structure.
• Familiarity with various industries and commercial property types.
• Experience evaluating economic and market conditions.
• Experience analyzing collateral and collateral valuation.

Nice To Haves

• Formal credit training preferred.

Responsibilities

• Analyze financial information on existing and potential customers to assess their financial condition and ability to repay loan requests.
• Perform periodic or annual reviews and covenant tests, or loan modifications.
• Investigate sources of credit and financial information, including reporting services and credit bureaus.
• Understand the market and industry in which the customer operates.
• Assess collateral pledged as security for loans.
• Meet with borrowers and accountants to gather necessary information.
• Prepare and present financial information, industry data, and economic influences in required formats.
• Prepare analytical credit memoranda that identify risks, analyze repayment sources, and evaluate collateral.
• Maintain a thorough understanding of credit culture and loan policy to advise on risk appetite and policy adherence.
• Negotiate loan structures with Commercial Bankers on underwriting assignments.
• Ensure loan agreements are complete and accurate according to approvals.
• Support timely loan closing and funding activities.
• Manage loan portfolio to ensure compliance with approved terms and loan documents.
• Identify weaknesses in loans to minimize exposure and reduce credit risk.
• Assist the Special Assets Department in managing problem loans and minimizing charge-offs.
• Stay current on market and industry issues, trends, and regulatory pronouncements.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Education Level: Bachelor's degree