Commercial Services Senior Underwriter

GreenState Credit Union • North Liberty, IA

1d • $103,793 - $121,346

About The Position

The Senior Underwriter position is responsible for initial and ongoing analysis and monitoring of the credit worthiness of the commercial portfolio. The Senior Underwriter also monitors NCUA regulations pertaining to MBL and ensures that policy is compliant with regulations. At GreenState, our purpose is to create lasting value for our members, our communities, and one another. We empower our teams to create opportunities that strengthen financial well-being, transform lives, and enhance the vitality of the communities we serve. We know our success—now and in the future—is deeply rooted in fostering an engaging, diverse, and inclusive workplace where everyone knows they matter, their work makes an impact, and their everyday commitment to living our values is what brings our mission to life.

Requirements

• Four-year college business degree required.
• Minimum five years of experience underwriting commercial loans.
• Ability to coordinate and prioritize complex assignments and organize work efficiently.
• Excellent time management skills required to manage multiple assignments, make multiple decisions, and weigh the outcomes of those decisions, at one time.
• Interpersonal skills to represent the credit union in a positive way during member contact.
• Ability to deal courteously, tactfully, and efficiently with all internal and external members on a highly professional level.
• Excellent figure aptitude, with accuracy and attention to detail required.
• Knowledge of procedures, forms and regulations as they relate to commercial lending and deposit gathering.
• Proficiency in a wide variety of personal computer software programs, including the Microsoft Office application suite.

Responsibilities

• Performs essential duties and responsibilities in the following areas which may include, but are not limited to those listed and are subject to change:
• Adheres to the Credit Union's core values and Service Standards in carrying out GreenState's mission and vision.
• Demonstrates teamwork in all interactions with co-workers and in the completion of all duties and responsibilities.
• Provides the highest level of internal and external customer service.
• Ensures confidentiality of member information.
• Participates in community events to increase the credit unions’ visibility and to enhance and seek new business opportunities. Plays a vital role by participating in community service organizations and/or credit union sponsored events, on an annual basis.
• Develops analysis of market, loan, borrower, and lender risks based on portfolio data.
• Develops and presents analysis of risk for new loan originations to respective Commercial Lender, Executive Vice President of Commercial, and Commercial Loan Committee.
• Makes underwriting decisions and risk rating assessment recommendations.
• Assists the Commercial Lenders in obtaining and analyzing current financial/collateral information on existing loans for the purpose of conducting periodic reviews to determine the ongoing credit worthiness of the borrower and documents the review in the standard Annual Review format or file memo, consistent with policy requirements. Identifies emerging risk issues and trends and presents analysis to the Executive Vice President/Commercial Services and Commercial Loan Committee with recommendation.
• Ensures that loan quality and compliance with State and Federal regulations and guidelines and within GreenState policies and procedures.
• Prepares spreadsheets or other statement spreads for the purpose analyzing current and historical financial information.
• Researches and responds to internal (co-worker) and external (member or authorized third party) requests for financial information on commercial members.
• Trains and provides guidance for other Commercial Underwriters within the department.
• Ensures credit presentations prepared within the department are accurate and complete.
• Works with Commercial Underwriters to ensure consistency in underwriting, spreading, and loan presentations.
• Act as a resource for all Commercial Services team members in order to facilitate loan processes.
• Researches regulations and coordinates the drafting of policy changes, assists in staff training and development pertaining to policy and regulations.
• Provides support and assistance during internal, state, and federal audits.

Benefits

• progressive benefit package

What This Job Offers

• Job Type: Full-time
• Career Level: Senior