Commercial Underwriter I

America First Credit Union • Roy, UT

12h

About The Position

Under the direction of the manager this position is responsible for underwriting, reviewing, analyzing, and understanding business financial performance as part of the commercial loan origination and underwriting process. It spreads, assembles, and accurately analyzes borrower financials. It generates analysis summaries that can be applied to loan underwriting. Effectively communicates findings to relevant parties. Provides in-depth analysis and underwriting of business, commercial and industrial loan applications. Provides in-depth analysis and review of existing commercial loans. Identifies needs of existing business membership and communicates future opportunities. Provides high quality and professional service to business members. Supports credit union departments and branches. Works with staff to improve operations. Ensures the accuracy of commercial loan applications submitted for committee approval.

Requirements

• Bachelor’s Degree in Business or related field or equivalent combination of formal training and experience
• Thorough knowledge of Credit Union products, services, policies, and procedures including but not limited to: consumer and residential lending practices.
• Understanding of accounting functions, financial statements, and GAAP requirements
• Understanding of business lending functions
• Understanding of credit worthiness
• Understanding of training and development processes
• Understanding of MS Office software applications.
• Minimum of 2+ years of progressive credit union experience or college education, preferably in areas where accounting, underwriting, and financial analysis skills were demonstrated.
• Experience reading, dissecting, and interpreting financial statements required.
• Excellent communication and interpersonal abilities.
• Excellent phone skills and professional phone etiquette.
• Excellent problem-solving, analysis, and financial skills.
• Strong ability to prioritize tasks and assignments. Highly organized and attentive to detail.
• Highly motivated and able to motivate others.
• Willing to cooperate with and assist others.
• Able to use PC, printer, phones, fax, and business equipment.
• Able to operate required computer applications and software.
• Able to analyze loan documents, financial statements, and other borrower information.
• Able to achieve goals.

Nice To Haves

• Minimum of 2+ years of progressive business or commercial lending experience.
• Experience underwriting business credit, identifying risk, and mitigating risk.
• Experience underwriting complex deal structures with multiple entities, guarantors, and sources of cash flow.

Responsibilities

• Maintaining the underwriting, analysis and evaluation of commercial loan applications per credit union policy, procedure, and industry standards
• Supporting the management and monitoring of the commercial loan portfolio
• Establishing and maintaining effective coordination and communication with credit union personnel and with management.
• Other related duties as required or assigned.

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level
• Number of Employees: 5,001-10,000 employees