Commercial Underwriter

First Bank • Creve Coeur, MO

3d

About The Position

The Commercial Banking Underwriter serves as a critical control within the bank’s credit risk management framework and is responsible for the independent risk assessment of commercial loan requests. This role provides objective evaluation of creditworthiness, preparing comprehensive credit memoranda that identifies risk factors and exceptions to credit policy, and makes recommendations on credit decisions.

Requirements

• Working knowledge of commercial loan structures, underwriting principles, credit policy, credit procedures, and basic financial analysis
• Working knowledge of accounting principles, bank products, and applicable regulatory expectations
• Familiarity with credit scoring concepts
• Ability to multitask and manage competing priorities effectively
• Ability to work independently with appropriate oversight and collaboratively within a team environment
• Effective use of efficient work methods to meet productivity expectations
• Developing analytical, reasoning, and problem‑solving skills
• Developing written and verbal communication skills
• Strong organizational, time‑management, and prioritization skills with the ability to meet deadlines
• Ability to identify and mitigate risk with appropriate escalation
• Sound judgment in day‑to‑day work activities
• Self‑motivated with a demonstrated ability to take initiative
• Ability to function effectively as a team player
• Adaptability in a fast‑paced work environment
• Accountability for assigned work and outcomes
• Resourcefulness in addressing issues and completing tasks
• Consistent attention to detail
• Bachelor’s Degree in business, accounting, finance, or a related field required
• Bachelor's Degree from a four year college or university required

Nice To Haves

• MBA preferred

Responsibilities

• Prepare objective underwriting analysis for commercial loan requests including new loans, renewals, extensions, and modifications
• Exercise independent judgment to assess the creditworthiness of loan requests, including analyses of borrowers, guarantors, and collateral
• Identify transaction risks and propose mitigants to ensure alignment with the Bank’s risk appetite
• Actively participate in the deal team, collaborating with Relationship Managers, Portfolio Managers, and Regional Credit Officers
• Provide well-supported recommendations to arrive at credit decisions
• Participate in training to increase proficiency as part of professional development
• Perform other duties as assigned

What This Job Offers

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