Commercial Underwriter

East West Bank • Atlanta, GA

2d

About The Position

The Underwriter is responsible for underwriting and portfolio management of Commercial Lending relationships, supporting East West Bank’s nationwide Commercial Lending Business. The business primarily focuses on senior secured cash flow loans to middle market companies, with typical loan sizes ranging from $20 million to $50 million. The Underwriter works with a deal team that typically includes a Relationship Manager and a Credit Analyst.

Requirements

• Bachelor's degree or a combination of education and directly related experience.
• Ideally at least 7 years of underwriting experience.
• Modeling experience, specifically sensitizing management and/or sponsor projections based on information learned during underwriting.
• Excellent organizational and presentation skills.
• Basic skills in computer terminal and personal computer operation; mainframe computer systems; word processing, spreadsheet, and specialty software programs.
• Ability to deal with complex problems involving multiple facets and variables in non-standardized situations.
• Ability to work with minimal supervision while performing duties.
• Legal authorization to work in the United States; visa sponsorship is not offered.

Responsibilities

• Review initial data for prospective clients, prepare opportunity memos, and present them to Credit Officers for term sheet approval.
• Perform detailed underwriting of prospective clients, evaluating financial statements, industry and competitive dynamics, and identifying material strengths, risks, and mitigants.
• Prepare sensitized financial models and evaluate other relevant data related to new deal opportunities.
• Review third-party reports and prepare enterprise value analyses using comparables and discounted cash flow.
• Prepare written Credit Approval Memorandums for presentation to Credit Officers to obtain final approval to close new deals.
• Manage a portfolio of clients, including credit monitoring and preparing and presenting updated client performance reports for quarterly portfolio reviews.
• Maintain client relationships and keep client risk ratings current.
• Perform other duties as assigned by management.

What This Job Offers

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