Commercial Underwriter

Local Bank•Tuscaloosa, AL

2h•Onsite

About The Position

The Commercial Underwriter evaluates, analyzes, and underwrites commercial loan requests to support sound credit decisions consistent with the Bank’s risk tolerance and lending policies. The role works with Relationship Managers, Credit Administration, Loan Officers, and Executive Management to develop credit solutions that meet client needs while preserving portfolio quality and ensuring regulatory compliance. The Bank prefers to fill the position in Tuscaloosa, Alabama, but will consider candidates in the Huntsville or Birmingham, Alabama markets. The position is 100% in-office, Monday through Friday, 8:00 a.m. to 5:00 p.m. Central Time, with a one-hour lunch break. Work outside the standard schedule may be needed for customer assistance, assignments, work-related events, and other duties. The role involves prolonged sitting and computer work, and may require lifting up to 15 pounds. Professional attire is required.

Requirements

Bachelor’s degree in Finance, Accounting, Business, Economics, or a related field.
3–5 years of experience in commercial credit analysis, underwriting, or a related banking role.
Strong knowledge of commercial lending practices, loan structures, and regulatory compliance.
Proficiency in financial statement analysis, ratio analysis, and cash flow modeling.
Excellent written and verbal communication skills, including the ability to prepare clear, concise credit recommendations.
Strong attention to detail and accuracy, organizational skills, and time-management skills.
Proficiency in Microsoft Office Suite and financial spreading software.
Ability to work independently and collaboratively in a fast-paced environment.

Responsibilities

Analyze financial statements, tax returns, cash flow projections, and collateral documentation to determine borrower creditworthiness.
Evaluate new and existing commercial and/or consumer client loan requests, including renewals, modifications, and annual reviews.
Prepare detailed credit memos with loan recommendations, risk ratings, and mitigating factors.
Assess borrower, guarantor, and collateral strength to ensure loans comply with Bank policy, regulatory guidelines, and prudent underwriting practices.
Collaborate with Loan Officers and Senior Management to structure and price commercial credit facilities.
Identify and communicate potential risks, weaknesses, and policy exceptions, and propose risk mitigation strategies.
Maintain thorough documentation supporting credit decisions and complete underwriting assignments in a timely manner.
Monitor portfolio performance and help identify deteriorating credits or emerging risks.
Support compliance with internal loan policy and FDIC, OCC, and other regulatory requirements.
Assist with periodic portfolio reviews, audits, and loan review examinations.
Participate in developing and continuously improving underwriting procedures and tools.
Perform other duties and responsibilities as assigned.