Credit Underwriter

Bryant Bank • Athens, AL

2d • Onsite

About The Position

The Credit Underwriter will be responsible for evaluating loan applications, assessing credit risk, and making informed lending decisions in accordance with the bank's policies, regulatory requirements, and risk tolerance. This role involves analyzing financial statements, credit reports, and collateral to ensure that lending decisions align with the bank’s standards. The Credit Underwriter will collaborate with relationship managers and other departments to ensure smooth processing and mitigate risks while supporting the bank’s lending objectives.

Requirements

• Strong understanding of financial statements, financial modeling, and credit analysis techniques.
• Proven experience in credit analysis or underwriting within a banking environment.
• Familiarity with banking regulations and compliance requirements.
• Excellent analytical, problem-solving, and decision-making skills.
• Strong written and verbal communication skills.
• Proficiency in Microsoft Office Suite and financial analysis software.
• Attention to detail, with the ability to work under pressure.
• Bachelor’s degree in Finance, Accounting, Economics, or a related field
• 1-2 years of related experience

Nice To Haves

• 3-5 years of experience in credit analysis or underwriting within a banking environment preferred.
• Certification in Credit Risk (e.g., CRISC, FRM) or similar professional certifications.
• Experience working with loan products or in specialized industries such as real estate, manufacturing, etc.

Responsibilities

• Loan Application Analysis: Review and evaluate loan applications, financial statements, and credit reports to assess the credit risk of potential borrowers and determine their eligibility for credit.
• Credit Risk Assessment: Conduct thorough assessments of borrower creditworthiness, using financial ratios, historical data, and qualitative information to ensure accurate lending decisions.
• Collateral Evaluation: Assess the adequacy and value of collateral to determine appropriate loan structures, ensuring that risk exposure is minimized.
• Loan Approval Recommendations: Prepare well-documented credit memos with detailed assessments, presenting clear recommendations for loan approvals or rejections to management.
• Policy and Compliance Adherence: Ensure all credit decisions comply with the bank’s internal lending policies, procedures, and relevant regulatory requirements.
• Collaboration with Internal Teams: Work closely with relationship managers, loan officers, and other departments to collect necessary information, discuss loan proposals, and resolve issues.
• Risk Mitigation: Identify emerging risks in lending and recommend proactive measures to minimize potential losses.
• Industry Awareness & Market Trends: Stay up-to-date on market conditions, economic trends, and regulatory changes affecting lending and underwriting processes.

What This Job Offers

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