Credit Underwriter I/II-Commercial Real Estate Banking
About The Position
The Portfolio Management Underwriter (PMU) is responsible for ongoing management and primary accountability for monitoring and maintaining an assigned portfolio of commercial real estate loans, primarily involving larger or complex client relationships. The PMU monitors operating performance and financial condition to identify issues and opportunities, delivers financial, industry, and economic analysis to inform decisions and risk-rating recommendations, and ensures compliance with credit policies, guidelines, and applicable regulatory requirements. The role also provides underwriting analysis and approval recommendations for borrower requests involving assigned clients and facilities. The PMU reports to the Senior Credit Manager and partners with Credit Risk Managers, Relationship Managers, Credit Officers, and Underwriters. The role requires sound judgment and credit skills, active participation in credit approvals for complex clients and transactions, and a focus on process simplification and improvement under management direction. Credit facilities include bridge, term, and construction loans for commercial real estate developers and investors.
Requirements
- At least 2 years of commercial credit financial analysis and portfolio management experience.
- Commercial Credit Training.
Nice To Haves
- Bachelor’s degree in finance, accounting, economics, or a similar field.
- Certificate from an accredited real estate educational program.
- Experience at a large money center bank.
- Commercial real estate portfolio management experience.
Responsibilities
- Manage post-close credit activity, including documenting conditions for pre-approved extensions and associated legal documents.
- Monitor and maintain an assigned portfolio, including risk-rating scorecards, annual sponsor and guarantor financial reviews, covenant compliance, construction monitoring, interest-reserve analysis, lease reviews, loan reporting, and site inspections.
- Handle activities related to minor modifications of existing credits and extensions of facilities that qualify for defined extension options.
- Conduct collateral and sponsor/guarantor financial analysis and review related legal documents.
- Analyze operating performance and financial condition, identify issues and opportunities, and provide analysis and risk-rating recommendations.
- Provide underwriting analysis and approval recommendations for borrower requests related to assigned clients and facilities.
- Ensure adherence to credit policies, guidelines, and applicable regulatory requirements.
- Participate with the Credit Team in credit approvals for complex clients and transactions.
- Drive process simplification and improvement under management direction.
Benefits
- Access to paid time off.
- Industry-leading benefits and resources and support for employees.
- Eligibility for an annual discretionary award based on individual performance and behaviors, line-of-business or group performance and contributions, and overall company success.
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What This Job Offers
Job Type
Full-time
Career Level
Entry Level
Education Level
No Education Listed
