Senior Commercial Real Estate Underwriter - Remote
About The Position
Optum is a global organization that delivers care, aided by technology to help millions of people live healthier lives. The work you do with our team will directly improve health outcomes by connecting people with the care, pharmacy benefits, data and resources they need to feel their best. Here, you will find a culture guided by inclusion, talented peers, comprehensive benefits and career development opportunities. Come make an impact on the communities we serve as you help us advance health optimization on a global scale. Join us in making healthcare work better for everyone through people-led, responsible AI while Caring. Connecting. Growing together. You’ll enjoy the flexibility to work remotely from anywhere within the U.S. as you take on some tough challenges. For all hires in the Minneapolis or Washington, D.C. area, you will be required to work in the office a minimum of four days per week
Requirements
- 5+ years of experience analyzing business and personal financial statements associated with loan requests
- 5+ years of experience underwriting commercial loans, including commercial real estate loans
- Experience making or recommending credit decisions on transactions > $10 million
- Knowledge of commercial real estate financing, loan documentation, lending laws, loan transaction procedures, portfolio monitoring, and loan servicing
Nice To Haves
- Bachelor’s degree in Finance, Accounting, Economics, or Business
- Formal commercial credit training program
- Experience working in credit or lending role with a commercial bank
- Experience working out problem loans
Responsibilities
- Underwrite new commercial loan requests and perform periodic reviews on existing commercial loans
- Create credit underwriting memos which analyze the credit request, the borrower, financial and credit information, repayment sources, risks and mitigation, collateral, and compliance with applicable regulations and policies
- Analyze and document loan modification requests
- Be knowledgeable of policies, guidelines, procedures, regulations and systems applicable to the credit function
- Ensure that loan files and documentation are complete
- Make, recommend, and present credit decisions to credit administration and credit committee through both effective written and verbal communication
- Assess and recommend risk ratings for underwritten loans
- Assist with portfolio management and monitoring
- Develop and maintain positive relationships with internal and external clients
- Assist in training and mentoring less experienced credit team members
Benefits
- comprehensive benefits package
- incentive and recognition programs
- equity stock purchase
- 401k contribution
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What This Job Offers
Job Type
Full-time
Career Level
Senior
