Sr. Commercial Underwriter

Liberty Bank - CT•Hartford, CT

41d•$120,000 - $160,000

About The Position

The Senior Commercial Underwriter is a senior individual contributor who manages the end-to-end credit and underwriting function and reports to the Manager of Commercial Credit Underwriting. The role requires expertise in market, industry, and risk analysis for Commercial Real Estate, Community Banking, or Resort Finance. The underwriter manages a complex, high-value loan portfolio with minimal supervision and expands expertise into secondary business lines. As a technical subject matter expert, the role translates financial data into credit decisions aligned with the Bank’s risk appetite and regulatory standards.

Requirements

7–10+ years of commercial underwriting experience.
Extensive experience underwriting large, high-risk, or specialized credit transactions.
Expert-level financial analysis and risk assessment capabilities.
Demonstrated ability to structure complex credit facilities and negotiate terms.
Strong influencing skills and ability to partner effectively with senior lenders.
Recognized subject matter expertise in credit risk management.
Proven track record of coaching and developing credit underwriting staff.
Deep understanding of credit policy and regulatory considerations.
Ability to travel for training or site visits.

Nice To Haves

Bachelor’s degree in finance, accounting, business, or a related field preferred.

Responsibilities

Prepare high-level narrative summaries and complex financial statement analyses for intricate or high-exposure Commercial Banking and Real Estate loan applicants.
Formulate conclusions on sophisticated loan structures and appropriate covenants for large-scale applications, making decisions with minimal supervision.
Lead annual reviews and ongoing management of high-risk or high-value portfolios, aligning risk ratings with market conditions.
Research niche industries and emerging market trends and serve as a departmental subject matter expert.
Review and recommend actions for complex borrower requests, and provide technical guidance to junior staff and Relationship Managers.
Review and approve major payment and construction advance requests, and assist with audit reviews of servicing companies and borrower records as needed.
Interact with customers, correspondents, appraisers, and real estate brokers to obtain financial, property, and marketing information.
Assist in training and developing PDPs and underwriters, setting standards for financial-data presentation and technical proficiency.
Monitor and interpret changes in Federal and State regulations and update departmental procedures to maintain compliance with BSA, OFAC, and the PATRIOT Act.
Improve underwriting and processing standards to optimize the Bank’s investment criteria and workflow efficiency.
Perform other duties as assigned.
Act affirmatively in activities under the role’s control in conformance with the Bank’s Affirmative Action, Equal Employment Opportunity, and Fair Lending Programs.