Senior Commercial Underwriter

FourLeaf Career • Bethpage, NY

7d

About The Position

The Senior Commercial Underwriter is responsible for commercial credit activities at FourLeaf, ensuring consistency with MBL policy and commercial credit standards across commercial lending activities and the portfolio. The role may be performed through flexible work options, including a remote setup.

The underwriter reviews and analyzes commercial loan packages, assesses creditworthiness and risk, prepares financial spreads and detailed credit approval memos, and recommends risk ratings or credit restructuring. The role handles higher-volume and more complex deals, including C&I and construction transactions, and takes ownership of assigned files to ensure loans are decided and closed within expected timeframes.

The position also supports the commercial credit pipeline, loan-sale participant requests, audits, annual reviews and workout evaluations. It involves maintaining underwriting files, reviewing legal loan documentation, collaborating with internal and external stakeholders, mentoring teammates, and helping update lending and underwriting policies and procedures.

Requirements

• Bachelor’s degree in Business or Finance.
• 5–9 years of experience.
• Strong analytical skills in documenting and evaluating owner-occupied commercial real estate transactions and C&I.

Responsibilities

• Review and analyze commercial loan packages, including leases, rent rolls, tax returns, financial statements, credit reports, appraisal reports, and environmental reports.
• Assess market data and risk to determine creditworthiness and make credit decisions in accordance with FourLeaf policies and procedures.
• Prepare standardized financial statement and/or tax return spreads to support borrower financial analysis.
• Handle higher-volume and more complex deals, including C&I and construction transactions.
• Prepare detailed credit approval memos for review by the department AVP and FourLeaf credit committee, including analysis of property occupancy, cash flow, market outlook, guarantor strength, risks, and mitigating factors.
• Recommend risk ratings and/or credit restructuring based on risks identified during underwriting.
• Help maintain the commercial credit pipeline and provide current statuses for loan files in process.
• Take ownership of assigned files and ensure loans are decisioned and closed within expected timeframes.
• Correspond and collaborate with legal counsel, relationship managers, commercial operations specialists, commercial lending management, members, and prospective members while maintaining high service standards.
• Assist the Commercial Capital Markets Manager with responses and documentation for participants’ loan-sale requests.
• Maintain underwriting files and review legal counsel-prepared loan documentation for accuracy and adherence to FourLeaf policies and procedures.
• Assist with auditor questions and requests during internal and external audits of the commercial lending portfolio and underwriting practices.
• Assist workout and portfolio teams with annual reviews, workout evaluations, and proposals.
• Mentor and coach other underwriters or teammates.
• Assist in updating lending and underwriting policies, guidelines, and procedures to ensure compliance.

Benefits

• Medical, dental, and vision coverage
• Life and disability insurance
• Voluntary benefit programs
• 401(k) plan with employer match
• Reimbursement and wellness programs
• Annual performance-based bonus
• Tuition reimbursement
• Flexible work options
• Volunteer opportunities
• Clubs and sports

What This Job Offers

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