Senior Retail Credit Underwriter

Stock Yards Bank & Trust • Louisville, KY

1d

About The Position

The Senior Retail Credit Underwriter serves as the senior underwriter for the Retail and Small Business Loan Groups. The role underwrites retail consumer and small business loan applications by assessing creditworthiness, collateral position, and debt-to-income or cash-flow ratios. The position also supports sound lending decisions, regulatory compliance, portfolio profitability, and training for Retail and Small Business employees. The work is performed primarily in a general office setting.

Requirements

• At least 3 years of consumer and small business underwriting experience, or equivalent loan production experience.
• At least 5 years of banking experience.
• Strong consumer and small business credit skills.
• Understanding of regulatory and compliance issues regarding loans.
• Knowledge of bank loan policies and procedures.
• Excellent written and verbal communication skills.
• Proficiency in Word and Excel.
• Professional appearance and demeanor.
• Ability to sit for extended periods and use a computer and office equipment; communicate clearly and hear adequately; read screens, documents, and financial data; occasionally stand, walk, bend, or reach; and occasionally lift and carry up to 10–15 pounds.

Nice To Haves

• College degree preferred.

Responsibilities

• Underwrite retail consumer and small business loan applications originated by Retail and Small Business Group employees, analyzing creditworthiness, collateral position, and debt-to-income or cash-flow ratios.
• Perform second reviews of denied consumer and small business applications.
• Work with the Retail Lending Manager, Retail Credit Underwriter(s), Credit Administration, and Chief Risk Officer to support compliance with bank lending policies and quality loan decisions.
• Meet portfolio profitability targets.
• Answer questions from the Loan Documentation group, branches, and Small Business lenders regarding loan documentation, pricing, and structure.
• Approve requests to release collateral and subordination requests, and review and approve rate and guideline exceptions when warranted for Retail and Small Business group employees.
• Assist the Retail Lending Manager with formal training of Retail and Small Business employees when needed.
• Support the Bank’s mission, vision, and philosophy and comply with organizational policies and procedures.
• Support functions that maintain compliance with regulatory agencies.

Benefits

• 401(k) with company match of up to 6%
• ESOP employer match
• Medical insurance
• Dental insurance
• Vision insurance
• Cancer/Disease insurance
• Accident insurance
• Flexible Spending Accounts
• Flexible Savings Accounts
• Health Savings Accounts
• Bank-paid Life/AD&D insurance
• Voluntary Life/AD&D insurance
• Bank-paid Short-Term and Long-Term Disability insurance
• Employee Stock Purchase Plan
• Employee Assistance Program

What This Job Offers

• Job Type: Full-time
• Career Level: Senior
• Education Level: No Education Listed