Sr Commercial Underwriter

National Cooperative Bank. N.A.•Arlington, VA

8d•Hybrid

About The Position

The primary role of the Senior C&I Underwriter position is to support business development officers in the underwriting process for current and prospective Commercial and Industrial loans including owner occupied real estate loans. The Senior Underwriter will also support business development officers in some portfolio management duties. The candidate will be responsible for analysis and underwriting of current and prospective Commercial and Industrial lending transactions. The Senior C&I Underwriter works closely with loan origination and external deal partners for the purposes of prospecting new transactions and analyzing the credit quality of prospective and current businesses. Analysis includes preparing and reviewing a spreadsheet of historical financial data, evaluating impact of new debt on current cash flow, sensitizing projections for worst case scenarios, and identifying policy exceptions. In addition to financial review, a collateral and industry assessment is included in a written presentation, which also summarizes strengths and weaknesses of credit and a recommendation to decline or approve the request. Industries that are covered include, but are not limited to, grocery, franchise, non-profit/healthcare, solar and government contracting. Loan amounts range from $100,000 to $40,000,000 plus.

Requirements

10+ years of Commercial Lending experience - underwriting and/or portfolio management at a national commercial bank.
Fundamental knowledge of Commercial Lending, credit analysis and negotiation skills.
Demonstrated ability to underwrite and process commercial deals within the context of NCB credit guidelines and investment criteria.
Proficient in Microsoft Office Suite
Excellent oral and written communication skills
Ability to work with minimal supervision and make independent judgements under stressful conditions
Strong interpersonal skills and flexibility.
MS Excel, daily use, 30-90 days
Proprietary spreadsheets, daily use, within 30 days
Financial calculator, daily use, within 5 days, advanced proficiency
Proprietary systems (nCino, Customer Insight), daily use, 30-60 days
Portfolio Management Process 30-90 days.
Demonstrated analytical, cash flow modeling and conceptual skills
Strong financial analysis and spreadsheet skills.
Strong knowledge of models used to evaluate the strength of borrower's cash flow and its viability to provide for primary and secondary sources of repayment, as well as models to assess refinance risk.
Strong understanding of Global Cash Flow, Free Cash Flow and Leverage.
Strong knowledge of loan structuring with ability to balance bank objectives and borrower expectations.
Manage relationships with internal personnel, borrowers, borrowers' representatives including accountants and attorneys, and third-party vendors including appraisers, environmentalists and engineers

Nice To Haves

formal credit training is a plus.

Responsibilities

Analysis and underwriting of current and prospective Commercial and Industrial lending transactions.
Works closely with loan origination and external deal partners for the purposes of prospecting new transactions and analyzing the credit quality of prospective and current businesses.
Preparing and reviewing a spreadsheet of historical financial data, evaluating impact of new debt on current cash flow, sensitizing projections for worst case scenarios, and identifying policy exceptions.
Conducting collateral and industry assessment in a written presentation, which also summarizes strengths and weaknesses of credit and a recommendation to decline or approve the request.
Provide portfolio and industry analysis for existing loans and prospective new business.
Stay abreast of market conditions and other changes that might impact lending conditions using the Internet and other research tools.
Perform periodical reviews of existing loan relationships of the Bank.
Assist with routine maintenance of electronic credit files and bank systems.
Work closely with other underwriters and other members of the first line of defense to foster good team relationships and assist others when appropriate.
Perform other duties as assigned.