Underwriter - Commercial Real Estate Credit CRE

Amerant Bank • Miramar, FL

7d • Hybrid

About The Position

The Underwriter provides an independent, objective assessment of credit risks associated with Commercial Real Estate (CRE) transactions, including small business, midsize, large, and complex structures. The position supports credit risk management and credit quality across an assigned portfolio by monitoring relationship trends, addressing exceptions, evaluating risk, and recommending credit solutions appropriate to each relationship’s risk profile.

The role supports new and existing CRE credit exposures through underwriting, financial analysis, annual reviews, covenant monitoring, credit documentation, and recommendations. It also monitors portfolio maturities, delinquencies, criticized assets, and other potential issues; conducts project site visits; supports training of new underwriters; and helps ensure compliance with bank policies, regulations, and applicable risk controls. The position is hybrid work eligible.

Requirements

• Bachelor’s degree in business, accounting, or finance, or 5+ years of credit underwriting or credit analysis experience in lieu of education.
• At least 5 years of professional experience in credit underwriting or credit analysis.
• Knowledge of banking products and documentation.
• Thorough understanding of the Bank’s credit procedures, programs, and policies.
• Knowledge of accounting and credit principles.
• Proficiency in Microsoft Suite.
• Strong time-management and organizational skills; well-organized and systematic.
• Strong communication skills.

Nice To Haves

• Master’s degree.
• Formal credit training.
• Experience with SQL.
• Experience with Salesforce, nCino, or FIS IBS.

Responsibilities

• Provide transactional support by creating credit memoranda, maintaining knowledge of the Bank’s credit programs and policies, and reporting deviations to a supervisor.
• Conduct underwriting and analysis as needed; screen preliminary data for new business, obtain required documentation, verify conformity with underwriting policy, and prepare documentation, memoranda, or presentations.
• Perform annual reviews of existing credit relationships, identify risk-rating changes and errors or inconsistencies, recommend appropriate rating modifications, calculate and verify covenant tests, and monitor loan policy exceptions.
• Review and evaluate the financial condition and operating performance of CRE borrowers for new and existing exposures, increases, and modifications to terms or conditions.
• Conduct accurate financial analysis of large and complex transactions, identify loan policy exceptions and industry- or loan-structure-specific risks, and identify appropriate mitigating factors.
• Identify, evaluate, and monitor current or prospective risks to earnings or capital arising from violations or nonconformance with laws, rules, regulations, prescribed practices, internal policies and procedures, or ethical standards; make recommendations to the supervisor as necessary.
• Assist with reviewing and measuring borrower compliance with legal covenants, tracking compliance, and identifying non-compliance; collaborate with Credit Portfolio Managers, Relationship Managers, and other bank units as needed.
• Assist in training new underwriters on department procedures, analysis formats, and applicable credit criteria.
• Complete or review spread financial statements, comprehensive analyses, and credit approval packages, and provide feedback in accordance with Bank credit programs and policies.
• Use software systems for loan originations, modifications, annual reviews, and presentations to senior management.
• Administer and monitor maturities, delinquencies, and criticized asset reports; identify portfolio red flags or problems and report issues and irregularities to a supervisor.
• Conduct project site visits or inspections and report findings.
• Provide assistance in other department areas as required, including coverage during vacations or absences.
• Ensure preventive measures are carried out to comply with current rules, regulations, and internal policies relating to BSA, the USA Patriot Act, OFAC, and other AML-related matters.
• Assist management with ongoing projects.
• Perform other duties as assigned by the Chief Credit Officer or supervisor.

What This Job Offers

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