Underwriter III-Capital Equipment Finance (Hybrid)

First Citizens Bank•Jacksonville, FL

1d•Hybrid

About The Position

The Underwriter III – CEF supports the Capital Equipment Finance (CEF) team at an advanced level through underwriting, analysis, and structuring recommendations for CEF portfolios. Identifies, gathers, and reviews financial information to determine borrower risk ratings and appropriate loan structuring. Assesses and communicates risks within new and existing CEF accounts. Provides service and support for both associates and clients, assisting in customer calls and may assist in identifying cross-sales opportunities to facilitate lending activities.

Requirements

Bachelor's Degree and 2 years of experience in Commercial Lending or Credit Analysis, financial statement spreading, preparation of projections, and trailing twelve-month analysis OR High School Diploma or GED and 6 years of experience in Commercial Lending or Credit Analysis, financial statement spreading, preparation of projections, and trailing twelve-month analysis

Nice To Haves

Bachelors Business, Finance, Economics
Completion of a formal credit training program
Cash flow analysis
Commercial Leasing and Lending including operating leases and term loans
Experience with CreditLens
Experience with financial analysis modeling

Responsibilities

Underwrites CEF accounts according to applicable regulations, procedures, and guidelines.
Reviews financial statements, communicates with clients or prospects, and performs analysis to recommend credit grades and appropriate loan structuring.
Ensures all involved parties are updated on underwriting progress and outcome.
Sources, compiles, and interprets financial data to support structuring and approval of loans.
Reviews industry information and comparisons, key risks and mitigants, and collateral to form a general business overview of the borrower.
Utilizes results of analysis to underwrite CEF loans.
Identifies risks through reviews, analysis, and research of new and existing CEF loans.
Communicates identified risks, review schedule, and potential changes in the CEF portfolio.
Assists in coordinating review and renewal schedules for existing credits, facilitating ongoing risk identification and management.
May assist in the identification of cross-sales opportunities and servicing information.
Prepares credit analysis documentation.
Partners with associates and clients to determine needs and structuring of new requests, participating in client and prospect calls as needed.
Present and support credit analysis findings to peers, Management, and Risk partners.