Underwriting Manager - Commercial Credit C&I

Amerant Bank•Miramar, FL

About The Position

The Underwriting Manager leads and supervises a team of underwriters supporting business segments with the monitoring, maintenance, and origination of new and existing loans in accordance with credit programs and policy. In close coordination with those segments, the manager provides sound, independent, and objective assessments and recommendations on risks associated with small business, midsize, large, and complex Commercial and Industrial (C&I) and Corporate Enterprises transactions. The position oversees credit risk management and the maintenance of credit quality for its assigned portfolio. This includes monitoring relationship trends, clearing exceptions, assessing and evaluating credit risk and other key factors, and recommending credit solutions appropriate to each relationship’s risk profile. The manager also coordinates with other bank units, supports credit analysis and underwriting, manages portfolio reviews and reporting, and recruits, trains, coaches, and mentors underwriting staff.

Requirements

Bachelor’s degree in business, accounting, or finance, or 5+ years of credit underwriting or credit analysis experience in lieu of education.
10+ years of professional experience in credit underwriting, credit analysis, or portfolio management.
5+ years of supervisory experience in a banking or other financial institution.
Knowledge of banking products and documentation.
Thorough understanding of the Bank’s credit procedures, programs, and policy, as well as accounting and credit principles.
Proficiency in Microsoft Suite.
Strong time-management, organizational, communication, and systematic work skills.

Nice To Haves

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

Responsibilities

Supervise team members preparing credit memos, ensure adherence to the Bank’s credit programs and policy, and report deviations to the supervisor.
Coordinate with Credit Administration, Loan Operations, Portfolio Management, Credit Risk, and other bank units to streamline processes and maintain accurate reports and portfolio credit quality.
Oversee and conduct analysis and underwriting as needed; support new business activities by screening underwriter-prepared data and ensuring required documentation and compliance with underwriting policy.
Assist with preparation of documentation, memos, and presentations as needed.
Manage underwriters’ annual reviews of existing credit relationships; identify risk-rating changes, errors, and inconsistencies, and recommend appropriate rating modifications.
Calculate and verify covenant testing requirements and monitor loan policy exceptions as needed.
Support accurate review and evaluation of the financial condition and operating performance of C&I, CRE, and Private Banking or Private Client borrowers for new and existing exposures, increases, and term or condition modifications.
Support large and complex financial analyses, including accurate financial figures and credit risk assessments; identify loan policy exceptions and industry- or loan-structure-specific risks and 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, procedures, or ethical standards, and recommend actions to the supervisor.
Assist with reviewing and measuring borrower compliance with legal covenants, tracking compliance, and collaborating with relevant bank units.
Recruit, screen, hire, and onboard new team members.
Supervise, coach, train, and mentor the underwriting team.
Support the development, enhancement, and promotion of new and existing loan products.
Oversee new-underwriter training, ensuring trainees adopt department procedures and master analysis formats and credit criteria.
Complete or review and provide feedback on financial statement spreads, comprehensive analyses, and credit approval packages in accordance with Bank credit programs and policy.
Conduct analytics and produce timely data and reporting for the assigned division.
Use software systems for loan originations, modifications, annual reviews, and presentations to senior management.
Administer and monitor maturities, delinquencies, and criticized-asset reports; help identify portfolio red flags or problems and report issues and irregularities to the supervisor.
Partner with Relationship Managers, including participating in client calls and site visits and facilitating appropriate deal structuring.
Provide assistance in other department areas as required, including coverage during vacation or absences.
Ensure preventive measures comply with current rules, regulations, and internal policies relating to BSA, the USA Patriot Act, OFAC, and other AML-related issues.
Assist management with ongoing projects.