Underwriter Jobs

About The Position

Requirements

• B.S. degree in accounting or financial management, or five years of related experience, or a banking accreditation in loan review is required. An equivalent combination of education and experience is acceptable.
• Ten years of related experience, or a banking accreditation in loan review is required.
• Must have a basic knowledge of the bank's products and services.
• Must have a willingness to serve.
• Must be able to function efficiently in a network environment and have a working knowledge of Microsoft Office and SharePoint.
• Must have a working knowledge of EXCEL.
• Must be able to function efficiently on a general business level of math, possess general accounting knowledge (i.e. debits, credits, and an understanding of the bank's account reconciliations).
• Project a professional image by adhering to guidelines in the employee handbook.
• Must be able to collect, research, and analyze information skillfully.
• Must be a self-starter, a creative thinker, flexible, eager, nurturing, open to change and exhibit good judgment.
• Must be a leader by example, attentive to detail, work well with others and responsive to supervisory guidance.
• Must be able to identify and interpret trends in financial data.
• Must have a working knowledge of compliance guidelines for the bank and the industry.
• Must know how to read financial statements. This includes the balance sheet, profit & loss statement, and cash flow statement.
• Must know how to interpret key financial ratios (e.g. cash flow to debt service, debt-to-equity, etc.).
• Must be able to identify and interpret trends in financial data.
• This includes understanding the significant differences between Audited, Complied, and Reviewed financial statements.
• Must be able to read credit reports.
• Must understand the appropriate loan documentation as related to loan purpose type.
• Must understand loan convents and commitment letters.
• Must have knowledge of all lending regulations including the following: Regulation B: Equal Credit Opportunity Act Regulation C: Home Mortgage Disclosure Regulation Z: Truth in Lending

Responsibilities

• Reviews and assists the loan officers in underwriting applications.
• Assures compliance with loan policy and bank guidelines.
• Underwrites loans of greater complexity, included but not limited to commercial and governmental lending products/programs.
• Reviews procedures to maximize department resources, as well as identifying and making appropriate changes and improvements that can enhance the overall performance of the department.