FUNCTION: Underwrites and decisions business loans and line of credit renewals within assigned lending authority. Works proactively with loan officers in preparing written presentations for the Bank’s existing and prospective business lending relationships.
KEY ACCOUNTABILITIES:
- Assesses the borrower’s overall financial condition; details risks and mitigants; evaluates adequacy of repayment sources, including cash flow, leverage, collateral and guarantor strength.
- Assess compliance with regulatory guidelines and identifies exceptions to loan policy and recommends appropriate risk ratings.
- Approves loans within lending authority and makes recommendations to management for loans that have policy exceptions and exceeds lending limits.
- Seeks to find creative alternatives to meet client borrowing needs.
- Reviews collateral valuations and legal documentation for accuracy and compliance with Bank policies and applicable regulations.
- Asists management with overseeing the daily activity for the business underwriting area.
- May assist with other responsibilities such as, but not limited to, training and development of business underwriters; technology and process improvement initiatives as assigned
Customer Experience:
- Works to deliver superior client service to both internal and external customers
Compliance and Control:
- Assists in ensuring that the Bank complies with local, state and federal regulations
General:
- Interacts harmoniously and effectively with others, focusing upon the attainment of bank goals and objectives through a commitment to teamwork, especially between the underwriting and lending functions.
- Conforms to acceptable punctuality/attendance standards as expressed in the Employee Handbook.
- Performs additional duties as requested.
KNOWLEDGE/SKILL & EXPERIENCE REQUIREMENTS:
- High school diploma or equivalent.
- College degree in Business/Accounting or Related subject matter or Banking professional training preferred.
- Minimum 1-3 years of business or commercial credit experience preferred.
- Basic understanding of business financial statements and accounting.
- Strong analytical and organizational skills with an ability to interact effectively with all levels of staff and management
- Excellent customer service skills.
- Strong communications skills, verbal and written required.
- Strong PC skills
PHYSICAL DEMANDS, CONDITION REQUIREMENTS, & EQUIPMENT USED:
- General office environment.
- Moderate lifting (to 35 lbs) required. Moderate reaching, walking, sitting, speaking and standing required.
External and internal applicants, as well as position incumbents who become disabled, must be able to perform the essential functions (as listed) either unaided or with the assistance of a reasonable accommodation to be determined by management on an individual basis.
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