Business Banking Credit Underwriter
Found in: beBee S US - 2 weeks ago
The Business Banking Underwriter, I is accountable for underwriting and monitoring a portfolio of business banking level commercial and industrial (C&I) loans ranging in size from $1,000,000 to $5,000,000. The portfolio may also include Owner Occupied and/or small investor Commercial Real Estate loans. Will partner with Relationship Managers to propose and negotiate lending solutions on new opportunities and underwrite credit risk. Responsible for determining the credit worthiness of borrowers and/or sponsors and recommending credit decisions. Monitors portfolio credit relationships for covenant compliance, collateral monitoring, and credit deterioration, as applicable.
Essential Responsibilities:
Job Function 1: Propose Lending Solutions and Underwrite Credit Risk - 60%
Supports the loan decision-making process by providing quality, in-depth credit analysis for business banking level commercial and industrial (C&I) as well as owner occupied and/or small commercial real estate loans.Develops solid understanding of customer financial needs and project feasibility. Works collaboratively with RM and/or Credit Officer to develop a plan of action for loan structure, monitoring, and servicing of loan relationship.Performs financial analysis including forecasting and sensitivity analysis to assist in determining borrower capacity to repay debt.Writes competent credit narratives and performs risk assessments of products, policy, structure, terms, and customer/sponsor financial strength with moderate guidance/feedback.Independently grades all credits in accordance with Bank's credit classification system.Satisfactory financial and accounting background. Familiar with applicable regulatory requirements.Participate in the approval process and support Relationship Managers in addressing questions on submitted requests.
Job Function 2: Portfolio Monitoring and Management - 35%
Work with Relationship Managers and Commercial Banking Associates to obtain relationship monitoring information necessary to perform trend analysis, annual reviews, and/or monitor covenant compliance.Complete quarterly/annual reviews and renewals within required timeframes.Responsible for ongoing proactive identification and monitoring of risk ratings for borrowers.Develop and retain necessary industry knowledge.Ensures compliance with all applicable regulations, policies, and procedures. Completes required bank training courses on time.May make joint customer calls with RM to assess client needs, business, and management team.
Job Function 3: Alerus/Department Support and Teamwork - 5%
Participate in team meetings by asking questions, sharing knowledge, providing insight, contributions, and feedback.Be a resource for other Alerus team members.Participate in sales, pipeline, and production meetings as requested.Serve on specific project teams and perform other duties as assigned.
Position Requirements:
Qualifications:
Bachelor's degree or equivalent education, including upper-level courses in finance and accounting.Minimum of one to three years of experience in a previous commercial underwriter position.Minimum of two years of experience working with business banking commercial and industrial and small commercial real estate loans.In-depth knowledge of straightforward to medium complexity loan documentation, banking laws, and regulations preferred, but not required.
Personal Characteristics:
Satisfactory problem-solving ability.Developing professional customer service skills.Developing strong written and oral communication skills.Basic negotiation and strong interpersonal relationship skills.Self-starter with established ability to work effectively with minimal-moderate day-to-day supervision.Self-assured.Developing to solid analytical skills.Team player.
Physical Demands - Must be met with or without a reasonable accommodation:
Spend extended periods of time sitting at a desk and using office equipment.Extended time is spent reviewing documents, both actual paper or electronic records.Ability to operate a personal computer/laptop for approximately eight hours per day.The employee is occasionally required to stand, walk, reach with arms and hands, climb or balance, and to stoop, kneel, crouch or crawl. Vision abilities required by this job include close vision.Periodically, may also do light lifting of supplies and materials which weigh approximately 20 lbs.Will spend most of time in an indoor environment.
Alerus Financial is an Equal Opportunity Employer of women, minorities, protected veterans and individuals with disabilities.
-
Business Banking Credit Underwriter
Found in: beBee jobs US - 1 week ago
Minnetonka, Minnesota, United States Alerus Financial Full timePosition Summary:The Business Banking Underwriter, I is accountable for underwriting and monitoring a portfolio of business banking level commercial and industrial (C&I) loans ranging in size from $1,000,000 to $5,000,000. The portfolio may also include Owner Occupied and/or small investor Commercial Real Estate loans. Will partner with Relationship Managers...
-
Business Banking Credit Underwriter
1 week ago
Minnetonka, United States CareerBuilder Full timePosition Summary: The Business Banking Underwriter, I is accountable for underwriting and monitoring a portfolio of business banking level commercial and industrial (C&I) loans ranging in size from $1,000,000 to $5,000,000. The portfolio may also include Owner Occupied and/or small investor Commercial Real Estate loans. Will partner with Relationship...
-
Business Banking Credit Underwriter
Found in: beBee jobs US - 2 weeks ago
Minnetonka, Minnesota, United States Alerus Financial Full timePosition Summary:The Business Banking Underwriter, I is accountable for underwriting and monitoring a portfolio of business banking level commercial and industrial (C&I) loans ranging in size from $1,000,000 to $5,000,000. The portfolio may also include Owner Occupied and/or small investor Commercial Real Estate loans. Will partner with Relationship Managers...
-
Business Banking Credit Underwriter
Found in: beBee S US - 2 weeks ago
Minnetonka, United States Alerus Financial Full timeDescription Position Summary:The Business Banking Underwriter, I is accountable for underwriting and monitoring a portfolio of business banking level commercial and industrial (C&I) loans ranging in size from $1,000,000 to $5,000,000. The portfolio may also include Owner Occupied and/or small investor Commercial Real Estate loans. Will partner with...
-
Corporate Banking Intern
Found in: beBee S US - 2 weeks ago
Minnetonka, United States Alerus Financial Full timeThe Corporate Banking Internship offers a hands-on learning experience with rotations in Commercial & Private Banking, Credit and Wealth Management. Under the guidance of experienced professionals, you will learn the fundamental disciplines of the banking industry.The summer internship will begin approximately June 3, 2024 and lasts for 10-12 weeks...
-
Corporate Banking Intern
Found in: beBee jobs US - 2 weeks ago
Minnetonka, Minnesota, United States Alerus Financial Full timeThe Corporate Banking Internship offers a hands-on learning experience with rotations in Commercial & Private Banking, Credit and Wealth Management. Under the guidance of experienced professionals, you will learn the fundamental disciplines of the banking industry.The summer internship will begin approximately June 3, 2024 and lasts for 10-12 weeks (flexible...
-
Corporate Banking Intern
Found in: beBee jobs US - 2 weeks ago
Minnetonka, Minnesota, United States Alerus Financial Full timeThe Corporate Banking Internship offers a hands-on learning experience with rotations in Commercial & Private Banking, Credit and Wealth Management. Under the guidance of experienced professionals, you will learn the fundamental disciplines of the banking industry.The summer internship will begin approximately June 3, 2024 and lasts for 10-12 weeks (flexible...
-
Corporate Banking Intern
Found in: beBee S US - 2 weeks ago
Minnetonka, United States Alerus Financial Full timeDescription The Corporate Banking Internship offers a hands-on learning experience with rotations in Commercial & Private Banking, Credit and Wealth Management. Under the guidance of experienced professionals, you will learn the fundamental disciplines of the banking industry. The summer internship will begin approximately June 3, 2024 and lasts for 10-12...
-
Credit Risk Analyst
Found in: beBee S US - 2 weeks ago
Minnetonka, United States Alerus Financial Full timePosition Summary:The Credit Risk Analyst conducts credit data gathering and analysis and provides reporting and analytical support to lending and credit management. This involves mining and interpreting data and developing and implementing reporting systems and dashboards used in measuring and managing loan portfolios. This position is responsible for...
-
Credit Risk Analyst
Found in: beBee jobs US - 1 week ago
Minnetonka, Minnesota, United States Alerus Financial Full timePosition Summary:The Credit Risk Analyst conducts credit data gathering and analysis and provides reporting and analytical support to lending and credit management. This involves mining and interpreting data and developing and implementing reporting systems and dashboards used in measuring and managing loan portfolios. This position is responsible for...
-
Special Credit Services Manager
1 week ago
Minnetonka, United States CareerBuilder Full timePosition Summary: This position is responsible for managing the Banks Special Assets function and potential loan losses by overseeing the workout and liquidation of problem loans, including the identification and reporting of delinquent loans, impaired loans and/or debt modifications. Essential Responsibilities: Job Function 1: Manage a loan portfolio to...
-
Special Credit Services Manager
Found in: Talent US C2 - 1 week ago
Minnetonka, United States Alerus Full timePosition Summary: This position is responsible for managing the Bank’s Special Assets function and potential loan losses by overseeing the workout and liquidation of problem loans, including the identification and reporting of delinquent loans, impaired loans and/or debt modifications. Essential Responsibilities: Job Function 1: Manage a loan...
-
Credit Risk Analyst
Found in: beBee jobs US - 2 weeks ago
Minnetonka, Minnesota, United States Alerus Financial Full timePosition Summary:The Credit Risk Analyst conducts credit data gathering and analysis and provides reporting and analytical support to lending and credit management. This involves mining and interpreting data and developing and implementing reporting systems and dashboards used in measuring and managing loan portfolios. This position is responsible for...
-
Special Credit Services Manager
Found in: beBee S US - 2 weeks ago
Minnetonka, United States Alerus Financial Full timeDescription Position Summary:This position is responsible for managing the Bank's Special Assets function and potential loan losses by overseeing the workout and liquidation of problem loans, including the identification and reporting of delinquent loans, impaired loans and/or debt modifications. Essential Responsibilities:Job Function 1: Manage a loan...
-
Special Credit Services Manager
Found in: beBee jobs US - 2 weeks ago
Minnetonka, Minnesota, United States Alerus Financial Full timePosition Summary:This position is responsible for managing the Bank's Special Assets function and potential loan losses by overseeing the workout and liquidation of problem loans, including the identification and reporting of delinquent loans, impaired loans and/or debt modifications.Essential Responsibilities:Job Function 1: Manage a loan portfolio to...
-
Consumer Banking Market Leader
2 weeks ago
Minnetonka, United States Disability Solutions Full timeJob Description:At Bank of America, we are guided by a common purpose to help make financial lives better through the power of every connection. Responsible Growth is how we run our company and how we deliver for our clients, teammates, communities and shareholders every day.One of the keys to driving Responsible Growth is being a great place to work for our...
-
Treasury Manager
Found in: beBee jobs US - 2 weeks ago
Minnetonka, Minnesota, United States Alerus Financial Full timePosition Summary:This position is an integral part of the Treasury team reporting to the Treasurer. This position plays a key role in analyzing and producing value add reporting to management related to the Bank's capital, liquidity, and interest rate risk positioning.Essential Responsibilities:Job Function 1: Asset Liability Management - 30%Collaborate with...
-
Associate Financial Director
18 hours ago
Minnetonka, United States UnitedHealth Group Full timeMonthly close reporting - engage with business partners to accurately identify and summarize key metrics during/after monthly close Functional SME engaging in integration activities Establish and manage process for Forecasting/ Budget, including fina Director, Financial, Associate, Health, Business Partner, Banking, Healthcare
-
Treasury Manager
Found in: beBee S US - 2 weeks ago
Minnetonka, United States Alerus Financial Full timeDescription Position Summary:This position is an integral part of the Treasury team reporting to the Treasurer. This position plays a key role in analyzing and producing value add reporting to management related to the Bank's capital, liquidity, and interest rate risk positioning. Essential Responsibilities:Job Function 1: Asset Liability Management -...
-
Actuarial Support Specialist
Found in: beBee S US - 4 days ago
Minnetonka, United States Tokio Marine HCC Full timeDescription Position at Tokio Marine HCC Tokio Marine HCC - Public Risk Group, a member of the Tokio Marine group of companies, is a market leader in providing specialized insurance products for municipal entities. We cover counties, cities, townships, villages, police department, prisons, fire departments and more. We serve the growing insurance and risk...
