Senior Underwriter

4 weeks ago


Seattle, United States Selby Jennings Full time

Company Description: A leading private credit firm dedicated to providing innovative financial solutions to businesses across various industries. With a focus on creativity, integrity, and excellence, they empower businesses to thrive by offering tailored financing options and strategic guidance.


Senior Underwriter Position Overview: Seeking a talented and experienced Senior Underwriter to join the team in Seattle, WA. As a Senior Underwriter, you will play a pivotal role in evaluating and underwriting credit applications, assessing risks, and ensuring the quality of the loan portfolio. This position offers an exciting opportunity to work in a collaborative environment, interact with diverse clients, and contribute to the growth and success of the firm.


Senior Underwriter Key Responsibilities:

  • Evaluate creditworthiness of prospective borrowers by analyzing financial statements, credit reports, and other relevant documentation.
  • Conduct comprehensive risk assessments and recommend appropriate loan structures and terms.
  • Collaborate with internal teams to develop and implement underwriting policies and procedures.
  • Review and assess collateral to mitigate risk and ensure compliance with regulatory requirements.
  • Communicate effectively with clients, brokers, and other stakeholders to gather necessary information and address inquiries.
  • Monitor portfolio performance and identify potential areas of concern, proactively recommending strategies to mitigate risks.
  • Stay informed about market trends, industry developments, and regulatory changes affecting the credit landscape.


Senior Underwriter Qualifications:

  • Bachelor's degree in finance, accounting, economics, or related field; advanced degree or professional certification (e.g., MBA, CFA, CPA) preferred.
  • Minimum of 5 years of experience in underwriting and credit analysis within the financial services industry, preferably in private credit or commercial lending.
  • Strong understanding of financial statements, cash flow analysis, and credit risk assessment methodologies.
  • Proficiency in evaluating complex credit structures and conducting due diligence on prospective borrowers.
  • Excellent communication and interpersonal skills, with the ability to build rapport and collaborate effectively with internal and external stakeholders.
  • Detail-oriented mindset with a commitment to accuracy and quality in underwriting processes.
  • Sound judgment and decision-making skills, with the ability to balance risk and reward effectively.
  • Familiarity with regulatory requirements and compliance standards governing the lending industry.
  • Proficiency in Microsoft Office Suite and other relevant software applications.


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