Underwriter II

Commercial Real Estate Underwriter IIAs the Commercial Real Estate Underwriter II, you will be responsible for assisting REG relationship managers in the assessment and underwriting of new REG Managed Investment CRE loans (non owner-occupied CRE loans $1,000,000 or greater) in accordance with established underwriting policies, practices, and standards. You will partner with REG relationship managers to perform credit underwriting duties for existing/prospective client relationships, which may include but are not limited to the following:Perform detailed credit analysis to determine borrower/guarantor repayment capacityProvide appropriate loan structuring recommendationsComplete all of or portions of the credit packages (as agreed with the relationship manager) for submission to credit committee for approval (new business and renewals)Prepare underwriting documents that include collateral analysis on multiple asset classes and preparation of pricing and risk rating models suitable for each credit requestPresent loan submissions to the UMB senior loan committee on behalf of relationship managers and answer questions relative to the review and approval of the loan (as requested)Review appraisals upon receipt to confirm appraisal assumptions are in line with underwriting assumptions and satisfy any approval conditionsProvide recurring customer service to existing and prospective clients, which includes direct contact with customers either through participation in joint sales calls with relationship managers or direct correspondence with clients and perform various projects/tasks as needed with an emphasis on maintaining UMB TUCE at all timesFile all required forms and reports, and resolve all related issues in a timely and efficient mannerWork with team members in loan operations, credit analysis, regional commercial banking, business banking, special asset management group, loan review, public finance, capital markets, and international banking to coordinate commercial loan decisions, the closing process, plus ongoing commercial loan administrationParticipate in various REG underwriting related projects, as availableMentor less experienced REG underwriters and/or portfolio managersOther duties as assignedWe're excited to talk with you if:You possess a bachelor's degree in Business, Accounting, Finance, or related fieldYou have 5+ years commercial banking experience (including 3+ years of specific commercial real estate experience) to include credit underwritingYou hold a current valid driver's licenseYou show knowledge & understanding in how to identify and process maturing loans, line renewals, term loans that need to be extended, how loans can be restructured, approval process, change terms, new underwriting, etc.You show understanding of credit underwriting of all major investment CRE property typesYou demonstrate knowledge of bank products, services, and bank operationsYou are able to interpret policies/procedures, loan contracts, and understanding of credit reports, financial statements, and loan documentsYou possess analytical skills, including underwriting of CRE properties and markets; and guarantor financial statements, including real estate schedulesYou are a self-starter, show initiative, and transfer knowledge to less experienced peersYou have worked in Word, Excel, and PowerPointYou have experience working with commercial lending softwareBonus points if:You have 7+ years commercial banking experience (including 7+ years of specific commercial real estate experience) including credit underwritingYou have prospected and networked at various levels within a company and industryCompensation Range: $69,230.00 - $149,000.00UMB offers competitive and varied benefits to eligible associates, such as Paid Time Off; a 401(k) matching program; annual incentive pay; paid holidays; a comprehensive company sponsored benefit plan including medical, dental, vision, and other insurance coverage; health savings, flexible spending, and dependent care accounts; adoption assistance; an employee assistance program; fitness reimbursement; tuition reimbursement; an associate wellbeing program; an associate emergency fund; and various associate banking benefits. Benefit offerings and eligibility requirements vary.UMB and its affiliates are committed to inclusion and diversity and provide employment opportunities to all employees and applicants for employment without regard to race, color, religion, sex (including gender, pregnancy, sexual orientation, and gender identity), national origin, age, disability, military service, veteran status, genetic information, or any other status protected by applicable federal, state, or local law. If you need accommodation for any part of the employment process because of a disability, please send an e-mail to talentacquisition@umb.com to let us know the nature of your request.