VP & Underwriting Team Manager

1 week ago

Elmwood Park, United States Spencer Savings Bank Full time
Job DescriptionJob Description

BASIC FUNCTION

Vice President / Underwriting Team Manager position is responsible for evaluating, structuring, underwriting, loan transactions originated from the C&I Department both new transactions and modifications. The Underwriting Team Manager must have broad credit and analytical experience in C&I and commercial real estate lending and shall possess the leadership skills to recruit, develop and manage an underwriting team within C&I. The individual is also required to interact with internal Loan Review and Audit Departments as well as external auditors (Bank accountants and regulators).

MAJOR RESPONSIBILITIES

Underwriting:

➢ Responsible for reviewing and analyzing C&I and commercial real estate loan requests/submissions, financial statements, property/business soundness and viability, industry trends, competition, management capability and financial leverage.

➢ Responsible for reviewing each underwriter’s, and/or performing, in-depth due diligence on prospective clients (Borrowers/Principle/Guarantors) and their financial statements including cash flow modeling and projections.

➢ Interact with Relationship Managers to establish appropriate loan structure which is consistent with prescribed credit policies, underwriting guidelines and general best practices giving consideration to risk elements inherent in loan purpose, ownership structure, industry, and management depth and experience.

➢ Responsible for preparing Credit Memoranda for approval by Department Head, Chief Lending Officer and/or Credit Committee.

➢ Interact with customers, Relationship Managers, underwriting staff and administrative staff to obtain timely and complete financial information.

➢ Assist in recommending, updating and writing of Departmental Credit Policies and Procedures as well as underwriting procedures.

➢ Negotiate and recommend for approval loan modifications.

➢ Responsible for managing the Underwriting staff and work-flow.

Department Support:

➢ Interact with Loan Review and Internal Audit relating to asset reviews.

➢ Interact with external Bank Accountants and Regulators during their review.

➢ Prepare draft responses to Loan Review and Internal Audit reports for Department Director and SLO review and sign off.

➢ Assist the Department Director in overseeing the activities of the C&I department including C&I policies, procedures and other management reporting requirements.

JOB REQUIREMENTS

Experience:

➢ Minimum 5 years’ experience as a Senior Underwriter with demonstrated ability to independently analyze, structure, negotiate and close commercial real estate loan transactions.

➢ Experience with bank credit policies and procedures, C&I credit analysis, commercial real estate valuation, loan analysis and guarantor/sponsor financial analysis.

➢ Previous leadership role in a senior underwriting capacity with demonstrated ability to manage and direct subordinates.

➢ Excellent organizational, presentation and interpersonal communication skills and the ability to multi-task.

➢ Ability to work independently under stringent time constraints.

➢ Proficient in Word, Excel, Office and other spreadsheet software applications.

Education:

➢ College Degree in Business, Finance, or Accounting; or equivalent related business experience.

➢ Bank Credit Training Program preferred.

  • VP, Underwriting Manager

    2 months ago

    Oak Park, United States Chubb Full time

    VP, Regional Underwriting Manager – Chubb Global Casualty Develops and executes the Global Domestic Casualty growth and business unit strategies for the assigned territory of the Pacific South Region.  As the Underwriting Manager, this position will work with various support centers of Chubb Casualty to coordinate their efforts toward achieving profitable...

  • VP, Underwriting Manager

    3 weeks ago

    Oak Park, United States Chubb Full time

    VP, Regional Underwriting Manager Chubb Global Casualty Develops and executes the Global Domestic Casualty growth and business unit strategies for the assigned territory of the Pacific South Region. As the Underwriting Manager, this position will work with various support centers of Chubb Casualty to coordinate their efforts toward achieving profitable...

  • VP, C&I Relationship Manager

    2 weeks ago

    Elmwood Park, United States Spencer Savings Bank Full time

    Job DescriptionJob Description JOB DESCRIPTIONJob TitleVP & C&I RELATIONSHIP MANAGERDepartment Commercial & Industrial LendingReports to (Title) VP & DIRECTOR, C&I LENDINGJob Code E-18BASIC FUNCTIONResponsible for generating C&I business by focusing on developing new business relationships and a strong referral network – specifically with accountants,...

  • Vice President Portfolio Manager C&I and CRE Team Lead

    3 weeks ago

    Elmwood Park, United States FinTrust Connect Full time

    For more Job Opportunities follow FINTRUST CONNECT here: FinTrust Connect: Jobs | LinkedInVP Portfolio Manager Team Lead C&I and CRE – Elmwood Park, NJFinTrust Connect is excited to announce that we have partnered with a well-established community bank in search of an experienced VP Portfolio Manager Team Lead for C&I and CRE in Elmwood Park, NJ. This...

  • Vice President Portfolio Manager C&I and CRE Team Lead

    3 weeks ago

    Elmwood Park, United States FinTrust Connect Full time

    For more Job Opportunities follow FINTRUST CONNECT here: FinTrust Connect: Jobs | LinkedInVP Portfolio Manager Team Lead C&I and CRE – Elmwood Park, NJFinTrust Connect is excited to announce that we have partnered with a well-established community bank in search of an experienced VP Portfolio Manager Team Lead for C&I and CRE in Elmwood Park, NJ. This...

  • VP & Market Manager

    3 weeks ago

    Elmwood Park, United States Spencer Savings Bank Full time

    Job DescriptionJob DescriptionBASIC FUNCTIONThe Market Manager is responsible for the successful business development of their market which includes business planning and budgeting and attaining commercial deposit, loan and revenue goals. They are also responsible for development of a business referral network (Centers of influence (COl's)which will...

  • Underwriting Manager

    2 weeks ago

    Avon Park, Florida, United States The Ladders Full time

    Responsibilities *This position is open to multiple U.S. locations. Preferably near a U.S. HW Kaufman office location.* We are seeking a dynamic and experienced Commercial Property Underwriting Manager specializing in Excess & Surplus Lines (E&S) business to join our team. In this role, you will be responsible for underwriting Excess & Surplus (E&S)...

  • Small Business Relationship Manager VP

    1 month ago

    Elmwood Park, United States Spencer Savings Bank Full time

    BASIC FUNCTION Responsible for generating and focusing on developing new business relationships and a strong referral network specifically with accountants, public agencies, attorneys, and Chambers of Commerce. MAJOR RESPONSIBILITIES Cultivates referrals from branch network for business-related products and services. Provide leadership by actively supporting...

  • Small Business Relationship Manager VP

    1 month ago

    Elmwood Park, United States Spencer Savings Bank Full time

    Job DescriptionJob DescriptionBASIC FUNCTIONResponsible for generating and focusing on developing new business relationships and a strong referral network specifically with accountants, public agencies, attorneys, and Chambers of Commerce. MAJOR RESPONSIBILITIESCultivates referrals from branch network for business-related products and services. Provide...

  • VP Assistant Director Senior Portfolio Manager

    1 month ago

    Elmwood Park, United States Spencer Savings Bank Full time

    Job DescriptionJob DescriptionBASIC FUNCTIONManagerial responsibility and oversight of the CRE and C&I loans, as well as loans that are risk rated special mention or worse, delinquent more than 15 days past due and /or loans requiring special attention as directed by the Director of Portfolio Management. The Sr. Portfolio Manager will be responsible for...

  • Mortgage Underwriting Manager

    2 weeks ago

    Menlo Park, California, United States Beondeck Full time

    About PylonPylon is the mortgage-as-a-service platform that enables enterprises to build and offer mortgage credit products on top of our APIs. We are on a mission to unlock access to America's largest asset class.We're backed by leading investors including Conversion Capital, Peter Thiel, QED, Fifth Wall, and the founders of Blend, Wealthfront, Ramp, and...

  • Mortgage Underwriting Manager

    3 weeks ago

    Menlo Park, United States The Ladders Full time

    About Pylon Pylon is the mortgage-as-a-service platform that enables enterprises to build and offer mortgage credit products on top of our APIs. We are on a mission to unlock access to America's largest asset class. We're backed by leading investors including Conversion Capital, Peter Thiel, QED, Fifth Wall, and the founders of Blend, Wealthfront, Ramp, and...

  • Underwriter

    4 weeks ago

    Villa Park, United States Fay Financial Full time

    Founded in early 2008, Fay Servicing is committed to providing innovative servicing solutions for both performing and non-performing mortgage loans. As a specialty mortgage servicer and originatorthat sees the customer behind every loan, we understand that our customers aren't loan numbers - they're homeowners. Before founding our company, we conducted an...

  • Underwriter

    2 weeks ago

    Villa Park, Illinois, United States Invigorate Finance Full time

    Founded in early 2008, Fay Servicing is committed to providing innovative servicing solutions for both performing and non-performing mortgage loans. As a specialty mortgage servicer and originator that sees the customer behind every loan, we understand that our customers aren't loan numbers - they're homeowners. Before founding our company, we conducted an...

  • Vice President Business Development Officer

    3 weeks ago

    Elmwood Park, United States FinTrust Connect Full time

    For more Job Opportunities follow FINTRUST CONNECT here: FinTrust Connect: Jobs | LinkedInVP Retail Business Development Officer -Elmwood Park, NJFinTrust Connect is excited to announce that we have partnered with a well-established community bank in search of a VP Retail BDO in Elmwood Park, NJ. The ideal candidate will be responsible for the cultivation...

  • Vice President Business Development Officer

    3 weeks ago

    Elmwood Park, United States FinTrust Connect Full time

    For more Job Opportunities follow FINTRUST CONNECT here: FinTrust Connect: Jobs | LinkedInVP Retail Business Development Officer -Elmwood Park, NJFinTrust Connect is excited to announce that we have partnered with a well-established community bank in search of a VP Retail BDO in Elmwood Park, NJ. The ideal candidate will be responsible for the cultivation...

  • Renewal Underwriter

    3 weeks ago

    Oak Park, Michigan, United States American Recruiting & Consulting Group Full time

    RENEWAL UNDERWRITERARC Group seeks a Renewal Underwriter who will report to the Director of Underwriting and will be responsible for commercial insurance renewal business. This is a full-time position with our direct client in Ft. Lauderdale, FL.This is a fantastic opportunity for a Rewew Underwriter with commercial insurance experience to get onboard an...

  • VP of Compliance

    4 weeks ago

    Pinellas Park, United States West Point Underwriters Full time

    Job DescriptionJob DescriptionDescription:T.J. Jerger MGA, LLC. is growing and we are in search of an experienced VP of Compliance to join our team!The VP of Compliance helps the organizations manage risks and avoid lawsuits by ensuring business operations are performed in compliance with state and federal laws.Who are we?Started in 2006, TJ Jerger is the...

  • VP of Compliance

    1 month ago

    Pinellas Park, United States West Point Underwriters Full time

    Job DescriptionJob DescriptionDescription:T.J. Jerger MGA, LLC. is growing and we are in search of an experienced VP of Compliance to join our team!The VP of Compliance helps the organizations manage risks and avoid lawsuits by ensuring business operations are performed in compliance with state and federal laws.Who are we?Started in 2006, TJ Jerger is the...

  • Vp, Banker

    3 weeks ago

    Menlo Park, United States Banc of California Full time

    Overview: Banc of California, Inc. (NYSE: BANC) is a bank holding company headquartered in Los Angeles with one wholly-owned banking subsidiary, Banc of California (the “bank”). Banc of California is one of the nation’s premier relationship-based business banks focused on providing banking and treasury management services to small-, middle-market, and...