Current jobs related to Underwriter (ABL/Factoring) - Auburn Hills - Oxford Bank

  • Senior Underwriting Counsel

    1 week ago

    Bloomfield Hills, Michigan, United States First American Financial Company Full time

    About UsAt First American, we believe in the power of our people. Our People First Culture celebrates diversity, equity, and inclusion, and we strive to be a great place to work for all. We're passionate about fostering an environment where everyone feels welcome, supported, and empowered to be innovative and reach their full potential.Job SummaryWe're...

  • Commercial Underwriter

    1 week ago

    Hickory Hills, Illinois, United States Old National Bank Full time

    Job SummaryOld National Bank is seeking a highly skilled Commercial Underwriter to join our team. As a Commercial Underwriter, you will be responsible for performing financial analysis and underwriting for Commercial Real Estate loan transactions. You will provide clear, concise, and accurate financial analysis and risk assessment for new and existing...

  • ABL Business Development Officer Senior

    2 weeks ago

    Beverly Hills, California, United States Flagstar Bank Full time

    Job SummaryThe Senior Asset-Based Lending Business Development Officer is responsible for sourcing and originating new asset-based clients, developing relationships with internal and external stakeholders, and driving business growth through strategic partnerships.Key ResponsibilitiesIdentify and pursue new ABL opportunities through external and internal...

  • ABL Business Development Officer Sr

    4 weeks ago

    Beverly Hills, California, United States Flagstar Bank Full time

    Job Title: Senior Business Development Officer - Asset Based LendingFlagstar Bank is seeking a highly skilled Senior Business Development Officer - Asset Based Lending to join our team. As a key member of our Asset Based Lending group, you will be responsible for sourcing and originating new asset-based clients, developing relationships with internal and...

  • Insurance Risk Evaluator

    6 days ago

    Auburn Hills, Michigan, United States Tokio Marine HCC Full time

    Tokio Marine HCC - Public Risk Group is a market leader in providing specialized insurance products for municipal entities. We cover counties, cities, townships, villages, police departments, prisons, fire departments, and more. Our team serves the growing insurance and risk management needs of medium and large governmental entities, offering property and...

  • Mortgage Processor- IN OFFICE

    7 days ago

    Auburn Hills, United States National Mortgage Staffing Full time

    National Mortgage Staffing is currently seeking an Experienced Mortgage Loan Processor to work in office. Interested candidates should have experience working as a Mortgage Processor, handling FHA, VA and Conventional Loans and Encompass Experience. REMOTE IS NOT AN OPTION Benefits of the Mortgage Processor Full time Salary Paid time off Benefits...

  • Business Finance Portfolio Manager

    6 days ago

    Auburn Hills, Michigan, United States Mitsubishi HC Capital America Inc Full time

    Job OverviewMitsubishi HC Capital America, Inc. is seeking a highly skilled Portfolio Manager to join our Business Finance Group. This individual will be responsible for the day-to-day management of a portfolio of Syndicated Lender Finance relationships.The ideal candidate will have a strong understanding of financial statements and their analysis, as well...

  • Loan Processor III

    1 week ago

    Auburn, United States Guild Mortgage Full time

    Guild Mortgage Company , closing loans and opening doors since 1960. As a mortgage banking firm we are dedicated to serving the home owner/buyer. Our goal is to provide affordable home financing for our customers, utilizing the best terms available while providing a level of professionalism and service unsurpassed in the lending industry. You can get...

  • Field Claims Specialist

    2 weeks ago

    Auburn Hills, Michigan, United States Auto-Owners Insurance Full time

    Job Title: Field Claims RepresentativeA career at Auto-Owners Insurance is challenging and rewarding. Our team of caring professionals creates financial security by helping individuals and businesses make a new start when a loss occurs.Job SummaryWe are seeking a motivated and experienced field claims professional to join our team. This role handles...

  • Loan Processor III

    1 week ago

    Auburn, United States Guild Mortgage Full time

    Guild Mortgage Company, closing loans and opening doors since 1960. As a mortgage banking firm we are dedicated to serving the home owner/buyer. Our goal is to provide affordable home financing for our customers, utilizing the best terms available while providing a level of professionalism and service unsurpassed in the lending industry. Position Summary...

  • Field Claims Representative

    3 weeks ago

    Auburn Hills, United States Auto-Owners Insurance Full time

    A career at Auto-Owners is challenging and rewarding. Our group of caring associates create financial security by helping individuals and businesses make a new start when a loss occurs.Job DescriptionAuto-Owners Insurance, a top-rated insurance carrier, is seeking a motivated and experienced field claims professional to join our team. This job handles...

  • Field Claims Representative

    3 weeks ago

    Auburn Hills, United States Auto-Owners Insurance Full time

    A career at Auto-Owners is challenging and rewarding. Our group of caring associates create financial security by helping individuals and businesses make a new start when a loss occurs.Job DescriptionAuto-Owners Insurance, a top-rated insurance carrier, is seeking a motivated and experienced field claims professional to join our team. This job handles...

  • Senior Logistics Coordinator

    3 days ago

    Auburn Hills, Michigan, United States DSV Air Sea Inc Full time

    Job SummaryThe DSV Air Sea Inc Senior Control Tower Specialist is responsible for coordinating and managing service requests from customers with the goal of meeting and exceeding customer expectations while obtaining key factor goals.Key ResponsibilitiesWorks closely with team members to meet or exceed all customer service requirements.Develops and maintains...

  • Retail Department Supervisor

    4 weeks ago

    Auburn Hills, Michigan, United States TJ Maxx Full time

    Job Title: Retail Department SupervisorAt TJ Maxx, we're always looking for talented individuals to join our team. As a Retail Department Supervisor, you'll play a key role in ensuring our stores run smoothly and efficiently.Key Responsibilities:Execute receiving and merchandising standards to ensure Associates are processing efficiently and...

  • Retail Department Supervisor

    1 month ago

    Auburn Hills, Michigan, United States TJ Maxx Full time

    Job Title: Retail Department SupervisorAt TJ Maxx, we're always on the lookout for talented individuals to join our team. As a Retail Department Supervisor, you'll play a key role in ensuring our stores run smoothly and efficiently.Key Responsibilities:Execute receiving and merchandising standards to ensure Associates are processing efficiently and...

  • Senior Control Tower Coordinator

    3 weeks ago

    Auburn Hills, Michigan, United States DSV Air Sea Inc Full time

    Job SummaryThe DSV Senior Control Tower Specialist is responsible for coordinating and managing service requests from customers to meet and exceed customer expectations while achieving key performance goals.Key ResponsibilitiesWork closely with team members to meet or exceed all customer service requirements.Develop and maintain positive customer...

  • Credit Officer I ENTsp

    2 weeks ago

    Beverly Hills, California, United States City National Bank Full time

    Job Title: Credit Officer I ENTspJob Summary:We are seeking a highly skilled Credit Officer I ENTsp to join our team at City National Bank. As a Credit Officer, you will be responsible for providing credit and loan underwriting expertise to the cash flow lending/leveraged finance group within the Entertainment line of business.Key Responsibilities:Reviews...

  • Payment Analyst PT

    4 weeks ago

    Auburn Hills, Michigan, United States Mitsubishi HC Capital America Inc Full time

    Job SummaryWe are seeking a highly skilled Payment Analyst PT to join our team at Mitsubishi HC Capital America Inc. The successful candidate will be responsible for accurately and efficiently processing payments, reconciling transactions, and providing excellent customer service.Key ResponsibilitiesProcess and reconcile incoming payments for ABL, factoring,...

  • Senior Control Tower Specialist

    3 weeks ago

    Auburn Hills, Michigan, United States DSV Air Sea Inc Full time

    Job SummaryWe are seeking a highly skilled Senior Control Tower Specialist to join our team at DSV Air Sea Inc. The successful candidate will be responsible for coordinating and managing service requests from customers, ensuring timely and efficient delivery of goods.Key ResponsibilitiesWork closely with team members to meet or exceed customer service...

  • Nurse II

    2 days ago

    Auburn Hills, Michigan, United States Sutter Health Full time

    Job SummaryWe are seeking a skilled Registered Nurse II to join our Medical Telemetry team at Sutter Health. As a key member of our healthcare team, you will be responsible for providing high-quality patient care, education, and support to patients and their families.Key ResponsibilitiesAssess, coordinate, and deliver nursing care to patients in an acute...

Underwriter (ABL/Factoring)

3 months ago

Auburn Hills, United States Oxford Bank Full time
Job DescriptionJob Description

Job Summary
Underwrite loans in a timely manner that will result in an acceptable level of credit risk and an appropriate risk return relationship. Underwriting will facilitate the booking of new loans, will ensure that customers understand OCF’s requirements and their responsibilities, will manage the entire underwriting process through closing and affect a smooth transition.

Primary Responsibilities
• Review proposals with salesperson before proposals are submitted to prospects.
• Responsible for underwriting ABL transactions and factoring facilities or facilities that may include an inventory or term loan component.
• Manage the underwriting process – prepare credit approval write up; recommend and set initial debtor limits; evaluate financial statements and other financial data; review legal contracts; review field exams, if applicable, and understand collateral and financial trends indicated therein; gain thorough understanding of the Prospect’s business and company’s asset conversion cycle.
• Meet management of the Prospect, prior to closing larger transactions.
• Manage due diligence and searches workflow and utilize Compliance Manager as needed.
• Manage onboarding of new clients to Operations.
• Due diligence includes a detailed analysis of the historical and projected financial performance of the Prospect to gauge the viability of the business over the term of the proposed credit facility.
• Collateral is reviewed for any potential exposure which should be considered ineligible or reserved from the facility.
• Upon receiving the appropriate internal approval, responsible for drafting and modifying Loan Documents based on the executed proposal and any additional conditions imposed during due diligence. Work with outside counsel to ensure that such terms and conditions are reflected in the drafted documents.
• Understand OCF’s credit policies and minimum underwriting standards.
• Present transactions to Senior Management or Board Loan Committee for approval.
• Assist, train and mentor Underwriting Analysts.
• Perform other ad-hoc duties as required, including underwriting other OCF products.

Qualifications and Skills
These specifications are general guidelines based on the minimum experience normally considered essential to the satisfactory performance of this position. The requirements listed below are representative of the knowledge, skill and/or ability required to perform the position in a satisfactory manner.
• Experience in analyzing or underwriting factoring and asset-based lending transactions;
• Knowledge of commercial lending with a focus on cash flow and other related technical analysis.
• Organized and attention to detail required to underwrite and understand a diverse group of loan transactions.
• Broad industry knowledge including industry niches such as staffing, manufacturing, service, government and wholesale.
• Good written and verbal communication skills, with the further ability to effectively negotiate documents.

Education and Experience
• Bachelor’s degree is preferred with a concentration in accounting or finance;
• 3-5 years’ experience in banking, risk management, secured lending, or commercial lending, with demonstrated strong credit management and financial statement analysis skills;
• Minimum 2-3 years of secured lending experience, with demonstrated track record of accomplishing objectives and exceeding goals;
• Field exam or equivalent experience required
• Thorough knowledge of secured lending with skill set to underwrite large or small transitions for both factoring as well as Asset Based deals.


*This position will comply with all BSA compliance laws and regulations including the Bank’s BSA policy and procedures.

Additional Information
Department: Credit • Reports to: Underwriting Manager • Travel: Limited
Classification: Exempt • Employment Type: Full-time • Supervises: None

“Oxford Bank is an equal opportunity employer and is committed to providing equal employment opportunities and an environment free of discrimination and harassment. All employment decisions at Oxford Bank are made without regard to age, race, color, religion, gender, sexual orientation, gender identity, national origin, veteran or disability status.”