Commercial Underwriting Specialist
3 days ago
We are seeking a skilled Commercial Underwriting Specialist to join our team at InBank. This role is responsible for underwriting commercial loans, collecting and analyzing financial information, and making credit decisions that maximize efficiency, accuracy, and quality.
Responsibilities:- Manage the loan underwriting process to ensure credit quality and accuracy of output, including collaborating with the Credit Analyst team.
- Underwrite moderately complex loan transactions for new and existing clients with complicated borrowing structures, utilizing sound credit underwriting skills to recommend credit decisions and minimize risk.
- Assist Bankers and Credit Administration with Pre-Flight/Loan Committee presentations, providing expert analysis and recommendations.
- Participate in calls with existing and potential Customers to better understand client needs, driving growth and expansion of the Bank's Book of Business.
- Monitor the Commercial Loan Portfolio, compiling metrics for regulatory reporting, internal risk assessment, and executive decision-making.
- Maintain current knowledge of bank financial and security regulations, adhering to all procedures and guidelines.
- Demonstrate InBank's Core Values: Commitment, Innovation, Responsibility, Teamwork, Happiness, and Authenticity.
- Bachelor's degree or equivalent work experience.
- 3+ years of experience in credit analysis, underwriting, and/or lending activities; 4-6 years of relevant experience with requisite competencies.
- Advanced skills with Microsoft Office Suite, Credit Analysis Software, and ability to effectively manage multiple responsibilities and priorities.
- Excellent technical report writing skills, verbal communication, and interpersonal skills, with ability to think critically and provide appropriate solutions.
- Targeted hiring range based on experience: $70,000 - $85,000 Annual.
- Annual bonus based on Company Bonus Plan/Individual Performance and is at the Company Discretion.
- Comprehensive benefits package, including Medical, Dental, Vision insurance, Disability insurance, Employee assistance program, Flexible spending account, Health savings account, Life insurance, Paid Time Off, and 401(k) plan with company match.
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