Commercial Underwriting Professional

3 days ago


Lakewood, New Jersey, United States First Commerce Bank Full time
Job Title: Commercial Underwriting ProfessionalAbout First Commerce Bank

We are a leading financial institution that provides innovative products and services to our customers. Our team is dedicated to delivering exceptional customer service in a professional and trustworthy environment.

We strive to be responsive to the financial needs of our customers and maintain personal communications with them beginning with our Board of Directors.

Salary: $65,000 - $85,000 per year

Job Description

Key Responsibilities:

  • Evaluate creditworthiness of individuals and businesses by analyzing data and financial information.
  • Assess the risk involved in extending credit or lending money.
  • Analyze cash flow and financial statements to determine the ability of borrowers to meet their financial obligations.
  • Document all financial analysis work thoroughly and provide recommendations for approval, decline, or counteroffer.
  • Review individual and commercial customer files to identify and select delinquent accounts for evaluation and action.

Required Skills and Qualifications:

  • Bachelor's degree in Accounting, Finance, or related field of study.
  • Minimum of 1 year experience in commercial underwriting or banking.
  • Specialized bank lending education/training.
  • SBA experience preferred but not required.

Benefits:

  • Medical benefits.
  • Dental benefits.
  • Vision benefits.
  • Life insurance (employer-paid).
  • 401(k) matching.
  • PTO (Paid Time Off).
  • Paid Federal Bank holidays.
  • LTD insurance (employer-paid).
  • Flexible spending account.
  • Health savings account (employer contribution).
  • LifeMart (employee discount programs).

Others:

  • Developed financial analysis skills.
  • Thorough knowledge of current related obligations.
  • Ability to manage a moderate workload with limited oversight.
  • Attention to detail.


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