The role of the Commercial Underwriter is to provide support to regional commercial lending teams and regional Credit Administration by providing expertise in underwriting, structuring, servicing and documenting credit requests.
The Municipal Credit Underwriter (MCU) is an integral member of the client coverage team and assists with the administration of the credit portfolio and the delivery of the end-to-end credit experience to our clients.
Perform hazard analysis to determine whether to proceed with the account and how to approach pricing. Work with Business Development to create and carry out plans targeting new customers and lead growth and expansion of a profitable book of business.
In this role, you will develop new relationships and maintain existing relationships with wholesale brokers; work with operations, claims, finance and marketing to build or enhance products and contribute to the financial performance of the business unit.
In this role, the selected candidate will analyze financial statements, business banking statements and related cash flows, information provided by borrowers advance applications, credit bureau information, and other third party data and analytics provided by the Firm.
In this role, the selected candidate must have the ability to manage all aspects of the SBA lending program. Someone with detailed knowledge of SBA SOP requirements and State Guarantee Programs and their eligibility requirements.
Coordinates and acts as liaison between Underwriting and Commercial Sales Departments to support the overall sales effort; analyzes utilization upon group renewal to ensure premium pricing at appropriate levels in accordance with Plan and regulatory guidelines.
The MCU is primarily responsible for the independent underwriting and structuring of transactions. Prepares and presents credit packages for prospective opportunities, including quantitative and qualitative analysis of a clients credit quality, economic/sector analysis, repayment ability and key credit risk assessment.