You'll enjoy the flexibility to work remotely * from anywhere within the U.S. as you take on some tough challenges.
For all hires in the Minneapolis or Washington, D.C. area, you will be required to work in the office a minimum of four days per week
Primary Responsibilities:- Underwrite new commercial loan requests and perform periodic reviews on existing commercial loans
- Create credit underwriting memos which analyze the credit request, the borrower, financial and credit information, repayment sources, risks and mitigation, collateral, and compliance with applicable regulations and policies
- Analyze and document loan modification requests
- Be knowledgeable of policies, guidelines, procedures, regulations and systems applicable to the credit function
- Ensure that loan files and documentation are complete
- Make, recommend, and present credit decisions to credit administration and credit committee through both effective written and verbal communication
- Assess and recommend risk ratings for underwritten loans
- Assist with portfolio management and monitoring
- Develop and maintain positive relationships with internal and external clients
- Assist in training and mentoring less experienced credit team members
You'll be rewarded and recognized for your performance in an environment that will challenge you and give you clear direction on what it takes to succeed in your role as well as provide development for other roles you may be interested in.
Required Qualifications:- 5+ years of experience analyzing business and personal financial statements associated with loan requests
- 5+ years of experience underwriting commercial loans, including commercial real estate loans
- Experience making or recommending credit decisions on transactions > $10 million
- Knowledge of commercial real estate financing, loan documentation, lending laws, loan transaction procedures, portfolio monitoring, and loan servicing
Preferred Qualifications:- Bachelor's degree in Finance, Accounting, Economics, or Business
- Formal commercial credit training program
- Experience working in credit or lending role with a commercial bank
- Experience working out problem loans
*All employees working remotely will be required to adhere to UnitedHealth Group's Telecommuter Policy
Pay is based on several factors including but not limited to local labor markets, education, work experience, certifications, etc. In addition to your salary, we offer benefits such as, a comprehensive benefits package, incentive and recognition programs, equity stock purchase and 401k contribution (all benefits are subject to eligibility requirements). No matter where or when you begin a career with us, you'll find a far-reaching choice of benefits and incentives. The salary for this role will range from $91,700 - $163,700 annually based on full-time employment. We comply with all minimum wage laws as applicable.
Application Deadline: This will be posted for a minimum of 2 business days or until a sufficient candidate pool has been collected. Job posting may come down early due to volume of applicants.
