Bachelor's degree in Business, Accounting, or Finance; or equivalent experience
At least 7 years in a credit-related role, ideally in banking with commercial and healthcare expertise
Proven strong analytical and financial modeling skills
Excellent written and verbal communication capabilities
Demonstrated ability to work collaboratively with key stakeholders
Team player eager to mentor junior staff
Proficient in Microsoft Office Suite
Experience with transitional or bridge loans, specifically those with no cash flow
Responsibilities
Conduct comprehensive financial and credit risk analysis for complex transactions
Collaborate with Lending Officers to ensure complete and accurate borrower information
Present risk-focused credit proposals for approval with clarity and precision
Address credit-related inquiries efficiently from the approval authority
Participate effectively in Credit Committee and related meetings
Mentor junior credit underwriters, providing guidance and oversight
Assist in the preparation of reports for management, bank examiners, and audits
Benefits
Opportunity for professional growth and development
Engagement with complex financial transactions
Collaboration in a fast-paced, team-oriented environment
Potential to influence loan underwriting processes within the bank
Involvement in cross-functional teams for full transaction support
Full Job Description
Job Type
Full-time
Description
Customer Relationship driven Commercial Bank in Midtown Manhattan hiring Senior Credit Underwriter
MUST BE ABLE TO WORK 4 days ONSITE
$145,000-$165,000
NO VISA NO SPONSORSHIP
Duties and Responsibilities:
For the most complex transactions, undertaking comprehensive financial and credit risk analysis in support of loan requests; including but not limited to financials, projections, industry/market, structure, management and environmental.
Must have experience with transitional loans or loans that have no cashflow and bringing those properties to cashflow
Demonstrating deep understanding of credit risks and mitigants, presenting clearly and concisely in risk focused credit proposals for submission to the appropriate approval authority.
Work collaboratively with Lending Officers throughout the transaction process, ensuring all Borrower information including financials are complete, accurate, received in a timely manner and analyzed fully. Attend client meetings and/or site visits as appropriate.
Strong understanding of compliance, regulations and the Bank's commercial lending policies, clearly outlining any exceptions to policy and supporting rationale in the credit proposal.
Ensure all credit-related questions from the approval authority are addressed efficiently and effectively.
Contribute effectively at Credit Committee and other Committee meetings as appropriate.
Provide guidance and oversight for more junior credit underwriters.
Assisting in the completion of various monthly, quarterly or ad hoc reports as necessary.
Assisting in gathering information required by Bank examiners and internal audit.
Performs additional duties and responsibilities as assigned by management
Requirements
Preferred experience, education, and qualifications:
Bachelor's degree in Business, Accounting or Finance; or equivalent experience
Minimum 7 years in credit related field, preferably in a banking environment with C&I / Healthcare experience
Strong analytical / financial modeling skills
Excellent written and verbal communication skills
Strong interpersonal skills; work collaboratively and with integrity with key internal and external stakeholders.
Strong team player with desire to develop and coach less experienced members of the team
Working knowledge of all MS Office Suite products
Experience with transitional or "bridge" loans
Experience with loans that have no cash flow/Experience bringing those properties to cash flow
