Senior Loan Underwriter/Portfolio Manager

Description

Impact

Enhances Bank performance and profitability.

Responsibilities

Under minimal supervision, the Senior Loan Underwriter will be responsible for managing loan portfolio, evaluating loan applications, underwriting, building and maintaining strong customer relationships.

Essential Functions

1. Identify, review and analyze all relevant information in order to assess credit risk; determine profitability, strength of a guarantor or borrower, and sources of repayment.

2. Coordinating work within different departments to collect and verify information and documentation, for accuracy, consistency, completeness, and compliance with Bank policies

3. Review and analyze financial information in order to determine profitability and strength of a guarantor or borrower while adhering to risk management and underwriting policies & procedures

4. Perform financial and cash flow forecasting analysis to include key financial ratios in order to determine debt repayment and profitability, as well as identify how industry trends may have an impact on the credit and or borrower's performance.

5. Analyze accounts receivables aging on a monthly / quarterly / annual basis, plus borrowing base certificates to ensure adequate collateral protection

6. Prepare credit proposals with respect to financial standing and make recommendations to the Bank's Loan Committee and/or Board of Directors for approval or denial.

7. Manage and monitor existing commercial loan portfolio to include performing annual credit reviews, plus ensuring compliance with terms of loan agreement and recommending corrective action as needed; portfolio includes complex accounts

8. Manage non-loan credit products to include ACH and Overdrafts for new and existing customers.

9. Manage and training to credit support in underwriting for new and renewals of existing credits.

10. Manage a team of underwriters and loan processors, ensuring compliance with Bank policies and Federal regulations on all facilities, as well as, meeting targeted goals.

11. Coordinates with the Bank's loan processing and closing teams to facilitate loan renewals and or amendments

Ancillary Functions

Performs tasks that are supportive in nature to the essential functions of the job, but which may be altered or re-designed depending upon individual circumstances.

Mandatory Training Curricula

Training is required of all Bank staff as related to regulatory mandated compliance topics and courses required for specific job functions. Career enhancement training courses are also available. Please refer to course catalog and management for details.

Competencies (refer to Competencies Library)

Skills

• Compliance and Operational Risk Knowledge
• Assessing Risk
• Underwriting Process
• Understanding the customer
• Negotiation and Persuasion Skills
• Planning and Organization
• Business Writing
• People Management
• Communication Skills
• Leadership
• Underwriting Management

Physical Demands

The physical and related demands described in this section are representative of those that must be met by an employee to successfully perform the essential functions of this job. This job is mostly sedentary in nature, but may occasionally involve lifting files and other materials that weigh up to 20 lbs. Employees in this job must be able to work in an office environment during regular business hours where they come into regular and frequent contact with internal and external customers and other members of the public. Therefore, employees in this position are expected to have consistently positive interactions with the public.

Requirements

Education/Training

M.B.A / M.S Preferred; B.S. or B.A. degree in business, economics, accounting, finance; real estate development or related certifications.

Experience

A minimum of 8 years of experience in underwriting construction loans, C & I, permanent mortgages, assets-based loan, letters of credit, SBA 7a & 504 loans, and not-for-profits. Experience supervising and developing loan's underwriter team. Transactions of up to $60MM. Experience working cross functionally with support teams. Experience in medium-sized companies (average annual sales up to $100MM).

Salary Range

$110,000 - $135,000