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Underwriting, Associate I

Employer
Silicon Valley Bank
Location
Tempe, USA
Salary
Competitive
Closing date
Jul 3, 2019

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Job Function
Banking
Industry Sector
Finance - General
Employment Type
Full Time
Education
Bachelors
In response to our strategic plans to grow our Business Credit Card portfolio, we are adding key underwriting roles to our Centralized Card Management Team (CCMT). We are looking for the right individual to contribute to this exciting opportunity by providing credit expertise helping some of the most influential entrepreneurs and investors launch and grow their business globally. We serve companies in the innovation space including hardware, software, fintech, life science, as well as premium wine clients.

The core responsibility of this position is to mitigate credit risk while supporting the bank's growth initiatives. This includes contributing to the management of the full credit life cycle, including assessing the credit worthiness of the bank's clients through detailed and precise credit assessments, stress credit management and preparation of clearly articulated credit presentations.

This individual will perform underwriting and prepare credit presentations on business credit card requests. They will work closely with CCMT Vice Presidents to support business credit card portfolio monitoring activities, which may include working on stress credit cases. With the guidance of a Vice President or Director they may independently handle a portion of the credit card portfolio.

Industry knowledge and subject matter expertise are required to effectively perform the following:

  • Conduct and assist with underwriting due diligence, structuring and documenting case reviews for standard credits independently
  • Prepare clearly articulated credit presentations with thoughtful and appropriate recommendations.
  • Assist with monitoring the business credit card portfolio's credit quality to ensure proactive and timely risk mitigation action when necessary.
#LI-MS1 #

Qualifications

  • BS/BA Degree in Finance, Accounting, Statistics, Math or Economics with 3+ years of direct work experience in commercial credit products.
  • Strong business writing, communication, time management skills.
  • Working knowledge of portfolio management, covenant testing, basic commercial loan underwriting skills.
  • Demonstrated proficiency working with computers and Microsoft Office applications (specifically, Outlook, Excel, Visio, Word, and PowerPoint). Knowledge of SAS, SQL or other data management computer language is a plus but not required.


Preferred Experience:

  • MBA a plus, CFA a plus. 3+ years of strong and direct experience in commercial credit analysis, commercial financial facility underwriting, credit and account management, and portfolio monitoring. Prefer deep experience from a large financial institution that has credit product offering to small business: i.e. Chase, Wells, American Express, Bank of America, etc.

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