Commercial Mortgage Underwriter / Analyst

Key Responsibilities

• The Commercial Underwriter prepares detailed credit analysis on commercial credit requests to provide sufficient information to make sound credit decisions
• Works closely with loan officers to prudently underwrite and structure commercial loans
• Works closely with loan officers to structure and underwrite commercial loans ranging in size from $750,000 to $15,000,000+
• Performs an impartial credit analysis and prepares credit memos for loans, commercial mortgages, bridge loans, and mezzanine debt
• In conjunction with loan officers, presents loans to loan committee and resolves questions and concerns raised during loan discussions
• Discusses credit issues with members and prospective members to adequately complete loan presentations and annual loan reviews
• Spread borrower’s financial statements and/or tax returns to provide support of the financial analysis of the borrower, when needed
• Complete underwriting and presentation of credit memorandums for loan participations (purchases)
• Serves as the go to source for questions related to Loan Policy and Procedures
• All other duties as assigned (note: essential functions and responsibilities may change or new ones may be assigned at any time with or without notice)
• Analyze and interpret profitability, cash flow, credit reports and financial ratios to determine if they meet guidelines.
• Evaluate and verify collateral.
• Analyze borrower's competitive and economic sensitivities, general business conditions and management.
• Determine borrower credit worthiness/risk factors, and recommend risk mitigation measures.
• Need to be proficient in financial modeling, cash flow analysis, and financial statement interpretation.

Skills Knowledge and Expertise

• Bachelor’s degree in business, accounting or equivalent training and experience(preferred)
• Knowledge of commercial credit products, concepts, processes, and functions
• Knowledge of business management and planning tools, including financial statements and ratios, budgets, inventory and accounts receivable turnover
• Ability to analyze and interpret financial statements, business reports and legal documents
• Knowledge of applicable federal/state banking regulations Effective math skills, including ratios, percentages, interest and amortization
• Good judgment and problem solving skills