About This Role
This role is for an underwriter who will work with relationship managers to structure, analyze, and negotiate credit transactions. The position involves full-cycle underwriting for small business financing and requires detailed financial analysis of businesses and individuals.
Responsibilities
- Work with Relationship Managers in structuring, analyzing, and negotiating credit transactions
- Responsible for the full-cycle underwriting of assigned small business financing
- Determine the client's ability to repay financing through analysis of cash flow statements, U.S. tax returns (1120, 1120S, 1065, 1040), and other financial information
- Perform detailed financial analysis of small businesses, including trend analysis, ratio analysis, and interpretation of financial information to assess credit quality and cash flow adequacy
- Conduct credit and financial statement analysis of co-owners, guarantors, and individuals to determine asset coverage for requested loan amounts
- Coordinate with Relationship Managers regarding customer calls and site visits
- Perform additional due diligence as required to evaluate the creditworthiness of small business owners
- Open to working in night shifts
Requirements
- Bachelor's/Master's degree in Finance, Accounting, or a related field
- Formal credit training preferred
- 3+ years of experience in commercial credit analysis, commercial underwriting, or underwriting small businesses within a financial institution
- Strong analytical skills with the ability to read and assess individual and company financial statements, cash flow statements, industry analysis, competitive analysis, and financial projections
- Proficiency in spreadsheet and word processing applications, particularly MS Excel and MS Word, including the use of graphs and charts
- Experience working with Moody's Financial Analysis Software
- Basic knowledge of:
- Credit principles
- Lending operations
- Loan research
- Due diligence searches (SOS, Clear Reports, TLOx/TransUnion)
- UCC filings
- Westlaw/Dockets
- Credit Bureau Reports
- General credit policies
Important Details
About the Company
Biz2X/Biz2credit will consider candidates with experience in mortgage, commercial, credit, lending, or housing.
