Underwriter III

About This Role

This Underwriter III role is critical for evaluating and approving loan applications, ensuring compliance with bank policies and regulatory requirements. The position involves managing risk effectively while providing excellent service to clients, and suits a candidate who enjoys balancing risk mitigation with opportunity and applying a creative approach to loan structuring.

Responsibilities

• Underwrite commercial credit actions by reviewing financial statements, analyzing borrower risk ratings, and recommending appropriate loan structuring
• Collaborate with loan officers and other team members to gather additional information and clarify borrower details
• Ensure all parties are kept informed of underwriting progress and outcomes
• Communicate decisions and recommendations clearly and effectively to both internal and external stakeholders
• Provide guidance and support to teammates on underwriting procedures and information needs
• Prepare detailed reports and documentation to support underwriting decisions
• Source, compile, and interpret financial data to support the structuring and approval of loans
• Review industry information, key risks, mitigants, and collateral to form a comprehensive business overview of the borrower
• Utilize analysis results to underwrite commercial loans effectively
• Prepare credit analysis documentation and servicing information
• Identify and evaluate risks associated with new and existing commercial credit requests and relationships through thorough review and analysis
• Collaborate with Bank associates and partners to address risk issues, communicate review schedules, and manage changes in the commercial portfolio
• Assist in coordinating review and renewal schedules for existing credits, supporting ongoing risk identification and management
• Ensure all underwriting decisions align with the bank's credit policies and procedures
• Identify cross-sales opportunities for new and existing relationships based on analytical activities
• Partner with associates and clients to determine needs and structure new requests, renewals, and modifications
• Maintain up-to-date knowledge of industry regulations, market trends, and best practices

Requirements

• Bachelor’s degree in Finance, Business Administration, or a related field
• Excellent analytical, problem-solving, and decision-making skills
• Proficiency in underwriting software and Microsoft Office Suite
• Strong understanding of underwriting principles, credit analysis, and risk management
• Minimum of 7 years of underwriting experience, with a focus on commercial loans
• Effective communication and interpersonal skills, with the ability to interact confidently with senior management and regulatory authorities