Community CRE Underwriter

Underwrites and prepares credit presentations for complex Commercial Real Estate (CRE) loans. Assists CRE Relationship Managers (RM's) in the monitoring of a large loan portfolio consisting of complex CRE products including construction, bridge, and permanent loans. Collaborates with RMs to manage and deepen full banking relationships with sophisticated CRE developers and investors.

Collect, spread, and analyze business, industry, financial data and other supporting credit information concerning a client or prospect's credit request. May include evaluation of enterprise-level and unit-level performance drivers (store sales trends, margins, labor and food cost sensitivity, operating leverage, and multi-unit execution risk).

- Analyze appraisal and market data to assess market risk associated with the CRE project. Underwrite sponsors' contingent debt, portfolio refinance risk, and global cash-flow to assess their ability to address financial obligations. Assess CRE credit markets to analyze potential take-out financing.

Identify key business and financial risks that may impact the repayment prospects by the borrower; presents conclusions supporting the credit recommendation based on documented facts and/or sound judgement.

- Prepare timely, concise and accurate credit recommendations, with limited supervision or revision. Includes: (1) quantitative components within the underwriting narrative documenting the credit analysis; (2) accurate use of risk rating scoring models, using both quantitative and qualitative rating elements to ensure sponsors and individual loans are properly risk-rated; (3) accurate identification and mitigation of all Bank tracked policy exceptions, tracked guidelines exceptions, and departures from established procedures and underwriting processes; and (4) accurate loan and risk rate coding when the credits are boarded on the bank operating systems.

- Monitor borrower financial performance in line with loan documents; spreads or oversees spreading of financial statements in accordance with Bank Guidelines to ensure accuracy. Tests covenant calculations and adherence to approval conditions and loan documentation. Collaborates with Analysts and RMs to ensure borrower notifications are sent and approvals are obtained to resolve any violations in a timely manner.

- Collaborates with RMs to identify and communicate credit risk so that it is effectively mitigated within new and existing credits.

- Collaborates with RMs to identify and communicate credit risk so that it is effectively mitigated within new and existing credits.

- Partners with Relationship Managers in customer and prospect calls as appropriate.

- May oversee the work of other commercial underwriters or credit analysts, including the timely review of credit requests and financial spreads to ensure accurate, high quality work product.

- Demonstrates compliance with all bank regulations for assigned job function and applies to designated job

responsibilities - knowledge may be gained through coursework and on-the-job training. Keeps up to date on regulation changes.

- Maintain a working knowledge of Bank's written policies and procedures regarding Bank Secrecy Act, Regulation CC, Regulation E, Bank Security and other regulations as applicable to this job description.

- May be asked to coach, mentor, or train others and teach coursework as subject matter expert.

- Bachelor's degree in business, Finance, Accounting, or equivalent work experience (Required)

- 4-7 years Commercial Underwriting/credit analysis experience or relevant lending experience. (Required)

- Intermediate credit and credit quality skills including accounting, financial statement spreading, and cash flow analysis.

- Demonstrate time management skills reflecting the ability to juggle multiple tasks simultaneously while delivering high quality work product on time. . Ability to take initiative with minimal direction, to work on multiple transactions simultaneously, and to meet deadlines.

- Ability to work effectively with individuals and groups across the company to manage internal and external customer relationships.

- Solid knowledge of credit policies, procedures, and practices typical in CRE lending.

- Proficiency with personal computers and related software packages such as Word and Excel.