The commercial loan underwriter will have the responsibility for ensuring the credit worthiness of on both performing and non-performing commercial loans owned by internal and external investors. This position will be an integral part of the Commercial Credit / Underwriting team reporting to the First Vice President of Commercial Credit, but will have broader interactions with the SVP of Commercial Servicing & Asset Management, as well as, executive leadership on the Commercial Loan Origination teams. An ideal candidate should be a self-starter that can operate with limited supervision in a fast-paced environment, deadline oriented environment. (REMOTE is acceptable)

• Perform financial statement underwriting, analysis and financial covenant compliance for a portfolio of performing and non-performing commercial loans owned by internal and external clients in accordance to Loan Agreements.
• Monitor the credit quality of commercial loan portfolio on monthly, quarterly and annual basis.
• Recommend risk ratings in accordance with NAIC and/or CREFC guidelines.
• Identify the key credit and non-credit risks associated with a portfolio of loans or specific to a transaction.
• Review and recommend any additions or changes to the current policies and procedures for underwriting performing and non-performing commercial loans and guarantors.
• Develop and recommend to Senior Management any adjustments to Commercial Credit key performance indicators, processes and policies.
• Review and make approval recommendations on financial analysis in connection with loan modifications, maturity extensions, workouts or annual reviews prior to formal submission to Senior Management, Investors, or Clients.
• Underwrite high risk/profile assets as requested by Senior Management.
• Perform due diligence on potential commercial loan acquisition portfolios for indicative or final bid purposes as necessary.
• Other duties as assigned by Senior Management.

• Must be able to work effectively in a fast-paced environment
• High integrity and respect for confidentiality are invaluable
• Strong written and verbal communications skills
• Strong analytical and intuitive investigative skills
• Must be detailed oriented
• Ability manage multiple tasks and prioritize workflows
• Strong independent decision making capabilities
• Must have strong skills in Word, Excel, Outlook, Financial Statement Spreading Tools
• Ability, at a working level, to make sound transactional decisions in accordance with policies and directives
• Working knowledge of cash flow, credit and collateral evaluation emphasis on CRE property types (multifamily, office, hotel, retail, self-storage and others)
• Working knowledge of financial statement analysis and review of tax returns.
• Strong knowledge of credit policies, procedures, principles and philosophy

EDUCATION and EXPERIENCE:

• 3 years’ experience in one or a combination of the following related to commercial loans and/or commercial real estate: underwriting, financial analysis or deal structuring in financial services, private banking, corporate/investment banking or capital markets
• Formal credit or commercial loan training and some previous credit decisioning preferred
• Exposure to a wide variety of commercial credits and the professional/executive market segment is preferred
• Knowledge of financial accounting theory and logic, loan structuring, commercial products and services
• Solid credit fundamentals in a commercial environment

Certifications, Licenses, and/or Registration 

N/A

The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be

made to enable individuals with disabilities to perform the essential functions.

While performing the duties of this job, the employee is regularly required to sit and use hands to finger, handle, or feel objects, tools, or controls.  The employee frequently is required to talk and hear. 

The employee is occasionally required to stand; walk; reach with hands and arms.  The employee is rarely required to stoop, kneel, crouch, or crawl.

The employee must regularly lift and/or move up to 10 pounds. Specific vision abilities required by this job include close vision, and the ability to adjust focus.

The noise level in the work environment is usually moderate.

EEOC

Community is an Equal Employment Opportunity employer.  All aspects of consideration for employment and employment with the Company are governed on the basis of merit,

competence and qualifications without regard to race, color, religion, sex, national origin, age, disability, veteran status, sexual orientation, or any other category protected by federal, state, or local law.