CRE Underwriter

Kforce Inc
Bedminster, NJ Full Time
POSTED ON 6/7/2024 CLOSED ON 7/10/2024

What are the responsibilities and job description for the CRE Underwriter position at Kforce Inc?

Responsibilities

Kforce has a client that is seeking a CRE Underwriter in Bedminster, NJ. Summary: We are seeking a highly skilled Commercial Underwriter to join our team. The ideal candidate will be responsible for managing a portfolio of 25-30 accounts, conducting comprehensive reviews, and performing detailed analysis of new transactions. This role requires a keen understanding of financial markets, risk assessment, and strong analytical abilities. Responsibilities: Portfolio Management:

  • Conduct annual and periodic reviews of designated client portfolios, identifying evolving risks and opportunities
  • Monitor company-specific, market, and economic factors that may influence relationship risk ratings
  • Prepare industry, sector, and portfolio reviews and reports
  • Ensure timely reporting of financial statements to ensure covenant compliance oversight
  • Act as a key player in coordinating information for internal and external audits
  • Provide guidance and mentoring to junior team members as appropriate

New Transaction Analysis And Underwriting

  • Conduct pre-screening of proposed transactions to identify critical structural challenges and risks, balancing institutional risk tolerances with market needs
  • Perform due diligence and evaluation of prospective transactions, engaging internal asset management, legal, documentation, or other functional resources as necessary
  • Prepare detailed credit and structure analysis, including evaluation of repayment sources, corporate and industry risk, liquidity, asset management, market risks, risk rating, and historical and projected operating performance with trend analysis
  • Spread financial statements and conduct thorough analysis to assess creditworthiness

Requirements

  • Proven experience as a commercial underwriter or in a similar role within the banking or financial services industry
  • Strong understanding of financial markets, risk assessment, and credit analysis techniques
  • Proficiency in financial statement analysis and spreading
  • Excellent analytical, communication, and interpersonal skills
  • Ability to work independently and collaborate effectively with cross-functional teams
  • Attention to detail and strong organizational skills
  • Knowledge of regulatory requirements and compliance standards
  • Experience with commercial lending software and tools is preferred

The pay range is the lowest to highest compensation we reasonably in good faith believe we would pay at posting for this role. We may ultimately pay more or less than this range. Employee pay is based on factors like relevant education, qualifications, certifications, experience, skills, seniority, location, performance, union contract and business needs. This range may be modified in the future.

We offer comprehensive benefits including medical/dental/vision insurance, HSA, FSA, 401(k), and life, disability & ADD insurance to eligible employees. Salaried personnel receive paid time off. Hourly employees are not eligible for paid time off unless required by law. Hourly employees on a Service Contract Act project are eligible for paid sick leave.

Note: Pay is not considered compensation until it is earned, vested and determinable. The amount and availability of any compensation remains in Kforce's sole discretion unless and until paid and may be modified in its discretion consistent with the law.

This job is not eligible for bonuses, incentives or commissions.

Kforce is an Equal Opportunity/Affirmative Action Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, pregnancy, sexual orientation, gender identity, national origin, age, protected veteran status, or disability status.

Salary : $140,000 - $180,000

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