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Citizens · 5 days ago

Business Banking Underwriting PM II

Johnston, RI

Full-time

Onsite

Senior Level

5+ years exp

Citizens is a financial institution focused on providing customer-centric services. The Business Banking Operations Underwriter PM II will be responsible for underwriting business lending products, ensuring adherence to credit policies, and supporting field personnel in lending decisions.

BankingCredit CardsFinancial ServicesFinTechRetail

H1B Sponsor Likely

Responsibilities

Underwrite business credit applications independently using sound judgment, within an established single credit/lending authority limit. All decisions are made while adhering to the Business Banking Credit Policy and underwriting procedures

The UW is required to review all underwriting criteria, business and personal tax returns, CPA prepared financials, Company prepared financials, collateral, interest rate, fees and specific due diligence required for final approval. All exceptions to policy must be properly addressed by the underwriter and approved by the Underwriting Manager

Credit reviews include analysis of external personal credit and business credit bureau reports and scores for the business and guarantors and all associated deposit accounts

Meet production expectations as measured by goal setting

Responsible for working with Business Banking Operations Closing to move approved applications through the process for quick closings. Second looks applications are reviewed/discussed with the sales force, Underwriting Manager and/or Closing team

The sales colleague may bring new information for consideration for a loc/loan request that was previously declined

Assist Portfolio Management with annual reviews and portfolio monitoring

Qualification

Credit analysisRisk analysisFinancial analysisPortfolio managementCredit structuringCollateral analysisCredit writingUnderstanding legal documentsCommunication skills

Required

5+ years of direct lending experience and exhibited competency in various aspects of credit lending, portfolio management including financial spreading and analysis, credit structuring, collateral analysis, understand and applying credit policy and credit monitoring and risk administration practices

Must demonstrate practical and conceptual knowledge of credit and risk analysis

Exhibits competency at independently reaching conclusions and forms clear view of credit structure and business risk to Bank

Good understanding of industry nuances applicable to the credits reviewed

General knowledge of loan and related legal documents

Strong credit writing and communication skills

Equivalent work experience may be considered as an alternative to formal degree program completion

Preferred

Bachelor's Degree Preferred

Company

Citizens

Glassdoor3.6

At Citizens, we recognize that the journey to accomplishment is no longer linear and that individuals are made of all they have done and all they are going to do.

Founded in 1828

Providence, Rhode Island, USA

10001+ employees

https://www.citizensbank.com/

H1B Sponsorship

Citizens has a track record of offering H1B sponsorships. Please note that this does not guarantee sponsorship for this specific role. Below presents additional info for your reference. (Data Powered by US Department of Labor)

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2020 (1)