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Amalgamated Bank · 3 months ago

C&I Credit Underwriter III

Washington, DC

Full-time

Hybrid

Senior Level

$110K/yr - $120K/yr

6+ years exp

Amalgamated Bank is focused on socially responsible lending, tackling pressing social issues through finance. The C&I Credit Underwriter III will support the underwriting of mission-driven loans and collaborate with teams to analyze financial statements, assess credit risk, and prepare credit approval memorandums.

Banking

No H1B

Responsibilities

Collaborate with potential borrowing customers to determine credit needs and develop appropriate loan structures that meet both client needs and bank requirements

Prepare comprehensive credit memorandums that provide rationale, opinions and in-depth analysis of new credit requests

Assist in the presentation of transactions to credit committee in support of approval

Maintain a thorough understanding of the Bank’s lending policies and procedures, identifying any exceptions to credit policy

Recommend appropriate risk ratings in accordance with credit policy guidelines

Participate in meetings and conference calls on transactions, lead due diligence discussions, and develop deal indicative term sheets and deal screen presentations

Prepare comprehensive credit memorandums that provide rationale, opinions and recommendations regarding proposed loans. Present transactions to credit committee in support of approval

Assist in quarterly and annual credit reviews as needed

Perform other duties as directed

Qualification

Financial analysisUnderwriting experienceCredit risk assessmentFinancial modelingMicrosoft Office proficiencyInterpersonal skillsPublic presentation skillsOrganizational skillsDetail-oriented

Required

Bachelor's degree in accounting, finance, or related field with proven academic excellence

Minimum of six (6) years of underwriting and/or portfolio management experience within a U.S. regulated commercial banking lending environment

Highly proficient financial analysis skills, including financial modeling and understanding of financial data (e.g., balance sheets, income statements, cash flow statements, financial ratios)

Strong verbal, written, inter-personal, and public presentation skills

Proven organizational skills; able to work independently and be detail oriented

Ability to manage multiple long-term transactions simultaneously and prioritize assignments to meet deadlines

Proficiency in the Microsoft Office suite (including Excel, Word, PowerPoint, etc.)

Preferred

MBA

Knowledge of middle market C&I cash flow lending, owner occupied mortgages, non-profit lending, CDFIs, New Market Tax Credit Finance and structured lending

A passion to support socially minded organizations

Familiarity with Moody's Credit Lens

Company

Amalgamated Bank

For over a century, Amalgamated Bank has been America’s Socially Responsible bank supporting thousands of people, organizations, causes and businesses.

Founded in 1923

New York, New York, USA

201-500 employees