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Salem Five Bank · 1 month ago

Commercial Loan Underwriter II

Salem, MA

Full-time

Onsite

Mid Level

$80K/yr - $110K/yr

3+ years exp

Salem Five Bank is a growing regional financial services organization with a rich history of over 160 years. They are seeking a Commercial Loan Underwriter II responsible for underwriting across all commercial lending verticals and managing various department reporting assignments.

BankingFinanceFinancial ServicesMortgage

Responsibilities

Responsible for Performing underwriting across all commercial lending verticals (C&I, CRE, Construction), in accordance with Bank pipeline demands

Responsible for Management of department reporting assignments allocated by the Chief Credit Officer, to include Loan Policy Exception Reporting, NAICS Reporting, Financial Tracking Reporting, Concentration of Credit Reporting, Annual Review Reporting, and other reports requested

Assume ownership of Department’s role in the completion of the Bank’s Allowance for Loan Loss reporting on a quarterly basis

Responsible for Management of financial Statement Spreading completion in Baker Hill with underwriting team (Jr. Underwriters and Commercial Loan Underwriter I)

Responsible for assigned duties related to the management of department internship program

Demonstrates compliance with banking business laws and regulations as defined in company policies and procedures pertinent to the position

Regular attendance is essential to this position

Assumes additional responsibilities as requested

Assist with the development of more junior personnel and planning of workflow for the Team