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Centier Bank · 2 days ago

Commercial Real Estate Credit Underwriter

Merrillville, IN

Full-time

Hybrid

Entry, Mid Level

2+ years exp

Centier Bank is committed to diversity and exceptional service, seeking a Commercial Real Estate Credit Underwriter. The role involves analyzing financial information and preparing presentations for commercial loans, as well as monitoring existing loans and making recommendations on loan decisions.

BankingFinanceFinancial ServicesInsurance

Growth Opportunities

Responsibilities

Display independent thought to present data, conclusions and recommendations taking into account the boundaries of regulations, policies, and guidelines

Collect and analyze financial information about borrowers regarding income, assets, and debts to determine the level of credit that is appropriate for borrower relationship typically at $1 million and up

Prepare 10-25 page written presentations for new commercial loans and renewals

Presentations include identification of strengths and weaknesses, an appropriate risk grade and recommendation regarding the loan decision

Approval will come from SVP’s of Business Banking, Loan Committee, or Executive Management depending on the size of relationship

Conduct reviews of covenant compliance and periodic financial statements identifying potential weaknesses

Interact with lenders (and customers on occasion) to evaluate credit worthiness of new customers and potential deterioration of existing borrowers

Participation in meetings with Business Bankers, and SVP’s regarding commercial loans

Think independently to present data, conclusions and recommendations when there may not be a predefined policy or procedure

Take ownership for the bank’s commercial loan portfolio to prevent, matured delinquency, payment delinquency, collateral shortfalls, and/or loan charge-offs

Qualification

Commercial loan underwritingCredit analysisFinancial analysisMicrosoft OfficeQuantitative analysisTime managementAttention to detailOrganizational skillsCommunication skills

Required

Must possess working knowledge of basic underwriting principles for Commercial & Industrial Loans or Commercial Real Estate Loans

Bachelor's Degree with significant accomplishment in finance and accounting or commensurate experience and training in credit analysis for commercial loans

Minimum of 2-3 years of commercial credit experience (or credit skills that are commensurate)

Prior completion of formal credit training either through ABA, RMA, or formal internal bank training program

Adept at time management to meet strict deadlines and respond to high urgency requests from Management and/or Loan Officers

Ability to think critically and express conclusions in writing and verbally

Aptitude for quantitative analysis working with numerous variables, spreadsheets with large amounts of data, identifying/summarizing patterns and trends

Must be a quick study for new tasks, procedures, software/technology as well as conceptual philosophy behind a diverse set of tasks related to risk management of commercial loans

Strong organizational skill sets

Strong attention to detail

Working knowledge of Microsoft Office and financial worksheets/spreads

Some travel required