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Pathward · 4 days ago

Commercial Underwriter I

United States

Full-time

Remote

New Grad, Entry Level

$50K/yr - $84K/yr

0+ years exp

Pathward is a financial empowerment company dedicated to creating financial inclusion for all. The Commercial Underwriter I role involves underwriting loans, managing the underwriting process, and collaborating with business development officers to ensure a smooth transition to account executives.

ConsultingFinanceFinancial Services

Work & Life Balance

Responsibilities

Underwrite the entire spectrum of lending products, regardless of size or complexity, in a timely and efficient manner

Understand and apply credit policies and minimum underwriting standards

Collaborate closely with the various Business Development Officers to provide a consultative/value-added credit perspective, both prior to proposal issuance and thereafter

Review and analyze new deal packages for content and completeness and conduct initial interviews with prospects

Order and review due diligence and documentation

Review and analyze financial statement spreads and understand cash flows

Review field examinations and understand collateral and financial trends indicated therein

Visit prospect locations and meet management of the business prior to closing for transactions over a predetermined amount

Gain a thorough understanding of the prospect's business and the company's asset conversion cycle

Review reporting requirements and processing with clients

Analyze debtor information in conjunction with Debtor Credit Manager

Prepare the credit narrative for appropriate approval

Conduct and document the pre-funding process and oversee the efforts of the Client Analyst assigned to the transaction

Oversee closing documentation process and effectively negotiate with prospect

Mentor and train analysts, field examiners and less experienced business development representatives