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NewtekOne (NASDAQ: NEWT) · 3 days ago

Commercial Credit Underwriter - Acquisition & Wholesale Transactions

United States

Full-time

Remote

Senior Level

$80K/yr - $130K/yr

5+ years exp

NewtekOne is a financial holding company that provides a range of business and financial solutions to the SMB market. The Commercial Credit Underwriter will evaluate the financial strength of borrowers and ensure transactions align with the company's credit policies and risk appetite, focusing on C&I and CRE loan underwriting.

Financial Services

Responsibilities

Underwrite acquisition and wholesale transactions, including structured financing, loan purchases, and participations

Conduct financial analysis of borrowers, guarantors, and counterparties, with emphasis on C&I and CRE credit exposure

Assess loan structure, collateral value, and repayment sources to ensure creditworthiness and compliance with internal policies and regulatory requirements

Prepare complete credit memos and present timely findings and recommendations to the credit committee

Collaborate with origination and Chief Investment Officer to identify credit risks and establish policy compliance and pricing

Review and analyze third-party reports such as appraisals, environmental assessments, and rent rolls

Support due diligence and documentation for loan purchases, participations, and acquisitions

Contribute to process improvement initiatives to streamline underwriting efficiency and enhance credit quality

Qualification

C&ICRE underwritingFinancial statement analysisCash flow modelingCollateral valuationCredit policy developmentRegulatory complianceMicrosoft ExcelAnalytical skillsWritten communicationVerbal communicationDetail-oriented