Busey · 1 day ago
Commercial Underwriter II
Dallas, TX
Full-time
Onsite
Senior Level
$90K/yr - $120K/yr
5+ years expBusey is a financial services company looking for a Commercial Underwriter II to provide accurate and timely credit underwriting support for their portfolio management and new business development efforts. The role involves analyzing financial statements, preparing credit approval requests, and collaborating with Relationship Managers to minimize credit risk.
BankingFinanceFinancial ServicesWealth Management
Responsibilities
Financial statement spreading and analysis, including calculation of Debt Service Coverage or Fixed Charge Coverage Ratios per Busey guidelines
Use financial data such as cash flow, liquidity, profitability, and leverage to determine and minimize the overall risk of extending credit to businesses and individuals
Work with Commercial Relationship Managers or other Lending staff to prepare clear and concise Commercial Credit Approval Request (CCAR) memos including pertinent information associated with the overall risk of the loan, identifying the strengths and weaknesses of the Borrower
Evaluate collateral, industry data and other relevant credit information
Assist with Portfolio Management duties to include testing financial covenants, monitoring monthly borrowing base reports, preparing portfolio reviews and sensitive asset reports, as assigned
Assist Commercial Relationship Managers with the preparation of opportunity memos for new and existing relationships
Maintain a working knowledge of the Commercial Banking Loan Policy and systems, including nCino
Assist in the sales process, including accompanying Relationship Managers on customer and prospect calls
Approve loans that are within defined authority levels; recommend loan approval outside of defined authority levels
Participate in pipeline meetings to develop knowledge of prospective opportunities as well as upcoming renewals
Assist with other duties or special projects as assigned
Qualification
Required
Requires Bachelor's degree with a concentration in Business or Finance
Requires 5 or more years of Commercial Credit experience
Requires 2 or more years of experience in the Commercial Underwriter role
Strong oral and written communication skills
Proficiency in Microsoft Office
Knowledge of financial accounting
Ability to multi-task and work independently
Ability to analyze and solve problems
Ability to take independent action within established guidelines and develop new procedures and approaches when needed
Ability to perform duties under frequent time pressures
Preferred
Experience with Enterprise Value Lending and/or Leveraged Lending
Benefits
401(k) match
Profit sharing
Employee stock purchase plan
Paid time off
Medical
Dental
Vision
Company-paid life insurance
Long-term disability
Supplemental voluntary life insurance
Short-term and long-term disability
Wellness incentives
Employee assistance program
Pre-tax health savings accounts
Flexible spending accounts
Company
Busey
Busey is a financial company that offers wealth management, banking, brokerage, and mortgage services.
1001-5000 employees
Funding
Current Stage
Public CompanyTotal Funding
$200M2025-05-14Post Ipo Equity· $200M
2001-06-14IPO
Leadership Team
Christopher Chan
Chief Financial Officer
Recent News
First Busey Corporation
2025-10-29
2025-09-29
2025-09-05
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