Financial Staffing LLC · 1 day ago
Senior Commercial Underwriter
Greater Houston
Full-time
Onsite
Senior Level
$100K/yr - $115K/yr
7+ years expFinancial Staffing LLC is a company specializing in staffing solutions, and they are seeking a Senior Commercial Underwriter. This role involves underwriting commercial loans, analyzing credit information, and ensuring compliance with internal and external regulations.
Staffing & Recruiting
Hiring Manager
Jeff Chapkin, MBA
Responsibilities
Review loan application files to verify that application data is complete and meets established standards, including type and amount of loan, borrower assets and liabilities
Underwrite and evaluate commercial loan requests from origination through closing, including initial credit approval, conditions and post-closing oversight
Prepare credit memorandums and detailed credit analysis for inclusion in Bank credit authorization
Analyze financial statements, tax returns (both business and personal), projections, cash flow, debt service coverage, leverage, liquidity, and collateral
Assess business models, industry risks, market position, and management strength
Review and interpret appraisal, environmental, valuation, title, and third-party reports
Ensure compliance with all applicable, program rules, and lender/commercial documentation requirements
Perform and document risk assessment on loan requests. Verifies accuracy of information provided
Work directly with Lenders and borrowers to discuss issues, ask questions and make financial and covenant recommendations as necessary
Review and analyze appraisal assumptions and methodologies; incorporate appraisal information into Bank credit authorization. Evaluates and verifies all collateral on all secured loans and prepares reports of findings
Works closely with all parties to assist in timely processing, credit approval, and closing of new loan requests
Qualification
Required
Bachelor's degree in Finance, Accounting, Economics, Business or related field
Requires a minimum of 7 years of Commercial Real Estate & Business Loan underwriting experience
Strong math skills and credit analysis capabilities – financial modeling, ratio analysis, stress testing, sensitivity analysis
Excellent written and verbal communication skills, including the ability to prepare clear and well thought credit memos
Requires computer experience and proficiency with word processing, spreadsheets and database management
Company
Financial Staffing LLC
Bringing a decade of industry experience, our team at Financial Staffing LLC excels in placing top bankers in community banks.
2-10 employees
Funding
Current Stage
Early StageCompany data provided by crunchbase