Team Georgia Careers · 16 hours ago
Senior Credit Underwriter
Georgia - Dekalb - Atlanta
Full-time
Hybrid
Senior Level
5+ years expCommunity Affairs, Georgia Department of - DCA is dedicated to helping build strong, vibrant communities. The Senior Credit Underwriter will be responsible for preparing financial analyses and credit memos to assess the creditworthiness of businesses and local governments involved in economic development programs.
Government Administration
Responsibilities
Prepares a credit memo or risk analysis on the financial strength of a business or local government to be used in the review of applications submitted under one of DCA’s economic development programs
Prepares a review of the financial institutions that participate or partner in our economic development programs
Prepares an infrastructure analysis on a local government’s overall financial condition if required for the review of a project
Recommends the appropriate loan structure with a DCA program or suggest other suitable financing options. Identifies all conditions necessary for loan approval on the credit memo
Examines credit information submitted including financial statements, tax returns, credit reports, industry data and business plans. Analyzes a company’s liquidity, profitability, operating and solvency ratios
Participates in discussions with management on projects and presents the credit analysis during the formal review of projects
Provides technical assistance to the program managers as needed on loan structuring or other finance-related issues on a project
Assists the program manager with a completeness review of the credit information submitted in an application for financing assistance
Discusses project financing with other lenders in project if necessary to verify commitments are in place and their support for the business and project. Ensures the participating bank is aware and supportive of DCA’s participation in the project
Remains abreast of the regulations for DCA’s economic development programs and participates in the review of projects under various programs
Reviews the term sheet provided to DCA’s closing attorney and the draft loan documents if requested
Qualification
Required
Bachelor's degree in a finance-related area from an accredited college or university
Five years of commercial lending experience from a financial institution required or an equivalent combination of education and experience sufficient to perform the job duties and responsibilities of the job, as determined by the State of Georgia
Strong analytical skills with knowledge of commercial lending principles and proficiency with Microsoft Office Suite
Strong written and oral communication skills
Company
Team Georgia Careers
We're Team Georgia Careers, the official career website for the State of Georgia! 🍑 Making a difference in the lives of 10 million Georgians every day.
10001+ employees
Funding
Current Stage
Late StageCompany data provided by crunchbase