Vantage West Credit Union · 13 hours ago
Senior Business Underwriter - Remote
United States
Full-time
Remote
Mid, Senior Level
$63K/yr - $82K/yr
3+ years expVantage West Credit Union is dedicated to fostering a vibrant learning environment and is seeking a Senior Business Underwriter to manage the business lending portfolio. The role involves developing policies, ensuring prudent underwriting practices, and collaborating with Relationship Managers and senior management to balance sales and credit quality.
BankingCreditFinancial Services
Responsibilities
Assists, directs and counsels Relationship Managers in qualifying loans, determining borrower's needs, determining appropriate commercial loan product, and obtaining requisite financial data
Structures transactions by being open minded and creative while balancing the risk/reward rather than concluding immediately that the deal cannot be done. Additionally, you will provide direction and ideas/suggestions on how to market our structure to the member
Utilizes excellent credit underwriter skills to author well thought out and concise financial and repayment analysis with a focus on cash flow, liquidity, and leverage analysis of relationships using appropriate structure and identifying key risks
Works proactively, in a constructive, diplomatic manner, with both internal and external contacts to keep transactions moving. Strives to minimize turnaround-time while thoroughly documenting credit requests
Provides leadership in the market by being a positive contributor to the team and embracing change
Manages and monitors the credit risk profile in the commercial portfolio
Demonstrates excellent communication skills both internally and externally between Members, Relationship Managers, Loan Administration, Loan Documentation & Funding Control and other departments involved in the loan process
States opinion in a clear, concise manner and able to defend positions with Senior Management
Works with Enterprise Risk Management to review or address loan file quality, audit exceptions and assist or head up meeting with State of Arizona and NCUA Federal examiners
Mentor junior underwriters as needed to support the underwriting team and Business Banking Department
Performs other duties as assigned
Qualification
Required
Bachelor's Degree in Business, Accounting, Finance or related field or equivalent experience
3 years of commercial real estate underwriting experience
Must display professionalism and possess excellent (verbal and written) business communication skills
Requires strong active listening, problem solving and a high-level of independent decision making skills
Must have the ability to work independently and be proficient in Microsoft Office (Word, Excel, and Outlook)
Advanced knowledge of commercial credit policies and regulations, loan documentation, bankruptcy and related legal and compliance issues is necessary
Ability to communicate with upper management and external regulators
Must comply with all aspects of the Bank Secrecy Act and SAFE Act
Preferred
Formal credit training experience is preferred
Familiarity with SBA underwriting and documentation requirements is a plus
Benefits
Health Coverage – We offer medical, dental and vision coverage for you and your dependents. Other benefits include: life insurance, flexible spending accounts, pet insurance, Team Member Assistance Program (EAP), and Corporate Care Solutions (Backup Child and Adult Care Services).
Paid Time Off and Holidays – Work-life balance is a focus with generous paid time off, with additional time given for sick days, paid holidays, and 16 hours of paid time to participate in our community volunteer program. We also offer enhanced paid military leave and paid maternity/paternity leave.
Retirement Savings – Generous 401k Plan.
Development Activities – We focus on continuous growth by encouraging Job Shadowing and Personal Development Plans, which leads to a 40+% annual internal promotion rate.
Tuition Reimbursement – We have partnered with the University of Arizona Global Campus to offer eligible full-time employees 100% tuition coverage towards an online Bachelor’s or Master’s Degree.
Company
Vantage West Credit Union
Vantage West Credit Union offers an array of banking and financial services that help fulfill the needs of the people and the community.
201-500 employees
Funding
Current Stage
Growth StageTotal Funding
$3.72MKey Investors
Community Development Financial Institutions Fund
2023-04-10Grant· $3.72M
Leadership Team
Sandra Sagehorn-Elliott
President/CEO
Scott Odom
Chief Financial Officer
Recent News
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