Bluestone Bank · 1 day ago
Sr. Commercial Credit Underwriter
Raynham, Massachusetts
Full-time
Onsite
Mid, Senior Level
$80K/yr - $110K/yrBluestone Bank has been serving Southern New England for over 150 years, providing secure financial solutions. The Sr. Commercial Credit Underwriter is responsible for evaluating the financial condition of individuals and businesses applying for credit, preparing documentation, and guiding other underwriters in the department.
BankingFinancial ServicesLending
Responsibilities
Works independently analyzing complex loan data and financial information on new, renewal and existing loans, including data provided by credit bureaus, other financial institutions and Bank files
Completes Credit Memo/Underwriting of requests for commercial credit, remote deposit capture, and ACH customers with the Bank
Prepares spreadsheets, reports, summaries and opinions for Bank Officers on new, renewal and existing loans
Receivable and other information on customer accounts. Performs quarterly financial reviews identifying possible negative trends
Assigns risk ratings to each borrower of the bank
Provides technical support to loan officers and other credit underwriters
Performs all duties in accordance with prescribed regulatory compliance guidelines
Assumes additional responsibilities as requested
Qualification
Required
Evaluates financial condition of existing and prospective individuals and businesses applying for credit with the Bank
Determines credit worthiness
Prepares and reviews all supporting documentation for underwriting
Recommends approval or rejection of credit requests
Provides guidance to other Credit Underwriters within the department
Works independently analyzing complex loan data and financial information on new, renewal and existing loans
Completes Credit Memo/Underwriting of requests for commercial credit, remote deposit capture, and ACH customers with the Bank
Prepares spreadsheets, reports, summaries and opinions for Bank Officers on new, renewal and existing loans
Performs quarterly financial reviews identifying possible negative trends
Assigns risk ratings to each borrower of the bank
Provides technical support to loan officers and other credit underwriters
Performs all duties in accordance with prescribed regulatory compliance guidelines
Benefits
Comprehensive medical with deductible reimbursement, dental, and vision coverage.
An employer matching 401k plan.
Training and professional development opportunities, including tuition reimbursement.
Work life balance with paid time off, paid volunteer hours, and 11 paid holidays.
Company
Bluestone Bank
Bluestone Bank offers home loans, personal, and business banking services.
Founded in 1872
201-500 employees
Funding
Current Stage
Growth StageLeadership Team
Meg McIsaac
President and CEO
Benjamin Lord
First Senior Vice President, Chief Information & Technology Officer
Recent News
Providence Business News
2023-10-24
Providence Business News
2023-03-28
2023-03-23
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