Commercial Loan Underwriter

Glen Cove, NY

Full Time

Credit Aminstration

Mid Level

Purpose:
The Commercial Loan Underwriter will evaluate the credit worthiness of clients and determine their ability to repay loans and lines of credit. Salary Range $100k - $130K commensurate with experience (This is not a remote position)
Essential Job Functions:

Perform financial, cashflow, and credit risk analysis of commercial loan requests
Ability to create interpret and understand tax returns, financial statements, personal financial statements, accounts receivable aging schedules, rent rolls, etc.
Ability to create Excel spreadsheets from the documents listed above.
Interpret and understand appraisal reports, environmental reports, credit bureau reports, ACRIS, LexisNexis,4506-C, etc.
Write thorough and concise loan memoranda supporting recommended lending requests.
Familiarity and adherence to the Bank’s Lending Policy.
Order investigative reports to assist with loan underwriting.
Maintain shared system document portfolio in accordance with Bank standards.
Identify potential credit problems and make recommendations to senior management.
Interact professionally with team members, and other departments within the Bank such as retail branches, loan officers, Loan Administration/Operations, etc.
Assist with other department tasks as needed.

Required Knowledge, Skills and Abilities:

Prior commercial loan underwriting experience at a commercial bank
Experience and familiarity with commercial loan underwriting; CRE and C&I
Ability to understand tax returns, financial statements, and other pertinent financial documents
Ability to write thorough, yet concise, loan request memoranda
Excellent attention to details, and ability to adhere to established Bank lending policies
Ability to communicate professionally and concisely with Bank attorneys and brokers.
Fluent with Excel, Word, and Outlook applications

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Do you possess prior commercial loan underwriting experience at a commercial bank?*

Are you familiar with commercial loan underwriting both CRE and C&I?*

Do you understand this is not a remote position and you are required to work out of our Glen Cove office?*

Are you 18 years of age or older?*

Can you provide the necessary documentation to prove that you are a U.S. citizen, permanent resident, or a foreign national with authorization to work in the United States?*

Do you have any family members who are currently employed/have been employed by this company? If yes, what is the family member's name?*

Have you ever been discharged or forced to resign from any previous place of employment? If yes, please explain.*

Do you possess excellent computer skills in a Microsoft Windows environment, including proficiency in Excel, Word, and Outlook applications?*

Have you ever been employed and/or applied for employment by this company?*

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First Central Saving Bank

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Commercial Loan Underwriter

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