This position plays an integral role on the Commercial Banking Relationship Team. The individual will work directly with Relationship Managers, Credit Officers, Credit Process Managers, and other Underwriters to analyze new commercial credit opportunities, underwrite new or renewed credit exposure, and manage a portfolio of loans and other credit relationships. The successful candidate will attend client and prospect meetings, gather information and perform research in order to indentify, quantify, and mitigate underwriting risk inherent in a commercial lending function. The candidate will be expected to develop strong working relationships with client management, internal teammates, credit officers, attorneys, auditors and other bankers. In some markets the associate may be assigned a portfolio of credits for which they will have primary portfolio management, monitoring and oversight responsibilities.
Key Responsibilities Include:
Analyzes individual company performance and the impact of industry and competitive dynamics and macroeconomic events on the creditworthiness of clients and prospects
Provides in-depth analysis of financial statements, projections and business plans
Determines the appropriate risk rating for a company
Recommends and models appropriate loan structures and completes pricing models
Prepares in-depth loan approval documents for new loans, amendments, and renewals
Completes ongoing periodic credit servicing of loans within the portfolio including obtaining and analyzing financial statements, compliance certificates, and borrowing bases
Ensures compliance with internal bank credit policy and external regulatory requirements
Two years of commercial credit underwriting and portfolio management experience
A high school diploma or GED and 3 years of related commercial banking experience will also qualify.
Excellent written and verbal communication skills are a must
Proficient with Excel – knowledge of basic excel modeling and formulas – as well as other standard Microsoft products
Degree in Accounting or Finance
Formal credit training
Knowledge of standard banking applications such as Moody’s Risk Analyst