Commercial Credit Underwriter - Loan Analysis

DR Bank; Connecticut; On-site; USD 57,000 - 70,000; Full time

Benefits offered by this job

401(k)

401(k) matching

Flexible spending account

Health insurance

Life insurance

Paid time off

Vision insurance

Job summary

DR Bank is seeking a Credit Associate responsible for underwriting new loan requests and daily monitoring of the loan portfolio. The role emphasizes adherence to bank guidelines and accurate documentation to support sound lending decisions.

You will evaluate credit requests, analyze risk, prepare approval packages, review legal documents, and contribute to policy development. The position requires strong analytical skills, Excel/Word proficiency, and integrity in a fast-paced banking environment

Qualifications

• 3+ years of experience within the banking industry with a focus on credit.
• Familiarity with tax returns, financial statements (balance sheet, income statement, statement of cash flows), and loan documentation.
• Knowledge of different types of commercial and personal loans and their rates and spreads.
• Extensive Microsoft Office Excel and Word expertise.
• Strong analytical thinking, attention to detail, and communication skills.
• Ability to work in a fast-paced environment and maintain confidentiality.

Responsibilities

• Underwrite new loan requests and monitor existing loans.
• Review and evaluate credit requests with bank guidelines, leading to approval, conditional approval, denial or restructure.
• Analyze risk, identify mitigants, and assign risk ratings for loan requests.
• Prepare and review legal documentation for existing and new loan requests.
• Monitor loan and department approvals and ensure data accuracy.
• Perform quality control analysis to minimize loan documentation errors.
• Publish the DRB Loan Policy and compile appendices.
• Engage in special projects as needed.

Skills

Credit analysis

Financial statement analysis

Analytical thinking

Attention to detail

Communication skills

Organization

Adaptability

Integrity and confidentiality

Education

College degree or equivalent

Tools

Excel

Word

Job description

DR Bank is seeking a Credit Associate responsible for underwriting new loan requests and daily monitoring of the loan portfolio. The role emphasizes adherence to bank guidelines and accurate documentation to support sound lending decisions.

You will evaluate credit requests, analyze risk, prepare approval packages, review legal documents, and contribute to policy development. The position requires strong analytical skills, Excel/Word proficiency, and integrity in a fast-paced banking environment