Commercial Loan Underwriter

MRINetwork; Las Vegas (NV); On-site; USD 90,000 - 120,000; Full time

Job summary

MRINetwork is seeking an experienced Commercial Loan Underwriter in Las Vegas to evaluate and authorize credit requests for C&I and CRE portfolios. You will analyze profitability, cash flow, credit reports, and financial ratios to determine risk and compliance with guidelines.

You will verify collateral, assess borrower management and market conditions, prepare CAMs, and support account officers in loan portfolio management.

Qualifications

• 5+ years of C&I and CRE loan underwriting experience.
• Bachelor’s degree in business, accounting or equivalent training and experience (preferred)
• Knowledge of commercial credit products, concepts, processes, and functions
• Knowledge of business management and planning tools, including financial statements and ratios, budgets, inventory and accounts receivable turnover
• Ability to analyze and interpret financial statements, business reports and legal documents
• Knowledge of applicable federal/state banking regulations
• Effective math skills, including ratios, percentages, interest and amortization
• Good judgment and problem solving skills

Responsibilities

• Evaluate commercial credit requests.
• Prepare and recommend credit authorizations.
• Analyze and interpret profitability, cash flow, credit reports and financial ratios to determine if they meet guidelines.
• Evaluate and verify collateral.
• Analyze borrower's competitive and economic sensitivities, general business conditions and management.
• Determine borrower credit worthiness/risk factors, and recommend risk mitigation measures.
• Prepare credit authorization memorandum (CAM) and recommend credit approval. Includes financial review report and opinion of credit risk.
• Prepare problem loan report and comment on current financial status of borrower.
• Assist account officers with management of loan portfolios.

Skills

Commercial loan underwriting

C&I underwriting

CRE underwriting

Financial statement analysis

Credit risk assessment

Financial ratios

Regulatory knowledge

Mathematical skills

Decision making

Education

Bachelor’s degree in business, accounting or equivalent training and experience

Job description

Actively seeking anexperienced Commercial Loan Underwriter to:

• Evaluate commercial credit requests.
• Prepare and recommend credit authorizations.
• Analyze and interpret profitability, cash flow, credit reports and financial ratios to determine if they meet guidelines.
• Evaluate and verify collateral.
• Analyze borrower's competitive and economic sensitivities, general business conditions and management.
• Determine borrower credit worthiness/risk factors, and recommend risk mitigation measures.
• Prepare credit authorization memorandum (CAM) and recommend credit approval. Includes financial review report and opinion of credit risk.
• Prepare problem loan report and comment on current financial status of borrower.
• Assist account officers with management of loan portfolios.

Job Requirements

• 5+ years ofC&I and CRE loan underwriting experience
• Bachelor’s degree in business, accounting or equivalent training and experience(preferred)
• Knowledge of commercial credit products, concepts, processes, and functions
• Knowledge of business management and planning tools, including financial statements and ratios, budgets, inventory and accounts receivable turnover
• Ability to analyze and interpret financial statements, business reports and legal documents
• Knowledge of applicable federal/state banking regulations Effective math skills, including ratios, percentages, interest and amortization
• Good judgment and problem solving skills