Commercial Loan Underwriter

First Commerce Credit Union; Saint Andrew (FL); On-site; USD 70,000 - 90,000; Full time

Benefits offered by this job

Health, dental, and vision insurance

401(k) with company match

Generous PTO and paid holidays

Job summary

First Commerce Credit Union in Saint Andrew is seeking a Commercial Loan Underwriter to analyze financial data and make informed lending decisions. In this role, you will review loan applications, assess risk, and evaluate collateral to ensure sound lending practices.

The ideal candidate will have a Bachelor's degree, over 5 years of underwriting experience, and strong analytical skills. Join a team dedicated to empowering local businesses and enhancing our community.

Qualifications

• 5+ years of experience in commercial underwriting or credit analysis.
• Familiarity with lending regulations and compliance requirements.
• Expertise in loan structuring and credit evaluation.

Responsibilities

• Review and analyze commercial loan applications and financial data.
• Evaluate collateral to ensure adequate loan security.
• Support underwriting staff and assist with high-value credit relationships.

Skills

Analytical skills

Financial modeling

Communication skills

Knowledge of commercial lending

Ability to manage multiple priorities

Education

Bachelor's degree in finance, business, or a related field

Tools

Microsoft Office

Job description

Ready to Analyze Complex Credits and Make an Impact? Join First Commerce as a Commercial Loan Underwriter!

If you thrive on financial analysis, strategic decision-making, and building strong business relationships, this role is for you. At First Commerce Credit Union, we're committed to being our members' financial partner for life - and our commercial underwriters play a critical role in supporting local businesses and strengthening our communities.

As a Commercial Loan Underwriter, you'll review and analyze commercial loan applications, evaluate financial and credit data, and make informed decisions that support both member success and sound lending practices. You'll also serve as a trusted partner to internal teams, providing guidance on credit quality, risk, and loan structuring.

What You'll be Doing

You’ll perform in-depth analysis of commercial loan requests - reviewing financial statements, tax returns, cash flow, and credit reports to determine repayment ability and overall creditworthiness. You’ll evaluate collateral, including appraisals, title reports, leases, and other supporting documentation to ensure adequate loan security.

Using your expertise, you’ll assess risk through detailed financial modeling, ratio analysis, projections, and stress testing. You’ll also review legal and organizational documents, ensure loan documentation accuracy, and support loan officers with ongoing portfolio management, including annual reviews.

In addition, you’ll take a leadership role by supporting underwriting staff, providing training and guidance, and assisting with complex or high-value credit relationships. You’ll stay up to date on lending policies, regulatory requirements, and industry best practices-ensuring compliance and consistent decision-making across the organization.

What You Bring to the Table

• Bachelor's degree in finance, business, or a related field (or equivalent experience)
• 5+ years of experience in commercial underwriting or credit analysis
• Strong analytical, financial modeling, and decision-making skills
• In-depth knowledge of commercial lending, credit evaluation, and loan structuring
• Excellent communication and collaboration skills with the ability to influence and guide others
• Familiarity with lending regulations and compliance requirements, including fair credit practices
• Ability to manage multiple priorities and work effectively across all levels of the organization
• Proficiency in Microsoft Office and lending systems

Why First Commerce?

We’re a full-service, member-owned credit union with deep roots in the community and a bold vision for the future. Our culture is built on integrity, innovation, and service excellence. At First Commerce, you’re not just joining a company - you’re joining a cause.

What's in It for You?

We believe in taking care of our team just like we take care of our members. Here's what you can expect:

• Competitive compensation aligned with performance
• Health, dental, and vision insurance to keep you and your family covered
• 401(k) with company match to help you build your future
• Generous PTO and paid holidays so you can recharge and enjoy life
• Employee assistance programs for life's unexpected moments
• Ongoing professional development to keep you sharp
• Clear advancement opportunities within a growing organization
• A supportive team environment where your voice matters

Ready to Make an Impact?

Apply today and help us deliver smart lending solutions that empower local businesses and strengthen our communities.

First Commerce Credit Union - Where Service Meets Purpose.