Commercial Loan Underwriter

Woodforest; Town Center (TX); On-site; USD 85,000 - 120,000; Full time

Benefits offered by this job

Employee Stock Ownership Plan (ESOP)

401(k) Match

Paid Time Off

Medical Coverage

Job summary

Woodforest is seeking a Commercial Loan Underwriter to independently analyze, underwrite, and recommend credit decisions for commercial lending relationships in accordance with bank policy and regulatory guidance.

You will evaluate borrower creditworthiness, assess repayment capacity, analyze collateral, and prepare comprehensive credit memorandums to support lending decisions while maintaining asset quality.

Qualifications

• 2+ years of commercial credit analysis/underwriting experience.
• Experience underwriting middle-market, commercial real estate, and/or C&I lending relationships.
• Bachelor's degree in Finance, Accounting, Economics, Business Administration, or related field.

Responsibilities

• Analyze commercial loan requests including C&I, owner-occupied real estate, investor real estate, construction, and specialty lending.
• Assess borrower/guarantor financial strength using financial statements, tax returns, cash flow, leverage and profitability metrics.
• Prepare credit approval memorandums and underwriting analyses.

Skills

Analytical skills

Strong communication

Time management

Credit analysis software

Education

Bachelor's degree in Finance/Accounting/Economics/Business Administration

Advanced credit analyses preferred

Tools

Credit analysis software

Job description

Job Description - Commercial Loan Underwriter (076073)

Your Future Starts Here!

Commercial Loan Underwriter - 076073

Description

The Commercial Loan Underwriter is responsible for independently analyzing, underwriting, and recommending credit decisions for commercial lending relationships in accordance with bank policy, regulatory guidance, and safe-and-sound banking practices. The role evaluates the creditworthiness of borrowers, assesses repayment capacity, analyzes collateral protection, identifies risks, and prepares comprehensive credit memorandums to support lending decisions while maintaining strong asset quality and regulatory compliance.

Key Responsibilities

• Analyzes commercial loan requests, which may include C&I, owner-occupied real estate, investor real estate, construction, and specialty lending.
• Evaluate borrower and guarantor financial strength through detailed analysis of:
  • Historical and projected financial statements
  • Tax returns
  • Cash flow and debt service coverage
  • Liquidity, leverage, and profitability metrics
  • Industry and market conditions
• Assess repayment sources and identify potential credit risks.
• Determine appropriate loan structures, terms, covenants, collateral requirements, and guarantor support.
• Ensure underwriting recommendations align with the Bank's risk appetite and credit culture.
• Assign and recommend risk ratings consistent with regulatory guidance and bank policy.
• Identify emerging risks and concentrations by industry, geography, collateral type, and borrower relationship.
• Evaluate sensitivity to economic, market, and interest rate changes.

Loan Structuring & Documentation

• Prepare detailed credit approval memorandums and underwriting analyses.
• Verify completeness and accuracy of borrower financial information and supporting documentation.
• Review appraisals, environmental reports, credit reports, UCC filings, collateral documentation, and other due diligence materials.
• Confirm compliance with approved loan structures and internal lending authorities.

Regulatory Compliance

• Ensure all underwriting activities comply with:
  • OCC regulations and guidance
  • Safe and Sound Banking Practices
  • Bank Secrecy Act (BSA)
  • Anti-Money Laundering (AML) requirements
  • Community Reinvestment Act (CRA), where applicable
  • Internal credit policies and procedures
• Participate in annual reviews, renewals, modifications, and portfolio monitoring.
• Recommend risk mitigation strategies as needed.
• Strong understanding of:
  • Commercial credit analysis
  • Financial statement analysis
  • Cash flow modeling
  • Commercial loan structuring
  • Commercial real estate and C&I lending
• Excellent written and verbal communication skills.
• Strong analytical and problem-solving abilities.
• Ability to work independently and manage multiple priorities in a deadline-driven environment.
• Proficiency in commercial spreading and credit analysis software.

Qualifications

Minimum Qualifications/Experience

• 2+ years of commercial credit analysis/underwriting experience
• Experience underwriting middle-market, commercial real estate, and/or C&I lending relationships.

Formal Education & Certification

• Bachelor's degree in Finance, Accounting, Economics, Business Administration, or related field.
• Advanced credit analyses preferred.

Supervisory Responsibility

• Four or more direct reports

Travel

• No overnight travel expected

Working Conditions

• Conditions involve lifting no more than ten pounds, sitting, but may involve walking, moving, or standing for brief periods, and occasionally lifting and carrying articles like files, ledgers, folders, etc.

Disclaimer

This job description is not a comprehensive listing of activities, duties or responsibilities required of the employee. Nothing herein restricts management's right to assign or reassign duties and responsibilities to this job at any time.

Woodforest is an Equal Opportunity Employer, including Disability and Veterans.

Job

Lending

Primary Location

Texas-The Woodlands

Schedule

Full-time

Work Locations

TX - Towncenter-0312 1330 Lake Robbins Dr. The Woodlands 77380

Unposting Date

Ongoing

Organization

Texas - Houston

Strong Culturebuilt on our Core Values: Integrity, Ownership, Service and Community. It's not just talk. We walk the walk, from the CEO to front-line employees.

• Be an Owner and take control of your future with our Employee Stock Ownership Plan (ESOP), where your hard work translates into real ownership and an opportunity to share in the growth of Woodforest.
• 401(k) Company Match in ESOP Woodforest adds 50₵ for each $1 you save (up to 6% eligible pay). The match is made in Woodforest stock held in your ESOP account.
• Opportunities for Long-Term Growth Take advantage of growth opportunities and professional development to advance in your career.
• Banking Products & Services providing convenience, financial savings, and enhanced support to help you achieve your financial goals.
• Competitive Base Pay and regular compensation reviews to ensure you continue to earn competitive pay.
• Paid Time Away Branch Banking employees are offered PTO. Corporate employees are offered paid vacation and sick time.
• Medical Coverage 12 comprehensive plans available at an affordable cost!
• Short and Long-Term Disability & Life, AD&D Insurance 100% paid for by Woodforest plus other benefits available that will help ensure you and your family are confident and well-prepared for whatever comes your way.
• Well-being Program (Employee Assistance Program) that helps you take care of your physical, mental, and financial health.
• Resource Champions are available to connect you to comprehensive services including expert banking, wealth planning, ESOP, health & wellness programs, impactful community involvement & financial literacy education.

This information highlights our rewards and benefits but is not a complete description of our total rewards program. Woodforest reserves the right to modify, amend, suspend, or terminate any reward or benefit at any time for any reason. If there is a conflict between the information and the actual plan documents or policies, the documents or policies will always govern. The information should in no way be construed as a promise or guarantee of employment.

Woodforest National Bank is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to any factor, including veteran status and disability status, protected by applicable federal, state, or local laws.

Woodforest National Bank services customers across Alabama, Florida, Georgia, Illinois, Indiana, Kentucky, Louisiana, Maryland, Mississippi, New York, North Carolina, Ohio, Pennsylvania, South Carolina, Texas, Virginia and West Virginia.