Commercial Loan Underwriter - Job # 3842-20747

Symicor Group; Houston (TX); On-site; USD 113,000 - 138,000; Full time

Benefits offered by this job

Full benefits package

Job summary

The Symicor Group is seeking a Commercial Loan Underwriter in Houston, TX, to analyze financial data and underwrite commercial loans for creditworthiness in accordance with policy and regulations. The role offers a salary up to $125K and a full benefits package, not a remote position.

Candidates need 5-7 years’ underwriting experience in middle-market CRE and C&I loans, along with strong cash flow, ratio, and projection skills, plus knowledge of real estate appraisal techniques and banking

Qualifications

• Bachelor’s degree in business administration, finance, accounting, or economics.
• Five or more years’ experience in Commercial Banking / Lending.
• Experience with cash flow analysis, ratio analysis, and projections is required.
• Strong knowledge of real estate appraisal techniques, field audit examination techniques, and commercial banking regulations is required.
• Formal bank commercial credit training is a plus.
• Must have strong knowledge of Word, Excel, Sage Works, Outlook, and other bank information systems as required.
• Solid qualitative and quantitative analytical skills required.
• Excellent analytical, conceptual, writing, and communication skills.
• Possesses strong organizational skills and can work with limited supervision.
• Existing knowledge of assigned marketplace preferred.

Responsibilities

• Underwrite middle-market CRE and C&I loans, manage processing and closing in line with policies.
• Analyze financial data, balance sheets, income statements, and cash flows to assess repayment ability.
• Prepare written loan term summaries and risk narratives.
• Identify and mitigate risks; assign risk ratings and structure loan terms.
• Interact with account officers to negotiate terms and ensure compliance with regulations.

Skills

5-7 years experience

Cash flow analysis

Ratio analysis

Projections

Real estate appraisal techniques

Banking regulations

Analytical skills

Writing & communication

Organizational skills

Limited supervision

Education

Bachelor’s degree in business administration, finance, accounting, or economics

Tools

Word

Excel

Sage Works

Outlook

Job description

Commercial Loan Underwriter – To $125K – Houston, TX – Job # 3842-20747

Who We Are:

The Symicor Group is a boutique talent acquisition firm based in Schaumburg, IL & Rockport, TX. Our nationally unique value proposition centers around providing the very best available banking and accounting talent. In fact, most of our recruiters are former bankers or accountants themselves!

We know how to evaluate the very best banking and accounting talent available in the market. Whether you are a candidate seeking a new opportunity or a bank or company president trying to fill an essential position, The Symicor Group stands ready to deliver premium results for you.

The Position:

Our bank client is seeking to fill a Commercial Loan Underwriter role in the Houston, TX market. The successful candidate will be responsible for preparing written, in-depth credit analyses for commercial loans. The candidate will analyze financial information and underwrite the creditworthiness of borrowers to ensure compliance with loan policy and all regulatory laws and regulations.

This position offers a generous salary of up to $125K and a full benefits package. (This is not a remote position).

Commercial Loan Underwriter responsibilities include:

• Must have 5-7 years of experience underwriting middle-market CRE and C&I Loans.
• Managing the loan underwriting process by underwriting, processing, and coordinating the closing of business loans in compliance with the Bank’s lending policies and procedures, and federal & state regulations.
• Collecting and analyzing financial data, financial condition, and level of risk related to various types of borrowing entities and individuals, including financial statement analysis, collateral evaluations, trend analysis, ratio, and industry analysis.
• Preparing a written summary of loan terms and conditions and a written narrative explaining the business background, outlining risk factors, and justifying the assigned risk rating.
• Conducting a thorough review of balance sheets, income statements, cash flow statements, tax returns, business plans, and projections presented by applicants to assess their ability to generate income sufficient to repay existing and proposed debt.
• Identifying risks and assisting in structuring loans to mitigate risks.
• Assigning appropriate risk ratings.
• Interacting with account officers to negotiate loan terms and following up on information required to make decisions on the application.
• Complying with all bank policies, procedures, state and federal banking laws, and regulations.
• Serving on task forces and committees as assigned.

Who Are You?

You’re someone who wants to influence your own development. You’re looking for an opportunity where you can pursue your interests and your passion. Where a job title is not considered the final definition of who you are, but merely the starting point for your future.

You also bring the following skills and experience:

• Bachelor’s degree in business administration, finance, accounting, or economics.
• Five or more years’ experience in Commercial Banking / Lending.
• Experience with cash flow analysis, ratio analysis, and projections is required.
• Strong knowledge of real estate appraisal techniques, field audit examination techniques, and commercial banking regulations is required.
• Formal bank commercial credit training is a plus.
• Must have strong knowledge of Word, Excel, Sage Works, Outlook, and other bank information systems as required.
• Solid qualitative and quantitative analytical skills required.
• Excellent analytical, conceptual, writing, and communication skills.
• Possesses strong organizational skills and can work with limited supervision.
• Existing knowledge of assigned marketplace preferred.