Commercial Underwriter I: Credit Risk & Analysis

Busey Bank; Town of Tomahawk (WI); On-site; USD 76,000 - 96,000; Full time

Benefits offered by this job

401(k) match

Profit sharing

Employee stock purchase plan

Medical insurance

Dental and vision

Job summary

Busey Bank is seeking a Commercial Underwriter to deliver precise credit underwriting to support portfolio management and new business development. You will analyze financial statements, assess risk, and collaborate with lending staff to prepare clear approval memos.

The role includes portfolio monitoring, covenant testing, and supporting Relationship Managers on calls. The candidate should have a bachelor’s degree in Business or Finance and at least 3 years of Commercial Credit experience, with

Qualifications

• Bachelor’s degree in Business or Finance.
• 3+ years of Commercial Credit experience.

Responsibilities

• Spread and analyze financial statements per Busey guidelines.
• Assess cash flow, liquidity, profitability, and leverage to evaluate credit risk.
• Prepare CCAR memos with loan risk analysis.
• Evaluate collateral and industry data.
• Support portfolio management including covenants monitoring.
• Assist Relationship Managers with opportunity memos for new and existing relationships.
• Adhere to the Commercial Banking Loan Policy and nCino systems.
• Assist in sales through customer and prospect calls.
• Approve loans within authority and escalate exceeds.
• Participate in pipeline meetings for opportunities and renewals.

Skills

Communication

Office Proficiency

Financial accounting

Multitasking

Problem solving

Independence

Education

Bachelor’s degree in Business or Finance

Tools

Microsoft Office

Job description

Busey Bank is seeking a Commercial Underwriter to deliver precise credit underwriting to support portfolio management and new business development. You will analyze financial statements, assess risk, and collaborate with lending staff to prepare clear approval memos.

The role includes portfolio monitoring, covenant testing, and supporting Relationship Managers on calls. The candidate should have a bachelor’s degree in Business or Finance and at least 3 years of Commercial Credit experience, with