Commercial Underwriter II

American National Bank & Trust; Fort Worth (TX); On-site; USD 85,000 - 120,000; Full time

Job summary

American National Bank & Trust in Fort Worth, TX seeks a Commercial Underwriter II to independently underwrite complex commercial and CRE transactions and provide structuring recommendations.

You will serve as a key advisor to lenders and credit leadership on risk identifications and mitigation, handling mid-size CRE loans, construction lending, investor real estate portfolios, and credit facilities with a focus on accuracy and analytical problem-solving.

Qualifications

• Underwrite commercial and CRE transactions independently.
• Direct underwriting experience in CRE required.
• Bachelor's degree in finance or related field.

Responsibilities

• Underwrite commercial and CRE transactions independently.
• Analyze complex borrower structures including multi-entity businesses, partnerships/LLCs, borrowing bases and complex collateral.
• Stress test assumptions (interest rate sensitivity, vacancy/absorption, cap rate changes).
• Recommend loan structures with covenants, collateral packages and guarantor support.
• Participate in problem loan discussions and portfolio monitoring.
• Perform other duties as assigned by Supervisor.

Skills

10-key proficiency

Communication skills

Mathematical skills

Critical thinking

Independent credit judgment

Planning and organizational skills

Decision-making

Mental demands / multitasking

Analytical ability

Public contact

Interpersonal skills

Accuracy / attention to detail

Education

Bachelor's degree in Finance, Accounting, Economics, or related discipline

High school diploma or GED

Job description

The Commercial Underwriter II independently underwrites complex commercial and commercial real estate transactions and provides structuring recommendations. This role serves as a key advisor to lenders and credit leadership on risk identifications and mitigation. Deal complexity includes mid-size commercial real estate loans, construction lending, investor real estate portfolios, commercial operating companies, and structures credit facilities.

ESSENTIAL FUNCTIONS:

• Independently underwrites commercial and commercial real estate transactions.
• Analyzes complex borrower structures including:
  • Multi-entity businesses
  • Partnership and LLC structures
  • Borrowing bases
  • Complex collateral structures
• Stress tests assumptions including:
  • Interest rate sensitivity
  • Vacancy and absorption
  • Cap rate changes
• Recommends loan structures including:
  • Covenants
  • Collateral packages
  • Guarantor support
• Participates in problem loan discussions and portfolio monitoring.
• All other duties as assigned or requested by Supervisor.

Requirements

REQUIRED SKILLS:

• Must be proficient with 10-key (by touch); alpha/numeric data entry; spreadsheets, word processing, basic typing and excellent PC skills.
• COMMUNICATION SKILLS: Ability to read, analyze and understand general business- and company-related articles and professional journals; ability to speak effectively before groups of customers and/or employees. Must possess excellent interpersonal and customer service skills.
• MATHEMATICAL SKILLS: Ability to calculate figures & amounts such as discounts, interest, commissions, proportions, percentages, area, circumference & volume; ability to apply concepts such as fractions, ratios & proportions to practical situations.
• CRITICAL THINKING SKILLS: Ability to solve practical problems and deal with a variety of known variables in situations where only limited standardization exists; ability to utilize common sense understanding in order to carry out written, oral or diagrammed instructions; ability to deal with problems involving several known variables in situation of a routine nature.
• SUPERVISION RECEIVED: Under general supervision where standard practice enables the employee to proceed alone on routine work, referring any questionable cases or issues to direct supervisor.
• PLANNING: Considerable responsibility with regard to general assignments in planning time, method, manner and/or sequence of performance of own work; may also occasionally assist in the planning of work assignments performed by others within a limited area of operation. Must possess excellent organizational skills and attention to detail.
• DECISION-MAKING: Performs work operations which permit frequent opportunity for decision-making of minor importance. Must possess independent and objective credit judgment.
• MENTAL DEMAND: Very close mental demand; operations requiring very close and continuous attention for control of operation requiring a high degree of coordination or immediate response; intermittent direct thinking to determine or select the most applicable way of handling situations regarding the company’s administration and operations; also determine or select material and equipment where highly variable sequences are involved. Must be able to work effectively while multi-tasking in a high volume environment.
• ANALYTICAL ABILITY / PROBLEM-SOLVING: Must have strong analytical and problem-solving skills. Ability to learn new products and services and apply that knowledge.
• PUBLIC CONTACT: Regular contact with patrons where initiated by employee; involves furnishing and obtaining information and attempting to influence the decisions of those persons contacted; contacts of considerable importance that failure to exercise proper judgment may result in important tangible or intangible losses to company.
• EMPLOYEE CONTACT: Regular contact with co-workers within the department, office or enterprise, which will require coordination of efforts generally in the normal course of performing duties; requires tact in discussing problems, presenting data and making recommendations.
• ACCURACY: Probable errors of internal and external scope would have a moderate effect on the operational efficiency of the organizational component concerned; errors might possibly go undetected for a considerable amount of time, creating an inaccurate picture of an existing situation.

PHYSICAL REQUIREMENTS and WORKING CONDITIONS:

While performing the essential functions of this job, this position is regularly required to sit or stand, talk or hear; required to reach with their hands and arms and occasionally walk, climb or balance; may occasionally lift, move, push or pull up to 10 pounds. Specific vision abilities required by this job include close vision. This is an indoor position and the noise level in the work area is usually moderate.

REQUIRED EXPERIENCE:

High school degree or GED equivalent; bachelor’s degree in finance, Accounting, Economics, or related discipline, plus 3-5 years of related experience, and/or training or equivalent combination of education and experience. Direct experience underwriting commercial real estate required.

REPORTING RELATIONSHIP:

This position reports directly to the SVP/Senior Credit Officer/Internal Loan Review. The SVP/Senior Credit Officer/Internal Loan Review reports to the EVP/Chief Risk Officer, who reports to the EVP/Chief Financial Officer. The EVP/Chief Financial Officer reports to the President of American National Bank & Trust, who, in turn reports to the CEO of American National Bank & Trust.

DISCLAIMER:

This job description is representative only and not an exclusive or exhaustive list of all job functions that an employee in this position may be asked to perform from time to time. Duties and responsibilities may be changed, expanded, reduced or delegated by Management to meet the business needs of the organization.

This document in no way constitutes an offer of employment or a contract of employment. ANB&T reserves the right to modify job descriptions, policies or any other procedural document at any time, for any reason, with or without prior notice.

“ANB&T is an Equal Opportunity / Disability / Protected Veteran Status Employer.”