Commercial Underwriter II

First Financial Bank; Greensburg (IN); On-site; USD 58,000 - 78,000; Full time

Job summary

First Financial Bank is seeking a Commercial Underwriter II to progress from underwriting basics to handling more complex commercial loan relationships with guidance. The role emphasizes financial statement analysis, risk assessment, and decision-making within bank policies, collaborating with relationship managers and credit teams to determine creditworthiness and structure loans accordingly.

Ideal candidates bring 3–5 years of underwriting experience, strong math skills, and MS Office

Qualifications

• Bachelor’s degree required with three to five years of credit or Business Banking underwriting experience.
• Proficiency in mathematical concepts and accounting principles.
• Strong interpersonal and communication skills with attention to detail and planning.
• Ability to work independently on multiple tasks while maintaining quality.
• Experience with MS Office and internet resources; team-oriented approach.

Responsibilities

• Performs financial analysis and risk assessment for the commercial credit portfolio within Business Banking, Commercial & Industrial, Commercial Real Estate, or Specialty Commercial lines. Focus on new business and larger/complex renewals.
• Reviews loan applications and analyzes credit information to assess creditworthiness and conformity with lending policy; collaborates with Sales and Credit teams.
• Works with relationship managers and portfolio managers during underwriting, including discussions with clients on credit questions.
• Performs financial statement spreads and covenant testing for existing clients not assigned to credit portfolio analyst.
• Completes accurate Credit Memos for presentation to credit authorities for decision-making on new loan requests, renewals, and modifications; provides commentary in memos.
• Assists in management of workflow and assigned credits.
• Attends local/regional meetings.

Skills

Underwriting experience

Mathematical proficiency

Accounting principles

Interpersonal skills

Organizational skills

Independent work

MS Office

Team player

Education

Bachelor’s Degree in Accounting/Finance/Economics/Business Administration

Master’s Degree in Business

Tools

Microsoft Office

Job description

We do the right things, right now. We do them in a way that is relevant to our clients. Become a part of our history as it continues to be written!

The Commercial Underwriter II is expected to build proficiency in underwriting, developing the ability to complete the underwriting process from beginning to end with limited oversight. As the associate progresses in learning objectives, they will begin to underwrite increasingly complex commercial relationships to determine the creditworthiness of applicants within bank credit policies and guidelines. This role involves financial statement analysis, risk assessment and strategic decision making with guidance from the Associate Credit Officer and experienced underwriters. The position requires intermediate knowledge of underwriting principles and strong decision making skills.

Essential Functions/Responsibilities

• Performs financial analysis and risk assessment for the commercial credit portfolio Within the Business Banking , Commercial & Industrial, Commercial Real Estate, or Specialty Commercial (Asset Based, Structured Cash Flow and ESOP) business lines of the Bank. Focus on new business and larger and/or more complex renewal transactions.
• Reviews commercial loan applications and analyzes credit information on commercial applicants to make a general assessment of applicant’s creditworthiness. Determines whether or not the proposed loan will conform to the Bank’s lending policy. Provide feedback to the Sales and Credit teams, as appropriate, regarding the structure, underwriting, and management of loans. Maintain on-going communication with all appropriate management on the status of transactions.
• Work directly with relationship managers and portfolio managers during underwriting process, including discussion with clients on credit and financial statement questions.
• Financial statement spreads and covenant testing for existing clients not assigned to credit portfolio analyst.
• Complete accurate Credit Memos for presentation to the appropriate credit authorities for decision-making on new loan credit requests, renewals, loan modifications, and periods credit reviews. Provide commentary within the credit memo as to underwriter support of such credit request or review.
• Assist in the management of workflow and assigned credits
• Attend local/ regional meetings

Minimum Knowledge, Skills, and Abilities Needed to Perform Essential Functions of the Job

• Bachelor’s Degree, preferably in Accounting, Finance, Economics, Business Administration
• Three to five years of credit or Business Banking underwriting experience
• Proficiency in mathematical concepts, in order to apply to practical situations.
• Knowledge of advanced accounting principles and techniques
• Strong interpersonal and communication skills
• Strong organizational skills with attention to detail, planning and follow-up
• Ability to work independently on multiple tasks without compromising quality
• Proficient use of Microsoft Office and other internet resources
• Team oriented

Preferred Knowledge And Skills

• Master’s Degree in Business

Level of Complexity and Scope

• Manages a broad range of commercial loan applications across various industries and risk factors. The complexity is heightened by the need to understand intricate business operations, financial health, and industry-specific risk

Degree of Independence and Decision-Making

• Moderate to high level of independence compared to entry-level positions. They are expected to make decisions on underwriting commercial loan applications, assess risk, and underwriting decisions with a certain level of autonomy.

Required Supervisory Responsibilities

• No direct supervisory responsibilities.

Physical Requirements

• Prolonged periods of deskwork.
• Frequent use of computer, keyboard, phone and office equipment.
• Occasional moving within the office or to other locations within the building.
• Occasionally lifting and carrying light objects, typically up to 10-15 pounds.
• Occasionally reaching for items on shelves or in drawers.
• Clear and effective communication in person and over the phone.
• Ability to move within an office environment.

Compliance Statement

The associate is responsible for meeting all compliance requirements imposed on First Financial Bank by State and Federal law and regulation, as well as all related First Financial Bank policies and procedures. This includes all Bank Secrecy Act, Anti-Money Laundering, OFAC and Suspicious Activity reporting requirements, as well as all other lending and deposit compliance requirements.

Pay Range

$58,000/year to $78,000/year

Benefits

We have relevant, thoughtful benefits and programs that support every aspect of our associates' holistic wellbeing. Please review our Benefits Guide.

Incentive Eligibility

All roles are incentive eligible with the exception of Co-Op, Intern, or Student positions.

It is our policy to not discriminate against any individual in violation of federal, state, and local laws as it relates to age, race, color, religion, national origin, sex, marital status, pregnancy, gender identity, disability, sexual orientation, genetic information, veteran/military service, or any other characteristic protected by law.

We are an E-Verify Employer.