Commercial Underwriter ll

Aquarius Staffing; Greensburg (IN); On-site; USD 65,000 - 95,000; Full time

Job summary

Aquarius Staffing in Greensburg, IN, seeks a Commercial Underwriter II for a top banking institution. You will assess credit risk, analyze financial statements, and prepare memos for loan approvals.

The role covers Business Banking, C&I, CRE, and related lines, with ongoing communication to management on transaction status. The candidate should have 3–5 years of underwriting experience and a Bachelor’s degree in a related field; Master’s degree is encouraged but not required.

Qualifications

• Bachelor’s degree in accounting, finance, economics, business administration or equivalent.
• Three or more years of related underwriting experience.
• 3–5 years of credit or business banking underwriting experience.
• Proficiency in mathematical concepts and accounting principles.

Responsibilities

• Performs financial analysis and risk assessment for the commercial credit portfolio including various business lines.
• Reviews loan applications and assesses borrower creditworthiness against lending policy.
• Prepares credit memos for new and renewal requests on complex credits.
• Coordinates with relationship managers and credit authorities for loan decisions.

Skills

Strong interpersonal & communication

Mathematical concepts

Accounting principles

Credit underwriting

Education

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

Master’s Degree in Business (encouraged but not required)

Job description

Would you like the opportunity to be a vital asset to one of the top banking institutions in the area? Don't miss your chance and apply now!

What you will be doing as the Commercial Underwriter ll:

• Performs financial analysis and risk assessment for the commercial credit portfolio including Business Banking , Commercial & Industrial, Commercial Real Estate, and any other business line established by Bank.
• Review commercial loan applications and analyzes credit information 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 Business Unit Manager, Regional and/or Market President, Senior RM and Commercial Credit Officer (CO), as appropriate, regarding the structure, underwriting, and management of loans. Maintain on-going communication with all appropriate management on the status of transactions.
• Spread statements for all new business opportunities and renewals not assigned to credit portfolio analyst. Financial spreading and cash flow/CRE template preparation for pre-screen/opportunity memo for prospects and new loans to existing clients.
• Prepare credit memos for new and renewal requests on complex credits and large clients, including those going before the Senior Credit Committee. This position could also serve as point of contact on large credits and/or will be assigned a portfolio of clients
• Work with Commercial Relationship Managers in the preparation of complete and accurate CARs for presentation to the appropriate credit authorities for decisions on transaction credit requests and reviews. Attendance of loan committees when a CAR is being presented. Finalization of changes to CAR and verification of approval process in accordance with FFB policy.
• Work directly with Senior Relationship Managers, Business Unit Managers, and Regional Presidents in respective region. Includes attending local / regional meetings, as necessary.
• Focus on new business and larger and/or more complex renewal transactions.
• Serve as additional point of contact on large credits and be present with RM/RA in discussions with client on financial statement questions. Assist RM/RA in maturity tracking for their assigned region. In conjunction with the CO, lead in the preparation of periodic portfolio reports assessing on-going risk.
• Assist in the management of workflow and assigned credits
• Support underwriting for specialty lending / lines of business including equipment finance, ABL

What you will need as the Commercial Underwriter ll:

• Bachelor’s Degree, preferably in Accounting, Finance, Economics, Business Administration or equivalent professional training; Master’s Degree in Business, encouraged but not required
• Three or more years of related experience
• Requires at least 3 – 5 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