CRE Loan Underwriter — Risk-Smart Commercial Credit

Busey Bank; Peoria (IL); On-site; USD 71,000 - 91,000; Full time

Benefits offered by this job

401(k) match

Profit sharing

Employee stock purchase plan

Paid time off

Medical insurance

Dental insurance

Vision insurance

Life insurance

Disability insurance

Wellness incentives

Employee assistance program

Job summary

Busey Bank in Peoria, IL seeks a Commercial Underwriter focused on CRE loans. The role delivers accurate credit underwriting to support portfolio management and new business development, coordinating with Relationship Managers and Lending staff.

The candidate will analyze financial data, prepare CCAR memos, evaluate collateral, and assist with portfolio management and loan approvals within authority, all while maintaining policy awareness and contributing to pipeline reviews.

Qualifications

• Bachelor's degree with a concentration in Business or Finance.
• Requires 3+ years of Commercial Credit experience.
• Strong oral and written communication skills.
• Proficiency in Microsoft Office Suite.
• Knowledge of financial accounting.

Responsibilities

• Perform financial statement spreading and ratio analysis per guidelines.
• Assess cash flow, liquidity, profitability, and leverage to evaluate credit risk.
• Prepare CCAR memos with loan risk assessment.
• Evaluate collateral and industry data.
• Support portfolio management tasks including covenants and reports.
• Assist Relationship Managers with opportunity memos.
• Maintain knowledge of credit policy and systems like nCino.
• Support sales process with calls.
• Approve or recommend loans within authority.
• Participate in pipeline meetings.

Skills

Communication

Microsoft Office

Financial analysis

Credit underwriting

Independence

Education

Bachelor's degree in Business or Finance

Tools

nCino

Job description

Busey Bank in Peoria, IL seeks a Commercial Underwriter focused on CRE loans. The role delivers accurate credit underwriting to support portfolio management and new business development, coordinating with Relationship Managers and Lending staff.

The candidate will analyze financial data, prepare CCAR memos, evaluate collateral, and assist with portfolio management and loan approvals within authority, all while maintaining policy awareness and contributing to pipeline reviews.