National Commercial Underwriting Manager I

Jobtailor; New Jersey; On-site; USD 120,000 - 210,000; Full time

Job summary

Jobtailor is hiring a senior Commercial Credit Manager in New Jersey to lead underwriting, structuring, and credit administration for a diversified portfolio. You will guide a team of credit professionals, set risk thresholds, and ensure adherence to banking policies and regulatory standards.

You will drive risk-based credit decisions, mentor staff, and collaborate with Sales and Risk management to optimize performance and portfolio quality in a demanding banking environment.

Qualifications

• Undergraduate degree preferred.
• 10+ years of relevant commercial lending relationship management, underwriting, and/or adjudication experience.
• Prior lending authority of at least $1 million preferred.
• SBA/Agency or specialty lending experience preferred.
• Prior people management experience preferred.

Responsibilities

• Lead and manage credit underwriting and administration for an assigned portfolio.
• Establish Borrower Risk Ratings and Facility Risk Ratings for new and existing relationships.
• Direct Centralized Credit Management staff in portfolio monitoring and origination.
• Hire, train, and develop staff; manage performance and compensation decisions.
• Lead underwriting team in adjudicating credits of varying complexity.
• Ensure risk policies are followed and regulatory audits are successful.

Skills

Credit Underwriting

Credit Administration

Risk Policies

Loan Decision Authority

Credit Structuring

Portfolio Monitoring

Regulatory Compliance

Performance Management

SBA Lending

Adjudication

Education

Undergraduate degree

Tools

Credit Management Software

Portfolio Management Systems

Loan Production Systems

Compliance Monitoring Tools

Analytical Software

Job description

Responsibilities

• Manage credit underwriting and credit administration functions for an assigned portfolio
• Establish credit structure, Borrower Risk Ratings, and Facility Risk Ratings for new and existing credit relationships
• Direct Centralized Credit Management staff in portfolio monitoring and origination of new credit exposure
• Manage a team of commercial credit professionals, including Commercial Credit Underwriters
• Hire talent, set goals, develop staff, manage performance and compensation decisions, promote teamwork, and handle disciplinary actions
• Lead a commercial underwriting team adjudicating credits of varying complexity
• Guide proper structuring of new and existing credit exposure within the bank’s risk appetite
• Ensure adherence to risk policies and implement operational risk processes, policies, and practices
• Drive satisfactory regulatory, loan review, internal, and compliance audits
• Exercise loan decision authority within credit-policy limits and attain and exercise exception and high-risk loan authority
• Participate in decision appeal discussions with sales management and/or credit risk management
• Develop the underwriting team and coach Credit Managers and Underwriters
• Discuss alternative structures, including SBA and other agencies, with market and sales personnel
• Contribute to policy and standards discussions with senior management
• Drive turnaround requirements in a loan production environment while maintaining quality
• Maintain satisfactory portfolio delinquencies and charge-offs
• Ensure compliance with TD Bank Credit Policy, Credit Standards, federal banking regulations, and government reporting requirements
• Contribute to strategic initiatives such as process improvement, system enhancements, and workflow improvements
• Build productive relationships with Commercial Bank business partners
• Drive employee satisfaction and morale

Requirements

• Undergraduate degree preferred
• 10+ years of relevant commercial lending relationship management, underwriting, and/or adjudication experience
• Prior lending authority of at least $1 million preferred
• Small Business Administration/Agency, Healthcare Practice Solutions, or other specialty lending experience preferred
• Prior people management experience preferred
• Proven leadership abilities
• Ability to lead in a highly professional, systems-based environment
• Proven analytical and research skills
• Demonstrated problem-solving skills and ability to blend technical knowledge with good business judgment
• Organizational, multitasking, analytical, time management, and decision-making skills
• Demonstrated understanding of value-add credit structuring in a commercial banking environment
• Ability to meet deadlines
• Strong verbal and written communication skills
• Strong interpersonal skills and team orientation
• Ability to work with various levels of business partners
• Computer literacy with a variety of software programs
• Demonstrated credit underwriting and administration skills
• Proven ability to identify and mitigate risk
• Excellent communication skills with business acumen
• Customer-focused
• Excellent planning and organizational skills
• Proven ability to problem solve

Core Competencies

Demonstrates extensive experience in commercial credit underwriting and administration, with a strong focus on risk management, compliance with banking regulations, and team leadership. Proven ability to develop and mentor credit professionals while maintaining high standards of credit structuring and portfolio management.

Highest-signal resume keywords

• Commercial Lending Relationship Management
• Credit Underwriting and Administration
• Risk Management and Compliance
• Team Leadership and Development
• Analytical and Problem-Solving Skills

Hard Skills

• Credit Underwriting
• Credit Administration
• Risk Policies Implementation
• Loan Decision Authority
• Credit Structuring
• Portfolio Monitoring
• Regulatory Compliance
• Performance Management
• SBA Lending Experience
• Adjudication Experience

Soft Skills

• Leadership Abilities
• Strong Communication Skills
• Interpersonal Skills
• Organizational Skills
• Team Orientation

Industry Keywords

• Commercial Banking
• Federal Banking Regulations
• Credit Policy
• Risk Appetite
• Loan Review Audits

Tools & Technologies

• Credit Management Software
• Portfolio Management Systems
• Loan Production Systems
• Compliance Monitoring Tools
• Analytical Software