OPX Credit Products Officer II

BankUnited, N. A.; Florida; On-site; USD 120,000 - 160,000; Full time

Job summary

BankUnited, N. A. seeks a Credit Products Officer to underwrite either Corporate & Industrial or Commercial Real Estate loan requests. The role focuses on preparing accurate credit analyses, structuring deals, and documenting approvals in the loan system.

The candidate will review financial statements, tax returns, and guarantor data to assess borrower strength, while supporting Relationship Managers and monitoring portfolios for risk management.

Qualifications

• Experience analyzing corporate financial statements and tax returns.
• Familiarity with cash flow analysis and financial statement reviews.
• Knowledge of credit risk assessment and underwriting processes.

Responsibilities

• Determine information requirements and underwrite the credit request.
• Prepare spreads using Moody's Credit Lens and other tools.
• Review borrower and guarantor financials to assess risk.
• Evaluate new applications for completeness and collateral.
• Underwrite ACH exposure for clients and monitor risk.
• Prepare the Credit Approval Memorandum and upload documents.
• Draft commitment letters or notices of conditional approval.
• Perform portfolio management and annual reviews as needed.
• Ensure compliance with BSA, Patriot Act, and related laws.

Skills

Accounting skills

Credit underwriting

Analytical ability

Education

HS Diploma or equivalent

Bachelor's Degree or related experience

Job description

JOB SUMMARY: A Credit Products Officer ("CPO") role specializes in reviewing and underwriting either Corporate and Industrial (C&I) or Commercial Real Estate (CRE) loan requests. This position is responsible for preparing complete and accurate credit analyses in a timely manner that meets or exceeds internal business partners' needs, customer expectations, regulatory requirements and leading industry practices. Accountability is required for protecting the Bank by providing an unbiased and objective view of the prospective borrower and thoroughly disclosing all identified risks. This position may also be responsible for the monitoring and ongoing maintenance of a portfolio, while supporting one or more Relationship Managers in this endeavor.

ESSENTIAL DUTIES AND RESPONSIBILITIES

• Determine financial information requirements -- Work with the Relationship Manager to obtain all necessary information to underwrite the credit request.
• Prepare Spreads -- Prepare spreads within Moody's Credit Lens and other spreading tools and templates utilized by the Bank.
• Perform borrower financial analysis -- Review and analyze borrower financial information including but not limited to: corporate financial statements, tax returns, and accounts payable and accounts receivable aging to determine borrower financial condition and develop cash flow analysis.
• Perform guarantor financial analysis -- Review and analyze personal financial information for guarantors including personal financial statements, tax returns, real estate owned schedules, and liquidity statements to determine financial strength of guarantor.
• Review new applications for completeness, proper loan structure, and adequate collateral, and condition the loan accordingly.
• Review and analyze all 3rd party reports -- Obtain all 3rd party reports and include findings in analysis of financial condition of borrower or guarantor.
• Underwrite ACH exposure: Underwrite ACH exposure for borrowing and non-borrowing clients.
  Identify and mitigate critical risks and irregularities -- Work with Relationship Manager to identify and mitigate all risks and disclose in the credit approval memorandum.
• Collaborate in credit structuring -- Work with the Relationship Manager to structure credit requests that serve the best interest of the customer and bank.
• Determine Risk Ratings -- Complete all required risk rating models and analyses.
• Complete Credit Approval Memorandum within the Loan Origination System. Ensure that the approval package is complete, and all supporting schedules / documents are uploaded into the Loan Origination System.
• Complete Portfolio Management Activities as required for new money requests to existing Bank clients.
• Deliver approval package to the appropriate Credit Officer.
• Document approvals -- Once the credit package is approved, ensure all credit approvals and associated documents are obtained and properly documented within the Loan Origination System.
• Prepare detailed Commitment Letters or Notices of Conditional Approval to communicate credit decisions to clients, as applicable.
• Review and clear closing conditions, seeking approval by a Credit Officer, as applicable.
• Post-approval Activities:
  • Finalize Credit Approval Package for Closing -- Ensure loan record is complete and forward to the Loan Closing Department.
  • Draft Post-Approval Change Memo -- Prepare Change Memo to document material and immaterial changes to the approved credit package, as needed.
• Manage financial ticker items - Collect and review financial statements and covenant compliance and borrowing base worksheets from corporate customers.
• Assist the Loan Officer in reviewing draw requests associated with guidance lines of credit for equipment purchases.
• Conduct ongoing credit assessments/reviews - Complete annual reviews as required on corporate lending relationships, confirming an electronic back-up of client's key financial records and documentation is maintained within the bank's systems of record.
• Prepare quarterly Criticized Asset Reports where applicable.
• Perform ongoing portfolio management - Seek out early warning signs of deteriorating credit trends and make ongoing assessments relative to credit risk ratings (both positive and negative).
• Identify and communicate cross-sale opportunities to Loan Officers as applicable during review of updated annual financial information received.
• Underwrite ACH exposure - Underwrite ACH exposure for borrowing and non-borrowing clients.
• Other Activities:
  • On a case by case basis this position may be asked by their manager or the Loan Officer to participate in credit related calls with existing and prospective borrowers.
  • Identify opportunities for continuous improvement in underwriting/portfolio management practices and tools.
  • Work with cross-functional teams as needed to develop, test, and deploy underwriting/portfolio management leading practices / tools as required.
  • Perform and participate in projects and assignments as may be required by management.
  • Adheres to and complies with applicable, federal and state laws, regulations and guidance, including those related to anti-money laundering (i.e. Bank Secrecy Act, US PATRIOT Act, etc.).
  • Adheres to Bank policies and procedures and completes required training.
  • Identifies and reports suspicious activity.

SUPERVISORY RESPONSIBILITIES

N/A

QUALIFICATIONS

• Education
  HS Diploma or equivalent required
• Bachelor's Degree or 4 years of work experience in a related field preferred

Experience

• 2 to 3 years of commercial credit underwriting experience required
• Additional experience in SBA lending preferred

Licenses and Certifications

• Formal credit training preferred

Knowledge, Skills, and Abilities

• Accounting skills through formal education, AIB, or prior work experience.

Additional Information

Candidates residing in locations within BankUnited's footprint may be given preference.

BankUnited is an Equal Opportunity Employer. BankUnited does not discriminate against individuals on the basis of race, creed, color, gender, religion, national origin, age, disability, veteran status, pregnancy, marital status, citizenship status, sexual orientation, gender identity, genetic information, or any other classification protected by applicable laws.