Portfolio Management Underwriter

macu; Sandy (UT); On-site; USD 60,000 - 85,000; Full time

Job summary

MACU is seeking a qualified individual to support ongoing administration and credit monitoring of lower-complexity commercial real estate and small business lending relationships. You will perform standardized financial analysis, prepare reviews and servicing recommendations, monitor covenants, and support routine servicing under established procedures with supervisor guidance.

The role develops the judgment and technical capability required to progress toward independent portfolio loan analysis

Qualifications

• Experience analyzing commercial real estate or SBA loans preferred.
• Ability to collect, organize, and interpret financial data from multiple sources.
• Strong documentation and risk-rating writing skills.

Responsibilities

• Manage loan review activities including covenants tracking and financial reporting.
• Analyze borrower and collateral information, including financial statements and tax returns.
• Prepare credit narratives, financial spreads, and risk-rating support for lending decisions.
• Monitor portfolio performance and identify emerging risks or covenants gaps.
• Assist with routine servicing actions, modifications, and documentation updates.

Skills

Commercial lending

Credit analysis

SBA loan servicing

Education

Bachelor's degree in finance or accounting

Equivalent relevant experience in commercial lending

Job description

Job Summary

Supports the ongoing administration and credit monitoring of lower-complexity commercial real estate and small business lending relationships. Performs standardized financial analysis, prepares financial reviews and servicing recommendations, monitors covenants and supports routine servicing under established procedures and regular guidance. All reviews, modifications, risk-grade changes and other credit actions require manager review and approval. Develops the judgment and technical capability required to progress toward independent portfolio loan analysis and recommendations.

Job Description

• Manages assigned existing-loan review activities, including ticklers, covenant tracking, financial reporting requirements, maturity schedules, and documentation follow-up.
• Collects and analyzes borrower, guarantor, and collateral information, including financial statements, tax returns, rent rolls, operating statements, debt schedules, and credit reports, as applicable.
• Prepares clear credit narratives, financial spreads, risk-rating support, and recommendations in accordance with lending policy, procedures, and applicable regulatory or program requirements.
• Monitors portfolio performance and identifies emerging risks, documentation gaps, covenant exceptions, servicing needs, and opportunities for proactive member outreach.
• Prepares routine financial reviews, loan modifications and administrative actions using established templates and defined analytical methods for manager review and signature.
• Monitors watch list and classified loans, delinquency trends, delinquent property taxes, entity-status concerns, defaults, maturing loans, concentration exposure, credit-scoring results and other portfolio risk indicators with guidance.
• Identifies maturing loans and potential refinance or modification opportunities for follow-up.
• Provides information to and coordinates with loan participants.
• Partners with relationship managers, underwriters, loan operations, credit administration, loan participants, and other stakeholders to support timely and accurate portfolio decisions.
• Maintains complete, accurate, and audit-ready credit files and protects confidential member and credit union information.
• Performs basic cash-flow, global cash-flow, leverage, liquidity, debt-service coverage, loan-to-value, and collateral analyses; validates calculations and source documentation.
• Analyzes and recommends routine servicing actions such as financial covenant tracking, document updates, payment history review, and straightforward maturity or renewal preparation.
• Researches variances and missing information, resolves standard documentation issues, and promptly escalates material concerns or policy exceptions.
• Communicates with members and internal partners to obtain information, explain routine documentation needs, and provide status updates with guidance as needed.
• Participates in formal training, file reviews, and coaching to build proficiency in CRE fundamentals, SBA program requirements, credit policy, systems, and portfolio risk identification.
• Performs other duties as assigned.

Knowledge, Skills, and Abilities

The requirements listed are representative of the knowledge, skills, and/or abilities required. Reasonable accommodation may be made to enable individuals with disabilities to perform the essential job functions.

Experience

Commercial lending experience is not required. Candidates with a bachelor's degree in finance or accounting may enter this role without prior commercial lending experience and develop commercial credit, SBA loan servicing and portfolio management skills through structured training, regular supervision and progressively more complex assignments.

Experience spreading business or real estate financial statements and exposure to CRE, C&I, or SBA lending preferred.

Education

Bachelor's degree from an accredited institution in business, finance, accounting, real estate, or a related field preferred. A bachelor's degree in finance or accounting may satisfy the entry qualification without prior commercial lending experience. Equivalent relevant experience in commercial lending, including credit analysis, underwriting, or portfolio management may be considered in lieu of a degree. Education will be verified.

Licenses, Certifications, Registrations

None required. Relevant commercial credit, SBA, or real estate finance training or certification preferred.

Computer/Technology Skills

• Demonstrated p