Senior Commercial Credit Underwriter

Busey; Edwardsville (IL); On-site; USD 75,000 - 106,000; 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

Company-paid life insurance

Long-term disability

Short-term disability

Wellness incentives

Employee assistance program

HSA

FSA

Job summary

Busey is seeking a Commercial Underwriter to provide accurate, timely credit underwriting to support portfolio management and new business development. The role involves analyzing financial statements, preparing CCAR memos, evaluating collateral, and assisting relationship managers with credit decisions.

Requires a Bachelor's in Business or Finance and at least 3 years of Commercial Credit experience. Base pay ranges from $75,000 to $106,000 per year, with a comprehensive Total Rewards package.

Qualifications

• Strong oral and written communication skills.
• Proficiency in Microsoft Office Suite.
• Knowledge of financial accounting.

Responsibilities

• Perform financial statement spreading and analysis to compute Debt Service Coverage or Fixed Charge Coverage ratios.
• Assess cash flow, liquidity, profitability and leverage to gauge credit risk.
• Prepare Commercial Credit Approval Request memos outlining borrower risk and strengths/weaknesses.
• Evaluate collateral and industry data for credit decisions.
• Assist with portfolio management tasks including monitoring covenants and base reports.

Skills

Oral and written communication

Microsoft Office

Financial accounting

Education

Bachelor's degree in Business or Finance

Job description

Busey is seeking a Commercial Underwriter to provide accurate, timely credit underwriting to support portfolio management and new business development. The role involves analyzing financial statements, preparing CCAR memos, evaluating collateral, and assisting relationship managers with credit decisions.

Requires a Bachelor's in Business or Finance and at least 3 years of Commercial Credit experience. Base pay ranges from $75,000 to $106,000 per year, with a comprehensive Total Rewards package.