Senior Commercial Credit Underwriter

NewtekOne (NASDAQ: NEWT); United States; Presencial; USD 80.000 - 130.000; Jornada completa

Descripción de la vacante

NewtekOne, Your Business Solutions Company, seeks an experienced underwriter to conduct comprehensive financial and credit analyses on loan packages and credit proposals. You will review loan documents, assess borrower viability, and prepare detailed credit memos for the Credit Committee.

The role requires 7+ years in underwriting ABL/factoring, solid cash flow analysis skills, and proficiency with MS Office.

Formación

• 7+ years underwriting ABL/ Factoring transactions.
• Formal bank Credit Training Program or RMA Credit Courses.
• Computer literate; proficient with Microsoft Office products.

Responsabilidades

• Conduct financial and/or credit analyses, ensuring compliance with internal regulations.
• Conduct initial review of incoming loan packages by determining creditworthiness and compliance.
• Analyze loan files and review loan documents for completeness.
• Analyze financial statements to determine operating trends and viability of businesses.
• Review tax returns and additional credit information to assess borrower/guarantor net worth and potential.
• Prepare detailed analyses of historical property operations to make informed decisions about future performance.
• Prepare preliminary and final credit memorandum for presentation to Credit Committee.
• Research and investigate applicable industry and market data/trends.
• Coordinate and incorporate 3rd party reports into the credit analysis.
• Projects loan level cash flows based on potential resolution outcomes.
• Provide full credit memos containing accurate and complete credit analysis of the loan applicant
• Analyze applicant's business operations, historical cash flow, balance sheet and financial condition, management structure, collateral, projections, and compare these elements to RMA
• Prepare approval letters

Conocimientos

Underwriting

Cash flow analysis

MS Office

Verbal communication

Written communication

Analytical skills

Relationship building

Educación

RMA Courses

Herramientas

Microsoft Excel

Microsoft Word

Descripción del empleo

NewtekOne, Your Business Solutions Company, seeks an experienced underwriter to conduct comprehensive financial and credit analyses on loan packages and credit proposals. You will review loan documents, assess borrower viability, and prepare detailed credit memos for the Credit Committee.

The role requires 7+ years in underwriting ABL/factoring, solid cash flow analysis skills, and proficiency with MS Office.