Senior Commercial Real Estate Underwriter

First Citizens Bank; Georgia (VT); Remote; USD 80,000 - 100,000; Full time

Job summary

A leading financial institution is seeking a Senior Commercial Real Estate Underwriter. This remote role requires expertise in underwriting commercial portfolios, strong analytical skills, and experience working with commercial real estate. The successful candidate will support the lending team and contribute to the bank's mission. A Bachelor's degree and significant experience in commercial credit analysis are essential.

Benefits

Competitive benefits program

Qualifications

• 6 years of experience in Commercial Credit Analysis, Lending, or Underwriting.
• 10 years of experience in those areas if holding a High School Diploma.
• Strong communication skills are essential.

Responsibilities

• Underwrite commercial real estate loans across various markets.
• Support the lending team by structuring and analyzing loan proposals.
• Provide guidance on underwriting matters and support associate interactions.

Skills

Commercial Credit Analysis

Lending

Underwriting

Financial Statement Spreading

Microsoft Excel competency

Strong written and verbal communication

Education

Bachelor's Degree

High School Diploma or GED

Job description

Overview

This is a remote role that may only be hired in Florida, Georgia, North Carolina, South Carolina, or Virginia.

The Senior Commercial Real Estate Underwriter leads underwriting efforts by servicing commercial portfolios at the highest level of ability and complexity. Supports the commercial lending team with expertise in structuring, analysis, and credit documentation for commercial credit actions. Establishes viability of repayment sources and prepares credit approval memos. Identifies, gathers, and reviews financial information to determine credit grades and appropriate loan structuring. Assesses and communicates risks to assist department risk mitigation strategies. Provides service and support for both associates and customers, assisting in customer calls and may assist in identifying cross-sales opportunities. Offers guidance on escalated or difficult underwriting matters. Leads special projects as needed to facilitate commercial lending activities and service capabilities, and may act in a leadership role to less experienced underwriters in the work group.

Responsibilities

• Underwrite commercial real estate loans for a diverse lending team across all markets in the Bank’s national footprint.
• Loan portfolio to include the primary asset types such as office, retail, industrial, and multi-family as well as more specialized asset classes inclusive of but not limited to self-storage, hotel, restaurants, and single-family rental properties.
• Contributes to the commercial real estate lending team culture to ensure it is consistent with the mission, vision, and values of First Citizens Bank.

Qualifications

Bachelor's Degree and 6 years of experience in Commercial Credit Analysis, Lending, or Underwriting, Financial Statement Spreading, Preparation of Projections, and Trailing Twelve Month Analysis OR High School Diploma or GED and 10 years of experience in these areas.

Additional Qualifications:

• 4 years working with Commercial Real Estate required; 6 years working in Commercial Real Estate preferred.
• Microsoft Excel competency required
• Strong written and verbal communication skills required
• Experience working with credit exposure of 5 million and above preferred

Benefits

Benefits are an integral part of total rewards and First Citizens Bank is committed to providing a competitive, thoughtfully designed and quality benefits program to meet the needs of our associates. More information can be found on the bank's benefits page.