Senior Commercial Real Estate Underwriter - Remote

Optum; Draper (UT); Remote; USD 92,000 - 164,000; Full time

Benefits offered by this job

Comprehensive benefits package

Equity stock purchase

401k contribution

Job summary

Optum is hiring for a senior underwriting role focused on commercial loan requests, including CRE loans, with substantial responsibility for memos, risk ratings, and portfolio oversight.

Ideal candidates have 5+ years in financial statement analysis and credit decision-making on large transactions, plus CRE knowledge and regulatory familiarity. This full-time role offers comprehensive benefits and a path for professional growth.

Qualifications

• 5+ years of experience analyzing business and personal financial statements for loan requests.
• 5+ years of experience underwriting commercial loans, including CRE loans.
• Experience making or recommending credit decisions on transactions > $10 million.
• Knowledge of CRE financing, loan documentation, lending laws, and loan servicing.

Responsibilities

• Underwrite new commercial loan requests and perform periodic reviews on existing commercial loans.
• Create credit underwriting memos analyzing the credit request, borrower, financial and credit information, repayment sources, risks and mitigation, collateral, and compliance with regulations.
• Analyze and document loan modification requests.
• Be knowledgeable of policies, guidelines, procedures, regulations and systems applicable to the credit function.
• Ensure that loan files and documentation are complete.
• Make, recommend, and present credit decisions to credit administration and credit committee through written and verbal communication.
• Assess and recommend risk ratings for underwritten loans.
• Assist with portfolio management and monitoring.
• Develop and maintain positive relationships with internal and external clients.
• Assist in training and mentoring less experienced credit team members.

Skills

Credit underwriting

Financial analysis

Loan documentation

Regulatory compliance

Education

Bachelor's degree in Finance, Economics, or Business

Job description

Optum is a global organization that delivers care, aided by technology to help millions of people live healthier lives. The work you do with our team will directly improve health outcomes by connecting people with the care, pharmacy benefits, data and resources they need to feel their best. Here, you will find a culture guided by inclusion, talented peers, comprehensive benefits and career development opportunities. Come make an impact on the communities we serve as you help us advance health optimization on a global scale. Join us in making healthcare work better for everyone through people-led, responsible AI while Caring. Connecting. Growing together.

You’ll enjoy the flexibility to work remotely * from anywhere within the U.S. as you take on some tough challenges.

For all hires in the Minneapolis or Washington, D.C. area, you will be required to work in the office a minimum of four days per week.

Primary Responsibilities

• Underwrite new commercial loan requests and perform periodic reviews on existing commercial loans
• Create credit underwriting memos which analyze the credit request, the borrower, financial and credit information, repayment sources, risks and mitigation, collateral, and compliance with applicable regulations and policies
• Analyze and document loan modification requests
• Be knowledgeable of policies, guidelines, procedures, regulations and systems applicable to the credit function
• Ensure that loan files and documentation are complete
• Make, recommend, and present credit decisions to credit administration and credit committee through both effective written and verbal communication
• Assess and recommend risk ratings for underwritten loans
• Assist with portfolio management and monitoring
• Develop and maintain positive relationships with internal and external clients
• Assist in training and mentoring less experienced credit team members

Required Qualifications

• 5+ years of experience analyzing business and personal financial statements associated with loan requests
• 5+ years of experience underwriting commercial loans, including commercial real estate loans
• Experience making or recommending credit decisions on transactions > $10 million
• Knowledge of commercial real estate financing, loan documentation, lending laws, loan transaction procedures, portfolio monitoring, and loan servicing

Preferred Qualifications

• Bachelor's degree in Finance, Accounting, Economics, or Business
• Formal commercial credit training program
• Experience working in credit or lending role with a commercial bank
• Experience working out problem loans
• All employees working remotely will be required to adhere to UnitedHealth Group's Telecommuter Policy

Application Deadline

This will be posted for a minimum of 2 business days or until a sufficient candidate pool has been collected. Job posting may come down early due to volume of applicants.

Pay is based on several factors including but not limited to local labor markets, education, work experience, certifications, etc. In addition to your salary, we offer benefits such as, a comprehensive benefits package, incentive and recognition programs, equity stock purchase and 401k contribution (all benefits are subject to eligibility requirements). No matter where or when you begin a career with us, you'll find a far-reaching choice of benefits and incentives. The salary for this role will range from $91,700 - $163,700 annually based on full-time employment. We comply with all minimum wage laws as applicable.

At UnitedHealth Group, our mission is to help people live healthier lives and help make the health system work better for everyone. Together, we are shaping the future of healthcare by harnessing technology and innovation to make care simpler to navigate, more affordable and more connected for the people we serve. We are committed to creating an inclusive workplace where everyone feels welcomed, valued, heard and respected, empowering people to bring their authentic selves to work and strengthening our collective impact through diverse talents, backgrounds, experiences and perspectives.

UnitedHealth Group and its affiliated brands are an Equal Employment Opportunity employer under applicable law and qualified applicants will receive consideration for employment without regard to race, national origin, religion, age, color, sex, sexual orientation, gender identity, disability, or protected veteran status, or any other characteristic protected by local, state, or federal laws, rules, or regulations.

UnitedHealth Group and its affiliated brands are a drug‑free workplace. Candidates are required to pass a drug test before beginning employment.