Senior Commercial Underwriter

Kforce Inc; Phoenix (AZ); On-site; USD 90,000 - 140,000; Full time

Benefits offered by this job

Medical/dental/vision insurance

HSA/FSA

401(k) plan

Job summary

Kforce Inc is seeking an experienced credit underwriting professional in the United States to assess commercial loan and lease requests. You will analyze financial data, spread statements, and identify risks to support risk-adjusted lending decisions.

The role requires 7-10 years' underwriting experience, a Bachelor's degree, and strong presentation and communication abilities. CLFP is preferred, with the potential for growth in a robust financial services environment.

Qualifications

• Bachelor's degree required; CLFP preferred.
• 7-10 years of commercial credit underwriting experience in lease/loan environments.
• Experience underwriting commercial lease transactions typically exceeding $5 million.
• Advanced credit and credit quality skills including financial statement spreading and cash flow analysis.
• Strong knowledge of credit policies, procedures, and documentation.
• Excellent written, verbal, interpersonal and presentation skills.

Responsibilities

• Analyze business, industry, and financial data to support credit requests.
• Identify key risks impacting repayment prospects for borrowers.
• Derive conclusions and prepare concise credit recommendations.
• Use risk rating models to ensure proper risk rating of customers and loans.
• Spread financial statements per Company guidelines and monitor performance.
• Collaborate with team to send borrower notifications and secure approvals.
• Offer insights into customer financial needs and relationship expansion tools.
• Participate in customer calls as appropriate and train others when needed.

Skills

Financial analysis

Credit underwriting

Cash flow analysis

Communication skills

Presentation skills

Time management

Training others

Education

Bachelor's degree

CLFP certification

Tools

Excel

Financial modeling

Accounting software

Job description

Responsibilities

• Analyze business, industry, financial data and other supporting credit information concerning an applicant's credit request
• Identifies key business and financial risks that may impact the repayment prospects by the borrower
• Derives conclusions supporting credit recommendation based on documented facts and/or sound judgement
• Prepare timely, concise and accurate credit recommendations, with limited supervision or revision; Accurate use of risk rating scoring models both quantitative and qualitative rating elements, to ensure customers and loans are properly risk-rated; Accurate identification and mitigation of all exceptions to Company tracked policies exceptions; Accurate loan coding consistent with nature of the borrowing relationship and terms of the credit(s)
• Monitor borrower financial performance in line with commercial and/or real estate loan documents
• Spreads financial statement and ensures required financial statements are spread in accordance with Company Guidelines
• Collaborate with team members to ensure borrower notifications are sent and approvals are obtained to resolve any violations in a timely manner
• Partners with team members to offer insights into customer financial needs, including using Line of Business-approved relationship expansion tools
• May offer opinions related to a loan structure's effectiveness to mitigate risks, appropriate to prevailing competitive market environment and Company risk tolerances
• Partners with team members in customer calls as appropriate

Requirements

• Bachelor's degree required
• Certified Lease & Finance Professional (CLFP) preferred
• 7-10 years of commercial credit underwriting experience in a lease and loan environment required
• Experience underwriting commercial lease transactions within an equipment finance environment is required typically exceeding $5 million
• Advanced credit and credit quality skills including accounting, financial statement spreading, and cash flow analysis experience
• Advanced knowledge of credit policies, procedures, practices and documentation
• Advanced analytical and problem-solving skills
• Possess excellent written, verbal, interpersonal and presentation skills
• Demonstrated time management skills, reflecting the ability to juggle multiple tasks simultaneously while delivering work product on time
• Ability to train and present to small and large audiences or has the interest in learning to train and present
• Ability to work effectively with individuals and groups across the company to manage internal and external customer relationships
• Follow and maintain a working knowledge of Company's written policies and procedures regarding Bank Secrecy Act, Regulation CC, Regulation E, Bank Security and other regulations as applicable to this job description

The pay range is the lowest to highest compensation we reasonably in good faith believe we would pay at posting for this role. We may ultimately pay more or less than this range. Employee pay is based on factors like relevant education, qualifications, certifications, experience, skills, seniority, location, performance, union contract and business needs. This range may be modified in the future.

Benefits

• We offer comprehensive benefits including medical/dental/vision insurance, HSA, FSA, 401(k), and life, disability & ADD insurance to eligible employees.
• Salaried personnel receive paid time off.
• Hourly employees are not eligible for paid time off unless required by law.
• Hourly employees on a Service Contract Act project are eligible for paid sick leave.

Note: Pay is not considered compensation until it is earned, vested and determinable. The amount and availability of any compensation remains in Kforce's sole discretion unless and until paid and may be modified in its discretion consistent with the law.

This job is not eligible for bonuses, incentives or commissions.

Equal Opportunity

Kforce is an Equal Opportunity/Affirmative Action Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, pregnancy, sexual orientation, gender identity, national origin, age, protected veteran status, or disability status.