Senior Commercial Underwriter – Risk & Credit Strategy

Newhorizonbank; Richmond (VA); On-site; USD 95,000 - 125,000; Full time

Job summary

New Horizon Bank is seeking an Underwriter III to evaluate and approve commercial loan applications while ensuring compliance with bank policies and regulatory requirements. The role balances risk mitigation with opportunity and collaborates with loan officers to structure loans that close.

You will analyze borrowers, prepare credit analyses, and guide teammates through underwriting procedures, contributing to a white-glove service for clients in a fast-paced banking environment.

Qualifications

• Bachelor's degree in Finance, Business Administration, or related field.
• Strong analytical, problem-solving, and decision-making abilities.
• Experience with underwriting software and MS Office Suite.

Responsibilities

• Underwrite commercial credit actions by reviewing financial statements and borrower risk.
• Collaborate with loan officers to gather information and clarify borrower details.
• Ensure underwriting progress and outcomes are communicated to stakeholders.
• Prepare detailed reports to support underwriting decisions.
• Analyze financial data to support loan structuring and approvals.
• Assess risks and ensure compliance with bank policies and regulatory requirements.
• Identify cross-sales opportunities and support client relationships.
• Maintain knowledge of regulations, market trends, and best practices.

Skills

Analytical skills

Problem-solving

Decision-making

Education

Bachelor’s degree in Finance or Business Administration

Tools

Underwriting software

Microsoft Office

Job description

New Horizon Bank is seeking an Underwriter III to evaluate and approve commercial loan applications while ensuring compliance with bank policies and regulatory requirements. The role balances risk mitigation with opportunity and collaborates with loan officers to structure loans that close.

You will analyze borrowers, prepare credit analyses, and guide teammates through underwriting procedures, contributing to a white-glove service for clients in a fast-paced banking environment.