Senior Credit Risk & Underwriting Manager

vnbcareers; Illinois; On-site; USD 85,000 - 115,000; Full time

Job summary

vnbcareers in Illinois is seeking a skilled Credit Underwriter to assess, structure, and approve new and renewed commercial loans. You will collaborate with loan officers and senior management to shape credit decisions and risk appetite.

The role requires a minimum of 5 years in a commercial lending environment, strong knowledge of underwriting guidelines, financial analysis, and loan documentation. Proficiency with Word, Excel, and Outlook is expected.

Qualifications

• High School diploma or GED required.
• Minimum 5 years in a commercial lending/credit underwriting role.
• Bachelor’s degree and formal credit training preferred.

Responsibilities

• Underwrites and structures new transactions and renewals for existing clients.
• Participates in client meetings and internal deal reviews; assesses risks and loan structures.
• Performs due diligence and presents credit requests to required credit authority.
• Monitors portfolio via reports and dashboards; ensures compliance with loan terms.
• Validates reports and escalates issues; develops action plans as needed.
• Ensures credits are risk-rated and properly monitored.
• Prepares quarterly portfolio reports including monitoring reports.
• Participates in special portfolio management projects.

Skills

Credit underwriting

Underwriting guidelines

Financial accounting

Loan documentation

Deal structuring

Interpersonal skills

Time management

Analytical skills

Communication skills

Education

High School diploma or GED

Bachelor’s degree + credit training program

Tools

Microsoft Word

Excel

Outlook

Job description

vnbcareers in Illinois is seeking a skilled Credit Underwriter to assess, structure, and approve new and renewed commercial loans. You will collaborate with loan officers and senior management to shape credit decisions and risk appetite.

The role requires a minimum of 5 years in a commercial lending environment, strong knowledge of underwriting guidelines, financial analysis, and loan documentation. Proficiency with Word, Excel, and Outlook is expected.