Senior Credit Underwriter

Anchor Bank; Florida; On-site; USD 85,000 - 120,000; Full time

Job summary

Anchor Bank in Palm Beach Gardens, FL seeks a Senior Credit Underwriter for a full-time, on-site role. You will evaluate and underwrite commercial and consumer loans, prepare clear credit memos, and ensure compliance with bank policies and regulations.

The role includes mentoring junior analysts, monitoring portfolios, and collaborating with relationship managers to clarify financial information. Ideal candidates have 5+ years of commercial lending and underwriting experience, strong analytical

Qualifications

• Minimum of 5 years of commercial lending and credit underwriting experience.
• Experience underwriting commercial real estate, C&I, owner-occupied real estate, and complex commercial credit relationships.
• Strong analytical skills to review financial statements, cash flow, collateral, and overall credit risk.
• Excellent written and verbal communication for credit memos and stakeholder collaboration.
• Knowledge of lending regulations, policies, and risk management practices.
• Bachelor’s degree in finance, accounting, business, or related field.
• Experience with loan origination and core banking systems.
• Attention to detail, sound judgment, integrity, and the ability to manage multiple priorities.

Responsibilities

• Underwrite and evaluate commercial and consumer loan requests, assessing creditworthiness.
• Prepare clear credit memos and recommend approval or decline decisions.
• Ensure compliance with bank policies, regulatory requirements, and risk management guidelines.
• Collaborate with relationship managers and loan officers and maintain documentation in systems.
• Monitor existing loan portfolios and identify early warning signs.
• Mentor junior underwriting staff and participate in training.
• Stay informed on economic trends, regulatory changes affecting lending.

Skills

Credit underwriting

Underwriting

Financial statement analysis

Cash flow analysis

Credit risk assessment

Communication

Regulatory compliance

Mentoring

Education

Bachelor's degree (Finance/Accounting/Business)

Banking/training in credit

Tools

Core banking systems

Loan origination systems

Job description

Company Description

Anchor Bank is a privately held community bank headquartered in Palm Beach Gardens, Florida, serving the South Florida tri-county. Since 2005, Anchor Bank has emphasized personalized and timely financial services delivered on flexible terms. The organization is committed to creating a dynamic, rewarding workplace while maintaining strong performance for its shareholders. Team members join a relationship-driven institution that values local decision-making and community engagement.

Role Description

The Senior Credit Underwriter is a full-time, on-site role based in Palm Beach Gardens, FL. This role is responsible for evaluating and underwriting commercial and consumer loan requests, including assessing creditworthiness, analyzing financial statements, and determining appropriate loan structures and terms. The Senior Credit Underwriter will prepare clear credit memos, recommend approval or decline decisions, and ensure compliance with bank policies, regulatory requirements, and risk management guidelines. Daily activities include collaborating with relationship managers and loan officers, communicating with clients as needed to clarify financial information, and maintaining accurate documentation in the bank’s systems. The role also involves monitoring existing loan portfolios, identifying early warning signs, contributing to credit policy improvements, and mentoring junior underwriting staff.

Qualifications

• Candidates should possess strong Credit Underwriting and Underwriting skills, with experience in commercial and consumer loan analysis.
• Candidates should possess robust Analytical Skills for reviewing financial statements, cash flow, collateral, and overall credit risk.
• Candidates should possess effective Communication skills, including the ability to prepare concise credit memos and collaborate with internal stakeholders and clients.
• Candidates should possess knowledge of Loans, including structures, lending regulations, and credit policies.
• Relevant qualifications include several years of progressive credit underwriting experience in banking or financial services, preferably in a community or commercial bank environment.
• Additional beneficial qualifications include a bachelor’s degree in finance, accounting, business, or a related field; proficiency with loan origination and core banking systems; and familiarity with regulatory guidelines and risk management practices.
• Strong attention to detail, sound judgment, integrity, and the ability to manage multiple priorities in a fast-paced environment are important for success in this role.
• Support internal and external loan reviews, audits, and regulatory examinations.
• Mentor and train Credit Analysts and junior underwriters to enhance credit administration capabilities.
• Stay informed regarding economic trends, industry developments, and regulatory changes affecting commercial lending.

Education

• Bachelor's degree in Finance, Accounting, Business Administration, Economics, or a related field required.
• Formal banking or commercial credit training preferred.

Experience

• Minimum of 5 years of commercial lending and credit underwriting experience within a bank or financial institution.
• Demonstrated experience underwriting commercial real estate, commercial and industrial (C&I), owner-occupied real estate, and complex commercial credit relationships.
• Experience preparing detailed cash flow analyses, risk assessments, and credit presentations.