Senior Underwriter

Third Coast Bank; Humble (TX); On-site; USD 70,000 - 90,000; Full time

Job summary

A regional bank in Humble, Texas, seeks an experienced individual to join their Corporate Banking team as a Credit Underwriter. This full-time role involves underwriting new and existing loans while supporting client relationships and compliance requirements. Candidates should have a Bachelor's degree and 2+ years of experience in credit and underwriting, alongside strong financial analysis, communication, and time management skills. Competitive applicants will demonstrate proficiency in financial documentation and regulatory knowledge.

Qualifications

• Responsibility for underwriting new and existing loans.
• Engage in portfolio management, ensuring soundness and profitability.
• Support Corporate Bankers with client relationships.

Responsibilities

• Underwrite new loans, including analytics and due diligence.
• Prepare credit memos for the credit approval process.
• Monitor client accounts for loan covenants and trends.

Skills

Credit analysis

Financial statement interpretation

Loan documentation

Interpersonal communication

Time management

MATHEMATICS

Education

Bachelor’s degree in Business, Finance, Accounting, or related field

2+ years of credit and underwriting experience

Tools

Microsoft Excel

Microsoft Office

Job description

Position Summary

Responsible for underwriting new and existing loans for the Corporate Banking team. Assist teams in portfolio management activities. Ensures portfolio achieves soundness, profitability, and growth objectives.

Skills and Experience

• 2+ years’ credit and work experience related to various aspects of middle market banking
• Must be able to spread, analyze, and interpret complex financial statements
• Must be able to prepare stress projection models and analyze relevant financial and covenant ratios
• Must be able to identify and address strengths and weaknesses and risk and mitigants embedded in loan requests
• Must be able to prepare credit memos/reports as part of the credit approval process
• Proficient knowledge of credit policy, banking regulations, and loan documentation issues is required
• Must have excellent interpersonal and communication skills
• Must be able to verbally communicate effectively one-to-one and in groups
• Must be able to write clearly and effectively
• Must be able to develop and maintain cohesive, cooperative working relationship with co-workers
• Must have good personal organization and time management skills
• Must understand and work effectively within the credit culture of the company
• Must allocate time effectively and independently prioritize workload to meet timelines
• Good mathematics, reading comprehension and writing skills
• Participate in all required compliance training, including Bank Secrecy Act/anti-money laundering training, as well as internal and external training programs, online training, meetings, and seminars/conferences, etc.

Qualifications

To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

• Support Corporate Bankers in managing existing and developing new client relationships
• Assist the team in qualifying new loan requests with early-stage due diligence activities
• Assist in the underwriting process for new clients (analytics, valuation models, industry research)
• Lead the underwriting of existing client renewals, loan modifications and periodic credit reviews
• Prepare credit approval memos and related documents for use in the credit approval process
• Assist in monitoring individual client accounts to include loan covenant validation, trend analysis
• Assist in training and coaching new underwriters and new team members
• Continue to grow in understanding complex transactions and related risk (credit, market, operations, legal/compliance, etc.)
• Special projects as needed

Education and Experience

• Bachelor’s degree in Business, Finance, Accounting, or related field
• Minimum of two (2) years of credit and underwriting experience, preferably in Middle Market
• Ability to respond to common inquiries from internal clients, regulatory agencies, and employees
• Advanced knowledge of related state/federal banking compliance regulations, and other Bank operational policies
• Intermediate skills in computer terminal and personal computer operation, including use of word, excel, and office
• Advanced math skills
• Effective verbal, written and interpersonal communication skills
• Ability to deal with difficult problems involving multiple facets and variables in non-standardized situations.
• Effective organizational and time management skills

Position Type

This position is a full-time, exempt position. Typical work hours are Monday through Friday, 8:00am to 5:00pm.

Direct Reports

None

Travel

Some travel between Third Coast Bank offices may be required.