Strategic Commercial Underwriter

Busey; Edwardsville (IL); On-site; USD 75,000 - 106,000; Full time

Job summary

Busey in Edwardsville, IL is seeking a Commercial Underwriter to provide accurate, timely credit underwriting to support portfolio management and new business development. The role involves financial statement spreading, DSCR calculations, preparing CCAR memos, evaluating collateral, and supporting relationship managers in loan approvals.

The position offers growth opportunities and a competitive benefits package, with base pay in a market range reflecting experience and local salary norms.

Qualifications

• Bachelor’s degree in Business or Finance required.
• 3+ years Commercial Credit experience required.
• Strong oral and written communication skills required.
• Proficiency in Microsoft Office Suite required.

Responsibilities

• Perform financial statement spreading and analysis, including DSCR or FCCR calculations.
• Assess cash flow, liquidity, profitability, and leverage to minimize credit risk.
• Prepare clear Commercial Credit Approval Request memos with risk details.
• Evaluate collateral, industry data, and other credit information.
• Assist portfolio management tasks and loan approvals within authority levels.

Skills

Communication

Microsoft Office

Financial accounting knowledge

Education

Bachelor's degree in Business or Finance

Tools

nCino

Job description

Busey in Edwardsville, IL is seeking a Commercial Underwriter to provide accurate, timely credit underwriting to support portfolio management and new business development. The role involves financial statement spreading, DSCR calculations, preparing CCAR memos, evaluating collateral, and supporting relationship managers in loan approvals.

The position offers growth opportunities and a competitive benefits package, with base pay in a market range reflecting experience and local salary norms.