Underwriter - Commercial Credit C&I

Amerant; Coral Gables (FL); Hybrid; USD 90,000 - 120,000; Full time

Benefits offered by this job

Hybrid/Remote work eligible

Job summary

Amerant is seeking an experienced credit underwriting professional to support underwriting, analysis, and risk assessment for loan portfolios. The role involves preparing documentation, reviewing covenants, and ensuring conformance with credit policies.

You will collaborate with Credit Administration, Loan Operations, and Risk teams to manage existing and new loan exposures, while maintaining strong communication and organizational skills in a hybrid/remote work environment.

Qualifications

• Bachelor's degree in business, accounting or finance required. Formal credit training preferred.
• 7+ years of professional experience in credit underwriting/credit analysis.
• Proficiency in Microsoft Suite; SQL experience a plus; Salesforce, nCino, FIS IBS experience valued.

Responsibilities

• Provide transactional support with creation of credit memos in line with credit programs and policy.
• Report deviations from credit programs and policy to supervisor.
• Conduct analysis/underwriting functions as needed.
• Screen preliminary data for new business activities and obtain required documentation for credit underwriting policy.

Skills

Credit underwriting

Credit analysis

Financial analysis

Microsoft Excel

SQL

Communication

Education

Bachelor's degree in business, accounting or finance

Tools

Salesforce

nCino

FIS IBS

Job description

Responsibilities

• Provide transactional support with the creation of credit memos while maintaining clear understanding of the Bank's credit programs and policy and its adherence.
• Reports to supervisor all deviation from credit programs and policy.
• Conduct analysis/underwriting functions, as needed.
• Provide support on new business activities by screening preliminary data and follow up in obtaining required documentation and conformity to credit underwriting policy of the bank.
• Prepare documentation, memos, and/or presentation as needed.
• Perform the annual review of existing credit relationships; Identify necessary risk rating changes, errors or inconsistencies and recommend modifications to risk rating as deemed appropriate.
• This includes calculating and verifying covenant testing requirements and monitoring loan policy exceptions, as needed.
• Support the accurate review and evaluation of the financial condition and operating performance of C&I Borrowers, CRE Borrowers and Private Banking / Private Client Borrowers for new and existing loan exposures, increases, and modifications of terms/conditions.
• Support financial analysis with a high degree of accuracy in terms of figures and credit risk assessment.
• Responsibility will also include the proper identification of loan policy exceptions and identification of industry/loan structure specific risks/issues with appropriate mitigating factors.
• Ability to identify, evaluate, monitor and make any recommendation deemed necessary to the supervisor to assess, reduce, eliminate or control any current or prospective risks to earnings or capital arising from violations of, or nonconformance with, laws, rules, regulations, prescribed practices, internal policies and procedures or ethical standards.
• Assist in the review and measurement of Bank Borrower's conformance with legal covenants, tracking of same and the identification of compliance or non-compliance.
• This may include assisting Credit Portfolio Managers and Relationship Managers in collaborating with other bank units such as Credit Administration, Loan Operations, Credit Services, Closing areas, and Credit Risk.
• Complete or review and provide feedback on spread financial statements, comprehensive analysis, and credit approval packages according to Bank credit programs and policy.
• Work within the software systems for loan originations, modifications, annual reviews, and other presentations to senior management.
• Responsible for the administration and monitoring maturities, delinquencies, including criticized assets reports on a regular basis as well as assisting in the identifying any "red flags" or problems within the portfolio.
• Reports to supervisor all portfolio issues and irregularities found in these reports.
• Conduct project site visits/inspections and report findings.
• Provide assistance in other areas within the department, as required, covering during vacation or absenteeism.
• Ensure preventive measures are carried out to fully comply with current rules, regulations and internal policies relating to risks pertaining to BSA, USA Patriot Act, OFAC and other AML related issues.
• Assist management with ongoing projects.

Minimum Education and/or Certifications Requirements

• Bachelor's degree in business, accounting or finance required. Formal credit training preferred.

Minimum Work Experience Requirements

• 7+ years of professional experience credit underwriting/credit analysis. Knowledgeable of banking products and documentation.

Technical and/or Other Essential Knowledge

• Thorough understanding of the Bank's credit procedures, programs and policy. Accounting and credit principles. Proficiency in Microsoft Suite is required; experience in SQL is a plus. Salesforce, nCino, FIS IBS experience is a plus. Sound time management and organizational skills required. Well organized and systematic. Must possess strong communication skills.

This position is hybrid/remote work eligible.