Underwriter I (On-Site, Ft. Wright, KY)

First National Bank of Williamson; Fort Wright (KY); On-site; USD 52,000 - 72,000; Full time

Benefits offered by this job

Health insurance

Life insurance

Disability insurance

401(k) plan

Generous paid time off

Generous holiday schedule

Pet insurance

Job summary

The Underwriter I at First National Bank (FNB) supports commercial lending and Credit Administration by analyzing borrower and guarantor financial information, evaluating credit risk, preparing credit presentations, and monitoring assigned relationships. The role underwrites routine C&I, CRE, and other business credits within defined parameters and provides well-supported recommendations.

You will work closely with lenders, Loan Servicing, and the Chief Credit Officer to maintain complete credit

Qualifications

• Bachelor’s degree in finance, accounting, economics, or a related field preferred; equivalent relevant education and experience may be considered.
• Two or more years of experience in credit analysis, commercial lending, accounting, audit, finance, or a related field preferred.
• Demonstrated ability to analyze business and personal financial statements, tax returns, and related credit information.
• Working knowledge of commercial lending, loan structure, credit risk, collateral analysis, risk ratings, loan policy, and regulatory requirements.
• Ability to prepare clear, concise analyses and recommendations for routine commercial credits while escalating complex matters.

Responsibilities

• Underwrite new, renewed, modified, and extended commercial credits within parameters.
• Collect, spread, verify, and analyze borrower information and statements.
• Prepare cash flow analyses and evaluate debt service coverage, leverage, liquidity, and profitability.
• Prepare credit memoranda, annual reviews, and approval documentation with clear conclusions.
• Identify risks and recommend action; monitor covenants and reporting requirements.
• Evaluate loan amount, term, amortization, collateral, and covenants.
• Perform risk-rating analyses consistent with policy and guidelines.
• Complete annual reviews, renewals, monitoring, and collateral checks.
• Elevate material concerns to management as needed.
• Maintain organized, confidential credit files and documentation.
• Assist with reviews, monitoring, reporting, and process improvements.

Skills

Credit analysis

Financial statement analysis

Risk assessment

Loan structuring

Communication

Education

Bachelor’s degree in finance, accounting, economics, or related field

Two or more years of experience in credit analysis or related field

Tools

Microsoft Office

Bank credit systems

Job description

Position Summary

The Underwriter I supports commercial lending and Credit Administration by analyzing borrower and guarantor financial information, evaluating credit risk, preparing credit presentations, and monitoring assigned commercial relationships. The position independently underwrites routine C&I, CRE, and other business credits within assigned size, risk, and complexity parameters and provides well-supported recommendations regarding repayment capacity, loan structure, collateral, guarantor support, risk ratings, and policy compliance.

The Underwriter I works closely with lenders, Loan Servicing, and the Chief Credit Officer to maintain complete, examination-ready credit files. More complex, higher-risk, or unusual credits are completed with guidance or review from senior credit personnel. The position does not independently approve loans, establish final risk ratings, waive policy requirements, or authorize policy exceptions unless authority is separately granted under the Bank’s Lending Authority and Approval Matrix.

Essential Duties and Responsibilities

• Underwrite new, renewed, modified, and extended commercial credits within assigned size, risk and complexity parameters.
• Collect, spread, verify, and analyze borrower and guarantor information, including financial statements, tax returns, personal financial statements, rent rolls, debt schedules, aging reports, and related documents.
• Prepare business and global cash flow analyses and evaluate debt service coverage, leverage, liquidity, profitability, financial trends, repayment sources, collateral, guarantor support, industry conditions, and the borrower’s overall financial condition.
• Prepare concise, complete credit memoranda, annual reviews, deal concept materials, and other approval documentation with clear conclusions and recommendations.
• Identify key credit risks, adverse trends, covenant concerns, policy exceptions, and other material issues; document mitigating factors and recommend appropriate action.
• Evaluate and recommend loan amount, term, amortization, collateral, guaranties, covenants, reporting requirements, and other structural conditions.
• Perform documented risk-rating analysis and recommendations consistent with Bank policy, underwriting standards/procedures and regulatory guidelines.
• Complete assigned annual reviews, renewals, interim monitoring, borrowing-base reviews, covenant tracking, financial reporting follow-up, and collateral or documentation monitoring.
• Identify deterioration or emerging weaknesses and promptly elevate material concerns to management.
• Maintain organized, accurate, confidential, and examination-ready credit files and supporting documentation.
• Assist with criticized/classified credit reviews, portfolio and concentration monitoring, credit reporting, loan review responses, process improvement, cross-training, and special projects.

Minimum Qualifications

• Bachelor’s degree in finance, accounting, business administration, economics, or a related field preferred; equivalent relevant education and experience may be considered.
• Two or more years of experience in credit analysis, commercial lending, accounting, audit, finance, or a related field preferred.
• Demonstrated ability to analyze business and personal financial statements, tax returns, global cash flow, debt service coverage, collateral, guarantor support, and related credit information.
• Working knowledge of commercial lending, loan structure, credit risk, collateral analysis, risk ratings, loan policy, and applicable regulatory requirements.
• Ability to prepare clear, concise, and well-supported analyses and recommendations for routine commercial credits while appropriately escalating complex or higher-risk matters.
• Proficiency in Microsoft Office applications and the ability to use Bank credit, financial spreading, and loan systems effectively.
• Strong analytical judgment, credit writing, communication, organization, accuracy, confidentiality, collaboration, adaptability, time management, and commitment to ethical conduct and compliance.

General and Physical Requirements

Perform essential functions with or without reasonable accommodation; remain in a stationary position and use standard office equipment for extended periods; communicate effectively in person, by telephone, and electronically; occasionally lift and carry up to 10 pounds, travel to Bank or offsite locations, and work outside normal business hours based on business needs.

Comply with all Bank policies, internal controls, information‑security requirements, and applicable laws; consistently demonstrate confidentiality, integrity, reliability, and professional conduct.

COMPANY OVERVIEW

At First National Bank (FNB), we're more than just a place to work—we're a locally‑owned community bank deeply invested in the success of our neighbors. Headquartered in Williamson, WV, we blend the tradition of a Hometown Community Bank with the convenience of modern services to help our clients take control of their finances. If you're passionate about making a real impact, we invite you to build your career with us.

BENEFIT PROGRAM

Featured benefits for full-time team members include:

• Health, dental, and vision insurance
• Life and disability insurance
• Critical illness, accident, and hospital indemnity insurance
• Pet insurance and pet discount program
• 401(k) plan
• Generous paid time off policy
• Generous holiday schedule

Equal Opportunity Employment

We provide equal employment opportunities (EEO) to all employees and applicants for employment without regard to race, color, religion, sex, national origin, age, disability or genetics. In addition to federal law requirements, the organizations comply with applicable state and local laws governing nondiscrimination in employment in every location in which it has operations. This policy applies to all terms and conditions of employment, including recruiting, hiring, placement, and compensation.