Underwriter II

Ephrata National Bank; Ephrata (Lancaster County); On-site; USD 80,000 - 115,200; Full time

Benefits offered by this job

Medical and prescription drug coverage

Health savings account

Dental and vision insurance

401(k) with employer match

Paid time off programs

Disability insurance

Educational assistance

Wellness program

Job summary

Ephrata National Bank in Lancaster County, PA, seeks an experienced Credit Analyst to independently prepare complete credit packages for commercial and agricultural loan requests under limited supervision. You will analyze financial information, assess risk, and contribute to loan structuring and underwriting within delegated authority up to $750,000.

Responsibilities include generating loan narratives, collaborating with team members, and ensuring compliance with credit policy and regulatory

Qualifications

• 4-6 years of relevant experience required.
• Bachelor’s degree in Accounting, Finance or business related field from an accredited college or university required.
• Experience across multiple lines of business, particularly commercial and/or agricultural lending is preferred.
• Thorough knowledge of accounting, financial analysis methods and techniques, and spreadsheet applications.
• Thorough knowledge of credit concepts and principles, loan documentation, bank services and operations.
• Strong ability to analyze credits and possess detailed knowledge of lending structure and cash flow analysis.
• Strong organizational and analytical skills.
• Strong presentation skills.

Responsibilities

• Analyze all forms of credit information and independently prepare a complete, documented credit package for loan requests (commercial and agricultural).
• Actively collaborate with teammates to finalize credit recommendations.
• Deliver on organization metrics and KPIs to ensure timely underwriting results.
• Prepare loan narratives for larger and more complex transactions with concise summaries of financial analysis.
• Independently take credit action within designated lending authority.
• Maintain knowledge of policy and regulations and monitor loan covenants.

Skills

Credit analysis

Financial analysis

Lending concepts

Cash flow analysis

Analytical skills

Organizational skills

Presentation skills

Education

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

Tools

Excel

Job description

Summary:

Under limited supervision, analyze all forms of credit information and independently prepare a complete, documented credit package for all types of loan requests for the Credit Services Department to include both commercial and agricultural loans.

Essential Functions:

Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

• Actively collaborate with applicable teammates to finalize credit recommendations.
• Delegated authority - up to $750,000.
• Deliver on organization metrics and KPIs to ensure timely and quality underwriting results.
• Days assigned to when underwriting is completed.
• Quality of work measured by the number of findings uncovered by loan review or regulators.
• Quality of work measured by number of risk rating changes by loan review or regulators.

Analyze financial information for new loan requests, renewals and modifications up to established exposure limits.

Accurately complete historical trends, pro-forma projections, debt repayment schedules, consolidations, and stress testing with minimal supervision.

Reviews and makes applicable recommendations in loan structure to ensure that acceptable credit standards are maintained and that all loans conform to credit policy while fully mitigating exceptions to policy.

Makes recommendations regarding risk rating of commercial and agricultural accounts and assesses collateral quality and values. Establishes risk rating within their delegated authority.

Independently prepare loan narratives on larger and more complex transactions which provide an adequate summary of the financial analysis, addressing the applicable character, capacity, collateral, capital and conditions of the credit, highlighting credit strengths and weaknesses that supports the credit recommendation.

Attend the Bank’s Loan Committee when appropriate.

Maintain a strong working knowledge of Bank policies and pertinent lending regulations.

Independently take credit action within their designated lending authority.

Maintain and grow knowledge of industry trends and risks within the marketplace which may have a direct or indirect impact on the Commercial and Agricultural Lending portfolio.

Assist in monitoring accounts for compliance to loan covenants and other on-going conditions of the loan approval. Verifies assets and debts when necessary by using technology and resources available. Assist in monitoring of borrowing bases as applicable.

Performs other duties/projects as assigned.

Required Education and Experience:

• 4-6 years of relevant experience required.
• Bachelor’s degree in Accounting, Finance or business related field from an accredited college or university required.
• Experience across multiple lines of business, particularly commercial and/or agricultural lending is preferred.
• Thorough knowledge of accounting, financial analysis methods and techniques, and spreadsheet applications.
• Thorough knowledge of credit concepts and principles, loan documentation, bank services and operations.
• Strong ability to analyze credits and possess detailed knowledge of lending structure and cash flow analysis.
• Strong organizational and analytical skills.
• Strong presentation skills.

Competencies:

• ENB Operational and Functional Competencies.

Supervisory Requirements:

This position does not have any supervisory responsibilities.

Work Environment:

This job operates in a professional work environment. This role routinely uses standard office equipment such as computers, monitors, mouse, keyboard, phones, printers, scanners, photocopiers, filing cabinets, calculator, and fax machines.

Physical Demands:

Ephrata National Bank promotes an equal opportunity workplace, which includes reasonable accommodations of otherwise qualified disabled applicants and employees. The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job.

While performing the duties of this job, the employee is regularly required to talk or hear. Specific vision required by the job includes close vision, distance vision, and ability to focus. While this position is primarily sedentary, the employee is frequently required to stand, walk, use hands to finger, handle or feel objects or controls, reach with hands and arms, bend, balance, stoop, kneel, and crouch. The employee must be able to lift and/or move up to 25 pounds including standard computer and copy paper boxes, and must be able to open and close filing cabinets and drawers.

Position Type and Expected Hours of Work:

This is a full-time position. Days and hours of work are Monday through Friday, 8:00 a.m. to 5 p.m. Flexibility of schedule to meet business needs is required.

Salary:$80,000.00 - $115,200.00

Pay Transparency:

Salaries may vary based on geographic location, market data, and individual skills, experience, and education. This role is incentive-eligible, with payment based on company, business, and/or individual performance.

Benefits:

• medical plans with prescription drug coverage
• health savings account and/or flexible spending account
• dependent care flexible spending account
• dental and vision insurance
• life insurance
• 401(k) program with employer match and Employee Stock Purchase Plan
• paid time off programs including holiday pay, jury duty, and bereavement
• disability insurance coverage and maternity and parental leave
• educational assistance and a robust wellness program with financial incentives.

To learn more about your potential eligibility for these programs, please visit

Travel:

This position may require travel.

EEO Statement:

Ephrata National Bank is an equal opportunity employer and does not discriminate on the basis of any legally protected status or characteristic. Protected veterans and individuals with disabilities are encouraged to apply.

This job description reflects management’s assignment of essential functions and position responsibilities. Nothing in this job description restricts management’s rights to assign or reassign duties and responsibilities to this job at any time. The employee is expected to adhere to all of Ephrata National Bank’s procedures and to act as a role model in adherence to the bank’s policies.