Salem Five Bank
Salem Five Overview
Salem Five is a growing regional financial services organization with a rich history of over 160 years. As an independent bank, we are deeply rooted in the communities we serve and offer our employees successful and rewarding careers.
Location Salem, MA – This position requires the ability to work in the Salem, MA offices.
Job Overview We are seeking a Commercial Underwriter to perform underwriting across all commercial lending verticals and manage related reporting and compliance responsibilities.
Responsibilities
Perform underwriting across C&I, CRE, Construction, and related verticals in accordance with bank pipeline demands.
Manage department reporting assignments including Loan Policy Exception, NAICS, Financial Tracking, Concentration of Credit, Annual Review, and other reports requested by the Chief Credit Officer.
Own the department’s role in completing the bank’s Allowance for Loan Loss reporting quarterly.
Complete financial statement spreading in Baker Hill in collaboration with the underwriting team.
Manage the department internship program.
Demonstrate compliance with banking laws, regulations, and company policies.
Assist in developing junior personnel and planning workflow for the team.
Perform other duties as requested.
Qualifications
Bachelor’s degree from a four‑year college or university.
Minimum of three to five years of relevant credit underwriting experience.
Strong knowledge of state regulatory guidelines and compliance.
Excellent analytical, communication, and organizational skills.
Physical Demands Regular use of hands to handle, touch, or feel; frequent sitting; occasional standing, walking, reaching with hands or arms; occasional lifting/moving up to 10 pounds. Adequate vision for close work. Reasonable accommodations may be made for qualified individuals with disabilities.
Benefits
Health, Dental, and Vision Insurance
Flexible Spending Account
Savings Account
401(k) Matching
Tuition Reimbursement
Employee Referral Program
Summer Family Outing
Annual Holiday Reception
Salary Range $80,000 – $110,000 annually, subject to qualifications, experience, and performance.
How to Apply Qualified candidates may submit a resume and application online at
salemfive.com/careers
or mail a resume to Human Resources, 210 Essex Street, Salem, MA 01970. No unsolicited resumes will be accepted from agencies.
#J-18808-Ljbffr
Location Salem, MA – This position requires the ability to work in the Salem, MA offices.
Job Overview We are seeking a Commercial Underwriter to perform underwriting across all commercial lending verticals and manage related reporting and compliance responsibilities.
Responsibilities
Perform underwriting across C&I, CRE, Construction, and related verticals in accordance with bank pipeline demands.
Manage department reporting assignments including Loan Policy Exception, NAICS, Financial Tracking, Concentration of Credit, Annual Review, and other reports requested by the Chief Credit Officer.
Own the department’s role in completing the bank’s Allowance for Loan Loss reporting quarterly.
Complete financial statement spreading in Baker Hill in collaboration with the underwriting team.
Manage the department internship program.
Demonstrate compliance with banking laws, regulations, and company policies.
Assist in developing junior personnel and planning workflow for the team.
Perform other duties as requested.
Qualifications
Bachelor’s degree from a four‑year college or university.
Minimum of three to five years of relevant credit underwriting experience.
Strong knowledge of state regulatory guidelines and compliance.
Excellent analytical, communication, and organizational skills.
Physical Demands Regular use of hands to handle, touch, or feel; frequent sitting; occasional standing, walking, reaching with hands or arms; occasional lifting/moving up to 10 pounds. Adequate vision for close work. Reasonable accommodations may be made for qualified individuals with disabilities.
Benefits
Health, Dental, and Vision Insurance
Flexible Spending Account
Savings Account
401(k) Matching
Tuition Reimbursement
Employee Referral Program
Summer Family Outing
Annual Holiday Reception
Salary Range $80,000 – $110,000 annually, subject to qualifications, experience, and performance.
How to Apply Qualified candidates may submit a resume and application online at
salemfive.com/careers
or mail a resume to Human Resources, 210 Essex Street, Salem, MA 01970. No unsolicited resumes will be accepted from agencies.
#J-18808-Ljbffr