Bank of North Dakota
Hiring Range: $70,532 - $88,165 annually
Location: This position may be located in Bank of North Dakota's Bismarck or Fargo office locations or has the option to work remote provided the candidate is a ND resident and resides within the state of North Dakota.
Bank of North Dakota (BND) is seeking a
Credit Underwriter III
to play a key role in supporting the Bank's mission of promoting agriculture, commerce, and industry across the state. Working alongside North Dakota's financial institutions, BND helps fuel economic development and serves as the central depository for state funds-making a real impact in communities statewide.
At BND, your work matters and your contributions are rewarded. We’re proud to offer a Recruiting and Retention Incentive Plan in addition to a comprehensive benefits package that includes fully paid family health insurance, generous paid leave, flexible work-life balance options, retirement plans, an infant-at-work program, tuition reimbursement, and more.
Be part of something bigger - join the Bank that helps North Dakota thrive.
As a
Credit Underwriter III , you will conduct advanced credit analysis and underwriting for commercial, agricultural, political subdivision, and economic development loan requests. You will independently evaluate complex loan packages by gathering and analyzing financial information, preparing complete credit presentations, and making well-supported underwriting recommendations. In this role, you will exercise a high level of judgment and decision-making while managing strict deadlines for presentation to governing committees.
In this position, you will perform moderate to highly complex commercial and agricultural credit analysis to assess cash flow adequacy and repayment capacity for business and personal debt, with total aggregate credit exposure typically ranging from $500,000 to $10,000,000. You will complete break-even repayment analysis, stress testing, scenario analysis, UCA cash flow analysis, and capitalization ratio analysis for real estate valuation. You will recommend appropriate credit structures, including repayment terms, financial covenants, construction considerations, and ongoing monitoring requirements. You will also review moderately complex appraisals and internal evaluations to determine reasonableness, compliance with regulations, and overall credit risk.
You will underwrite loan requests for presentation to the BND Investment Committee, BND Advisory Board, and Industrial Commission, ensuring accuracy, completeness, and timeliness. You will complete annual reviews of existing loans, prepare problem loan reports that may initiate collection or foreclosure activities, and analyze and assign loan classifications and risk ratings. Travel may be required to visit borrower sites, with frequency increasing based on the complexity of the credit being analyzed. You will also participate in projects that support the initiatives and goals of Credit Administration.
As a senior member of the Credit Underwriter job series, you will serve as a mentor, trainer, and coach to new staff and lower-level underwriters. You will promote consistent underwriting standards, knowledge sharing, and professional development while contributing to a collaborative and high-performing credit team.
To be successful in this position You will bring strong analytical skills, sound credit judgment, and the ability to independently underwrite complex loan structures. You will be comfortable working under tight deadlines, presenting recommendations to committees, and balancing multiple priorities. You will have a solid understanding of commercial and agricultural lending practices, financial statement analysis, and risk assessment, along with strong written and verbal communication skills.
To be considered for this position You will have a bachelor's degree in accounting, banking, business administration, economics, or a closely related field, along with a minimum of four years of commercial and/or agricultural lending, credit, or financial analysis experience. Additional qualifying work experience may substitute for the education requirement on a year-for-year basis.
About Team ND "Far and away the best prize life offers is the chance to work hard at work worth doing." - Theodore Roosevelt
More than 7,500 talented, hard-working people across sixty-three agencies have come together as Team North Dakota. At Team ND, we are driven to succeed through gratitude, humility, curiosity and courage. Our purpose is to empower people, improve lives, and inspire success. Join us in being legendary.
Total Rewards The State of North Dakota is committed to providing team members with a strong and competitive rewards package that support you, your health and your family.
Considering a new position on Team ND? How does your current position stack up? Use our Total Rewards Calculator to estimate.
Application Procedures Please attach a resume to your electronic application. All application material must be received by 11:59 PM Central Standard Time (CST) on the closing date. Application form and resume should demonstrate the knowledge, skills, and abilities that are needed to meet the minimum qualifications for this position. Application materials will be scored based on a 100-point job related personnel system. Applications should include information which directly addresses how the applicant meets the minimum qualifications and summary of work. It is very important to be thorough and detailed on all your application materials.
Applicants who experience technical difficulties during the application process should contact recruiter@nd.gov or 701.328.3290. If accommodations or assistance is needed in the application or interview process, please contact Mallory Green at mallgreen@nd.gov 701.328.6573 or TTY users may use Relay North Dakota at 711 or 800.366.6888.
Notice to prospective employees that the Bank of North Dakota complies with the U.S. Dept. of Labor Family and Medical Leave Act (FMLA); and all information contained within, at www.dol.gov/whd/fmla.
A credit, state and federal background check will be conducted on the final candidate.
Equal Employment Opportunity The State of North Dakota and this hiring agency do not discriminate on the basis of race, color, national origin, sex (including sexual orientation and gender identity), genetics, religion, age or disability in employment or the provisions of services and complies with the provisions of the North Dakota Human Rights Act.
As an employer, the State of North Dakota prohibits smoking in all places of state employment in accordance with N.D.C.C. Sect. 23-12-10.
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Bank of North Dakota (BND) is seeking a
Credit Underwriter III
to play a key role in supporting the Bank's mission of promoting agriculture, commerce, and industry across the state. Working alongside North Dakota's financial institutions, BND helps fuel economic development and serves as the central depository for state funds-making a real impact in communities statewide.
At BND, your work matters and your contributions are rewarded. We’re proud to offer a Recruiting and Retention Incentive Plan in addition to a comprehensive benefits package that includes fully paid family health insurance, generous paid leave, flexible work-life balance options, retirement plans, an infant-at-work program, tuition reimbursement, and more.
Be part of something bigger - join the Bank that helps North Dakota thrive.
As a
Credit Underwriter III , you will conduct advanced credit analysis and underwriting for commercial, agricultural, political subdivision, and economic development loan requests. You will independently evaluate complex loan packages by gathering and analyzing financial information, preparing complete credit presentations, and making well-supported underwriting recommendations. In this role, you will exercise a high level of judgment and decision-making while managing strict deadlines for presentation to governing committees.
In this position, you will perform moderate to highly complex commercial and agricultural credit analysis to assess cash flow adequacy and repayment capacity for business and personal debt, with total aggregate credit exposure typically ranging from $500,000 to $10,000,000. You will complete break-even repayment analysis, stress testing, scenario analysis, UCA cash flow analysis, and capitalization ratio analysis for real estate valuation. You will recommend appropriate credit structures, including repayment terms, financial covenants, construction considerations, and ongoing monitoring requirements. You will also review moderately complex appraisals and internal evaluations to determine reasonableness, compliance with regulations, and overall credit risk.
You will underwrite loan requests for presentation to the BND Investment Committee, BND Advisory Board, and Industrial Commission, ensuring accuracy, completeness, and timeliness. You will complete annual reviews of existing loans, prepare problem loan reports that may initiate collection or foreclosure activities, and analyze and assign loan classifications and risk ratings. Travel may be required to visit borrower sites, with frequency increasing based on the complexity of the credit being analyzed. You will also participate in projects that support the initiatives and goals of Credit Administration.
As a senior member of the Credit Underwriter job series, you will serve as a mentor, trainer, and coach to new staff and lower-level underwriters. You will promote consistent underwriting standards, knowledge sharing, and professional development while contributing to a collaborative and high-performing credit team.
To be successful in this position You will bring strong analytical skills, sound credit judgment, and the ability to independently underwrite complex loan structures. You will be comfortable working under tight deadlines, presenting recommendations to committees, and balancing multiple priorities. You will have a solid understanding of commercial and agricultural lending practices, financial statement analysis, and risk assessment, along with strong written and verbal communication skills.
To be considered for this position You will have a bachelor's degree in accounting, banking, business administration, economics, or a closely related field, along with a minimum of four years of commercial and/or agricultural lending, credit, or financial analysis experience. Additional qualifying work experience may substitute for the education requirement on a year-for-year basis.
About Team ND "Far and away the best prize life offers is the chance to work hard at work worth doing." - Theodore Roosevelt
More than 7,500 talented, hard-working people across sixty-three agencies have come together as Team North Dakota. At Team ND, we are driven to succeed through gratitude, humility, curiosity and courage. Our purpose is to empower people, improve lives, and inspire success. Join us in being legendary.
Total Rewards The State of North Dakota is committed to providing team members with a strong and competitive rewards package that support you, your health and your family.
Considering a new position on Team ND? How does your current position stack up? Use our Total Rewards Calculator to estimate.
Application Procedures Please attach a resume to your electronic application. All application material must be received by 11:59 PM Central Standard Time (CST) on the closing date. Application form and resume should demonstrate the knowledge, skills, and abilities that are needed to meet the minimum qualifications for this position. Application materials will be scored based on a 100-point job related personnel system. Applications should include information which directly addresses how the applicant meets the minimum qualifications and summary of work. It is very important to be thorough and detailed on all your application materials.
Applicants who experience technical difficulties during the application process should contact recruiter@nd.gov or 701.328.3290. If accommodations or assistance is needed in the application or interview process, please contact Mallory Green at mallgreen@nd.gov 701.328.6573 or TTY users may use Relay North Dakota at 711 or 800.366.6888.
Notice to prospective employees that the Bank of North Dakota complies with the U.S. Dept. of Labor Family and Medical Leave Act (FMLA); and all information contained within, at www.dol.gov/whd/fmla.
A credit, state and federal background check will be conducted on the final candidate.
Equal Employment Opportunity The State of North Dakota and this hiring agency do not discriminate on the basis of race, color, national origin, sex (including sexual orientation and gender identity), genetics, religion, age or disability in employment or the provisions of services and complies with the provisions of the North Dakota Human Rights Act.
As an employer, the State of North Dakota prohibits smoking in all places of state employment in accordance with N.D.C.C. Sect. 23-12-10.
#J-18808-Ljbffr