Join us as a
Senior Underwriter
at
Alma Bank . Responsibilities Originate, underwrite, credit analyze, and write up of loans and construction (ADC) loans. Evaluate prospective and/or existing real estate loan requests by spreading and analyzing current and proposed property and/or business operating statements. Demonstrate a thorough understanding of various loan asset classes, spread personal financial statements and tax returns, and be proficient in K?1s and global cash flow analysis. Identify recurring and non?recurring sources of cash flow, assess the propertys ability to cover debt service, and determine the client/guarantors capacity to support the property. Review and assess pertinent documentation such as leases, purchase/sale agreements, DHCR printouts, certificate of occupancy (CO), building violations, rent rolls, income and expense statements, personal and corporate tax returns, and debt schedules for consistency and accuracy with credit narratives. Interface with Lending Officers and Relationship Managers to assist in the pre?screening and sizing of potential loans. Monitor compliance with loan policy and relevant state and FDIC banking regulations. Monitor overall performance of Credit Officers/Underwriters and provide guidance to department managers, officers, and staff in their respective functions. Ensure compliance and quality control of policies and pricing disciplines through implementation, maintenance, and measurement of policies, procedures, and related infrastructure documentation. Maintain a working knowledge of all laws and regulations to ensure all job accountabilities comply with legal and regulatory requirements. Monitor the performance, direction, and composition of the loan portfolios. Work with Relationship Managers to actively address past dues, technical deficiencies, and other portfolio management or administrative unresolved issues. Order and review property appraisal reports, environmental (Phase?I and?II), and engineering reports as part of loan due diligence, and interface with third?party vendors to resolve any issues promptly. Work on special projects related to CRE, construction, and appraisals as needed.
Qualified Candidates
BA or BS in Accounting, Finance, Economics, Business Administration, or Real Estate preferred. 510 years of related experience and/or training in underwriting/loan review/appraisal, or an equivalent combination of education and experience. Prior experience underwriting various property types such as multifamily, mixed?use, retail, office, warehouse, and owner?occupied commercial. CRE construction underwriting experience is a strong plus. Proficiency in legal terminology and documentation to ensure loan terms are correctly interpreted and captured for monitoring. Track record of working under pressure and managing multiple projects with limited supervision. Excellent oral and written communication skills, as well as analytical, mathematical, and reasoning abilities. Technical aptitude with Microsoft Office and Excel databases. Self?starter with strong work ethic and business integrity.
Salary Range: $95,000 - $130,000 commensurate with experience. #J-18808-Ljbffr
Senior Underwriter
at
Alma Bank . Responsibilities Originate, underwrite, credit analyze, and write up of loans and construction (ADC) loans. Evaluate prospective and/or existing real estate loan requests by spreading and analyzing current and proposed property and/or business operating statements. Demonstrate a thorough understanding of various loan asset classes, spread personal financial statements and tax returns, and be proficient in K?1s and global cash flow analysis. Identify recurring and non?recurring sources of cash flow, assess the propertys ability to cover debt service, and determine the client/guarantors capacity to support the property. Review and assess pertinent documentation such as leases, purchase/sale agreements, DHCR printouts, certificate of occupancy (CO), building violations, rent rolls, income and expense statements, personal and corporate tax returns, and debt schedules for consistency and accuracy with credit narratives. Interface with Lending Officers and Relationship Managers to assist in the pre?screening and sizing of potential loans. Monitor compliance with loan policy and relevant state and FDIC banking regulations. Monitor overall performance of Credit Officers/Underwriters and provide guidance to department managers, officers, and staff in their respective functions. Ensure compliance and quality control of policies and pricing disciplines through implementation, maintenance, and measurement of policies, procedures, and related infrastructure documentation. Maintain a working knowledge of all laws and regulations to ensure all job accountabilities comply with legal and regulatory requirements. Monitor the performance, direction, and composition of the loan portfolios. Work with Relationship Managers to actively address past dues, technical deficiencies, and other portfolio management or administrative unresolved issues. Order and review property appraisal reports, environmental (Phase?I and?II), and engineering reports as part of loan due diligence, and interface with third?party vendors to resolve any issues promptly. Work on special projects related to CRE, construction, and appraisals as needed.
Qualified Candidates
BA or BS in Accounting, Finance, Economics, Business Administration, or Real Estate preferred. 510 years of related experience and/or training in underwriting/loan review/appraisal, or an equivalent combination of education and experience. Prior experience underwriting various property types such as multifamily, mixed?use, retail, office, warehouse, and owner?occupied commercial. CRE construction underwriting experience is a strong plus. Proficiency in legal terminology and documentation to ensure loan terms are correctly interpreted and captured for monitoring. Track record of working under pressure and managing multiple projects with limited supervision. Excellent oral and written communication skills, as well as analytical, mathematical, and reasoning abilities. Technical aptitude with Microsoft Office and Excel databases. Self?starter with strong work ethic and business integrity.
Salary Range: $95,000 - $130,000 commensurate with experience. #J-18808-Ljbffr