BBLU Credit Underwriter I
Renasant Bank, Memphis, TN, United States
BBLU Credit Underwriter I
Overview
The BBLU Credit Underwriter I position provides fundamental commercial credit and financial analysis support to Renasant Bank's Business Banking Lending Unit (BBLU).
RENASANT BANK IS AN EQUAL OPPORTUNITY EMPLOYER
Responsibilities
Complete financial analysis of borrowers and guarantors for BBLU size commercial credits
Develop credit information for use by the BBLU in making lending decisions on new, renewal and prospective loans by:
Use a checklist to determine if all necessary financial information has been received on the borrower and guarantors for assigned loan requests. If information is missing, it is requested
Review and analyze all pertinent credit and financial information including business and personal financial statements, business and personal tax returns and business and personal credit reports to determine credit worthiness of borrowers and guarantors
Prepare all financial spreads and global cash flows
Prepare summary written financial analysis of borrowers and guarantors in the LSP and offers opinions concerning credit worthiness to relationship managers and credit officers
Manage pipeline workflow communicating accordingly with manager as needed
Ensure high quality production and turnaround standards are achieved
Requires direct supervision, oversight and guidance in completion of assigned responsibilities
Complete nCino responsibilities for each assigned loan in accordance with the BBLU Job Aide including: Pre-Flights, Determining Total Exposure, Final Review Steps, Covenants, Exceptions, Loading Credit Information into the respective Doc Mans and Additional Information
Work with loan officers over the telephone to assist them in qualifying loans.
Complete the BBLU Loan Rate Calculator for pricing
Apply Renasant Bank's Loan Policies and Department Procedures consistently in the performance of assigned duties and responsibilities
Perform other related duties as assigned
Qualifications
Bachelor's Degree in Finance, Accounting, Business or Economics preferred (or equivalent years of directly related experience will be considered)
Minimum of 1 year of Commercial Underwriting experience or 3 years prior applicable banking/lending experience
Ability identify different commercial loan types and purposes
Ability to analyze tax returns, accountant prepared financial statements and internally prepared financial statements
Must be able to prioritize and plan work activities as to use time efficiently to consistently complete the underwriting of one credit per day
Ability to work independently and as part of a team
Strong verbal and written communication skills
Ability to learn and use new systems, processes, policies and procedures effectively and efficiently
Ability to manage multiple deadlines
Proficient in microsoft office suite of products including outlook, word, and excel
Ability to use a financial calculator to calculate loan payments and other financial calculations
Ability to learn varied job assignments readily
Be a positive, proactive and flexible employee providing RNSTXcellence service to both internal and external relationships
Physical Demands The physical demands described are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. While performing the duties of this job, the employee is frequently required to stand or sit; kneel, stoop, or squat; use hands or fingers to handle or feel objects, tools or controls; reach with hands and arms, and talk or hear. The employee is occasionally required to walk. The employee must occasionally lift and /or move up to 25 pounds. Specific vision abilities required by this job include close vision, peripheral vision, depth perception and the ability to focus.
Work Environment The Bank's professional working environment requires employees to communicate effectively, both verbally and in writing. Employees must demonstrate strong interpersonal skills when working closely with internal business partners and external clients. Employees may be exposed to confidential and propriety information within the working environment, therefore, must uphold confidentiality at all times. Due to the possibility of being exposed to high risk situations (i.e. robbery), detailed instructions and procedures are required to be followed at all times to safeguard the Bank's employees, customers, and assets.
The above is intended to describe the general content of and requirements for the performance of this job. It is not to be construed as an exhaustive statement of duties, responsibilities, or requirements. The principal duties and responsibilities enumerated are all essential job functions except for those that begin with the word "May".
This job description is intended to describe the normal level of work required by the person performing the work. The principle duties outlined are the essential responsibilities and duties. Other duties may be assigned as needs arise. Job requirements and/or processes may be modified to reasonably accommodate persons with a disability as required by law.
This description is not intended as a contract and is subject to change. Any written contractual agreements supersede this job description.
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RENASANT BANK IS AN EQUAL OPPORTUNITY EMPLOYER
Responsibilities
Complete financial analysis of borrowers and guarantors for BBLU size commercial credits
Develop credit information for use by the BBLU in making lending decisions on new, renewal and prospective loans by:
Use a checklist to determine if all necessary financial information has been received on the borrower and guarantors for assigned loan requests. If information is missing, it is requested
Review and analyze all pertinent credit and financial information including business and personal financial statements, business and personal tax returns and business and personal credit reports to determine credit worthiness of borrowers and guarantors
Prepare all financial spreads and global cash flows
Prepare summary written financial analysis of borrowers and guarantors in the LSP and offers opinions concerning credit worthiness to relationship managers and credit officers
Manage pipeline workflow communicating accordingly with manager as needed
Ensure high quality production and turnaround standards are achieved
Requires direct supervision, oversight and guidance in completion of assigned responsibilities
Complete nCino responsibilities for each assigned loan in accordance with the BBLU Job Aide including: Pre-Flights, Determining Total Exposure, Final Review Steps, Covenants, Exceptions, Loading Credit Information into the respective Doc Mans and Additional Information
Work with loan officers over the telephone to assist them in qualifying loans.
Complete the BBLU Loan Rate Calculator for pricing
Apply Renasant Bank's Loan Policies and Department Procedures consistently in the performance of assigned duties and responsibilities
Perform other related duties as assigned
Qualifications
Bachelor's Degree in Finance, Accounting, Business or Economics preferred (or equivalent years of directly related experience will be considered)
Minimum of 1 year of Commercial Underwriting experience or 3 years prior applicable banking/lending experience
Ability identify different commercial loan types and purposes
Ability to analyze tax returns, accountant prepared financial statements and internally prepared financial statements
Must be able to prioritize and plan work activities as to use time efficiently to consistently complete the underwriting of one credit per day
Ability to work independently and as part of a team
Strong verbal and written communication skills
Ability to learn and use new systems, processes, policies and procedures effectively and efficiently
Ability to manage multiple deadlines
Proficient in microsoft office suite of products including outlook, word, and excel
Ability to use a financial calculator to calculate loan payments and other financial calculations
Ability to learn varied job assignments readily
Be a positive, proactive and flexible employee providing RNSTXcellence service to both internal and external relationships
Physical Demands The physical demands described are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. While performing the duties of this job, the employee is frequently required to stand or sit; kneel, stoop, or squat; use hands or fingers to handle or feel objects, tools or controls; reach with hands and arms, and talk or hear. The employee is occasionally required to walk. The employee must occasionally lift and /or move up to 25 pounds. Specific vision abilities required by this job include close vision, peripheral vision, depth perception and the ability to focus.
Work Environment The Bank's professional working environment requires employees to communicate effectively, both verbally and in writing. Employees must demonstrate strong interpersonal skills when working closely with internal business partners and external clients. Employees may be exposed to confidential and propriety information within the working environment, therefore, must uphold confidentiality at all times. Due to the possibility of being exposed to high risk situations (i.e. robbery), detailed instructions and procedures are required to be followed at all times to safeguard the Bank's employees, customers, and assets.
The above is intended to describe the general content of and requirements for the performance of this job. It is not to be construed as an exhaustive statement of duties, responsibilities, or requirements. The principal duties and responsibilities enumerated are all essential job functions except for those that begin with the word "May".
This job description is intended to describe the normal level of work required by the person performing the work. The principle duties outlined are the essential responsibilities and duties. Other duties may be assigned as needs arise. Job requirements and/or processes may be modified to reasonably accommodate persons with a disability as required by law.
This description is not intended as a contract and is subject to change. Any written contractual agreements supersede this job description.
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