147 - Commercial Underwriter III
Kennebunk Savings, Kennebunk, ME, United States
Scope of Work
Under the minimal guidance of the Commercial Credit Underwriting Manager, the incumbent performs independent financial analysis for all commercial loan request types regardless of size or complexity. This may include participation loans, specialized commercial & industrial and real estate investment / construction loans. Occasionally one may see tax credit (historical, state), municipal and non-profit lending requests. Accurately and consistently identifies underlying risks engaging in high level discussions with senior management as necessary. Incumbent ensures any deviations from commercial loan policy are noted and that work is in compliance with applicable laws, policies and regulations as detailed in the Commercial Loan Policy Manual. Incumbent serves as a mentor to junior analysts in the department, reviewing loan proposals as needed and preparing & facilitating departmental training. This individual would possess loan authority thereby having ability to approve or deny loan requests.
Essential Functions (3) Manages Pipeline through use of workflow application:
Adheres to established Service Level Agreements (SLAs)
Manages timely receipt of current financial information and other pertinent information required to form complete loan package
Provides proactive and on-going communication with lenders regarding the status of their loans in the department’s pipeline
Analyzes financial statements for guarantors and businesses:
Recognizes trends and can formulate appropriate responses regarding the feasibility of credit requests
Provides loan approval recommendations to the appropriate lending authority and as applicable, maintains lending authority over a level of their own work
Identifies, quantifies and shares business risks as well as key drivers of risk with lenders and senior management as warranted
Initiates discussions regarding the structure of complex loan requests including participations and multi-structure credit requests
Maintains various reports and updates data used to track performance
Other Duties & Responsibilities
Assists with coaching, training and leading staff or other bank personnel in credit and financial analysis techniques
Promotes the Kennebunk Savings Brand by recommending our products and services, supporting our community focus & commitment to being a premier employer
Understands, supports and adheres to applicable organizational policies/procedures and state/federal regulations
Consistently emphasizes the importance of teamwork in the department and company at large
Responsible for keeping abreast of company news and information
Responsible for completing required training and policy review
May serve on various committees
Willingness to take on additional tasks and duties
Certifications & Licenses Required
Not applicable
Desired Knowledge, Skills & Abilities
Knowledge of financial accounting with ability to spread and analyze financial statements/tax returns from businesses and individuals
Knowledge of loan programs offered by government agencies such as FAME and SBA
Displays high level of regard for trust and confidentiality
Proficient in Microsoft Office Products
Displays strong written and verbal communication skills
Displays strong organizational skills and the ability to multi-task to meet established deadlines
Demonstrates a high level of accuracy and attention to detail
Effectively uses analytical skills to solve technical, as well as, non-technical problems
Prior knowledge of regulations within the financial services industry is preferred
Ability to adapt to change
Desired Job Experience
5+ years of commercial lending/credit experience is preferred
Experience in a professional, service focused and fast-paced environment
Desired Education
Bachelor’s Degree in Accounting or Business is preferred
Working Conditions & Minimum Physical Requirements
Physical surroundings are generally pleasant and comfortable with minimal exposure to injury or other hazards
Dexterity of hands and fingers to operate a computer and other office equipment
Lifting and moving of moderately heavy objects on occasion
Normally seated for extended periods of time
External and internal applicants, as well as position incumbents who become disabled as defined under the Americans with Disabilities Act, or Maine/New Hampshire Human Rights Commissions, must be able to perform the essential job functions (as listed) either unaided or with the assistance of a reasonable accommodation to be determined by management on a case-by-case basis.
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Essential Functions (3) Manages Pipeline through use of workflow application:
Adheres to established Service Level Agreements (SLAs)
Manages timely receipt of current financial information and other pertinent information required to form complete loan package
Provides proactive and on-going communication with lenders regarding the status of their loans in the department’s pipeline
Analyzes financial statements for guarantors and businesses:
Recognizes trends and can formulate appropriate responses regarding the feasibility of credit requests
Provides loan approval recommendations to the appropriate lending authority and as applicable, maintains lending authority over a level of their own work
Identifies, quantifies and shares business risks as well as key drivers of risk with lenders and senior management as warranted
Initiates discussions regarding the structure of complex loan requests including participations and multi-structure credit requests
Maintains various reports and updates data used to track performance
Other Duties & Responsibilities
Assists with coaching, training and leading staff or other bank personnel in credit and financial analysis techniques
Promotes the Kennebunk Savings Brand by recommending our products and services, supporting our community focus & commitment to being a premier employer
Understands, supports and adheres to applicable organizational policies/procedures and state/federal regulations
Consistently emphasizes the importance of teamwork in the department and company at large
Responsible for keeping abreast of company news and information
Responsible for completing required training and policy review
May serve on various committees
Willingness to take on additional tasks and duties
Certifications & Licenses Required
Not applicable
Desired Knowledge, Skills & Abilities
Knowledge of financial accounting with ability to spread and analyze financial statements/tax returns from businesses and individuals
Knowledge of loan programs offered by government agencies such as FAME and SBA
Displays high level of regard for trust and confidentiality
Proficient in Microsoft Office Products
Displays strong written and verbal communication skills
Displays strong organizational skills and the ability to multi-task to meet established deadlines
Demonstrates a high level of accuracy and attention to detail
Effectively uses analytical skills to solve technical, as well as, non-technical problems
Prior knowledge of regulations within the financial services industry is preferred
Ability to adapt to change
Desired Job Experience
5+ years of commercial lending/credit experience is preferred
Experience in a professional, service focused and fast-paced environment
Desired Education
Bachelor’s Degree in Accounting or Business is preferred
Working Conditions & Minimum Physical Requirements
Physical surroundings are generally pleasant and comfortable with minimal exposure to injury or other hazards
Dexterity of hands and fingers to operate a computer and other office equipment
Lifting and moving of moderately heavy objects on occasion
Normally seated for extended periods of time
External and internal applicants, as well as position incumbents who become disabled as defined under the Americans with Disabilities Act, or Maine/New Hampshire Human Rights Commissions, must be able to perform the essential job functions (as listed) either unaided or with the assistance of a reasonable accommodation to be determined by management on a case-by-case basis.
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