AVP Commercial Underwriter
JCW Group, New York, NY, United States
Our client, a well established regional bank with a strong New York presence, is looking for a AVP Commercial Underwriter. This person will be responsible for presenting credit analysis and working on the banks bridge loans. They will also work with senior support to complete more complex loan transactions.
Key Responsibilities
Perform financial and credit risk analysis for borrowers and guarantors in a timely manner; including financials, projections, global cash flows, REO schedule, industry/market, structure, and terms.
Demonstrating understanding of credit risks and mitigants, presenting analysis and risk rating recommendation clearly and concisely in risk focused credit proposals for submission to the FVP Credit/Deputy CCO for review.
Analyze third party appraisals, challenge appraiser assumptions and sensitize in your credit analysis.
In partnership with the Lending Officers, ensure all credit related questions from the approval authority are addressed efficiently and effectively.
Undertake annual review of loans ensuring performance in line with plan. Escalate any performance concerns, covenant issues and/or proposed risk rating downgrades.
Willingness to develop good understanding of compliance, regulations, and the Bank’s commercial lending policies.
Assisting in the completion of various monthly, quarterly or ad hoc reports as necessary.
Undertake ad hoc credit risk projects with limited oversight.
Qualifications
Bachelor’s degree in Business, Accounting or Finance; or equivalent experience
Minimum 3 years in credit related field, preferably in a banking environment
Strong analytical / financial modeling skills
Good interpersonal skills; work collaboratively and with integrity with key internal and external stakeholders.
Excellent verbal and written communication skills
Working knowledge of all MS Office Suite products and appetite to learn core database management programs
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Key Responsibilities
Perform financial and credit risk analysis for borrowers and guarantors in a timely manner; including financials, projections, global cash flows, REO schedule, industry/market, structure, and terms.
Demonstrating understanding of credit risks and mitigants, presenting analysis and risk rating recommendation clearly and concisely in risk focused credit proposals for submission to the FVP Credit/Deputy CCO for review.
Analyze third party appraisals, challenge appraiser assumptions and sensitize in your credit analysis.
In partnership with the Lending Officers, ensure all credit related questions from the approval authority are addressed efficiently and effectively.
Undertake annual review of loans ensuring performance in line with plan. Escalate any performance concerns, covenant issues and/or proposed risk rating downgrades.
Willingness to develop good understanding of compliance, regulations, and the Bank’s commercial lending policies.
Assisting in the completion of various monthly, quarterly or ad hoc reports as necessary.
Undertake ad hoc credit risk projects with limited oversight.
Qualifications
Bachelor’s degree in Business, Accounting or Finance; or equivalent experience
Minimum 3 years in credit related field, preferably in a banking environment
Strong analytical / financial modeling skills
Good interpersonal skills; work collaboratively and with integrity with key internal and external stakeholders.
Excellent verbal and written communication skills
Working knowledge of all MS Office Suite products and appetite to learn core database management programs
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