Commercial Underwriter- Onsite
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Job Location:
West Palm Beach, FL - USA
Monthly Salary:
Not Disclosed
Posted on:
7 hours ago
Vacancies:
1 Vacancy
Job Summary
Commercial and Industrial (C&I) Credit Underwriter- Onsite
American Recruiting & Consulting Group (ARC Group) is pleased to present an opportunity on behalf of one of our valued banking sector clients for the position of Commercial and Industrial (C&I) Credit Underwriter. This is a full-time permanent role based in Fort Lauderdale Florida.
This role is responsible for delivering a sound independent and objective assessment and recommendation regarding risk factors associated with small business midsize large and complex structures and transactions in Commercial and Industrial (C&I) lending. The position also oversees credit risk management and the maintenance of credit quality for the assigned portfolio by monitoring relationship trends clearing exceptions properly assessing and evaluating credit risk and other key factors and providing recommendations and credit solutions aligned with the relationships risk profile.
Key Responsibilities
Would you like to know more about this role For immediate consideration please send your resume directly to Suresh at emailprotected . You can also apply online and view all our open positions at .
ARC Group is a Forbes-ranked a top 20 recruiting and executive search firm working with clients nationwide to recruit the highest quality technical resources. We have achieved this by understanding both our candidates and clients needs and goals and serving both with integrity and a shared desire to succeed.
ARC Group is proud to be an equal opportunity workplace dedicated to pursuing and hiring a diverse workforce.
American Recruiting & Consulting Group (ARC Group) is pleased to present an opportunity on behalf of one of our valued banking sector clients for the position of Commercial and Industrial (C&I) Credit Underwriter. This is a full-time permanent role based in Fort Lauderdale Florida.
This role requires onsite work. Candidates should apply only if they are willing to work from one of the office locations listed below.
Office Locations (Onsite Required)
Miramar FL
10500 Marks Way Miramar FL 33025
Plantation FL
1200 S Pine Island Rd #700 Plantation FL 33324
West Palm Beach FL
525 Okeechobee Blvd Suite 100 West Palm Beach FL 33401
Tampa FL
4830 West Kennedy Boulevard Suite 150 Tampa FL
This is not a remote or hybrid position.
Applicants should apply only if they are comfortable working onsite at one of the locations above.
This role is responsible for delivering a sound independent and objective assessment and recommendation regarding risk factors associated with small business midsize large and complex structures and transactions in Commercial and Industrial (C&I) lending. The position also oversees credit risk management and the maintenance of credit quality for the assigned portfolio by monitoring relationship trends clearing exceptions properly assessing and evaluating credit risk and other key factors and providing recommendations and credit solutions aligned with the relationships risk profile.
Key Responsibilities
- Provide transactional support in the preparation of credit memos ensuring a clear understanding of the Banks credit programs policies and adherence thereto; report all deviations from credit programs and policies to the supervisor.
- Conduct analysis and underwriting functions as required; support new business activities by screening preliminary data following up on required documentation and ensuring conformity with the Banks credit underwriting policy; prepare documentation memos and presentations as needed.
- Perform annual reviews of existing credit relationships; identify necessary risk rating changes errors or inconsistencies; recommend modifications to risk ratings as appropriate including calculation and verification of covenant testing requirements and monitoring of loan policy exceptions.
- Support the accurate review and evaluation of the financial condition and operating performance of C&I borrowers for new and existing loan exposures increases and modifications of terms or conditions.
- Conduct large and complex financial analyses with a high degree of accuracy in figures and credit risk assessment; identify loan policy exceptions and industry- or loan structure-specific risks/issues along with appropriate mitigating factors.
- Identify evaluate monitor and make recommendations to the supervisor as necessary to assess reduce eliminate or control current or prospective risks to earnings or capital arising from violations of or nonconformance with laws rules regulations prescribed practices internal policies and procedures or ethical standards.
- Assist in the review and measurement of borrower conformance with legal covenants tracking compliance and identifying instances of non-compliance; collaborate with other bank units such as Credit Administration Loan Operations Credit Services Closing areas and Credit Risk as well as Credit Portfolio Managers and Relationship Managers.
- Assist in the training of new underwriters including guidance on departmental operating procedures various formats used and credit criteria applied to different forms of analysis.
- Complete or review and provide feedback on spread financial statements comprehensive analyses and credit approval packages in accordance with Bank credit programs and policies.
- Utilize software systems for loan originations modifications annual reviews and other presentations to senior management.
- Administer and monitor maturities delinquencies and criticized assets reports on a regular basis; assist in identifying red flags or problems within the portfolio and report all portfolio issues and irregularities to the supervisor.
- Conduct project site visits/inspections and report findings.
- Provide assistance in other departmental areas as required including coverage during vacations or absences.
- Ensure full compliance with applicable regulations including BSA USA PATRIOT Act OFAC AML requirements and internal policies; implement preventive measures related to these risks.
- Assist management with ongoing projects and perform any other duties as assigned by the Chief Credit Officer or supervisor.
- Bachelors degree in business accounting or finance is required; a Masters degree is preferred. Alternatively 5 years of credit underwriting/credit analysis experience may substitute for the degree.
- Formal credit training is preferred.
- Minimum of 7 years of professional experience in credit underwriting and/or credit analysis with demonstrated knowledge of banking products and documentation.
- Thorough understanding of the Banks credit procedures programs and policies; strong grasp of accounting and credit principles.
- Proficiency in Microsoft Office Suite is required; experience with SQL is a plus. Familiarity with Salesforce nCino or FIS IBS is advantageous.
- Sound time management and organizational skills; well-organized and systematic approach to work.
- Strong communication skills both written and verbal.
Would you like to know more about this role For immediate consideration please send your resume directly to Suresh at emailprotected . You can also apply online and view all our open positions at .
ARC Group is a Forbes-ranked a top 20 recruiting and executive search firm working with clients nationwide to recruit the highest quality technical resources. We have achieved this by understanding both our candidates and clients needs and goals and serving both with integrity and a shared desire to succeed.
ARC Group is proud to be an equal opportunity workplace dedicated to pursuing and hiring a diverse workforce.
Required Experience:
Senior IC
Key Skills
- Loan Processing
- Computer Skills
- Fraud
- Math
- Banking
- Pricing
- Analysis Skills
- Fair Housing Regulations
- Underwriting
- Financial Analysis
- negotiation
- Phone Etiquette
About Company
Are you struggling with finding qualified employees? Contact American Recruiting & Consulting to learn how we can help with job recruitment specific to your industry.
