Front office Underwriting Business Officer NYC

PGM Tek

Job Location:

New York City, NY - USA

Monthly Salary: USD 100000 - 100000

Experience Required: 4-5years

Posted on: 30+ days ago

Vacancies: 1 Vacancy

Job Summary

Support frontline departments to conduct the due diligence for the new business opportunities.
Work closely with Account Officers and Credit department in order to provide any mitigation/ recommendation for the proposal and close business deals successfully in a timely manner.
Assist frontline departments with financial analysis for both existing and potential customers in preparation of credit proposal and annual review.
Follow-through with front-line department credit department and loan operation department through all phases of the underwriting process.
Maintain customer relationship and provide good services.
Analyze borrower/guarantor financial information including tax return rent roll etc. to determine the propertys debt carrying ability and the borrowers capacity to repay.
Full knowledge in commercial real estate mortgage (CRE) small business lending product (include but not limited to C&I LOC and etc.) and financial institution (FI) evaluation.
Spread and analyze personal and corporate financial statements and prepare credit proposal.
Prepare various weekly/monthly reports for management or other departments.
Participate in special projects as required.
Ability to adapt to a changing environment and handle multiple priorities
Excellent writing and analytical skills
Perform administrative responsibilities including taking notes during meetings preparing correspondence and managing files
Performs other duties as assigned.
Collect business and credit information and references
Coordinate with attorneys and frontline officers to prepare loan closings

Required Education and Experience:

Bachelors degree (B. A. or B. S.) with Accounting or Finance major preferred from four-year college or university. MBA/MS degree preferred.
At least 3 years related experience and/or training; or equivalent combination of education and experience.

Required Skills:

CRE Commercial real estate Credit analysis underwriting

Support frontline departments to conduct the due diligence for the new business opportunities. Work closely with Account Officers and Credit department in order to provide any mitigation/ recommendation for the proposal and close business deals successfully in a timely manner.Assist frontline depart...