Commercial Loan Underwriter
Workway
Grapevine, TX
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JOB DETAILS
SALARY
$65,000–$80,000 Per Year
LOCATION
Grapevine, TX
POSTED
30+ days ago
The Commercial Loan Underwriter is responsible for the specific duties listed below.
Your specific duties will include:
- Prepare and review financial spreads and cash flow analysis' to ascertain the viability of incoming loan requests and/or the ongoing viability of existing loans.
- Prepare or assist in the preparation of concise, well-reasoned credit memorandums – both for new requests, as well as renewals and annual reviews.
- Assist with the monitoring of the existing loan portfolio through report preparation and maintenance; provide recommendations and support for any upgrades/downgrades to risk ratings.
- Work with the VP Credit Administration Officer to facilitate various ad hoc projects related to loan and credit risk management.
- Assist with the presentation of loan requests to the respective committees for approval.
- Ensure compliance with established credit policies and procedures.
- Work with all members of the deal team to foster a smooth transition of loans through the due diligence and underwriting portions of the pipeline.
- Bachelor's Degree or Equivalent.
- Strong analytical and/or underwriting acumen.
- Highly developed communication skills – including the ability to write clear and concise credit correspondence.
- Bachelor's degree in finance, Accounting or Economics.
- At least 2 years of experience in commercial credit underwriting.
- Strong focus on commercial real estate lending – including Bridge Finance, Term Loans, etc.
- Prior lending experience a plus.
- Formal credit training.
Compensation may vary outside of this range depending on a number of factors, including a candidate's qualifications, skills, competencies and experience, and location. Employees have access to healthcare benefits including medical, dental and vision as well as a 401(k) plan.
Let one of our recruiters assist you in finding and preparing for interviews with our clients. Whether you are interested in a direct hire, temp-to-hire, or temporary position, Workway can help you to put your best foot forward. Contact us today!
Workway, Inc. is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender, gender identity, national origin, disability, protected veteran status, or any other characteristic protected by applicable laws, regulations and ordinances. For our complete EEO & Pay Transparency statement, please visit http://www.workway.com/EEO. To receive state and federal compliance posters, e-mail
hr@workway.com
or call 972.514.1515.#commerciallending #communitybank #underwriter #growth
About the Company
W
Workway
Opening our doors in 2005, the founders of Workway were the first in the staffing industry to nationally specialize in the areas of Title, Escrow, Mortgage and Foreclosure. Since then, Workway has become the leading experts in this field delivering talent on a national basis. We are a staffing business that has grown and evolved with the industry through technological advances, economic shifts and the dynamics of a changing work force.
In 2011, Workway was purchased by the “Bowmer” family from the original founders continuing its operation as a family owned business. The “Bowmer” family have been prevalent within the employment services industry for the last 25 years with John Bowmer, Workway’s Chairman, having been CEO and Chairman of Adecco SA.
COMPANY SIZE
100 to 499 employeesINDUSTRY
Staffing/Employment Agencies
FOUNDED
2005
WEBSITE
https://workway.com/