At VyStar, we offer competitive pay, an excellent benefit package that includes a 401(k) Plan, an extensive paid technical and on-the-job training program, and tuition reimbursement--available to all full and part time employees.  Part time positions start at a minimum of 30 hours per week.

We encourage you to become a part of VyStar Credit Union's family of employees.

Senior Commercial Credit UnderwriterIncumbent’s primary function is to effectively underwrite, analyze and assess the risks for proposed and funded member business credits to new loans, renewals, modifications, annual reviews, work-out and troubled debt restructures (TDR), automated clearing house (ACH) payroll accounts, commercial real estate (CRE), commercial and industrial (C&I), business equipment, business vehicles, business credit cards, business unsecured lines of credit (BLOC) and other specialized business and commercial credit products.The incumbent must effectively utilize their judgment, skills and experience while analyzing business credit files including identifying financial trends, risks, and strengths/weaknesses. A Senior Commercial Credit Underwriter will be responsible for underwriting and analyzing the larger and more complex business and commercial credits and reviewing credit files completed by other Underwriters. In addition, a Senior Commercial Credit Underwriter may be required to review appraisals, environmental reports, loan committee agendas and minutes, and any other work completed by other Underwriters for accuracy and completeness. The incumbent must possess advanced knowledge regarding standard underwriting procedures, interpretation of financial data, appraisal reports, environmental assessment reports, and be proficient in interpreting legal documents to minimize risk to VyStar and within the portfolio. The incumbent must be knowledgeable of business lending State and Federal regulations as well as VyStar’s policies and procedures and apply this knowledge during their analysis of business credit requests and annual reviews to maintain compliance with these requirements.

ESSENTIAL JOB FUNCTIONS

• Responsible for the review, independent, and objective underwriting of business credits from minimum VyStar limits more than $10,000,000.   
• Possess an advanced understanding of all documentation submitted by borrower and/ or prepared by VyStar to determine risks involved and clearly communicate analysis to proper loan approval authority.
• Assure credit quality is maintained throughout the business loan portfolio; this includes the maintenance of ticklers, reports, and forms.
• Continued education regarding the current and future economic conditions of industries borrowing money from VyStar Credit Union.
• Assemble pertinent information and reports for the Business Credit and Servicing Manager as required.
• Identify and make recommendations for process improvements, increased efficiencies, and quality service to ensure timely loan decisions.
• The Senior Commercial Credit Underwriter may be required to review appraisals, environmental reports, loan committee agendas and minutes, and any other work completed by less experienced Commercial Credit Underwriters for accuracy and completeness.
• Maintain an ongoing knowledge of current regulatory, policy and procedure changes.
• Perform to all established metrics, goals and standards as outlined by department management and in VyStar Policy and Procedure
• Work together with peers and management to provide quality service during both internal and external engagements.
• Perform annual loan reviews of existing portfolio to determine continued repayment capacity and potential risks.
• Responsible for thorough review and analysis of all appraisal reports and environmental assessment reports with all findings being documented and reported to the loan approving authority.
• Conduct annual field audits (collateral inspections) of existing portfolio to analyze collateral risk as required.
• Adhere to VyStar Credit Union and departmental policies and procedures
• Maintains ongoing knowledge of current economic conditions that may affect the business services loan portfolio and create potential risks.
• Evaluate and analyze business loan and commercial requests and make informed, accurate and complete credit recommendations to management.
• Serve as the Acting Business Credit Manager in their absence as necessary. Other essential duties as assigned by Business Credit Manager and VP-Business Credit and Servicing.
• Communicate with members, prospective members, and vendors as applicable.
• Provides leadership, training, and support to the team as well as other internal partners by mentoring and coaching as appropriate.
• All employees and business units, as first line of defense, are expected to proactively help identify, assess, manage, and report risks within their domain of work. To enhance a healthy risk culture and support our growth for good pillar, employees will maintain vigilance in safeguarding our operations while ensuring compliance with regulatory mandates. The Risk team serves as the second line of defense by providing risk oversight and credible challenge whereas the Audit team serves as the third line of defense by providing risk assurance.

Incumbent is expected to demonstrate each of the following VyStar Excellence behaviors in performing the duties and responsibilities of their job:

• Focus- Focus your full attention by carefully listening to and observing client or member.
• Connect- Consistently be friendly and approachable.  Demonstrate your care.
• Understand- Listen empathetically and ask questions (70%/30% rule).
• Counsel- Recommend solutions based on your member’s needs and objectives.
• Advance- Ensure that member’s expectations were exceeded.
• Verify necessary follow-up actions.

JOB QUALIFICATIONS

Education

• BA/BS degree with emphasis in Accounting, Business or Finance
• Relevant work experience may be substituted on a 2:1 ratio in lieu of a BA/BS degree.

Knowledge, Skills and Abilities

• Minimum of eight (8) years of experience in a business/commercial credit underwriting and analysis environment within a financial institution.
•  Advanced knowledge of business tax returns and business financial statements.
• Advanced understanding of financial analysis including cash flow, profitability, liquidity, leverage, and solvency.
• Advanced knowledge of standard underwriting theory. Demonstrated ability to successfully structure complex credit requests that minimize risk while providing member value.
• Basic understanding of generally accepted accounting practices.
• Knowledge of State and NCUA regulations.
• Highly developed written and verbal communication skills. Professional interpersonal skills, including the ability to build rapport and professionally interact at all levels with the organization.
• Must be highly motivated
• Ability to work independently, as well as in a team environment, in a high-pressure environment with ever-changing priorities on a professional level.

DISCLAIMERS AND WORK ENVIRONMENT

• Nothing in this position description is an implied contract for employment.  The position description is intended to be an accurate account of the essential functions.  The functions are not all encompassing and are subject to change at any time by management.
• The work environment characteristics described are representative of those that an employee encounters while performing the essential functions of this job.  Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
• As required or requested, may exert up to 20 pounds of force occasionally and/or a negligible amount of force constantly to lift, carry, push, pull or otherwise move objects.

VyStar Credit Union is not seeking outside assistance or accepting unsolicited resumes from staffing agencies or search firms for employment or contractor opportunities. Any resumes submitted by an outside vendor to any employee at VyStar via e-mail, internet, or directly to hiring managers without a valid written search agreement with the Talent Acquisition / HR department will be deemed the sole property of VyStar Credit Union.

No placement fee will be paid if a candidate is hired as a result of the referral, or through other means.

Thank you for your inquiry regarding our current job opening.  Your resume will be carefully reviewed against the position requirements. Should your experience and skills match, you will be contacted by one of our Human Resources department staff members.

Thank you again for your interest in this position!

VyStar Credit Union Human Resources