Stock Yards Bancorp, Inc. (NASDAQ: SYBT), parent company of Stock Yards Bank & Trust Company, with offices in Louisville, Central, Eastern and Northern Kentucky, as well as the Indianapolis, Indiana and Cincinnati, Ohio metropolitan markets.
Job Title: Senior Retail Credit Underwriter
FLSA Status: Exempt
Department: Retail Lending
Hours of Operation: Monday - Friday 8:00am - 5:00pm
General Job Summary:
Serve as senior underwriter for Retail and Small Business Loan Groups.
Organizational Duties and Responsibilities:
- Supports the mission, vision, and philosophy of the Bank. Complies willingly with all organizational policies and procedures.
- Supports all functions that maintain compliance with regulatory agencies.
- Responsible for meeting portfolio profitability targets.
Essential Duties and Responsibilities:
- Underwrite retail consumer and small business loan applications originated by Retail and Small Business Group employees by analyzing credit worthiness, collateral position, debt-to-income/cash flow ratios
- Perform second review on denied consumer and small business applications
- Assist Retail Lending Manager with working closely with Retail Credit Underwriter(s), Credit Administration and Chief Risk Officer to comply with bank lending policies and quality loan decision making
Other Functions:
- Assist in answering questions for Loan Documentation group, Branch, and Small Business lenders regarding documentation, pricing, and structure of loan requests
- Approve requests to release collateral, subordination requests, review and approve rate and guideline exceptions when warranted for Retail and Small Business group employees
- Assist Retail Lending Manager in formal training of Retail and Small Business employees when needed
Working Conditions: General office setting
Minimum Job Requirements:
Education: College degree preferred
Experience:
- Minimum 3 years consumer and small business underwriting experience, or equivalent loan production experience
- Minimum 5 years banking experience
Specific Skills:
- Strong consumer and small business credit skills
- Understanding of regulatory and compliance issues regarding loans
- Knowledge of bank loan policies and procedures
- Excellent written and verbal communication skills
- Good writing and verbal skills
- Proficiency in Word and Excel
- Professional appearance and demeanor required
Physical requirements:
The physical demands described here are representative of those that must be met by an employee in order to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
- Primarily sedentary work performed in an office environment
- Ability to sit for extended periods of time while working at a computer
- Frequent use of hands and fingers to operate a computer, keyboard, mouse, and other office equipment
- Ability to speak clearly and hear well enough to communicate with clients, team members, and vendors via phone, video, and in person
- Visual acuity sufficient to read computer screens, printed documents, and financial data
- Occasional standing, walking, bending, or reaching
- Ability to lift and carry up to 10-15 pounds occasionally (e.g., files, office supplies)
Benefits:
- 401(K) with a company match of up to 6%
- ESOP employer match
- Medical insurance
- Dental insurance
- Vision insurance
- Cancer/Disease insurance
- Accident insurance
- Flexible Spending Accounts
- Flexible Savings Accounts
- Health Savings Accounts
- Bank paid Life/AD&D insurance
- Voluntary Life/AD&D insurance
- Bank paid Short-Term and Long-Term Disability insurance
- Employee Stock Purchase Plan
- Employee Assistance Program