VP/ Senior Credit Underwriter Lead

This position independently analyzes and underwrites credit requests for prospects and customers of all commercial lending divisions. This position also provides analysis for credit risk trends as needed.

Essential Duties and Responsibilities:

• Responsible for leading the due diligence and underwriting documentation of the most complex and larger credit relationships primarily Commercial and Industrial (C&I); leading credit presentation preparation and discussions with Approving Officer and other final approvers, and coordinating legal documentation efforts through closing and funding phase.
• Demonstrates thorough understanding of analysis including C&I and CRE sectors (Industrial, Multifamily, Office, and Retail), construction, and global cash flows.
• Evaluate requested deal structure and independently determine appropriateness of terms presented to determine the viability of the request. If terms are not acceptable determine alternative structures, if possible. Discuss deal structure, cash flow, collateral, and customer character with relationship manager and approving officer.
• Complete financial analysis and investigation on both corporate & personal borrowers and guarantors for the evaluation of credit risks & viability associated with all types of new commercial loan requests. This process involves many tasks including, but not limited to: pulling Credit Reports, personal and UCC searches, verifying tax returns and bank/trade references, analyzing and spreading financial statements, peer & industry comparisons, research activities, reviewing project budgets and leases, preparation of business, project and personal cash flows, customer and on-site visits, establish loan & financial covenants, loan structuring, assignment of proper loan risk rates, and identifying loan & documentation policy exceptions.

5. Provide coaching and training to more junior credit analysts including reviewing and providing feedback of Credit Approval Memorandums.

• Meet with customers with the RMs on complicated domestic loans to ensure direct communication of all financial trends and terms requested, as well as, industry and other economic trends impacting the borrower.
• Understand lendable net worth and provide a paper trail to document valuation conclusions.
• Determine adequacy of collateral presented through an understanding of appraisals for real estate and other tangible collateral, as well as, marketability of other collateral such as inventory and receivables.
• Perform third party validation of credit through online research, industry research, property searches, asset searches and other available data bases.
• Interact with accountants or financial professionals as needed to assist in the underwriting and closing process.
• Complete annual financial statement reviews on any loans assigned. Assess borrowing base and loan covenant compliance on all loans assigned.
• Participate and assist as needed in the Bank's ACL analysis and credit stress testing.
• Provide assistance as needed in loan reviews, annual credit process audits, and/or regulatory reviews.
• Review and approve annual reviews of the commercial loan portfolio to determine accuracy of risk identification, credit quality and loan performance.
• Performs other duties as assigned.

Disclaimer: This job description is not employment agreement or contract. Management has the exclusive right to alter this job description at any time.

MEMBER FDIC/EQUAL OPPORTUNITY/AFFIRMATIVE ACTION EMPLOYER/DRUG FREE WORKPLACE