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Commercial Underwriter

Stefanini Newark Full-Time
$90,000.00 - $101,000.00 / year
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Stefanini is actively seeking an experienced and competent Commercial Underwriter/Credit Analyst in Newark, NJ 07102.
If you want a progressing career in a well-respected industry leader, APPLY now!
Be advised that “One character reference is required with your application.”
  • This is a credit position with a stable Fortune 500 utility company located in New Jersey.
  • The successful candidate will provide analytical and credit commercial underwriting expertise to support the loan origination efforts of the Solar Loan Program.
  • The Senior Credit Analyst will be actively involved in making loan recommendations to management and in advising on structuring new transactions for purposes of mitigating risk.
  • Key Duties
  • Implement corporate credit policy and procedures and perform credit reviews for solar loan program commercial applicants.
  • Evaluate credit proposals and applications, conduct due diligence and make written credit recommendations to management.
  • Establish and maintain contact with clients throughout the due diligence process to obtain/provide information and advice, conduct interviews and relay information regarding the process and company's requirements
  • Review and analyze financial statements, credit ratings, financial models, both for existing clients and on new solar financing opportunities
  • Identify structural risks and mitigants in prospective transactions and recommend enhancements and structuring of deals and covenants in line with policies and procedures.
  • Assist in documenting new financing transactions.
  • Responsible for monitoring of borrowers’ financial condition to determine collateral requirements as required by the loan agreement.
  • Recommend enhancements to credit procedures in line with Board of Public Utilities approved Board Order.
  • Assist in the identification and analysis of potential business transactions and assist in the preparation of presentations/pitches
  • Ensure compliance with program policies and procedures and SOX controls.
  • Maintain and apply working knowledge of company Standards for Business Controls and meet management's expectations for effective internal business controls.
  • Provide support for special projects and other functions as requested.
  • Bachelor Degree in business or finance or equivalent work experience
  • Minimum 3 years of commercial credit analysis and underwriting experience
  • Project finance experience/knowledge
  • Proficiency in Microsoft Word, Excel and PowerPoint.
  • Strong technical and quantitative skills
  • Ability to make decisions and proactively resolve borrower lending issues.
  • Understanding of financial statements, corporate finance, credit and risk principles, accounting, economics and statistics as well as strong relationship management skills.
  • Excellent analytical ability including demonstrated knowledge of cash flow analysis
  • Ability to use cash flow projection models with an excellent understanding of middle market and commercial lending financial concepts and ratios
  • Excellent interpersonal, presentation, oral and written communication skills and an ability to explain complex financial concepts to all levels, including clients and senior management
  • Comfortable interacting with and managing relationships with clients’ senior management during loan due diligence.
  • Demonstrated job commitment including a willingness to work under deadlines in a high-volume, fast-paced, results-driven environment with flexibility and adaptability in order to meet client requirements
  • Proven ability to pay close attention to detail, multi-task and work collaboratively within a team under tight deadlines
  • Well-developed organizational and time management skills in order to respond to shifting priorities on several simultaneous projects
  • Candidate must foster an inclusive work environment and respect all aspects of diversity
  • Desired Qualifications:
  • Previous U.S. utility or banking and renewables experience
  • C.P.A., C.F.A, MBA or other related Master’s degree
  • Prior corporate or middle market banking experience
  • 2 years of Project Finance experience/knowledge.
  • Understanding of New Jersey’s solar energy market and familiarity with local utility solar financing programs.
  • What you’ll get
  • Work with brilliant minds, often within a global capacity;
  • Opportunity to participate in professional development eLearning programs within the Stefanini University, and other virtual trainings as well.
  • Why we’re different
  • Brazilian and privately owned company;
  • Agility, flexibility, and innovation are in our DNA;
  • Flat organizational structure which enables faster communication and decision making;
  • Take a look for yourself
  • Here's one of our own, talking about the culture, space and growth opportunities: https://www.youtube.com/watch?v=j8O37KNINdY
  • Like what you see and want to know more? Apply online today! Have any questions? Reach out to me directly via email or call at:
    Eric Bocobo
    Eric.bocobo@stefanini.com or at (248) 936 - 0654

    Skills required

    Financial Analysis
    Financial Planning
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    Stefanini brings decades of IT outsourcing
     to clients around the globe. We support mid-size and
    large corporations through offshore, onshore and nearshore IT managed
    services, systems integration, consulting and strategic staffing. Our service
    offerings include: IT infrastructure
    outsourcing (helpdesk/desktop services and data
    center), application development/systems integration, ERP/SAP
    consulting, asset management, and strategic IT staffing solutions.
    Our more than 24,000 employees delivering support in 35
    languages, within 88 offices with a direct presence
    in 40  countries across the Americas, Europe, Africa,
    Australia and Asia  is why our IT outsourcing solutions are
    used by some of the largest multinational companies in the world.

    With a client base of over 500 active clients, including
    more than 300 multinational clients, Stefanini maintains a strong presence
    in industries such as financial services, manufa
    cturing, telecommunications, chemical,
    services, technology, public sector, and utilities. Clients benefit from
    Stefanini’s financial stability, sustained year-over year growth, and zero net debt. The corporate global headquarters is located in Sao
    Paulo, Brazil with European headquarters in Brussels and North American
    headquarters in metropolitan Detroit.

    Jobs at Stefanini can be found: https://careers.stefanininam.com/
    Staffing jobs can be found in the Stefanini Talent Mall: Join our team and let's Co-Create 

    View the full profile