Create a Job Alert.

Enter your email below to save this search and receive job recommendations for similar positions.
Thank you. We'll send jobs matching these to
You already suscribed to this job alert.
US
0 suggestions are available, use up and down arrow to navigate them
What job do you want?

Credit Underwriter job in New York at The Madison-Davis Group Inc

Create Job Alert.

Get similar jobs sent to your email

Apply to this job.
Think you're the perfect candidate?
Credit Underwriter at The Madison-Davis Group Inc

Credit Underwriter

The Madison-Davis Group Inc New York, NY Full Time

EXTERNAL ROLE

Position Summary: 

The Credit Underwriter is responsible for underwriting new or existing loans in a portfolio primarily of CRE, Commercial & Industrial lines of credit and term facilities, multifamily and mixed-use loans, and non-profit loans as loans to houses of worship. The Underwriter will be contributing to the loan growth potential of the Bank by (i) underwriting credit risk, (ii) assessing current credit quality and assign proper risk ratings, (iii) engage in client meetings or calls with the lending team to assess the credibility of the borrowers.

Essential Duties and Responsibilities:

  • Strong Underwriting skills set and ability to understand and communicate credit issues
  • Independently assess complex credit issues and analyze risk
  • Proficiency and experience in analyzing financial statements and reviewing overall credit quality
  • Review financial statements, tax returns, rent rolls, and cash flow projections
  • Underwrite loan extensions and renewal requests as needed
  • Conduct site visits as necessary and prepares site visit reports for loans in the portfolio in accordance with lending procedures
  • Assist with an annual review of existing loans as needed

Skills needed:

  • Ability to underwrite and monitor commercial and industrial loans, lines of credit, term facilities, as well as owner-occupied mortgages, multi-family and mixed-use loans, small business loans, non-profit loans as well as loans to houses of worship
  • In-depth knowledge of credit quality and credit analysis
  • Proficient in analyzing financial statements of commercial real estate, multi-family and business operations
  • Ability to interact with borrowers, attorneys, accountants, appraisers, and any other external professionals as required
  • Strong verbal and written communication skills, relationship management, and business development skills, working with both private-sector financial institutions and public agencies
  • Familiar with federal, state, and local government funding sources for capital and operating needs of multi-family housing, commercial real estate
 

Recommended Skills

Underwriting
Loans
Tax Return
Mortgage Loans
Credit Analysis
Financial Statements

Recommended Jobs

Credit Underwriter
The Madison-Davis Group Inc New York Full Time
Apply to this job.
Think you're the perfect candidate?

Help us improve CareerBuilder by providing feedback about this job:

Job ID: 2446

CareerBuilder TIP

For your privacy and protection, when applying to a job online, never give your social security number to a prospective employer, provide credit card or bank account information, or perform any sort of monetary transaction. Learn more.

By applying to a job using CareerBuilder you are agreeing to comply with and be subject to the CareerBuilder Terms and Conditions for use of our website. To use our website, you must agree with the Terms and Conditions and both meet and comply with their provisions.