Hybrid Senior Commercial Underwriter bei One Florida Bank

Description

We have been voted one of the best companies to work for 5 years in a row, because we have developed a fun and inclusive culture that is at the forefront of how we operate. We only hire the best and most passionate talent and are proud to promote employees from within.

One Florida Bank was founded on the belief that when we work together, our goals are One. As a Florida-based bank, we are firmly rooted in our local communities, because building relationships one-on-one is the way business gets done. We are committed to knowing you personally, understanding your needs and goals, and providing the products and services that will support you along the way.

The Senior Commercial Underwriter provides analytical support for commercial banking including an independent analysis of the creditworthiness of customers and prospects and ensuring the bank maintains a solid and strong credit culture. Extensive knowledge of banking principles, policies and procedures. Strong analytical and problem-solving skills, as well as oral and written communication skills with a high level of attention to detail. Able to organize and present complex situations in a clear concise manner; able to set priorities, multi-task and meet deadlines; team player, positive attitude; maintains and ensures confidentiality.

ESSENTIAL DUTIES

• Responsible for spreading financial statements, preparing statement analysis and covenant checks in support of the commercial lending function.
• In addition, the Senior Commercial Underwriter (SCU) will be responsible for preparing comprehensive credit analyses on complex Commercial and Industrial (C&I) and Commercial Real Estate (CRE) loans that facilitates the credit approval process, with very minimal supervision by Underwriting Manager (UWM).
• Provide high-level analytical support in underwriting and analyzing commercial credit facilities while assisting Portfolio Managers (PMs) and CRMs in managing customer relationships.
• Be involved in the approval process, identifying and discussing key risks and mitigants of a credit with Commercial Relationship Managers (CRMs) and Senior Credit Officers (SCOs).
• UWM to provide production goals based upon needed level of supervision and complexity of deal flow.
• Complete and approve covenant checks per Bank policy.
• Complete and approve annual reviews per Bank policy.  
• Participation in transaction structuring and relationship strategy meetings with management, as needed, to justify and explain information in the analysis when warranted.
• Assist CRM in presenting credit packages for approval to Officers Loan Committee, as needed.
• Other special projects, as needed.

Requirements

ROLES AND RESPONSIBILITIES

Commercial Loan Origination Processes

• Spread financial statements as provided by Commercial Relationship Manager (CRM).
• Maintain responsibility for completion of the Commercial Credit Application once engaged by CRM, and after receipt of Opportunity Memo explaining the request, utilizing independent judgment and discretion with matters related to Bank policy.
• Maintain responsibility for completion of the Commercial Credit Memo (approved template to be used) once engaged by CRM, and after receipt of Opportunity Memo explaining the request.
• Work directly with the RM to ensure accurate reflection of financials.
• Ensure accurate reflection of lending matrix authority and proper loan coding.
• Ensure recognition of Policy Exceptions.
• Participate in deal team meetings between Relationship Manager, Market President and Senior Credit Officer as required.
• Attend external meetings with clients and prospects, as needed.
• Provide editing to document as dictated by acceptance of term sheet and results of deal team meetings.
• Participate in credit decision with Market President, Senior Credit Officer, Executive Credit Officer and Chief Operations Officer.
• Finalize credit package with conditions precedent as needed to ensure Loan Closing has a complete approval package. Commercial Underwriters are to adhere to Service Level Agreements as outlined in Workflow Procedures.
• Assess and opine on adequacy of appraisal reports and compliance with policy.
• Attend Officers Loan Committee meetings, contributing to the approval discussion of key risks and mitigants on a credit identified during the underwriting process.
• Complete and approve internal real estate valuation reviews to verify credit is compliant with Bank approvals / guidelines. 
• Other related duties as assigned.

Portfolio Management

• Prepare and/or review (if prepared by centralized spreading team) spreads for commercial relationships upon receipt based upon requirements of Loan Agreement.
• Prepare thorough financial analysis of spreads.
• Follow procedures to ensure that the system of record is documented with their viewed items and forwarded for signature to CRM.
• Identify portfolio weaknesses and trends and alert CRM and UW Manager to deteriorating portfolio conditions.
• Complete and approve covenant checks per Bank policy.
• Complete and approve annual reviews per Bank policy.  
• Other related duties as assigned.

SUPERVISORY RESPONSIBILITIES

Although no direct supervision of employees is required, the individual will be an experienced member of the team and will be expected to provide training, coaching and mentoring to the less experienced members of the team (i.e., CUW-1).

QUALIFICATIONS

To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

Education/Experience

• Bachelor's degree from four-year college or university
• 5 - 7 years related experience or equivalent combination of education and experience, required

Language and Interpersonal Skills

• Ability to read, analyze, and interpret general business periodicals, professional journals, technical procedures, or governmental regulations
• Ability to write reports, business correspondence, and procedure manuals 
• Ability to effectively present information and respond to questions from groups of managers, clients, customers, and the general public
• Effective interpersonal relationships with management and team members 
• A thorough understanding and application of all policies, procedures and regulations pertaining to the work of Credit Administration 
• Ability to effectively manage time as related to daily tasks 
• Ability to prioritize multiple demands in a high-pressure environment while maintaining professional demeanor
• Ability to operate in a team environment to accomplish shared goals

Mathematical Skills

• Ability to work with mathematical concepts such as probability and statistical inference
• Ability to apply concepts such as fractions, percentages, ratios, and proportions to practical situations

One Florida Bank supports a diverse workforce and is proud to have an engaged and inclusive culture that promotes equal employment opportunity in all employment decisions regardless of race, color, gender, national origin, religion, age, disability, sexual orientation, gender identity, military status, veteran status or any other legally protected status. One Florida Bank conducts pre-employment background screening, credit checks and drug testing.

Should you have a disability and need assistance with the application process, please request a reasonable accommodation by contacting the HR Department. 

What about the benefits?

We recognize all Federal holidays every year and we offer highly competitive benefits such as:

• 100% employer paid Medical, Vision, Dental, STD, LTD and group life insurance for the employee only cost
• 401(k) Safe Harbor Match 
• Paid vacation and sick time plus 1 floating holiday
• Paid volunteer hours
• Wellness Program
• Shared leave program
• Paid Paternity Leave
• Tuition Assistance Program
• Pet Insurance
• Team Building activities