Credit Underwriter
Are you ready to be part of a dynamic team where your contributions are highly valued and your career growth is prioritized? We have an exciting opportunity for a Credit Underwriter to join our client’s growing team!
Our client is on an exciting growth trajectory. As a privately funded company, it offers speed and execution that its bank competitors cannot match, fostering a culture where innovation and employee contributions are highly valued.
Our client values their employees’ time and efforts. Offering a competitive compensation package of $70,000-$108,000 depending on experience, including a bonus program of up to 20%, and an extensive benefits package enhance their commitment to your success. Our client’s benefits package includes:
- Comprehensive health coverage: Medical, dental, and vision insurance provided
- Robust retirement planning: Immediate eligibility 401(k) plan available with employer matching
- Financial security: Life and disability insurance for added protection
- Flexible financial options: Health savings and flexible spending accounts offered
- Well-being and work-life balance: Paid time off and remote work opportunities
Our client offers unparalleled career growth for top performers, fosters an inclusive culture where everyone matters and contributes, upholds high moral standards and integrity, celebrates team success frequently, and provides a dynamic work environment that’s more than just a job—it’s a lifestyle.
Our client seeks a Credit Underwriter to help facilitate their rapidly growing commercial lending business. As the ideal candidate, you must be highly motivated and entrepreneurial; a floorplan/inventory finance background is a plus. You must be a team player energized by challenges and can impact our evolving business in a dynamic market.
You will be expected to analyze credit requests for commercial inventory loan financing to determine the risk involved in extending credit. You will analyze business financial performance using balance sheet, income statement, and cash flow trends as well as key financial ratios and metrics. Evaluating the personal character and worth of the owners and guarantors is also a component of the review process. You will then present the requests with appropriate conditions of approval including required loan documents.
To be successful, you should have:
- Bachelor’s degree in Business, Accounting, or Finance
- Three years prior relevant credit experience
- Ability to analyze financial statements/tax returns, including trend, ratio, and cash flow analysis
- Possess thorough knowledge of secured lending documentation, including UCC, Purchase Money Security Interest, Intercreditor Agreements, and Letters of Credit
- Excellent written and oral communication skills and attention to detail
Your responsibilities as the Credit Underwriter will include:
- Prepare credit narratives for new and existing customers, including a thorough risk assessment focusing on transaction structure, financial capacity, principal experience, guarantor support, industry, economic trends, and a well-supported recommendation.
- Spread and analyze financial statements; evaluate financial ratios and measure credit risk.
- Review and understand consumer credit and third-party business reports.
- Determine appropriate documentation, including guarantees, UCCs, and additional collateral.
- Responsible for periodic reviews of customer relationships to confirm risk rating and financial stability.
- Interact with prospective and existing customers and internal departments, including sales, operations, and legal.
- Ancillary responsibilities include system verification, documentation review, projects, training, and reporting as necessary.
Ignite your Career!
Join our client and join a company that values innovation, growth, and customer satisfaction. If you're ready to take your career to the next level, apply today!
Our client is an equal opportunity employer that welcomes and encourages workplace diversity. It does not discriminate based on race, color, religion, marital status, age, national origin, ancestry, physical or mental disability, medical condition, pregnancy, genetic information, gender, sexual orientation, gender identity or expression, veteran status, or any other status protected under federal, state, or local law.
#PRO
#ZCL
