Position: Senior Commercial Underwriter
Reports to: Chief Credit Officer
Department: Credit
Supervises: n/a
Location: 16 Reed Street, Coxsackie NY
The general responsibilities of the position, which are all completed within the framework of Bank policies and procedures, are:
- Perform written analysis of new commercial loan applications, specifically more complex transactions including commercial construction loans, with a focus on ability to repay, collateral adequacy, guarantor credit, and structure of the transaction;
- Conduct research, as necessary, to prepare industry analysis for specific loan requests and compare various financial metrics to industry standards;
- Perform annual reviews, with a particular focus on relationships exceeding $1MM and complex business structures;
- Identify strengths and weaknesses of particular loan requests;
- Synthesize information in order to form a logical conclusion, from which you can base a recommendation;
- Determine the level of risk associated with extending credit to a particular Borrower using logical reasoning in combination with a risk rating matrix;
- Monitor commercial construction projects, as necessary;
- Remain current on changes in economic and market conditions that could affect credit risk;
- Other duties as needed within the department.
Necessary Skills, Training, and Dispositions:
- 3+ years of experience in commercial credit analysis preferred;
- 4 year college degree in finance, business, math, or related field;
- Strong computer skills, particularly with Microsoft Office Suite. Candidates should have confidence using Microsoft Excel/Word and have the aptitude to quickly learn new programs, such as financial spreading software and the Bank’s core system;
- Must possess excellent verbal and written communication skills. This position involves presenting your recommendations to Senior Management and the Board of Directors;
- Self-motivation is key in this position. Ability to multi-task, prioritize, and meet deadlines is essential;
- Aptitude to assume responsibility and accountability for decision-making is a must.
The Bank offers Health and Dental Insurance, 401K with employer match, group life insurance, disability, and a time off package.
Interest Applicants should email Resume/Cover letter to nbliss@nbcoxsackie.com
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