Commercial Credit Underwriter
$69,414–$77,580 year
On-sitePhoenix, Arizona, United States
Job Summary
Conduct detailed financial and credit analysis of borrowers and guarantors by reviewing financial statements, tax returns, and credit reports to determine creditworthiness. Prepare analytical reports including cash flow analysis and projections, while researching industry market information relevant to member lines of business. Exercise independent judgment on client relationship credit analysis, communicate findings to business lenders and management, and present leads to the Loan Committee. Monitor credit files for covenant compliance and financial reporting requirements, respond to member inquiries regarding account discrepancies, and work proactively with regulators and external auditors to maintain healthy ratings.
Required Qualifications
- Bachelor's degree in business or related field
- Minimum of 7 years of applicable experience in credit analysis and/or portfolio management in a commercial lending environment
- Current driver's license
- Vehicle with appropriate insurance coverage
- Sound understanding of business, business real estate, and related lending
- Knowledge of loan risk rating
- Knowledge of portfolio monitoring
- Knowledge of asset recovery
- Knowledge of loan work outs
- Proven credit analysis skills
- Ability to analyze financial statements
- Ability to analyze balance sheets
- Ability to analyze income statements
- Ability to analyze cash flow
- Ability to analyze tax returns
- Professional, well-developed interpersonal skills
- Ability to succeed in a high stress environment
- Ability to meet goals and objectives
- Persistence
- Ability to overcome obstacles
- Proven ability to build consensus
- Ability to work effectively within a cross-departmental team
- Excellent organizational and time management skills
- Ability to provide leadership
- Ability to provide supervision
- Ability to provide training
- Proficiency in Microsoft Office suite
- Considerable judgment
- High level of experience in making sound decisions
- Ability to analyze complicated factual situations
- Ability to apply functional principles
- Ability to develop solutions
- Ability to include appropriate people in decision-making process
- Ability to support and explain reasoning for decisions
- Advanced mathematical skills
- Ability to calculate interest
- Ability to calculate commissions
- Ability to calculate proportions
- Ability to calculate percentages
- Ability to balance accounts
- Ability to add
- Ability to subtract
- Ability to multiply
- Ability to divide
- Ability to use whole numbers
- Ability to use common fractions
- Ability to use decimals
- Ability to locate routine mathematical errors
- Ability to compute rate
- Ability to compute ratio
- Ability to compute percent
- Ability to draft bar graphs
- Ability to interpret bar graphs
Desired Qualifications
- Knowledge and training in financial statement analysis
- Knowledge and training in tax return analysis
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