Job Description
We do the right things, right now. We do them in a way that is relevant to our clients. Become a part of our history as it continues to be written! If you are interested and qualified for this role, we invite you to apply. Commercial Underwriter for Specialty Lending Essential Functions/Responsibilities Performs financial analysis, risk assessment, and detailed due diligence for the Oak Street Lines of Business. Review commercial loan applications and analyze standard credit information packages to make assessment of applicant's creditworthiness. Determines whether or not the proposed loan will conform to Bank Lending Policy. Provide recommendation to the Executive Director and Director of Underwriting, and to Loan Committee as applicable, regarding the structure, underwriting, and management of loans. Maintain on-going communication with all appropriate Sales and Servicing staff on the status of transactions. Utilize financial software tools to spread financial statements, evaluate cash flow capacity, and evaluate / validate collateral for all new business opportunities and renewals. This may include full or partial completion of flagpole memos for prospects and new loans to existing clients. Prepare and present credit memos for new and renewal requests on complex credits and large clients, for loan approval. These loans will in general be large in nature ($2.5MM - $20MM) that may require approval by FFB Senior Credit Committee. Utilize individual lending authority to approve or decline credit requests proposed by Sales or underwritten by other Underwriting team members. This position will also carry individual loan authority at the high end of the underwriting team. Coordinate and complete on site due diligence trips at proposed borrower locations. This may include coordinating third party due diligence teams such as accounting firms and valuation firms. Work directly with Serv