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- Prepares loan submissions for Credit Committee and Board of Directors.
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C&I Lending Senior Underwriter - Elmwood Park, United States - Spencer Savings Bank
Description
Job Description
Job DescriptionBASIC FUNCTIONResponsible for underwriting for the company and evaluating commercial lending applications originated by the department.
MAJOR RESPONSIBILITIES
JOB REQUIREMENTS
Education:
College degree in Business, Finance, or Accounting; or equivalent related business experience.
Experience:
Minimum of 5 years related experience required; including commercial underwriting experience, and strong credit skills and knowledge of credit policy.
Working knowledge of credit issues, bank policies and commercial loan documentation.
Demonstrated ability to analyze tax returns, operating statements and pro-forma statements to calculate loan-to-value ratio and debt-coverage ratio.
In depth experience with cash flow and leverage analysis
Excellent written/verbal communication skills required.
Proficiency with various software programs including MS Office and financial spread software (i.e. – Moody's, TAC).
