Amalgamated Bank is seeking a C&I Underwriter III to support the underwriting of our mission driven loans to institutions that are values aligned and include foundations, unions, social advocacy, progressive companies and renewable energy projects. This role will support various business development officers in the origination and execution of new loans and works closely with the origination team and credit risk management in reviewing and analyzing financial statement reports, conducting due diligence, helping structure the transaction, assessing credit risk, preparing deal screen presentations, writing credit approval memorandums, presenting recommendations to credit committee, and monitoring and managing the credit portfolio.

Essential Job Functions:

1. Meet with potential borrowing customers to determine credit needs and develop appropriate loan structure that meet the client’s needs and bank’s requirements
2. Prepare comprehensive credit memorandums that provide rationale, opinions and in-depth analysis of new credit requests
3. Assist in the presentation of transactions to credit committee in support of approval
4. Maintain good working knowledge of the Bank’s lending policies and procedures and identify exceptions to credit policy
5. Recommend appropriate risk ratings in accordance with credit policy guidelines
6. Attend meetings and/or conference calls on transactions, lead due diligence discussions and develop deal indicative term sheets and deal screen presentations
7. Prepare comprehensive credit memorandums that provide rationale, opinions and recommendations regarding proposed loans. Assist in presentation of transactions to credit committee in support of approval
8. Monitor and evaluate ongoing compliance with financial covenants and reporting requirements
9. Assist in quarterly and annual credit reviews as needed
10. Perform other duties as directed

Knowledge, Skills and Experience Requirements:

1. Bachelor’s degree in accounting, finance, or related field with proven academic excellence; MBA preferred
2. Minimum 6 years of underwriting and/or portfolio management experience (formal credit training) within a commercial banking lending environment
3. Knowledge of middle market C&I solar energy lending, project finance, and/or tax equity structures preferred
4. Passion to support socially minded organizations
5. Highly proficient financial analysis skills, including financial modeling and understanding of financial data, e.g. balance sheets, income statements, cash flow statements, financial ratios, etc
6. Strong verbal, written, inter-personal, and public presentation skills
7. Proven organizational skills; able to work independently and be detail oriented
8. Ability to work well on a team with different personalities, adjust quickly to various work situations, and remain composed under pressure/in stressful situations
9. Ability to work on multiple long-term transactions simultaneously and prioritize assignments to meet deadlines

Amalgamated Bank is anEqual Opportunity and Affirmative Action Employer, Minorities / Females / Individuals with Disability / Veterans. AmeriCorps, Peace Corps and other national service alumni are encouraged to apply. View ourPay Transparency Statement. Submission of a resume or any information regarding your qualifications does not constitute a promise or offer of employment. At Amalgamated Bank, we consider an applicant to be someone who has interviewed at least once, in person, with the hiring manager. Amalgamated Bank does not sponsor applicants for work visas.

As part of our commitment to health and safety, all team members currently working in our office space are required to show proof of vaccination. To be considered for any position at Amalgamated Bank where permitted by applicable law (including any applicable reasonable accommodation, medical or religious exemption), candidates must have received the COVID-19 vaccine prior to their start date. Upon commencement of employment, new team members must provide proof that they have been fully vaccinated against COVID-19.