Description

The objective of the position is to analyze customer information in the credit approval process in a timely manner. Such analysis consists of financial statement analysis, cash flow analysis and collateral analysis. The position exists to promote customer relationships and to grow the Bank’s loan portfolio profitably. Following Patriot’s Loan Policy with exceptions noted and tracked. Observing safe and sound Lending practices.

• Underwriting includes financial statement, cash flow and collateral analysis in the preparation of a loan request for approval as well as extensions and annual reviews. Includes obtaining a variety of credit reports on the Borrower(s) and Guarantor(s). Responsibilities include working closely with the account officers with some customer contact. 
• Loan Committee – includes preparation of credit packages for Management Loan Committee and Director’s Loan Committee for approval as well as taking the Minutes of each meeting. Close interaction with Senior Management and Directors of the Bank. 
• Construction Loan Process – includes the preparation of Borrower’s spreadsheets based on the approved construction budget to be used in the inspection process. Coordinates all inspections with the Bank’s third party vendor and Borrower. Responsible for obtaining all pertinent documents – affidavits, lien waivers and title update reports. Interfacing with the Borrowers regarding the inspection results.
• Preparation of reports as required. Information in the Unfunded Commitment Report is used in the Bank’s Call Report. Other miscellaneous duties include reconciling invoices from Credit Plus.
• All employees are responsible for compliance with the Bank Secrecy Act and in some roles, OFAC regulations. Depending on your job responsibilities, more or less aspects of the regulations may apply, but at a minimum , all employees are responsible for reporting suspicious activity they identify in the course of performing their job duties. This includes activities conducted by customers, fellow employees, board members, and vendors.

Requirements

• Strong writing and communication skills.
• Problem solving and organizational skills.
• Proficiency with Word, Excel and Outlook programs and financial statement software.
• Ability to work independently as well as within group.
• Ability to be self-motivated. 

Experience

• 3-5 years of underwriting experience with commercial, construction and residential requests.
• 3 years’ experience with problem loans.
• General understanding of US Bankruptcy code.

Education

• Bachelor’s degree with emphasis in accounting, finance, business or economics.