What are the responsibilities and job description for the Commercial & Industrial Credit Underwriter position at Centier Bank?
Recognizing and valuing diversity strengthens our ability to attract, retain and engage associates and reinforces our relationship within our communities. Our associates are the most valuable asset we have. The collective sum of the individual differences, life experiences, knowledge and talent that our associates invest in their work represents a significant part of not only our culture, but our reputation and company’s achievement as well.
A Centier Associate is someone who embodies a servant heart, is unaccepting of anything less than remarkable service, and is self-motivated and driven to deliver exceptional results.
What are our values? Our Corporate values are Caring, Loyalty, Integrity, Friendship, Fun....who wouldn't want to work for an AWARD-WINNING company that's built on these pillars?
What about the perks? Access to our Marathon Health Clinics which provide FREE visits & prescriptions, Generous Paid Time Off benefit, Tuition Reimbursement, 401K match, Associate Stock Ownership Plan, Daycare Reimbursement, FREE Onsite Fitness Center/Fitness Reimbursements, Health and Wellness Programs, the ability to have a voice with our Diversity/Equity/Inclusion Council, Career Growth, Work/Life Balance, AND MORE.
What The Day-to-day Would Be
Underwriter’s should display independent thought to present data, conclusions and recommendations taking into account the boundaries of regulations, policies, and guidelines. Collect and analyze financial information about borrowers regarding income, assets, and debts to determine the level of credit that is appropriate for borrower relationship typically at $1 million and up. Prepare 10-25 page written presentations for new commercial loans and renewals. Presentations include identification of strengths and weaknesses, an appropriate risk grade and recommendation regarding the loan decision. Approval will come from SVP’s of Business Banking, Loan Committee, or Executive Management depending on the size of relationship Conduct reviews of covenant compliance and periodic financial statements identifying potential weaknesses. Will need to interact with lenders (and customers on occasion) to evaluate credit worthiness of new customers and potential deterioration of existing borrowers. Participation in meetings with Business Bankers, and SVP’s regarding commercial loans. Think independently to present data, conclusions and recommendations when there may not be a predefined policy or procedure. Take ownership for the bank’s commercial loan portfolio to prevent, matured delinquency, payment delinquency, collateral shortfalls, and/or loan charge-offs.
What It Takes To Be Successful In This Role
Adept at time management to meet strict deadlines and respond to high urgency requests from Management and/or Loan Officers Ability to think critically and express conclusions in writing and verbally Aptitude for quantitative analysis working with numerous variables, spreadsheets with large amounts of data, identifying/summarizing patterns and trends Must be a quick study for new tasks, procedures, software/technology as well as conceptual philosophy behind a diverse set of tasks related to risk management of commercial loans. Strong organizational skill sets Strong attention to detail Working knowledge of Microsoft Office and financial worksheets/spreads Some travel required
What You Need To Bring To The Table
Must possess working knowledge of basic underwriting principles for Commercial & Industrial Loans or Commercial Real Estate Loans. Bachelor’s Degree with significant accomplishment in finance and accounting or commensurate experience and training in credit analysis for commercial loans. Minimum of 2-3 years of commercial credit experience (or credit skills that are commensurate) Prior completion of formal credit training either through ABA, RMA, or formal internal bank training program.
Bring It All Together
The Underwriter II will be expected to prepare analyses for commercial loan relationships of $1 million and up. They will also monitor existing loans through financial reviews and covenant testing. Underwriter II will make recommendations about approval decisions and loan risk ratings.
What do I do now?
Centier Bank is an Equal Employment Opportunity/Affirmative Action employer and is committed to providing reasonable accommodations to individuals with disabilities in the employment application process. If you need an accommodation due to a disability to use our online system to apply for a position at Centier Bank, please call us at 219-755-6160 or send us an email at hrcareers@centier.com.
Equal Opportunity Employer: Disability/Veteran
Centier Bank is proud to have an engaged and inclusive culture and to promote and ensure equal employment opportunity in all employment decisions regardless of race, color, gender, national origin, religion, age, disability, sexual orientation, gender identity, military status, veteran status or any other legally protected status.
Member FDIC
A Centier Associate is someone who embodies a servant heart, is unaccepting of anything less than remarkable service, and is self-motivated and driven to deliver exceptional results.
What are our values? Our Corporate values are Caring, Loyalty, Integrity, Friendship, Fun....who wouldn't want to work for an AWARD-WINNING company that's built on these pillars?
What about the perks? Access to our Marathon Health Clinics which provide FREE visits & prescriptions, Generous Paid Time Off benefit, Tuition Reimbursement, 401K match, Associate Stock Ownership Plan, Daycare Reimbursement, FREE Onsite Fitness Center/Fitness Reimbursements, Health and Wellness Programs, the ability to have a voice with our Diversity/Equity/Inclusion Council, Career Growth, Work/Life Balance, AND MORE.
What The Day-to-day Would Be
Underwriter’s should display independent thought to present data, conclusions and recommendations taking into account the boundaries of regulations, policies, and guidelines. Collect and analyze financial information about borrowers regarding income, assets, and debts to determine the level of credit that is appropriate for borrower relationship typically at $1 million and up. Prepare 10-25 page written presentations for new commercial loans and renewals. Presentations include identification of strengths and weaknesses, an appropriate risk grade and recommendation regarding the loan decision. Approval will come from SVP’s of Business Banking, Loan Committee, or Executive Management depending on the size of relationship Conduct reviews of covenant compliance and periodic financial statements identifying potential weaknesses. Will need to interact with lenders (and customers on occasion) to evaluate credit worthiness of new customers and potential deterioration of existing borrowers. Participation in meetings with Business Bankers, and SVP’s regarding commercial loans. Think independently to present data, conclusions and recommendations when there may not be a predefined policy or procedure. Take ownership for the bank’s commercial loan portfolio to prevent, matured delinquency, payment delinquency, collateral shortfalls, and/or loan charge-offs.
What It Takes To Be Successful In This Role
Adept at time management to meet strict deadlines and respond to high urgency requests from Management and/or Loan Officers Ability to think critically and express conclusions in writing and verbally Aptitude for quantitative analysis working with numerous variables, spreadsheets with large amounts of data, identifying/summarizing patterns and trends Must be a quick study for new tasks, procedures, software/technology as well as conceptual philosophy behind a diverse set of tasks related to risk management of commercial loans. Strong organizational skill sets Strong attention to detail Working knowledge of Microsoft Office and financial worksheets/spreads Some travel required
What You Need To Bring To The Table
Must possess working knowledge of basic underwriting principles for Commercial & Industrial Loans or Commercial Real Estate Loans. Bachelor’s Degree with significant accomplishment in finance and accounting or commensurate experience and training in credit analysis for commercial loans. Minimum of 2-3 years of commercial credit experience (or credit skills that are commensurate) Prior completion of formal credit training either through ABA, RMA, or formal internal bank training program.
Bring It All Together
The Underwriter II will be expected to prepare analyses for commercial loan relationships of $1 million and up. They will also monitor existing loans through financial reviews and covenant testing. Underwriter II will make recommendations about approval decisions and loan risk ratings.
What do I do now?
- Apply with us!
- Refer this opening to others!
Centier Bank is an Equal Employment Opportunity/Affirmative Action employer and is committed to providing reasonable accommodations to individuals with disabilities in the employment application process. If you need an accommodation due to a disability to use our online system to apply for a position at Centier Bank, please call us at 219-755-6160 or send us an email at hrcareers@centier.com.
Equal Opportunity Employer: Disability/Veteran
Centier Bank is proud to have an engaged and inclusive culture and to promote and ensure equal employment opportunity in all employment decisions regardless of race, color, gender, national origin, religion, age, disability, sexual orientation, gender identity, military status, veteran status or any other legally protected status.
Member FDIC