46 - Commercial Underwriter II

Kennebunk Savings operates on the shared belief that Helping One Another Is the Right Thing To Do.
Our Core Values – Trust, Integrity, Proactive and Empathy provide the guide posts for how we support that belief. They guide our day to day actions – from the way we build relationships, to how we make decisions and problem solve, to how we interact with one another. Our Core Values form the foundation of our culture. Embodying them forms the basis of what makes for a successful employee at Kennebunk Savings.
Scope of Work
Under the general guidance of the Commercial Credit Underwriting Manager or Commercial Credit Portfolio Manager, this position performs independent financial analysis for commercial loan requests of a moderate to complex nature, within the small business and corporate segments. This position is responsible for accurately summarizing underlying risk and notes any deviations from commercial loan policy. The incumbent works with lenders to address concerns and raises level of discussions to manager as deemed necessary, while ensuring that their work is in compliance with applicable laws, policies and regulations as detailed in the Commercial Loan Policy Manual. This role serves as a mentor to junior underwriters and may possess lending authority as experience warrants.

Essential Functions (3)

Manages loan pipeline through use of workflow application:

• Adheres to established Service Level Agreements (SLAs)
• Manages timely receipt of current financial information and other pertinent information required for detailed and meaningful credit analyses
• Provides proactive and on-going communication with lenders and management regarding the status of annual reviews assigned to them
• Assists other underwriters within the department in completing tasks where appropriate

Analyzes financial statements for guarantors and businesses:

• Recognizes trends and can formulates appropriate responses regarding the feasibility of credit requests
• Provides loan approval recommendations to the appropriate lending authority and as applicable, maintains lending authority over a level of their own work
• Identifies and quantifies business risks as well as recognizes key drivers of risk

Maintains various reports and updates data used to track performance

Other Duties & Responsibilities:

• Assists with coaching, training and leading staff or other bank personnel in credit and financial analysis techniques
• Promotes the Kennebunk Savings Brand by recommending our products and services, supporting our community focus & commitment to being a premier employer
• Understands, supports and adheres to applicable organizational policies/procedures and state/federal regulations
• Consistently emphasizes the importance of teamwork in the department and company at large
• Responsible for keeping abreast of company news and information
• Responsible for completing required training and policy review
• May serve on various committees
• Willingness to take on additional tasks and duties

Desired Certifications & Licenses:

• Not applicable

Desired Knowledge, Skills & Abilities:

• Knowledge of financial accounting with ability to spread and analyze financial statements/tax returns from businesses and individuals
• Knowledge of loan programs offered by government agencies such as FAME and SBA
• Displays high level of regard for trust and confidentiality
• Proficient in Microsoft Office Products
• Displays strong written and verbal communication skills
• Displays strong organization skills and the ability to multi-task to meet established deadlines
• Demonstrates a high level of accuracy and attention to detail
• Effectively uses analytical skills to solve technical, as well as, non-technical problems
• Prior knowledge of regulations within the financial services industry is preferred
• Ability to adapt to change

Desired Job Experience:

• 2 years of commercial lending/credit experience is preferred
• Experience in a professional, service focused and fast-paced environment

Desired Education:

• Bachelor’s Degree in Accounting or Business is preferred

Working Conditions & Minimum Physical Requirements

• Physical surroundings are generally pleasant and comfortable with minimal exposure to injury or other hazards
• Dexterity of hands and fingers to operate a computer and other office equipment
• Lifting and moving of moderately heavy objects on occasion
• Normally seated for extended periods of time

Revised 04/20/2023

External and internal applicants, as well as position incumbents who become disabled as defined under the Americans with Disabilities Act, or Maine/New Hampshire Human Rights Commissions, must be able to perform the essential job functions (as listed) either unaided or with the assistance of a reasonable accommodation to be determined by management on a case-by-case basis.