What are the responsibilities and job description for the Underwriter II position at Ponce Bank?
Brief Description
Impact
Enhances Bank performance and profitability.
Responsibilities
Responsible for underwriting and evaluating commercial real estate and construction loan applications.
Essential Functions
Training is required of all Bank staff as related to regulatory mandated compliance topics and courses required for specific job functions. Career enhancement training courses are also available. Please refer to course catalog and management for details.
Competencies (refer to Competencies Library)
Skills
The physical and related demands described in this section are representative of those that must be met by an employee to successfully perform the essential functions of this job. This job is mostly sedentary in nature, but may occasionally involve lifting files and other materials that weigh up to 20 lbs. Employees in this job must be able to work in an office environment during regular business hours where they come into regular and frequent contact with internal and external customers and other members of the public. Therefore, employees in this position are expected to have consistently positive interactions with the public.
Requirements
Education/Training
Bachelor's degree in business, economics, accounting, finance, real estate development or related field of study normally required; specialized mortgage loan underwriting education/training.
Experience
A minimum of five (5) years’ experience in underwriting commercial, construction, and owner-occupied mortgages loans with loan size exceeding $5MM. Construction experience strongly preferred.
Salary Range
$92,280-$107,650
Your work powers purpose—and service makes it possible.
Behind the scenes, our back-office professionals are the driving force of our mission. Through service in operations, lending, compliance, marketing, or IT, your expertise fuels innovation and ensures we deliver on our promise of community-first banking.
Join a team where your role isn’t just essential—it’s transformative, making a direct impact on the people and communities we proudly serve.
Ponce Bank participates in the E-Verify program.
Impact
Enhances Bank performance and profitability.
Responsibilities
Responsible for underwriting and evaluating commercial real estate and construction loan applications.
Essential Functions
- Examines and verifies accuracy plus consistency of all provided financial information and documentation; ensures loan files contain all required application forms; validates all regulatory disclosures provided by the processor.
- Identifies, reviews and analyzes all relevant information in order to assess credit risk; determines profitability, strength of a guarantor or borrower, and sources of repayment.
- Disseminates financial information as part of the credit application process.
- Reviews third party vendor reports while communicating with the respective parties to resolve any discovered discrepancies.
- Prepares credit proposals with respect to financial standing and makes recommendations to the Bank’s loan committee and/or Board of Directors for approval or denial of a prospective or existing credit, as well as documenting reasons for policy exception recommendations, if any.
- Monitors existing portfolio to include annual reviews of credit and renewal of existing line of credits, as well as compliance with covenants.
- Assures adherence to Bank policies and procedures and federal and state regulatory requirements.
- Provides cross-functional support to other areas of the department and the Bank where service or assistance is needed.
- Performs tasks which are supportive in nature to the essential functions of the job, but which may be altered or re-designed depending upon individual circumstances.
Training is required of all Bank staff as related to regulatory mandated compliance topics and courses required for specific job functions. Career enhancement training courses are also available. Please refer to course catalog and management for details.
Competencies (refer to Competencies Library)
Skills
- Clearly communicates in English;
- Proficient reading, writing, grammar, and mathematics skills;
- Proficient interpersonal relations and communicative skills;
- Proficient knowledge of underwriting;
- Moderate PC skills, including working knowledge of Microsoft Office software.
The physical and related demands described in this section are representative of those that must be met by an employee to successfully perform the essential functions of this job. This job is mostly sedentary in nature, but may occasionally involve lifting files and other materials that weigh up to 20 lbs. Employees in this job must be able to work in an office environment during regular business hours where they come into regular and frequent contact with internal and external customers and other members of the public. Therefore, employees in this position are expected to have consistently positive interactions with the public.
Requirements
Education/Training
Bachelor's degree in business, economics, accounting, finance, real estate development or related field of study normally required; specialized mortgage loan underwriting education/training.
Experience
A minimum of five (5) years’ experience in underwriting commercial, construction, and owner-occupied mortgages loans with loan size exceeding $5MM. Construction experience strongly preferred.
Salary Range
$92,280-$107,650
Your work powers purpose—and service makes it possible.
Behind the scenes, our back-office professionals are the driving force of our mission. Through service in operations, lending, compliance, marketing, or IT, your expertise fuels innovation and ensures we deliver on our promise of community-first banking.
Join a team where your role isn’t just essential—it’s transformative, making a direct impact on the people and communities we proudly serve.
Ponce Bank participates in the E-Verify program.
Salary : $92,280 - $107,650