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UniVest, LLC
Souderton, PA | Full Time
$54k-64k (estimate)
2 Days Ago
UniVest, LLC
Souderton, PA | Full Time
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Univest Financial Corporation
Souderton, PA | Other
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Univest Financial Corporation
Souderton, PA | Other
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Commercial Underwriter
UniVest, LLC Souderton, PA
$54k-64k (estimate)
Full Time | Banking 2 Days Ago
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UniVest, LLC is Hiring a Commercial Underwriter Near Souderton, PA

OverviewUnivest Financial Corporation (UVSP), has approximately $7.8 billion in assets and $4.7 billion in assets under management and supervision (as of December 31, 2023). Headquartered in Souderton, Pa. and founded in 1876, the Corporation and its subsidiaries provide a full-range of financial solutions for individuals, businesses, municipalities and nonprofit organizations in the Mid-Atlantic Region. In 2023, Univest donated $2.4 million to our communities, and our employees volunteered more than 13,100 hours.
At Univest we invest in the success of our employees and customers. We offer our employees the ability to be their authentic selves, while fostering a culture and an environment that inspires change and inclusivity. Seeking career-focused individuals, looking to bring passion and creativity to drive change. Our employees are encouraged to work collaboratively and embrace innovation to deploy needs based financial solutions in the communities we serve.
We're hiring a Commercial Underwriter to join our Credit Team. Please note, this position will be hybrid and can work out of any of our regional offices.
ResponsibilitiesPartnering with relationship managers and credit officers in underwriting credit opportunities. Ensure commercial loans are underwritten within the principles of sound banking practices and established policy guidelines.
Solid understanding of all credit products, credit policies and procedures, as well as the ability to underwrite more complex credits in terms of structure, pricing and negotiation.
Stay abreast of the risk tolerance status for the various loan types and keeps the lending and credit teams informed of any changes that might impact their marketing and loan negotiations.
Mentoring of less experienced analysts to promote solid skills within the credit department.
Assist in the credit aspects of all regulatory exams, internal loan audits and external loan audits, as necessary.
Perform Additional Duties As Required. Qualifications Bachelor’s degree required but an advanced degree in Finance, Accounting or a related discipline is recommended.
Minimum four (4) years of related commercial credit analysis experience, demonstrated understanding of commercial lending, both C&I and CRE.
Experience understanding and underwriting, structuring, covenanting, risk-rating and basic loan documentation. Formal credit training in a regional bank or regulatory environment with extensive knowledge of commercial credit and bank operations is strongly preferred.
Strong Organizational, Analytical And Communications Skills Required.Click here for Benefit Information
#Univest
An Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, or protected veteran status and will not be discriminated against on the basis of disability.

Job Summary

JOB TYPE

Full Time

INDUSTRY

Banking

SALARY

$54k-64k (estimate)

POST DATE

06/01/2024

EXPIRATION DATE

06/19/2024

WEBSITE

univest.net

HEADQUARTERS

HARLEYSVILLE, PA

SIZE

500 - 1,000

FOUNDED

1876

CEO

ROBYN GARIS

REVENUE

$200M - $500M

INDUSTRY

Banking

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About UniVest, LLC

Univest Financial Corporation is a vital, growing company with deep ties to its local communities. Our rich history is enhanced by our desire to remain close to our customers, so we can deliver excellent service and solutions to meet their financial needs. Univest's financial solutions for your life and business include banking, insurance, investments, trust, wealth management, leasing, and mortgage banking. Univest Financial Corporation (UVSP), including its wholly-owned subsidiary Univest Bank and Trust Co., Member FDIC, has approximately $6.3 billion in assets and $4.1 billion in assets und ... er management and supervision through its Wealth Management lines of business at December 21, 2020 Headquartered in Souderton, Pa. and founded in 1876, the Corporation and its subsidiaries provide a full range of financial solutions for individuals, businesses, municipalities and nonprofit organizations in the Mid-Atlantic Region. Univest delivers these services through a network of more than 50 offices in southeastern and central Pennsylvania as well as New Jersey and online at www.univest.net. More
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The following is the career advancement route for Commercial Underwriter positions, which can be used as a reference in future career path planning. As a Commercial Underwriter, it can be promoted into senior positions as a Health Underwriter that are expected to handle more key tasks, people in this role will get a higher salary paid than an ordinary Commercial Underwriter. You can explore the career advancement for a Commercial Underwriter below and select your interested title to get hiring information.