[Remote] Commercial Underwriter I

Note: The job is a remote job and is open to candidates in USA. Pathward is a financial empowerment company dedicated to creating financial inclusion for all. The Commercial Underwriter I role involves underwriting loans, managing the underwriting process, and collaborating with business development officers to ensure a smooth transition to account executives.

Responsibilities

• Underwrite the entire spectrum of lending products, regardless of size or complexity, in a timely and efficient manner
• Understand and apply credit policies and minimum underwriting standards
• Collaborate closely with the various Business Development Officers to provide a consultative/value-added credit perspective, both prior to proposal issuance and thereafter
• Review and analyze new deal packages for content and completeness and conduct initial interviews with prospects
• Order and review due diligence and documentation
• Review and analyze financial statement spreads and understand cash flows
• Review field examinations and understand collateral and financial trends indicated therein
• Visit prospect locations and meet management of the business prior to closing for transactions over a predetermined amount
• Gain a thorough understanding of the prospect's business and the company's asset conversion cycle
• Review reporting requirements and processing with clients
• Analyze debtor information in conjunction with Debtor Credit Manager
• Prepare the credit narrative for appropriate approval
• Conduct and document the pre-funding process and oversee the efforts of the Client Analyst assigned to the transaction
• Oversee closing documentation process and effectively negotiate with prospect
• Mentor and train analysts, field examiners and less experienced business development representatives
• Other duties as assigned

Skills

• Bachelor's degree or equivalent education and work experience
• Up to 2 years relevant experience
• Business Acumen
• Customer Focus
• Collaborates
• Communication Skills
• Negotiating

Benefits

• Health insurance
• 401(k) retirement benefits
• Life insurance
• Disability benefits
• Paid time off
• And more

Company Overview