Sr. Commercial Underwriter

The Senior Commercial Underwriter evaluates borrower creditworthiness and the structure of credit facilities to prepare the underwriting portion of loan presentations for approval. This role involves identifying strengths, weaknesses, and trends; offering recommendations; spreading financial statements; assessing risk; providing underwriting statistics; and staying current with regulatory compliance and economic conditions as they relate to commercial lending. The role handles underwriting for the most complex borrowing relationships, requires independent judgment and decision-making with minimal direction, and includes mentoring newer underwriting staff. Additionally, the position advocates for the bank and its lending services within the community, helping to identify and fulfill local financial needs by participating in community activities. This role is a key contributor on the Commercial Banking Relationship Team, working directly with Bankers, Credit Officers, and other Underwriters to analyze new and existing commercial credit opportunities and support loan portfolio management. The successful candidate may attend client and prospect meetings and conduct research to identify, quantify, and mitigate underwriting risk inherent in the borrower, industry, or loan structure, while developing strong working relationships with client management, internal teammates, credit officers, and other bankers. Senior Underwriters are also expected to provide mentorship to junior staff, including Credit Analysts and newer Junior Commercial Credit Underwriters.

Location

Dallas, TX 75225

Specific Job Duties

• Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
• Prepare in-depth front-end credit analysis by reviewing all necessary financial information, discussing the credit request and financial information with the banker in conjunction with underwriting, and drafting credit approval documentation.
• Spread annual and interim financial statements of companies.
• Spread annual personal financial statements and personal tax returns of owners/guarantors.
• Review or prepare and stress test projections.
• Conduct industry research.
• Identify risk inherent in the relationship, loan structure, or industry and determine methods to minimize the identified risk, including compensating factors.
• Identify policy and regulatory compliance issues.
• Prepare risk analyses.
• Analyze risks within the relationship, loan structure, or industry and propose mitigation strategies or compensating factors.
• Complete ongoing periodic credit servicing of loans within the portfolio, including analyzing financial statements and reviewing ratio tests.
• Mentor junior members of the underwriting team.
• Provide support for the bank’s sales efforts, which may include selling and promoting the bank’s services as opportunities arise.
• Participate in the financial institution’s community activities.
• Perform other duties, as assigned.

Job Requirements

• Bachelor’s degree in Accounting, Finance, or a related field; MBA preferred.
• Six years of commercial credit underwriting and/or portfolio management experience.
• A high school diploma or GED and ten years of related commercial banking underwriting experience may also qualify.
• Strong financial and analytical skills.
• Strong organizational and interpersonal skills.
• Strong oral and written communication skills to effectively discuss loan programs and policies with colleagues and customers.
• Proficiency with Microsoft Office products, including Word and Excel.
• Working knowledge of D+H Financial Analyzer and Credit Manager preferred.
• Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
• Equal Opportunity Employer/Veterans/Disabled.