Commercial Credit Underwriter, Sr.

Nevada State Bank; Las Vegas (NV); On-site; USD 90,000 - 115,000; Full time

Job summary

A leading bank in Las Vegas is seeking a Commercial Credit Underwriter, Sr. to manage loan portfolios and analyze financial statements. The ideal candidate will have over 4 years of experience in commercial lending, strong analytical and communication skills, and a Bachelor’s degree. This full-time position offers a competitive salary and benefits starting on day one.

Benefits

Medical, Dental and Vision Insurance

401(k) plan with company match

Paid Time Off (PTO)

Tuition Reimbursement

Qualifications

• 4+ years experience with commercial lending or related experience.
• Extensive knowledge of lending policies and procedures.
• Must possess strong analytical abilities.

Responsibilities

• Manage the commercial loan portfolio with coordination.
• Document understanding of the lending relationship.
• Assist in the presentation of loan at credit committee.

Skills

C&I credit underwriting

Financial analysis

Written and verbal communication

Analytical abilities

Decision-making skills

Education

Bachelor's degree

Tools

Moody's Risk Analysis

Common office software

Job description

Overview

We are now accepting applications for Commercial Credit Underwriter, Sr. (Portfolio Risk Officer) to join our underwriting team. This role will focus on managing and servicing loan portfolios, spreading and analyzing financial statements, and identifying industry risk. This position is fully in office at our Corporate building in Las Vegas, NV.

1 month ago Be among the first 25 applicants

Essential Functions

• Manages the commercial loan portfolio with coordination from the Relationship Manager (RM).
• Conducts initial interview with the RM and is introduced to client.
• Follow up with borrower for required financial information and explanation.
• Through discussion with the client and minimal RM assistance obtain sufficient understanding of borrower's financial position, managerial strategy, and expected loan performance to recommend a loan structure.
• Document understanding of the lending relationship in written form primarily in loan credit presentations, but also in problem loan reports, semi-annual credit reviews, risk grading, and file comments.
• The Commercial Credit Underwriter, Sr. will assist and may lead the presentation of the loan at credit committee.
• Obtain satisfactory Audit and Regulatory examination findings.
• The successful Commercial Credit Underwriter, Sr. is capable of managing the loan portfolio with limited assistance from the RM. Other duties as assigned.

Qualifications

• Requires a Bachelor's and 4+ years experience with commercial lending (C&I), lending policies and procedures, or other directly related experience. A combination of education and experience may meet requirements.
• Extensive knowledge of C&I credit underwriting, lending policies and procedures, loan structuring, and financial analysis.
• Must have knowledge of job-related software such as Moody's Risk Analysis as well as other common office software and applications.
• Must have strong written and verbal communication skills, including technical writing and ability to communicate with external clients and internal employees.
• Must have excellent analytical abilities and decision-making skills.

Benefits

• Medical, Dental and Vision Insurance - START DAY ONE!
• Life and Disability Insurance, Paid Parental Leave and Adoption Assistance
• Health Savings (HSA), Flexible Spending (FSA) and dependent care accounts
• Paid Training, Paid Time Off (PTO) and 13 Paid Holidays, (includes Nevada Day & Family Day)
• 401(k) plan with company match, Profit Sharing, competitive compensation in line with work experience
• Mental health benefits including coaching and therapy sessions
• Tuition Reimbursement for qualifying employees
• Employee Ambassador preferred banking products

Pay range (depending on experience): $90,000 - $115,000/Annual Base Salary

Seniority level

• Mid-Senior level

Employment type

• Full-time

Job function

• Finance and Sales
• Industries Banking