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Commercial Underwriter: White Plains, NY

Job ID: PM203
Department: Lending
Title: Commercial Underwriter
Exempt/Non-Exempt: Exempt
Report to: Chief Credit Officer
Supervises: N/A

Responsibilities:
  • Underwriting commercial loans including LOC’s, mortgages-both owner occupied and commercial real estate, term loans and leases.
  • Evaluate consumer/dealer loans and recommend approval or decline.
  • Assist commercial lenders with underwriting LOC renewals, as needed.
  • Analyze/Spread business and personal financial statements and tax returns
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  • Process requests for advances and account transfers, when necessary.
  • Effectively communicate with appraisers to order appraisal reports and track appraisals ordered.
  • Preparing term sheets and commitment letters as needed.
  • Attending loan committee on a regular basis as a non-voting member and taking the minutes of the meeting.
  • Assisting the CLO in the loan origination process by prescreening and evaluating loan packages.
  • Attend customer meetings with the lenders (as requested).
  • Attend loan closings as required.
  • Communicate with outside parties, such as attorneys and accountants, when necessary.
  • Ordering credit reports, Flood Certifications, EDR reports, and more detailed Phase 1 Environmental reports, when necessary (as backup).
  • Provide support for the Loan Operations Department as emergency backup, when necessary.
  • Other duties, as assigned

Education / Training:
  A BS or BA degree normally required; specialized credit education and training.
 

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