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

• 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.