The AVP-Credit Underwriter is responsible for underwriting of new or existing loans in a portfolio primarily of CRE, Commercial & Industrial lines of credit and term facilities, also multi-family and mixed-use loans, non-profit loans as well as loans to houses of worship. The underwriter will be contributing to the loan growth potential of the bank by underwriting credit risk, assessing current credit quality and assign proper risk ratings.
Our client is a community bank.
The AVP-Credit Underwriter will be responsible for:
Strong Underwriting skills set and ability to understand and communicate credit issues
Independently assess complex credit issues and analyze risk
Proficiency and experience in analyzing financial statements and reviewing overall credit quality
Underwrite loan extensions and renewal requests as needed
Conduct site visits as necessary and prepare site visit reports for loans in the portfolio in accordance with lending procedures
Assist with annual review of existing loans as needed
The ideal AVP-Credit Underwriter will have:
College Degree with an equivalent of 5+ years of experience in underwriting and analyzing commercial real estate and business loans
Well-developed analytical and problem-solving skills
Strong organizational skills
Strong verbal and written skills
Knowledge of bank products and services
Strong knowledge of Microsoft Office products
Ability to underwrite and monitor commercial and industrial loans, lines of credit, term facilities, as well as owner occupied mortgages, multi-family and mixed- use loans, small business loans, non-profit loans as well as loans to houses of worship
In-depth knowledge of credit quality and credit analysis
Proficient in analyzing financial statements of commercial real estate, multi-family and business operations
Ability to interact with borrowers, attorneys, accountants, appraisers and any other external professionals as required
Strong verbal and written communication skills, relationship management, and business development skills, working with both private sector financial institutions and public agencies
Familiar with federal, state, and local government funding sources for capital and operating needs of multi-family housing, commercial real estate
The AVP-Credit Underwriter will receive a competitive annual base salary in New York, NY.