BCS UNDERWRITER IV

BCS UNDERWRITER IV 

Salt Lake City, UT

Financial Services - Commercial Banking

Exp 10 -15 yrs

Degree Bach

Relo

Bonus

Job Description

 Responsible for making credit worthy decisions on complex commercial transactions to determine acceptability of risk in accordance with the company guidelines and standards.

Advanced expertise on commercial loans

Position Accountabilities

Evaluates all financial statements (business and personal tax returns, fiscal year-end and interim statements and personal financial statements) for credit worthiness. Identifies recurring and non-recurring income/expenses. Comprehend all schedules, notes, and K-1's. Differentiates between cash and accrual method as well as comprehend UCA cash flow analysis. Consolidates related entities and summarizes results.

Identifies credit strengths, weaknesses, industry risks, and anomalies that lead to further investigation. Determines or amends applicable loan agreement covenant and monitoring requirements.

Collaborates with Relationship Managers on reasoning for a particular decision, answering potential loan request questions, identifiying/resolving potential problem loans.

Prepares a comprehensive credit summary in conjunction with the Relationship Managers and Credit Manager to address all material aspect of the request.

Supports management of the Relationship Manager portfolio by addressing convenant violations, completing annual review/renewals, and identifiying opportunities.

Performs other duties as assigned.

Qualifications

Required Education or Equivalent Experience

Bachelor’s Degree Required

Required Experience

Years of functional/professional experience: At least 10 years

Field of Experience

Expert knowledge of information and data processing systems. Expert in evaluating business and credit reports

Expert knowledge of our Policy and Procedures

Expert understanding of various regulatory/compliance policy and procedure including but not limited to Fair Lending, OFAC, Flood, Regulation O, highly leveraged transactions, etc.

Meet and/or exceed our Service Level Agreement commitment

Proficiency in MS Office and other system applications

Excellent written and verbal communication skills

Excellent organizational skills