HOW WILL YOUR ROLE IMPACT FIRST COMMAND?

Evaluates, analyzes, underwrites, structures, documents, closes, and monitors commercial loans and real estate loans to professionals in our Target Market.  Interacts with advisors, clients, and prospects to develop new commercial loan opportunities as well as manages an existing loan portfolio. 

WHAT WILL YOU BE DOING? 

• Underwrite and evaluate loan requests. Write or oversee preparation of accurate credit approval presentations (CAPs) by analyzing and interpreting financial information and tax returns on prospective and existing borrowers, to include global cash flow on historical and pro forma basis.
• Assess the general creditworthiness of prospective borrowers and determine whether the transaction merits moving forward through the full underwriting process with the guidance of the Manager.
• Communicate and follow up with clients, advisors, and prospects with questions about financial aspects of the transaction and negotiate the structure with the client/prospect.
• Make recommendations to appropriate approval authorities, including Internal Loan Committee, and Directors Loan Committee and, exercise individual lending authority when applicable. (Estimated at $25,000 to $50,000)
• Coordinate loan closings by overseeing Loan Ops, Credit Analysts, Advisor, Client, Title Companies, Appraisers, Legal Counsel, and others involved in the closing process.
• Provide portfolio management duties on existing portfolio to include working delinquent and problem loans in concert with the Manager, monitoring covenant compliance, exception item follow up, and assessing proper risk rating of individual loans on an ongoing basis as well as through the Annual Review process.
• Develop relationships with the Financial Advisors, soliciting referrals and leads directly from them and from existing customers as necessary to build/maintain the loan pipeline.
• Develop local business if deemed necessary by Management.
• Complete other projects as requested by Manager.

WHAT SKILLS/QUALIFICATIONS DO YOU NEED? 

EDUCATION

• BBA (Finance or Accounting degree preferred)

WORK EXPERIENCE

• 3+ years’ experience as a credit analyst preparing credit write-ups for various types of commercial and real estate loans
• 2+ years in commercial lending underwriting
• Some experience in portfolio management preferred
• Professional and Executive Lending preferred

KNOWLEDGE, SKILLS, AND ABILITIES

• Proficiency in Microsoft Word and Excel, certification preferred
• Thorough understanding of accounting principles and how to apply them in assessing cash flow
• Thorough understanding of finance, including calculation of payments, rate, amortization, future value, and present value
• Competent in accurately assessing borrower’s global cash flow on both a historical and pro forma basis, utilizing business tax returns and individual tax returns
• Ability to spread, analyze, underwrite, structure, negotiate and close the basic transactions that the department encounters.
• Thorough knowledge of commercial loan documentation and general commercial loan underwriting principles.
• Ability to perform a high level of multi-tasking, working on numerous projects simultaneously, keeping those tasks moving forward in order to meet the expectations multiple advisors, client loan closing deadlines, and the requirements of Bank management and Bank regulators.
• Ability to balance new loan production duties with loan quality and portfolio management responsibilities
• High degree of attention to detail
• Fundamental foundation in financial spreading software
• Formal credit training preferred
• Exposure to banking regulations preferred
• Strong verbal and written communication skills

 #LI-NC1

Required Skills Required Experience

QUALIFICATIONS:

To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

Education/Experience:

High school diploma or general education degree (GED).

Language Ability:

Ability to read and comprehend simple instructions in English. Ability to write simple correspondence in English.  Ability to effectively present information to one-on-one and small group situations to customers, clients, and other employees of the organization.

Math Ability:

Ability to add, subtract, multiply, and divide in all units of measure, using whole numbers, common fractions, and decimals. Ability to compute rate, ratio, and percent and to draw and interpret bar graphs.

Reasoning Ability:

Ability to apply common sense understanding to carry out detailed but uninvolved written or oral instructions. Ability to deal with problems involving a few concrete variables in standardized situations.

Computer Skills:

To perform this job successfully, an individual should have knowledge of E-mail and Lab Information System (will train).

Certificates and Licenses:

Selected Laboratory Assistants required to travel for their job must have a valid driver’s license and an acceptable driving history.