Manager, Commercial Underwriting – Structured Finance

Role Overview

• Set and maintain the credit culture and manage new business underwriting process for all transactions.
• Train and further develop the Underwriting team as well as offer support and guidance for other areas of the organization including portfolio management, legal, and operations.
• Review new deal packages prior to assigning Underwriter for significant industry and credit concerns.
• Ensure that deals are underwritten prudently and efficiently.
• Review credit narratives for content, ensuring that all pertinent credit issues are addressed and approve new transactions underwritten, within authority limits.
• Manage department reporting exceptions and set debtor credit limits which exceed individual Relationship Manager or Underwriter approval authority.
• Manage within set credit quality standards, including remaining within budget on revenue generation, funding/approval ratios, new fundings, and credit quality.
• Interface with National Sales Manager with the underlying goal of promoting funding objectives.
• Work with BDO’s in structuring proposal letters and ultimately approve all proposal letters issued as well as National Sales Manager in training of BDO’s.
• Use CID to manage all facets of the underwriting process.

Requirements

• Bachelor's degree or equivalent education and work experience.
• 5+ years relevant experience.
• Ability to effectively lead others.
• Excellent verbal and written communication skills.
• Ability to manage multiple, competing priorities.

Benefits

• Health insurance
• 401(k) retirement benefits
• Life insurance
• Disability benefits
• Paid time off