Commercial Loan Underwriternew

Job Description: This position is responsible to the Vice President of Commercial Lending for the underwriting of new commercial loan requests, modifications of existing loans, and for the annual review of existing loans within the portfolio, while ensuring all federal regulations and laws are followed. Responsible and Accountable for: Working closely with commercial loan officers, borrowers, and guarantors to obtain relevant documentation to effectively review and evaluate commercial loan requests Conduct in-depth review of loan application documents including rent rolls, leases, balance sheets, income statements and tax returns presented by applicants to assess their ability to generate income sufficient to repay existing and proposed debt Prepares written proposals that summarize the borrowing request, an analysis of the financial condition of the borrower, the adequacy of collateral, sources of repayment, stress testing, industry comparisons, management experience, and provides recommendations based on analysis Spreads and analyzes personal and business financial statements Completes quality assurance reviews Makes risk rating and structuring recommendations Actively participate with lending officers in the preparation of commercial loan proposals for committee presentation Performs annual reviews or financial analysis reviews as needed on existing commercial loans Reviews appraisals, inspections, environmental or other reports and advises of notable call outs Assists management in the review and approval of small business loans as prepared by loan processors, within level of authority Assumes additional responsibilities as requested