Commercial Credit Underwriter II
Company: Investar Bank National As
Location: Metairie
Posted on: October 9, 2024
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Job Description:
Job Function -Prescreens and underwrites loan requests related
to commercial real estate and commercial and industrial
transactions. Recommends the approval and structure of proposed
loans based on analysis of financial statements, tax returns, and
other financial information relevant to the transaction.Job
Responsibilities -Proactively and effectively manages and completes
assignments in high production environment so that service level
agreements and turn time targets are achieved on a consistent basis
without sacrificing quality.Reviews borrower financial statements,
tax returns and other relevant financial information in order to
perform cash flow and reserve analyses.Reviews leases, rent rolls
and operating statements for multi-family and commercial investment
properties; compares property and occupancy and net operating
income to comparable properties in the marketplace; and develops
pro-forma cash flow statements.Reviews title reports, appraisals,
environmental site assessments, physical condition reports and
other third party reports related to commercial properties offered
as collateral in connection with loan requests.Assess the location,
physical condition, economic/investment viability, quality of
management, and marketability of commercial real estate offered as
collateral.Reviews receivables aging reports, inventory reports,
equipment valuations and other relevant documentation critical in
analyzing a commercial and industrial loan request.Assists in
on-going covenant monitoring of commercial real estate and
commercial and industrial loan requests including monitoring of
borrowing bases and approving draws on asset-based lines of
credit.Reviews borrower organizational documents, credit reports,
and other relevant documentation critical to a proper credit
analysis.Independently develops rationale for recommending approval
or decline of loan requests.Prepares written credit workbooks which
include household summaries, loan summaries, transaction
explanation, project and global cash flow analysis, guarantor
analysis and credit recommendation.Conducts periodic and scheduled
reviews of loans and loan relationships in accordance with bank
policy.Assists loan officers in collection of updated tax returns,
financial statements, and other relevant documentation required
annually or to underwrite a new loan request.Demonstrates behaviors
which are aligned with the organization's desired culture and
values.Ensures that own work is in compliance with all applicable
laws, regulations, policies and guidelines.Performs other related
duties as required and assigned.Education and Related Experience
-Bachelor's degree in Finance or related degree (or equivalent
experience) required .3+ years of experience in commercial loan
underwriting requiredSkills and Abilities -Excellent written and
verbal communication skillsDecision-making skills and sensitivity
when dealing with confidential information.Strong computer skills,
including proficiency with MS Office (Word, Excel and Outlook).Must
possess knowledge of computers and computer operations MS Office
software.Must possess good verbal and written communication
skills.Must possess good organizational skills.Must possess ability
to perform detailed tasks with accuracy.Must possess decision
making skills.Must possess knowledge of standard office equipment
including computer, ten key adding machine, typewriter, fax
machine, scanner and copy machine.Working Conditions and/or
Physical Requirements -Ability to work under stress and meet
deadlines.Ability to operate a keyboard if required performing the
essential job functions.Ability to read and interpret a
document.Ability to travel if required to perform the essential job
functions.Ability to lift/move/carry approximately 20 pounds if
required to perform the essential job functions. If the employee is
unable to lift/move/carry this weight and can be accommodated
without causing the department an "undue hardship" then the
employee must be accommodated; hence, omitting lifting as a
physical requirement.EOE AA M/F/Veteran/Disabled
PI44b2e69cfa34-25660-34746100
Keywords: Investar Bank National As, Baton Rouge , Commercial Credit Underwriter II, Other , Metairie, Louisiana
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