Sr. Commercial Real Estate Underwriter Job in Milwaukee, Wisconsin US
Sr. Commercial Real Estate Underwriter
Description: - Sr. Commercial Real Estate Underwriter (006NC) Job Description Sr. Commercial Real Estate Underwriter-006NC Description Position Summary Analyze and risk-assess credit applications for commercial loans to ensure compliance with the Bank s credit risk management strategy and the Bank s credit policy. Preparation of highly technical and complicated credit packages to be presented to loan committee. Responsibilities: * Review commercial loan applications and analyze credit information to make a general assessment of applicant s creditworthiness. * Determine whether or not the proposed loan will conform to the bank s lending policy. * Prepare written summary of loan terms and conditions and a written narrative explaining business background, outlining risk factors and justifying assigned risk rating, ensuring conformity with bank credit policy and procedures and with applicable banking regulations. * Identify risks and assist in structuring the loan to mitigate risks. Assign risk ratings. * Regularly accompany Corporate Banker on customer calls. * Actively participate with lending officers in the preparation of loan proposals for committee presentation, including review of financial statements, projections and site visits. * Review construction contracts, leases, appraisals, environmental assessment reports, UCC searches, flood determinations, insurance policies and other information to assess risks associated with the bank s collateral position. * Interact with account officers to negotiate loan terms and follow up on information required to decision the application. * May contact loan applicants (customers) and their representatives (CPA s, CFO s) to obtain clarification about information received from them. * Respond to credit applications within the timeframe established by the department. * Perform Underwriting Manager duties, including Secretary of the Corporation s Credit Committees, when required; accountable for, with periodic oversight from Underwriting Manager. * Comply with all bank policies, procedures, state and federal banking laws and regulations including Bank Secrecy Act, Anti-Money Laundering, Office of the Comptroller of the Currency Control (OCC) and USA Patriot Act. Qualifications Requirements: * Bachelor s degree in business administration, finance, accounting or economics * Five or more years experience in a credit analysis role relative to commercial lending * Thorough knowledge of cash flow analysis, ratio analysis and projections as well as commercial loan structuring and documentation * Knowledge of commercial real estate appraisal techniques, field audit examination techniques and banking regulations governing commercial banking * Proficient in software applications such as Microsoft Word, Excel, PowerPoint * Solid qualitative and quantitative analytical skills; excellent conceptual, writing, and communication skills * Ability to interface effectively with other all levels of banking professionals including loan officers, credit managers, loan closers, appraisers, accountants and auditors * Ability to work independently and meet deadlines * Ability to work well under pressure and meet deadlines Job Credit/Lending Primary Location US-Wisconsin-Milwaukee-500 West Brown Deer Road Organization Lending Schedule Full-time Job Posting Mar 14, 2012 Unposting Date Ongoing Send this job to a friend Send this job description to a friend by email. All the relevant details will be included in the message.Send this job to a friend