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Business Banking Underwriter (VP)

Melville, NY 11747 | Direct Hire

Post Date: 05/03/2018 Job ID: 12328 Industry: Business Banker
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Business Banking Underwriter (VP)

Melville, NY

Full-time, Direct-hire

Job Description:

SUMMARY: Exercises individually assigned lending authority, as granted by the Board of Directors, to underwrite loans in accordance with bank policy and regulatory safety and soundness standards. This position primarily supports the Business Banking Lending Division but may support other divisions, as well.

ESSENTIAL DUTIES AND RESPONSIBILITIES:

* Processes new loan request by reviewing applications, credit histories, collateral and relationship with bank (other accounts).

* Evaluates requests for credit and approves or denies based on authority level within accepted bank policies/procedures and applicable regulatory guidelines.

* Determines terms and acceptability of risk of prospective business lines.

* Mentors and trains lower level underwriters, in addition to facilitating specialized training throughout the bank as requested by management.

* Temporarily steps into supervisory roles in the absence of supervisors and managers.

* Reviews and interprets personal and business tax returns.

* Performs cash flow analysis using the debt service worksheet.

* Provides support to account officers/executives, loan officers, branches and/or loan processors by answering queries and providing training on basic lending issues.

* Evaluates data and makes required decisions based on high risk factors.

* Specifies conditions for loan approval.

* Submits declined loans to Manager for second review.

* Works on special projects as assigned by management.

 

QUALIFICATIONS/COMPETENCIES


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 and/or EXPERIENCE

High School diploma required; college degree preferred. Formal credit training required.
  • 6+ years related experience required. 
  • 5 years' experience underwriting business loans up to $3MM or more highly desired
  • Residential mortgage underwriting is not applicable for this role and will not be considered


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Gary Fiore
Recruiter/Operations Associate

Currently overseeing all marketing and promotional campaigns, Gary brings his extensive knowledge of social media and journalistic principles to our operations/marketing division. Currently, Gary helps assist all business-related operations including candidate recruiting, database housekeeping, and marketing strategies. In addition, Gary is also responsible for managing web content, and producing all marketing projects. Gary holds a B.A in Multimedia/Broadcast Journalism from the University of Maryland and a Master's Degree in HR Management from Stony Brook University.

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