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Underwriter III/Sr. Manager
Ref No.: 18-00044
Location: Plano, Texas
Position Type:Direct Placement
Experience Level: 11 Years
Start Date: 09/09/2018



Small Business Underwriter – C&I Loans

Staff Perm is supporting an enterprise Financial Services company in hiring a Sr. Underwriter for their Small Business Lending department. The SB Underwriter III role underwrites and recommends small business loan requests with Maximum Potential Exposure of up to $5 Million (new loan requests or renewals) and maintains up to $1,000,000 individual commercial loan authority for secured and unsecured loans. This individual may oversee the work of a team of junior underwriters, providing feedback regarding the quality and completeness of credit approval memos and ensures the team provides outstanding service to business bankers and branch managers, as well as an overall great customer service working with Business Loan advocates responsible for the end to end loan process.

Industry: Financial Services
Position: Full Time
Benefits: Yes
Bonus: Yes
Location: Plano, TX

Apply at: http://bit.ly/1mzJQeL

RESPONSIBILITIES:
  • Underwrites and approves, conditions, or declines new loan requests and renewals up to the limit of his/her commercial loan authority in accordance with loan policy and portfolio performance objectives.
  • Maintains up to $1,000,000 in commercial loan authority for secured and unsecured loans.
  • Underwrites and then recommends approval on loan requests that are in excess of his/her commercial loan authority. These requests are submitted to either an Underwriting Manager or Credit Officer for final approval.
  • May oversee Small Business Lenders I and II with feedback regarding the quality and completeness of credit approval memos, loan structure, policy knowledge, and credit scoring; and act as back up for Underwriting Managers
  • Provides – and ensures his/her assigned group of underwriters provide – outstanding service to business bankers and branch managers. Works with Small Business Bankers in structuring loan requests in a manner which will best mitigate lending risks while meeting borrower needs.
  • Delivers – and ensures his/her assigned group of underwriters deliver – a great overall customer experience working closely with the Business Loan Advocates that are accountable of the end to end loan process from application to funding.
  • Ensures appropriate application of all bank and line of business policies and procedures; supporting and driving adherence to regulatory compliance requirements.
  • Serves as thought leader in identifying and delivering improvements in our Small Business policy, underwriting, and/or risk management, driving special project work as appropriate.
  • Helps drive department's underwriting training.

QUALIFICATIONS:
  • Bachelor's Degree
  • 5+ years of Commercial and Industrial Loans (C&I loans)
  • 5+ years of experience in Credit Administration, Loan Underwriting, or Commercial Lending
  • 5+ years of Commercial Underwriting experience
  • Team Lead experience needed
  • Small Business Underwriting
  • Commercial Lending
  • Credit Analysis
  • Small Business Lending
  • Underwriting
  • Risk Management
  • Credit Risk
About Staff Perm
  • Staff Perm is a Certified Small Business Enterprise that is BBB Accredited utilizing a staff with over 20 years of staffing and placement experience to simplify the employee recruitment process.
  • 2221 Lakeside Blvd. Suite 1120, Richardson, Texas 75082 www.staffperm.com
  • Apply at: http://bit.ly/1mzJQeL
Equal Opportunity Statement:
Staff Perm is an equal opportunity employer and values diversity at our company. We do not discriminate on the basis of race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, or disability status.