Senior Credit Underwriter

Company: American National Bank and Trust Company
Location: Greensboro
Posted on: January 26, 2023

Job Description:

Description:
The Senior Credit Underwriter analyzes credit and financial reports as well as industry and market condition data to determine risk involved in loaning money or extending credit. Specifically, the Senior Credit Underwriter will review balance sheet strength, income and profitability trends, cash flow and debt service coverage, management quality, and market conditions to determine if loans will be sound and in compliance with Bank credit policy. The Senior Credit Underwriter will also provide staff support for the Relationship Managers in serving the bank's loan customers thus interfaces regularly with Management and Relationship Managers. ESSENTIAL FUNCTIONS 1. Review and spread business and personal financial information including leases and rent rolls received to provide detail for historical comparison and analysis. 2. Document cash flows for operating business entities, real estate holding companies and individuals, as well as an overall global cash flow for loan analysis and loan approval. 3. Produce projections, pro-forma statements and sensitivity analysis as appropriate. 4. Identify and document exceptions to the Bank credit policy as well as pertinent mitigating factors. 5. Prepare written and verbal presentations of financial information including detailed formal credit analysis with recommendations for loan approval or denial. The Senior Credit Underwriter will at times present loans to Credit Officers and or Credit Committee for approval. 6. Conduct Annual Reviews of existing relationships and Annual Loan Covenant Compliance with consideration of Risk Rating accuracy. The Senior Credit Officer may also assist the Relationship Manager and Credit Administration on Past-Due loans, Watchlist credits and loan workouts. 7. Conduct a yearly formal analysis of all major Bank vendors with a detailed description of that company and any areas which may affect the vendors' performance and reliability as related to the Bank. 8. Work closely with the Credit Underwriting Supervisor and Regional Credit Officers to maintain an acceptable turn-around time on all loan requests to sustain our reputation as a service-oriented and personable community bank. 9. Act as a training resource for Relationship Managers and Junior Credit Underwriters related to understanding and interpreting financial statements and tax returns and upon request review the cash flow preparations and analysis of Relationship Managers and Junior Credit Analysts for correctness and completeness. Also reinforce the Bank's commitment to sustaining high credit quality and strong credit culture. 10. Assist in the portfolio review of possible bank acquisitions by American National Bank. 11. Prepare and present for approval ACH Requests as instructed by Treasury Management Services. 12. Participate in continuing education courses to stay abreast of new banking regulations. 13. Maintain thorough knowledge of Bank's credit policy and other Bank policies and procedures. 14. Maintain a thorough knowledge of all American National Bank products, services, procedures, policies and appropriate regulatory issues relating to daily job functions including but not limited to: Bank Secrecy Act; Privacy; Fair Lending; Regulation E; deposit, transaction and loan accounts.

Requirements:
1. Demonstrated analytical and problem-solving skills. 2. Experience working in a fast-paced environment where required to prioritize and deal effectively with varying workloads and meet deadlines. Time management is critical. 3. Proven experience working independently with assertive decision-making for loan recommendations. 4. Exceptional communication skills required, both verbal and written, including courteous and professional interaction, establishing trust and maintaining productive relationships with customers, peers, relationship managers and bank management. 5. Quickly grasps Bank analysis software and retains information. 6. Experience with CoStar and IBISWorld or similar platforms preferred. 7. Proficient with Microsoft Office Products - Word, Excel and Outlook. 8. Limited travel required. EDUCATION AND EXPERIENCE 1. Bachelor's Degree in accounting, business or finance preferred. 2. 5 years in Commercial Banking required (e.g., Credit Administration, Commercial Credit Underwriting, Portfolio Management, or Commercial Lending). The above statements are intended to describe the general nature and level of work performed by people assigned to this classification. They are not intended to be construed as an exhaustive list of all responsibilities, duties, and skills required of personnel so classified. American National Bank is an equal opportunity employer. All applicants will be considered for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, veteran or disability status. PM21 PI200670994

Keywords: American National Bank and Trust Company, Greensboro , Senior Credit Underwriter, Accounting, Auditing , Greensboro, North Carolina