Underwriter - Institutional Loans [Up to 75K/mth]

Job Responsibilities:

• Respond to Transactors and clients on underwriting requests for credit extensions for new and existing clients, and do annual reviews for complex securitized loan portfolios.
• Conduct and review due diligence and prepare internal committee packages for approval, and follow through to obtain credit approvals from committee;
• If required, work with loan / bond sale team members for the sale or syndication of the loans to other lenders and / or Bond Investors and with Rating Agencies.
• Prepare monthly and/or quarterly reviews of existing borrowers in order to track compliance with various covenants or triggers as outlined in the Credit Agreement.
• Demonstrate a solid understanding of bank products and services within Corporate Banking, Global Markets and the broader organization.
• Be or become very familiar with bank credit and regulatory policies and practices, to ensure compliance with the above and satisfactory ratings from internal and external auditors.
• Provide backup to other underwriting team members to ensure seamless and efficient delivery of underwriting to clients as needed. Recommend changes to process to achieve greater efficiency.
• Potential to travel outside of home base to meet with internal and external clients, conduct due diligence on specific asset portfolios and participate in training opportunities.

• Bachelor Degree or above in Finance, Business Management; preferably with MBA
• At least 7+ years of credit experience, of which minimum of 3 years in securitized loan underwriting or equivalent experience
• Possess excellent communication, organizational and interpersonal skills
• Ability to work well under tight deadlines, manage priorities, and complete assigned tasks with minimal management follow up
• Excellent analytical and computer skills including the ability to quickly adopt new technology
• Demonstrated track record and working knowledge of applying lending Underwriting Guidelines and preferably have some familiarity with the processes of Rating Agencies for securitized products
• Ability to read, comprehend, and summarize legal documents collected in the due diligence process or produced by bank’s legal counsel
• Working knowledge of the nuances of loan transactions under market standard syndication loan format will be weighted in favor of the successful candidate
• Ability to travel (10-20% of time) on short notice necessary

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