Asset Based Lending - Senior Underwriter

Texas Capital is built to help businesses and their leaders. Our depth of knowledge and expertise allows us to bring the best of the big firms at a scale that works for our clients, with highly experienced bankers who truly invest in people’s success — today and tomorrow.  

While we are rooted in core financial products, we are differentiated by our approach. Our bankers are seasoned financial experts who possess deep experience across a multitude of industries. Equally important, they bring commitment — investing the time and resources to understand our clients’ immediate needs, identify market opportunities and meet long-term objectives. At Texas Capital, we do more than build business success. We build long-lasting relationships. 

Texas Capital provides a variety of benefits to colleagues, including health insurance coverage, wellness program, fertility and family building aids, life and disability insurance, retirement savings plans with a generous 401K match, paid leave programs, paid holidays, and paid time off (PTO). 

Headquartered in Dallas with offices in Austin, Fort Worth, Houston, Richardson, Plano and San Antonio, Texas Capital was recently named Best Regional Bank in 2024 by Bankrate and was named to The Dallas Morning News’ Dallas-Fort Worth metroplex Top Workplaces 2023 and GoBankingRate’s 2023 list of Best Regional Banks. For more information about joining our team, please visit us at www.texascapitalbank.com. 

Brief Overview of Position

The Asset Based Lending Senior Underwriter role is positioned within Credit Administration and is integral to the success of the line of business it supports, helping to drive the strategic vision set forth by Texas Capital Bank.

This position will support the Asset Based Lending business within the bank. The Underwriter owns the underwriting process for all credit requests, working closely with Analysts, Associates, and Relationship Managers to determine and evaluate potential risks and identify cross-sell opportunities. The ABL Underwriter expected to have the ability to lead a deal from opportunity to close with little to no oversight. This individual will play a critical role in structuring and underwriting complex ABL revolving and term credit facilities. and spearheads processes to ensure best-in-class Customer Service while serving as an internal consultant and liaison between Credit and the Line of Business. 

Responsibilities

To be successful in this role, candidates must be able to process large amounts of information, communicating in a clear and concise manner, and develop innovative solutions for our clients, all while maintaining a strong and efficient attention to detail. Key responsibilities include, but are not limited to:

• Serve as subject matter expert in asset based lending credit policies, procedures, and loan documentation, providing expertise in structuring loans that align with institutional requirements, credit policies, risk management practices.
• Lead the due diligence process for credit approval, including coordination of field exams, appraisals, and negotiation of legal documentation.
• Prepare comprehensive, high quality and concise credit approval packages which offer detailed analysis that highlights credit risks, mitigants, and transaction rationale.
• Perform detailed financial and collateral analysis, including reviewing borrower financial statements, borrowing base calculations, and cash flow projections.
• Responsible for risk rating assessment, spreading of financial statements and preparation of financial models
• Partner with Portfolio Manager in credit agreement review and negotiation
• Ownership of all credit approvals
• Identification of key risks and issues pertinent to each credit request, including potential mitigants for identified risks.
• Oversight and in-depth analysis of macroeconomic conditions, industry trends and changes in lending practices
• Assist in identification ofcross-sell opportunities
• Lead and/or support key initiatives to drive improvements in the delivery of credit solutions for clients and prospects

Qualifications

• Bachelor’s degree in Finance, Accounting, Commercial Bank