Business Banking Underwriting PM II

As the Business Banking Operations Underwriter PM II (UW II), you will be responsible for the daily underwriting of Business Lending Products within the Citizens footprint up to a Total Credit Limit (TCL) of $1,000,000.  The application decisions are made in a centralized environment (RELAY) utilizing a Streamline underwriting and credit decision approach.  All application decisions are within authorized credit authority limits.  This role also provides support to field personnel as it relates to the conditions, rate, credit risk , financial/cash flow analysis and overall lending decision.

Primary responsibilities include

• Underwrite business credit applications independently using sound judgment,  within an established single credit/lending authority limit.  All decisions are made while adhering to the Business Banking Credit Policy and underwriting procedures.  
• The UW is required to review all underwriting criteria, business and personal tax returns, CPA prepared financials, Company prepared financials, collateral, interest rate, fees and specific due diligence required for final approval.  All exceptions to policy must be properly addressed by the underwriter and approved by the Underwriting Manager.  
• Credit reviews include analysis of external personal credit and business credit bureau reports and scores for the business and guarantors and all associated deposit accounts.  
• Meet production expectations as measured by goal setting.
• Responsible for working with Business Banking Operations Closing to move approved applications through the process for quick closings.  Second looks applications are reviewed/discussed with the sales force, Underwriting Manager and/or Closing team.  
• The sales colleague may bring new information for consideration for a loc/loan request that was previously declined.
• Assist Portfolio Management with annual reviews and portfolio monitoring.

Qualifications, Education, Certifications and/or Other Professional Credentials

• Required Qualifications
  • 5+ years of direct lending experience and exhibited competency in various aspects of credit lending, portfolio management including financial spreading and analysis, credit structuring, collateral analysis, understand and applying credit policy and credit monitoring and risk administration practices. 
  • Must demonstrate practical and conceptual knowledge of credit and risk analysis.  
  • Exhibits competency at independently reaching conclusions and forms clear view of credit structure and business risk to Bank. 
  • Good understanding of industry nuances applicable to the credits reviewed.
  • General knowledge of loan and related legal documents.
  • Strong credit writing and communication skills. 
  • Equivalent work experience may be considered as an alternative to formal degree program completion.

Education: Bachelor's Degree Preferred

Hours & Work Schedule

• Hours per Week: 40
• Work Schedule: Monday through Friday

Equal Employment Opportunity

Citizens, its parent, subsidiaries, and related companies (Citizens) provide equal employment and advancement opportunities to all colleagues and applicants for employment without regard to age, ancestry, color, citizenship, physical or mental disability, perceived disability or history or record of a disability, ethnicity, gender, gender identity or expression, genetic information, genetic characteristic, marital or domestic partner status, victim of domestic violence, family status/parenthood, medical condition, military or veteran status, national origin, pregnancy/childbirth/lactation, colleague’s or a dependent’s reproductive health decision making, race, religion, sex, sexual orientation, or any other category protected by federal, state and/or local laws. At Citizens, we are committed to fostering an inclusive culture that enables all colleagues to bring their best selves to work every day and everyone is expected to be treated with respect and professionalism. Employment decisions are based solely on merit, qualifications, performance and capability.

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Background Check

Any offer of employment is conditioned upon the candidate successfully passing a background check, which may include initial credit, motor vehicle record, public record, prior employment verification, and criminal background checks. R