Manager, Underwriting

Manager, Underwriting

Internal Title: Associate, Underwriting & Portfolio Management  

Internal Level: Manager  

 

The Underwriting and Portfolio Management organization is responsible for working with internal partners to underwrite new transactions and manage the existing portfolio of loans. Our Underwriters and  Portfolio Managers balance supporting the Commercial’s Bank’s growth and ensuring we have a scalable, well-managed business. This role supports the insert Line of Business name here. 

 

Insert Line of Business description 

 

As an Associate, Underwriting & Portfolio Management, you have advanced beyond the fundamentals of credit risk management and are expected to perform most responsibilities with minimal oversight. In addition to identifying risks and mitigants, you begin to identify and escalate trends or anomalies on individual deals or within the portfolio.  

 

Primary underwriting responsibilities may include: 

• Perform due diligence on industry and company performance; synthesize research and begin to draw conclusions; may start to lead diligence calls 

• Perform thorough financial analysis and identify disparities, risks, and creative ways to mitigate risk 

• Prepare financial modeling inputs with little guidance; understand model mechanics and consider overrides or exceptions 

• Analyze appropriate structuring options considering collateral and borrower valuation 

• Write and prepare credit approval documents; provide meaningful contribution to internal meetings, including deal review and pipeline meetings 

• Coordinate and complete closing process requirements 

• Begin to shadow more senior underwriters on reviewing and negotiating legal documentation  

• Communicate with all external constituents; exhibit a sense of urgency toward meeting client requests 

• Prepare term sheets, commitment letters and fee letters with guidance; basic understanding of credit documents 

• Prepare pricing model for complex deal structures and begin to understand drivers for pricing model outputs 

 

Primary portfolio or asset management responsibilities may include: 

• Demonstrate ownership of a portfolio of existing customers with minimal guidance; may take on more complex or higher volume of accounts  

• Complete annual reviews and both material and non-material modifications independently and on time  

• Monitor and determine upgrades or downgrades to risk ratings 

• Ensure compliance with credit policies and procedures for existing accounts 

• Respond to requests from all internal and external stakeholders 

• Ensure portfolio data is accurate, timely, and complete to ensure strong quality and reporting capabilities 

• Escalate and resolve problem accounts in partnership with other teams and specialists 

 

Additional Responsibilities may include: 

• Build relationships across function and business to foster collaboration between partner groups  

• Mentor and train rotational analysts and new hires 

• Participate in internal initiatives to ensure the business is well-managed and operates efficiently 

 

Basic Qualifications: 

• Bachelor’s Degree or Military Experience