AVP, CRE Underwriting

The AVP, CRE Underwriting will be primarily responsible for analyzing and preparing credit proposals for new and existing commercial real estate relationships. In addition, the AVP will ensure the accuracy of management reports and compliance with regards to department and regulatory policies and practices.

Qualifications:

• Bachelor’s degree required. Will consider commensurate experience.
• Minimum five (5) years’ experience in banking, credit risk analysis and commercial real estate underwriting required.
• Strong analytical, loan underwriting and writing and communication skills.
• Ability to self-start and work independently.
• Possess good judgment and decision-making skills a must.
• Ability to work within a team environment, interacting with peers and senior management within the Bank as well as with customers and outside third-party professionals.
• Knowledge of Microsoft Office (Word, Excel, PowerPoint), TaxAnalysis, Moody’s, Multi-List, Co-Star or other financial/real estate software a plus.

Principal Activities and Duties:

• Assist Management in the supervision of commercial real estate underwriters.  Guide underwriters in transforming loan application information into the appropriate standardized presentation format based on terms of loan applications and that it adheres to underwriting policy and procedures established by Department before final proposal is given to Loan Officer.
• Perform underwriting of loan presentations including analysis of commercial real estate loan requests and /or modification of existing loans within the commercial loan portfolio.
• Work with Loan Officers and underwriters to obtain appropriate supporting information to identify credit worthiness of customer and ensure cash flow of property supports the loan request.
• Review all presentations for accuracy and consistency prior to submitting to loan officers/management for review.
• Prepare various management reports.
• Keep up to date on commercial real estate markets and Bank and Department policy and procedures.  Including regulatory compliance with regard to Bank and real estate underwriting policies and procedures including proper documentation as to these policies and procedures.
• Supervise, provide support and training as well as prioritize and schedule work assignments for the commercial real estate underwriting staff.
• Prepares commercial real estate underwriting staffs’ annual reviews.
• Oversee the commercial real estate underwriting staffs’ workload, including monitoring work hours, vacation and personal days taken, to ensure timely turnaround time on loan presentations.
• Recommend growth enhancements such as internal or external training.
• Coaches commercial real estate underwriting staff, monitors their actions, and holds them accountable.
• Work with Management, Support Staff, and other Bank Departments and Real Estate Professionals, as needed.