[Hiring] Commercial Underwriter III @First Financial Bank
Role Description
The Commercial Underwriter III is responsible for evaluating and underwriting complex commercial relationships. This role involves:
- Assessing risk and conducting financial statement analysis.
- Making strategic decisions and ensuring compliance with company policies and industry regulations.
- Utilizing advanced knowledge of underwriting principles and strong decision-making skills.
Essential Functions/Responsibilities:
- Perform financial analysis and risk assessment for the commercial credit portfolio for Specialty Credit including Bannockburn, Asset Based Lending, Structured Finance Lending, ESOP Lending, and Large Corporate Lending.
- Review and analyze commercial loan requests to assess the client’s creditworthiness and structure proposed loan requests in accordance with the Bank’s lending policy.
- Provide feedback to the line of business and respective Bank credit officers regarding structure, underwriting, and risk assessment.
- Maintain ongoing communication with all parties on the status of request transactions.
- Spread financial statements utilizing Bank spreading tools for new clients and existing client annual reviews.
- Prepare Credit Memos for new, renewal, and modification requests and client annual reviews for the existing portfolio.
- Attend loan committees when a credit approval request is being presented.
- Work directly with Relationship Managers, Business Unit Managers, and Portfolio Managers in respective business lines.
- Lead in the preparation of periodic portfolio reports assessing ongoing risk via management of the pipeline report.
- Support the client annual review process by managing the ongoing existing client annual review pipeline.
- Assist with special projects as needed.
Qualifications
- Bachelor’s Degree, preferably in Accounting, Finance, Economics, or Business Administration.
- Up to five (5) years of credit underwriting experience.
- Proficiency in mathematical concepts applicable to practical situations.
- Knowledge of advanced accounting principles and techniques, including the ability to spread financial statements.
- Strong interpersonal and communication skills.
Requirements
- Handles complex and high-risk accounts requiring a deep understanding of intricate business operations and industry-specific risks.
- Operates with a high degree of independence, making strategic and complex underwriting decisions with minimal oversight.
- Position located in Cincinnati, OH office; however, this position could be remote in another FFB office location depending on internal experience.
- Provides guidance and training to junior underwriters, helping to develop their skills and knowledge.
- Prolonged periods of deskwork and frequent use of computer, keyboard, phone, and office equipment.
- Occasionally moving within the office or to other locations within the building and lifting light objects (typically up to 10-15 pounds).
- Clear and effective communication in person and over the phone.
- Ability to move within an office environment.
Benefits
- Relevant, thoughtful benefits and programs that support every aspect of our associates' holistic wellbeing.
- All roles are incentive eligible with the exception of Co-Op, Intern, or Student positions.
