Senior Commercial Credit Underwriter

Overview

At Community Financial System, Inc. (CFSI), we are dedicated to providing our customers with friendly, personalized, high-quality financial services and products. Our retail division, Community Bank, N.A., operates more than 200 customer facilities across Upstate New York, Northeastern Pennsylvania, Vermont and Western Massachusetts. Beyond retail banking, we also offer commercial banking, wealth management, investment management, insurance and risk management, and benefit plan administration.

Just as our employees are committed to helping our customers manage their finances, we're committed to our employees. After all, they make it happen for our customers every day. To ensure our people can enjoy long and successful careers here at CFSI, we offer competitive compensation, great benefits, and professional development and advancement opportunities. As an equal‑opportunity workplace and affirmative‑action employer, we celebrate and support a diverse workplace for the benefit of all: our employees, customers and communities.

• Facilitate Credit Needs:
  Underwrite new requests and material modifications from deal screen through approval, ensuring a smooth transition of new customers/loans to the monitoring team for ongoing credit monitoring.
• Review Financial Information:
  Examine all relevant credit and financial data, including financial statements, tax returns, due diligence reports, credit bureaus, appraisals, internal credit information, industry research, and peer data. Determine the need for further investigation or additional information and coordinate its collection.
• Analyze Financial Data:
  Conduct thorough credit analyses for the Bank's commercial transactions, including independent credit quality assessments with well‑supported risk ratings. Identify credit risks, mitigants, industry concerns, market trends, financial trends, and other pertinent credit issues. Based on underwriting parameters, recommend the risk rating.
• Collaborate with Teams:
  Work closely with relationship managers and portfolio managers throughout the deal process, from deal screen through approval.
• Prepare financial models:
  Spread financial statements, prepare cash flow and collateral schedules, covenant sensitivity calculations, and guarantor statement analysis as appropriate.
• Attend client/prospect calls with RMs to gain a thorough understanding of the client/prospect and their business to effectively analyze and underwrite the proposed transaction.
• Assist in loan request structuring:
  Provide suggestions on terms, conditions, controls, collateral, and guarantors where appropriate.
• Regulatory Compliance:
  Demonstrate a deep understanding of the financial regulatory environment as it applies to underwriting various commercial credit transactions. Verify adherence to the Commercial Credit Policy and evaluate any risks associated with non‑compliance.
• Present analysis:
  Address questions during credit request discussions or committee presentations.
• Adhere to Compliance Standards:
  Follow applicable compliance and operational risk controls in accordance with company or regulatory standards and policies.
• Complete other related duties as assigned.
• Ancillary Duties:
  Provide assistance wherever necessary to help the department and the bank achieve their annual goals. Train newly hired or junior underwriting staff and assist in annual credit reviews as needed. Assist in the presentation of transactions to the credit committee in support of approval.

Education, Training and Requirements:

• Bachelor's Degree in a business field of study (finance, economics, accounting, management); advanced credit analysis and loan structuring training required. MBA and/or CPA a plus.
• All applicants must be 18 years of age or older.

Skills:

• Highly proficient financial analysis skills, including financial modeling and understanding of financial data for commercial loan transactions.
• Ability to work well with a team, adjust quickly to various work situations, and remain composed under pressure.
• Ability to work independently on multiple long‑term transactions simultaneously, while prioritizing assignments to meet deadlines.
• Excellent…