Commercial Underwriter

Commercial Underwriter

The Commercial Underwriter within Credit Administration possesses a thorough knowledge of all types of commercial credit transactions and complexity levels. Participate in special assignments and projects as appropriate.

• Preparing credit approval offerings for all types of transactions, primarily focused on commercial real estate transactions. Credit approval documents will include but not be limited to new and renewed loan offerings and modifications. May include various pre- and post-approval activities as necessary.
• Comprehensive knowledge of underwriting activities, practices, tools and considerations, and the ability to manage the underwriting process. Expect to serve as a resource on credit structuring, economic and industry research and analysis.
• Working independently with little oversight.
• Using independent judgement to identify and mitigate risks, prepare offerings and risk ratings by analyzing credit, collateral and financial worthiness of borrowers, guarantors and credit structure. Ensuring credit quality and portfolio integrity are given the highest consideration when making credit recommendations.
• Actively participating in the deal team, working closely with relationship managers, senior leaders and credit administration. Direct client interaction, as needed.
• Providing recommendations on credit decisions for Executive Loan Committee supported by objective commentary and analysis. Expect to actively participate in committee presentations and discussion.
• Developing a strong working knowledge of the Bank's internal commercial loan policy, ensuring compliance and any relevant exceptions are identified and mitigated.
• Ongoing portfolio monitoring and servicing with renewals, amendments, modifications and relationship reviews, if applicable. Work with Credit Review team to ensure file inconsistencies and inaccuracies are resolved.

• Bachelor's degree, required, MBA preferred, from four-year college or university
• A minimum of five years' experience and/or training in a financial services environment
• Completion of a formal commercial credit training program (or equivalent work experience in this field)
• Proficient in Microsoft Office Suite
• Works well in a dynamic environment, managing multiple tasks and an, at times, stressful environment
• The ability to execute these job responsibilities independently and autonomously as well as to collaborate with team members is an important aspect of the position.

Be a part of a growing company that is truly committed to its employees and clients. Consider joining the First Bank family. As a member of our family, you are part of one of the largest independent banks in the U.S. We are proud of our growth and success over the past 100 years and look forward to a bright and promising future.

At First Bank one of our biggest strengths is the diversity of our people. Our mission is to capitalize on the diversity of our associates and promote personal and professional development throughout every area of the organization. We encourage diversity by actively seeking employees from various backgrounds, walks of life, and job skills. We strongly encourage you to apply whenever a First Bank job opportunity interests you.

First Bank is a VEVRAA Federal Contractor and an Equal Opportunity/Affirmative Action employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or protected Veteran status.

At First Bank, we embrace a hybrid work environment which allows employees to work at least two full days in the office with more or all in-office days expected of our client facing teams and the groups that support them in the business. First Bank will evolve its hybrid work schedule to include three days a week in the office and this role will eventually be in the office, three full days a week.

The range for this role takes into account many factors that First Bank considers when making hiring decisions, including but not limited to, prior experience, skill set, training, and other internal business and organizational factors. First Bank generally does not hire at or near the top of the range below. The range is driven by the geographic location of our estimated hiring location;

however, the specific range may vary depending on the geographic location for remote positions. Compensation decisions depend on the specific facts and circumstances of each hiring instance. A reasonable estimate of the current pay range: $75,000 - $90,000