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Commercial Loan Underwriter II AVP
| Details |
Country: USA
Location: CT New Britain
Total applied: 20
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Commercial Loan Underwriter II AVP
Backed by our dedication to helping individuals, families, and businesses achieve their financial goals, Webster has grown steadily to become a diversified financial services company with over $17 billion in assets.
It's not just what we do, it's how we do it. Working at Webster means taking personal responsibility for meeting our customers' financial needs. It means respecting the dignity of every individual. At Webster, we earn people's confidence through ethical behavior. We give of ourselves in the communities we serve. We strive for excellence in everything we do.
With uncompromising commitment to these principles, we add value for our customers, shareholders, employees, and the communities we serve.
Responsible for credit analysis and underwriting of new commercial loan requests to customers with total loan exposure greater than $500,000.
' Preparation of detailed loan write-ups and commitment letters.
' Make recommendations to approve or decline loans submitted for review. Consult with Underwriting Manager and business development personnel to offer suggestions on proper loan structuring.
' Provide an initial response to the submitting business banker within a set time period of receipt of a completed package.
' Review of real estate & equipment appraisals and environmental site assessment reports.
' Spreading of financial statements and projections.
' Work closely with management, business development officers and branch personnel to support their efforts to meet lending goals and objectives.
' Assist in training and development of underwriting staff.
' Other projects as assigned.
BS required - a major in Business, Finance, Economics or Accounting preferred. Minimum of 5 years credit analysis experience. Must possess strong credit and organizational skills, meet deadlines, and good written and oral communication skills. Strong PC skills including Windows, Word and Excel. Some actual commercial lending experience and knowledge of SBA programs preferred.
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