Although this position is primarily onsite at one of our Truliant locations, this position has a flexible work arrangement that gives you the opportunity to work remotely occasionally, or according to an established schedule determined by your manager.

Purpose of the Job

The Business Services Commercial Underwriter II is responsible for fulfilling the credit administration function for the Business Services department, including approving and underwriting business loan requests. The Underwriter II is a senior member of the team and is responsible for working with the Business Service Officer(s) to screen new deals, develop solutions, underwrite credit packages, and complete annual reviews. Underwrites transactions with a high degree of complexity (generally carry total bank commitments “TCE” up to the relationship lending limit of the Credit Union).

Essential Functions and Responsibilities

Other Duties and Responsibilities

Knowledge, Skills, and Abilities

• Must have excellent knowledge of various loan types to include real estate loans (both investor and owner occupied), construction to permanent, commercial and industrial loans as well as secured/unsecured and recourse/non-recourse lending.
• Must be familiar with the risks inherent in analyzing loans to various industry types to include, retail, hospitality, food service, medical, non-profits, business services etc.
• Must be proficient at analyzing complex requests involving cash flows from multiple entities to include a global cash flow analysis which incorporates guarantor cash flows from single and or multiple guarantors both individual and corporate.
• Must have sound understanding of accounting procedures and concepts, with ability to generate and analyze research data including a working knowledge of appropriate financial analysis techniques.
• Must have excellent communication skills in English, both verbal and written.
• Must have strong presentation skills.
• Must have understanding of determining loan to values and basic EDR requirements.
• Must have the ability to work with people at different job levels ranging from Senior Managers to front line employees.
• Must have strong computer skills, including intermediate knowledge of MS Excel and Word.
• Must have ability to understand all business processes within the credit union.
• Must be detail oriented, with excellent time management and organizational skills.
• Must be able to work in a general office environment.
• Must be flexible and able to shift resources and priorities as required.
• Must be able to complete all assignments with minimal supervision.
• Should possess a strong commitment to providing excellent service to Truliant’s members

Physical Requirements

• Occasional standing, walking, bending, and stooping required
• Must be able to sit at a desk for long periods of time and use a computer
• Must be able to moderately lift or move up to 5 pounds and occasionally lift or move up to 10 pounds

Education and Background

• Bachelor’s degree in Business, Finance, or related field required.
• Minimum of 5 years’ experience in analyzing business financial statements, granting and structuring business loan requests, and generating business loan documentation required.
• Minimum of 5 years’ financial analysis experience with both business and personal tax returns preferred; includes analyzing financial statements for C Corps, S Corps, LLC, Partnerships, Trusts, and other legal structures.
• Experience with credit spreading software such as Moody’s Baker Hill, etc. preferred.
• Experience with CoStar, Hoovers, or similar market research platforms preferred.
• Previous experience in financial services/business development related field preferred.