Mountain America Credit Union
Underwriter - Commercial Real Estate
Mountain America Credit Union, Sandy, Utah, United States, 84092
Please reference the schedule and minimum qualifications listed below before applying.
If you need assistance with filling out our application form or during any phase of the application, interview, or employment process, please notify our Human Resources Team at 801-366-6947 option 1 or email macurecruiting@macu.com and every reasonable effort will be made to accommodate your needs in a timely manner.
Job SummaryUnderwrites and provides recommendations on moderately complex commercial loan requests in accordance with MACU and NCUA rules and regulations; participates in team administration functions and all aspects of the CRE lending cycle.
Job Description
LOCATION
Mountain America Center - In Office:
9800 S Monroe StSandy, UT 84070
SCHEDULE
Full Time
To be effective, an individual must be able to perform each job duty successfully.Underwrites moderately complex commercial loans, including construction loans and loans with global cash flow considerations; prepares credit presentations, documenting credit analyses and recommendation for credit decision to approving authority.Prepares timely, concise and accurate credit recommendations with supervision. Includes: (1) quantitative components within the underwriting narrative; (2) accurate use of risk rating scoring matrix, both quantitative and qualitative rating elements, to ensure loans are properly risk-rated; and (3) accurate identification and mitigation of risk, including all policy exceptions, procedures and compliance regulations.Has an advanced understanding of underwriting processes per MACU standards.Understands and demonstrates an advanced level of written communication relating to credit presentations, addendums and other related forms of written communication.Analyzes repayment ability including business and personal cash flow.As applicable, performs financial ratio analysis comparative to industry standards.Performs financial stress testing analysis.Reviews and interprets personal and, as applicable, business credit reports.Prepares commitment letters.Reviews professional commercial real estate appraisals and associated third party reviews.Reviews professional environmental reports and assesses environmental risk.Performs internal real estate evaluations.Analyzes commercial leases and rent rollsAssists with satisfying loan closing requirements.May assist peers and provide feedback on credit drafts.Ensures regular communication through the origination process with loan officers, management and team members.Supports team members to ensure excellent member service both internally and externally.Manages three to five loan requests at a given time.Works together with team members to accomplish monthly, quarterly and annual goals.Maintains working knowledge of MACU policies and procedures, adhering to industry lending regulations.Performs other duties as assigned.KNOWLEDGE, SKILLS, and ABILITIES
The requirements listed are representative of the knowledge, skills, and/or abilities required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential job functions.
Experience
Minimum two years of underwriting experience and two years of commercial lending experience. Underwriting and commercial lending experience may run concurrently.
Education
Bachelor's degree from an accredited institution in business, finance, economics or related field. Education will be verified. Five years in a progressive financial setting may be substituted for a relevant degree.
Licenses, Certifications, Registrations
N/A
Managerial Responsibility
Has no supervisory/managerial responsibilities.
Computer/Office Equipment Skills
Experience with financial reporting or tax analysis softwareIntermediate skills with Microsoft Office Suite including Outlook, Word and Excel.Language Skills
Demonstrated ability to clearly express ideas, methodology, results and recommendations verbally, in writing and through insightful reports and graphic illustrations.Demonstrated ability to present information in a manner appropriate for key stakeholders and all levels of the organization.Strong writing and grammatical skills relating to preparing credit memos, addendums, memorandums, and all forms of written communication.Other Skills and Abilities
Unquestioned personal and professional integrity.Ability to work both autonomously and collaboratively in a fast-paced environment.Self-starter with strong organizing and time management skills and the ability to work productively and efficiently in a fast-paced environment with multiple projects and timelines.Adaptive to change, responds positively to altered circumstances or conditions.Possess a desire and willingness to learn and continually update knowledge base on financial concepts, strategies, systems etc.Take initiative to be a problem solver and provide suggestions to improve processes and efficiencies.Data analytics and data validation skills and proficiency in business data analysis (MS Excel, etc.).
PHYSICAL ABILITIES / WORKING CONDITIONS
Physical Demands
Ability to sit, talk and hear consistently
Ability to stand, walk, and use hands to handle or reach occasionally
Vision Requirements
Close vision (clear vision at 20 inches or less)
Distance vision (clear vision at 20 feet or more)
Weight Lifted or Force Exerted
Ability to lift up to 10 pounds occasionally
Environmental
There are no unusual environmental factors (such as a typical office)
Noise Environment
Moderate noise (business office with computers and printers, light traffic)
#LI-FW1
Mountain America Credit Union is an EEO/AA/ADA/Veterans employer.
If you need assistance with filling out our application form or during any phase of the application, interview, or employment process, please notify our Human Resources Team at 801-366-6947 option 1 or email macurecruiting@macu.com and every reasonable effort will be made to accommodate your needs in a timely manner.
Job SummaryUnderwrites and provides recommendations on moderately complex commercial loan requests in accordance with MACU and NCUA rules and regulations; participates in team administration functions and all aspects of the CRE lending cycle.
Job Description
LOCATION
Mountain America Center - In Office:
9800 S Monroe StSandy, UT 84070
SCHEDULE
Full Time
To be effective, an individual must be able to perform each job duty successfully.Underwrites moderately complex commercial loans, including construction loans and loans with global cash flow considerations; prepares credit presentations, documenting credit analyses and recommendation for credit decision to approving authority.Prepares timely, concise and accurate credit recommendations with supervision. Includes: (1) quantitative components within the underwriting narrative; (2) accurate use of risk rating scoring matrix, both quantitative and qualitative rating elements, to ensure loans are properly risk-rated; and (3) accurate identification and mitigation of risk, including all policy exceptions, procedures and compliance regulations.Has an advanced understanding of underwriting processes per MACU standards.Understands and demonstrates an advanced level of written communication relating to credit presentations, addendums and other related forms of written communication.Analyzes repayment ability including business and personal cash flow.As applicable, performs financial ratio analysis comparative to industry standards.Performs financial stress testing analysis.Reviews and interprets personal and, as applicable, business credit reports.Prepares commitment letters.Reviews professional commercial real estate appraisals and associated third party reviews.Reviews professional environmental reports and assesses environmental risk.Performs internal real estate evaluations.Analyzes commercial leases and rent rollsAssists with satisfying loan closing requirements.May assist peers and provide feedback on credit drafts.Ensures regular communication through the origination process with loan officers, management and team members.Supports team members to ensure excellent member service both internally and externally.Manages three to five loan requests at a given time.Works together with team members to accomplish monthly, quarterly and annual goals.Maintains working knowledge of MACU policies and procedures, adhering to industry lending regulations.Performs other duties as assigned.KNOWLEDGE, SKILLS, and ABILITIES
The requirements listed are representative of the knowledge, skills, and/or abilities required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential job functions.
Experience
Minimum two years of underwriting experience and two years of commercial lending experience. Underwriting and commercial lending experience may run concurrently.
Education
Bachelor's degree from an accredited institution in business, finance, economics or related field. Education will be verified. Five years in a progressive financial setting may be substituted for a relevant degree.
Licenses, Certifications, Registrations
N/A
Managerial Responsibility
Has no supervisory/managerial responsibilities.
Computer/Office Equipment Skills
Experience with financial reporting or tax analysis softwareIntermediate skills with Microsoft Office Suite including Outlook, Word and Excel.Language Skills
Demonstrated ability to clearly express ideas, methodology, results and recommendations verbally, in writing and through insightful reports and graphic illustrations.Demonstrated ability to present information in a manner appropriate for key stakeholders and all levels of the organization.Strong writing and grammatical skills relating to preparing credit memos, addendums, memorandums, and all forms of written communication.Other Skills and Abilities
Unquestioned personal and professional integrity.Ability to work both autonomously and collaboratively in a fast-paced environment.Self-starter with strong organizing and time management skills and the ability to work productively and efficiently in a fast-paced environment with multiple projects and timelines.Adaptive to change, responds positively to altered circumstances or conditions.Possess a desire and willingness to learn and continually update knowledge base on financial concepts, strategies, systems etc.Take initiative to be a problem solver and provide suggestions to improve processes and efficiencies.Data analytics and data validation skills and proficiency in business data analysis (MS Excel, etc.).
PHYSICAL ABILITIES / WORKING CONDITIONS
Physical Demands
Ability to sit, talk and hear consistently
Ability to stand, walk, and use hands to handle or reach occasionally
Vision Requirements
Close vision (clear vision at 20 inches or less)
Distance vision (clear vision at 20 feet or more)
Weight Lifted or Force Exerted
Ability to lift up to 10 pounds occasionally
Environmental
There are no unusual environmental factors (such as a typical office)
Noise Environment
Moderate noise (business office with computers and printers, light traffic)
#LI-FW1
Mountain America Credit Union is an EEO/AA/ADA/Veterans employer.