Sr. Commercial Underwriter

Sr. Commercial Underwriter The Commercial Underwriter Senior underwrites commercial real estate financing requests, including financial analysis on the collateral and related parties, reviews market conditions, and identifies the relevant risks that are appropriately mitigated relative to the organization's credit risk appetite in a recommended loan structure. This job is also responsible for constructing a credit memorandum which documents the analysis of credit data, identifies key risks and mitigating factors and makes credit recommendations which are aligned with the organization's risk appetite. Key Responsibilities and Duties Evaluates commercial real estate financing requests, reviews market conditions, and identifies the relevant risks that are appropriately mitigated relative to the organization’s credit risk appetite in a recommended loan structure. Constructs a credit memorandum that documents: the analysis of credit data and other borrower information; compliance with credit policies; comments on the alignment with the organization’s risk appetite; identification of key risks and mitigating factors; discussion and defense of the risk rating. Interacts with multiple internal and external parties associated with each loan, including legal and closing personnel to ensure the loan documentation correctly reflects approval terms and protects the organization and is accurately booked and funded. Performs multiple tasks for separate transactions accurately in a time critical environment. Gathers information as necessary to make sound decisions, which may include studying past insurance coverage and claims, finances, management, assets, and debts. Monitors the collection of payment from applicants or confirmed banks which issue Letters of Credit. Educational Requirements University (Degree) Preferred Work Experience 3 Years Required; 5 Years Preferred Physical Requirements Physical Requirements: Sedentary Work Career Level 7IC Experience underwriting C&I loans is strongly preferred. Posting end date: 11/23/24 Job Seeker Notice EverBank, N.A. ("EverBank") is a nationwide specialty bank providing high-value products and services to consumer and commercial clients nationwide. As a pioneer in online banking, we offer convenient digital access for clients 24/7, in addition to phone banking services and a network of financial centers. EverBank's commitment is to deliver to our clients high-performing, high-yield solutions backed by exceptional service, always giving them the advantage they expect, to make the most of their money. VEVRAA Federal Contractor Member FDIC Notice to Job Seekers (https://everbank.com/about/careers/notice-to-job-seekers) Pay Range $112,700 - $152,400 EverBank, N.A. is an equal opportunity (EEO) employer, dedicated to maintaining a work environment free of bias, harassment, discrimination and retaliation. As an EEO employer, EverBank expressly prohibits discrimination, harassment and retaliation based on protected characteristics such as race, creed, ethnicity, color, age, religion, sex, sex stereotype, pregnancy, sexual orientation, gender, gender identity, gender expression, transgender status, marital status, national origin, ancestry, physical or mental disability, genetic history and information, or military or veteran status. Providing a safe, inclusive environment is a priority at EverBank and, consistent with that mission, EverBank considers all qualified applicants for employment regardless of protected status. We will not discharge or in any other manner discriminate against associates or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another associate or applicant. However, associates who have access to the compensation information of other associates or applicants as a part of their essential job functions cannot disclose the pay of other associates or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by us, or (c) consistent with our legal duty to furnish information.