Cadence Bank
Underwriting Team Lead
Cadence Bank, Hoover, Alabama, United States,
Description
Title: Underwriting Team Lead
Job Summary:
Purpose of position is to both:
Manage and support the underwriting and due diligence process of assigned transactions in conjunction with an Underwriter and;
Independently perform appropriate due diligence on new business transactions to ensure the credit risk and return profile of the loan portfolio meets or exceeds the business strategy and performance goals of AloStar Business Credit.
Primarily responsible for all aspects of underwriting new business transactions. The position also supports Portfolio Management for underwriting significant acquisitions by Clients, restructuring debt facilities and syndicating Client facilities.
Essential Duties and Responsibilities:
Provide process management, guidance and support to Underwriters
Support Business Development in structuring proposed transactions
Primary liaison with 3rd party due diligence vendors including Field Exam, Collateral Appraisal and Background Investigation firms
Identify the focus, depth and scope of due diligence and gather required information from Client and outside sources
Develop early-stage positive relationship with Client
Fully understand key drivers of Client's business and operating strategy
Perform thorough due diligence and analysis on Client's management team, industry, market, collateralized assets and historical and projected financial profile
Develop independent, supportable conclusions and recommendations derived from due diligence
Prepare written Credit Package with a thorough, clear and concise summary overview of due diligence, analysis, conclusions and recommendations
Conduct oral presentation to Credit Risk Management summarizing conclusions and recommendations of transaction due diligence and Credit Package
Support Portfolio Management during Loan Documentation and Closing
Experience Required:
College degree or equivalent professional experience
15-20 years in portfolio management or underwriting asset based transactions
Underwriting process management
Guidance and support to Underwriters
Concepts of Asset Based Lending
Portfolio Management and
/ or Underwriting
Strong written and oral communication
Financial and cash flow analysis
Independent thinking in a team environment
Organized, able to multi-task and assign priorities
Additional Requirements:
Supervisory Responsibility : This position does require supervisory responsibilities.
Work Environment :
This job operates in a professional office environment.
This role routinely uses standard office equipment such as computers, phones, photocopiers, filing cabinets and fax machines.
Physical Demands :
The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job.
The employee is occasionally required to sit, climb, balance, stoop, kneel, crouch or crawl. The employee must frequently lift and move up to 10 pounds and occasionally lift and move objects up to 25 pounds. Specific vision abilities required by this job include close vision, distance vision, color vision, peripheral vision, depth perception and ability to adjust focus.QualificationsEducation
Bachelors (required)
Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities
The contractor will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees 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 the employer, or (c) consistent with the contractor's legal duty to furnish information. 41 CFR 60-1.35(c)#J-18808-Ljbffr
Title: Underwriting Team Lead
Job Summary:
Purpose of position is to both:
Manage and support the underwriting and due diligence process of assigned transactions in conjunction with an Underwriter and;
Independently perform appropriate due diligence on new business transactions to ensure the credit risk and return profile of the loan portfolio meets or exceeds the business strategy and performance goals of AloStar Business Credit.
Primarily responsible for all aspects of underwriting new business transactions. The position also supports Portfolio Management for underwriting significant acquisitions by Clients, restructuring debt facilities and syndicating Client facilities.
Essential Duties and Responsibilities:
Provide process management, guidance and support to Underwriters
Support Business Development in structuring proposed transactions
Primary liaison with 3rd party due diligence vendors including Field Exam, Collateral Appraisal and Background Investigation firms
Identify the focus, depth and scope of due diligence and gather required information from Client and outside sources
Develop early-stage positive relationship with Client
Fully understand key drivers of Client's business and operating strategy
Perform thorough due diligence and analysis on Client's management team, industry, market, collateralized assets and historical and projected financial profile
Develop independent, supportable conclusions and recommendations derived from due diligence
Prepare written Credit Package with a thorough, clear and concise summary overview of due diligence, analysis, conclusions and recommendations
Conduct oral presentation to Credit Risk Management summarizing conclusions and recommendations of transaction due diligence and Credit Package
Support Portfolio Management during Loan Documentation and Closing
Experience Required:
College degree or equivalent professional experience
15-20 years in portfolio management or underwriting asset based transactions
Underwriting process management
Guidance and support to Underwriters
Concepts of Asset Based Lending
Portfolio Management and
/ or Underwriting
Strong written and oral communication
Financial and cash flow analysis
Independent thinking in a team environment
Organized, able to multi-task and assign priorities
Additional Requirements:
Supervisory Responsibility : This position does require supervisory responsibilities.
Work Environment :
This job operates in a professional office environment.
This role routinely uses standard office equipment such as computers, phones, photocopiers, filing cabinets and fax machines.
Physical Demands :
The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job.
The employee is occasionally required to sit, climb, balance, stoop, kneel, crouch or crawl. The employee must frequently lift and move up to 10 pounds and occasionally lift and move objects up to 25 pounds. Specific vision abilities required by this job include close vision, distance vision, color vision, peripheral vision, depth perception and ability to adjust focus.QualificationsEducation
Bachelors (required)
Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities
The contractor will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees 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 the employer, or (c) consistent with the contractor's legal duty to furnish information. 41 CFR 60-1.35(c)#J-18808-Ljbffr