Senior Portfolio Underwriter

Senior Portfolio Underwriter

Requisition Number: 5134
Job Title: Senior Portfolio Underwriter

Area of Interest: Commercial

City: Buffalo

State: New York

Requirements:
Required Skills/Competencies:
* Ability to provide in-depth analysis of the overall financial strength and weaknesses of each borrower through review of current and historical financial information and Baker-Hill reports
* Ability to exercise independent judgment within acceptable guidelines and refer exceptions to policy or procedures to supervisor
* Analyze collateral as a secondary repayment source to assess the secured position of the Bank
* Seek internal and/or external guidance on significant, complex, or unusual credit issues when necessary
* Interpersonal skills to develop professional relationships with senior management, co-workers, prospects, clients, auditors and intermediaries.
* Strong organizational skills and excellent time management to manage more than one presentation simultaneously with other activities and prioritize accordingly.
Required Experience:
* Bachelor’s degree in Business, Finance or Accounting
* Minimum of 10 years prior experience in C&I credit analysis in a banking environment.
* Thorough understanding of CRA, HMDA, ECOA, and other credit related banking regulations
Physical Requirements:
* Normal office environment with little exposure to dust, noise, temperature, etc.
* Extended viewing of CRT screen
* Moderate lifting up to 25 pounds
* Must be able to sit for long periods of timeJob Success Factors:

* Turnaround time of completed analysis shall complement the sales and production process
* To state in an unbiased fashion an accurate interpretation of financial assessment of the customer
* Shall serve as a resource concerning accrual accounting, concepts and industry trends
* Shall seek internal and/or external guidance on significant, complex, or unusual credit issues when necessaryMust adhere to pertinent laws, regulations, First Niagara’s Compliance Policy and external compliance requirements
Job Description:
Purpose of the position:

Responsible for performing the credit analysis function for larger, more complex deals relating to the team’s/division’s customer base to provide an independent evaluation to determine credit quality and appropriate structure. Interact with client base as appropriate.


Reporting To: Regional Credit Manager or Senior Credit manager

Challenges:

* Ability to deliver in-depth accurate analysis in a sales culture
* Ability to identify the critical issues relating to a wide variety of business types and industries
* Help drive loan production and in meeting the internal and external customer expectations through timely completion of analysis
* Ability to act independently with less direction from their manager while interacting with the RM’s on deal structure, deal discussions and client interaction.
Responsibilities:
*
Shall provide commercial loan (C&I) and commercial real estate (including construction loans) underwriting support for more complex transactions/companies as necessary for the respective credit centers
* Shall prepare accurate, objective, and cogent credit write-ups based upon in-depth analysis of financial data within established time frames
* Shall complete timely annual reviews identifying and explaining all relevant financial issues
* Analyze personal financial information including personal tax returns and 3rdparty credit reports to assess guarantor support
* Meet with RM’s to gain a clear understanding of customer’s loan request, ensure accuracy and timely responses to meet customer expectations
* Maintain credit files in an orderly fashion in accordance with bank and regulatory guidelines
* Make joint calls with the RM to assist in assessing capabilities of management, review of collateral support and facilities
* Provide in-depth analysis of historical financial statements, cash flow and debt service requirements and business plans/projections.
* Maybe responsible (at the direction of the Regional or Senior Credit Manager) for managing credit center staff and department work flow. Includes mentoring of department staff as needed.