Commercial Underwriter Team Lead

This position leads underwriting efforts by servicing commercial portfolios at the highest level of ability and complexity. Supports the commercial lending team with expertise in structuring, analysis, and credit documentation for commercial credit actions. Establishes viability of repayment sources and prepares credit approval memos. Identifies, gathers, and reviews financial information to determine credit grades and appropriate loan structuring. Assesses and communicates risks to assist department risk mitigation strategies. Provides service and support for both associates and customers, assisting in customer calls and may assist in identifying cross-sales opportunities. Assists the manager as needed. May assist with preflight qualification and the structuring and servicing of commercial credit requests, management of Underwriter workflow prioritization and assignments, monitoring Underwriter work for timely completion and quality, and assisting Underwriters with questions and providing training, development, mentoring, or coaching as needed.

Underwriting - Leads the underwriting of commercial credit actions according to applicable regulations, procedures, and guidelines. Interacts directly with customers to gather information throughout the approval process and to determine the viability of repayment. Reviews financial statements, communicates with customers or prospects, and performs analysis to recommend credit grades, covenants, and appropriate loan structuring. Ensures all involved parties are updated on underwriting progress and outcome. Provides leadership in daily activities through underwriting production and credit analysis expertise.

Risk Management - Identifies risks through reviews, analysis, and research of new and existing commercial loans. Works closely with Bank associates and partners to resolve risk issues, communicating review schedule and potential changes in the commercial portfolio. Assists in coordinating review and renewal schedules for existing credits, facilitating ongoing risk identification and management. May assist in the development of strategies to manage risk within the credit portfolio.

Analysis - Sources, compiles, and interprets financial data to support structuring and approval of loans. Reviews industry information and comparisons, key risks and mitigants, and collaterals to form a general business overview of the borrower. Utilizes results of analysis to underwrite complex commercial loans.

Business Support - May assist in identifying cross-sales opportunities for new and existing relationships based on analysis activities. Identifies servicing information and prepares credit analysis documentation. Partners with associates and customers to determine needs and structuring of new requests, participating in customer and prospect calls as needed. Assists management with peer development and training.

Team Leadership - Assists the manager with management of the team's activities, monitoring and support of team performance and efficiency, development of team associates, and achievement of team goals.

Bachelor's Degree and 7 years of experience in Commercial Credit Analysis, Lending, or Underwriting, Financial Statement Spreading, Preparation of Projections, and Trailing Twelve Month Analysis

-OR-

High School Diploma or GED and 11 years of experience in Commercial Credit Analysis, Lending, or Underwriting, Financial Statement Spreading, Preparation of Projections, and Trailing Twelve Month Analysis

Additional Requirements:

Advanced verbal, written, and interpersonal communication skills

Advanced commercial credit underwriting experience, inclusive of complex credit structures

Proven leadership and partnership capabilities

Preferred Qualifications:
Portfolio management experience

Vendor credit risk experience

Experience reviewing external commercial bureau reports

Benefits are an integral part of total rewards and First Citizens Bank is committed to providing a competitive, thoughtfully designed and quality benefits program to meet the needs of our associates. More information can be found at https://jobs.firstcitizens.com/benefits.