Job Descriptions:$1,000 Signing Bonus Offered The Commercial Loan Underwriter reports directly to the Credit Department Manager. The role involves thorough assessment of financial statements, credit reports, and collateral to ensure the loan’s security and the bank’s profitability. The underwriter works closely with the loan officers, and loan processors to ensure compliance with lending policies and regulations.Required Experience:Skills and Abilities:Credit Analysis: Analyze financial statements (income statements, balance sheets, cash flow) tax returns, and business plans to assess borrower’s creditworthiness.Risk Assessment: Evaluate collateral and conduct industry risk analysis to mitigate potential losses.Loan Structuring: At times assist in structuring loan terms and conditions based on the risk profile of the applicant and recommend appropriate loan products.Compliance: Ensure loan applications meet the bank’s lending policies, regulatory guidelines, and risk management procedures.Financial Projections: Assess future financial performance, assumptions, and cash flow forecast to determine repayment ability.?Reporting: Prepare detailed well written credit approval documents (CAD) and risk assessment for senior loan committee members and or board members. Periodically attend loan committees.Credit Approvals: Make recommendations for loan approval or rejection.Collaboration: Work closely with loan officers, credit analysts, and if necessary, with legal to ensure smooth processing and risk management.Documentation Review: Ensure all necessary documentation is in place and accurate for loan closing and funding. Experience:2 - 5 years previous Credit Analyst or loan underwriting experience. Education:Bachelor’s Degree in related field or equivalent work experience. Keyword: BankingFrom: First Utah bank