Commercial Underwriter (C&I) - 1st Century Bank

1st Century Bank, a division of MidFirst Bank, is a full service bank with a vision of unparalleled client service. The Bank's core principles are flexibility, responsiveness, and the ability to create tailored solutions, coupled with its commitment to provide exceptional client service. Our bankers work in a team effort to develop a deep understanding of their clients, and work with and on their behalf to develop solutions tailored to meet their needs. Nothing is overlooked. Everything is considered.

The key areas of responsibility include assisting and participating in the underwriting of all types of commercial and consumer loans in accordance with the Bank's credit policies and procedures, and in compliance with the requirements set forth by the government regulatory agencies. An Underwriter shall prepare accurate, objective, and cogent credit write-ups based upon in-depth analysis of financial data within established time frames.

• Provide commercial loan (C&I) underwriting support for more complex transactions/companies as necessary for the respective credit.
• Perform comprehensive analysis of new and renewed commercial loan applications and accompanying financial documents to determine the potential borrower's credit worthiness.
• Assist Relationship Managers in determining level of interest for new credit opportunities and in structuring new credits to be submitted for approval.
• Prepare the comprehensive Credit Memo on loan transactions, to be submitted for approval. Complete with appropriate supporting information including loan structure/pricing analysis, borrower history/experience assessment, historical and projected financial statements spreadsheets, tax return analysis, credit report review, collateral evaluation, and repayment/risk analysis.
• Prepare Loan Agreement Compliance Report (LACR), Annual Review Report (ARR) and Monitored Loan Report (MLR) as necessary for existing credits, and interact with RMs to advise on trends or deficiencies in the borrower's/guarantor's financial condition.
• Provide in-depth analysis of historical financial statements, cash flow and debt service requirements and business plans/projections.
• C&I / CRE experience and CFP certification is a plus.

Position Requirements:

• Bachelor's degree is required, preferably in a business related field;
• Minimum of 3-5 years commercial underwriting experience, preferably with C&I banking transactions;
• Must have knowledge of financial and tax accounting, general underwriting, and analytical skills as wells as knowledge of credit risk principles;
• Strong oral and written communication skills are required

Salary Range: $80,000.00 - $110,000.00.