Senior Business Underwriter - Remote

GENERAL SUMMARY:

The primary role of a Sr. Underwriter within the business lending group is to take ownership of the portfolio and to utilize excellent credit skills to work independently on the portfolio of member relationships. The incumbent will help develop policies and procedures, ensure prudent underwriting practices are consistently applied and appropriately assess, monitor and manage the risk in the department's portfolio. The position will also prepare/evaluate new credit opportunities, diligently manage the portfolio (i.e. annual reviews, modifications, covenant compliance, credit metrics), and meet member expectations and deadlines. The Underwriter will be a partner to the Relationship Managers and senior management in the market, balancing sales and credit quality results while adhering to Federal & State regulations, Credit Union policies and procedures. This position is integral to the soundness of the Business Banking Department.

Salary range is $62,707.71-$82,303.87. Job Grade, EX 13. Final salary is dependent on candidate's experience and qualifications.

Remote work is not available for candidates residing, or planning to reside in: CA, CO, CT, DE, DC, HI, ME, MA, MD, MN, NJ, NY, OR, PA, PR, RI, WA.

QUALIFICATIONS:

Minimum Education & Experience Requirements:

* Bachelor's Degree in Business, Accounting, Finance or related field or equivalent experience

* 3 years of commercial real estate underwriting experience

Additional Preferred Education & Experience:

* Formal credit training experience is preferred

Minimum Knowledge & Skill Requirements:

* Must display professionalism and possess excellent (verbal and written) business communication skills

* Requires strong active listening, problem solving and a high-level of independent decision making skills

* Must have the ability to work independently and be proficient in Microsoft Office (Word, Excel, and Outlook)

* Advanced knowledge of commercial credit policies and regulations, loan documentation, bankruptcy and related legal and compliance issues is necessary

* Familiarity with SBA underwriting and documentation requirements is a plus.

* Ability to communicate with upper management and external regulators

COMPETENCIES:

* Business Acumen

* Decision Quality

* Command Skills

* Drive for Results

* Time Management

WORKING CONDITIONS/ENVIRONMENT:

This job requires they stand or sit for the majority of time and be able to lift up to 10 lbs.

OTHER REQUIREMENTS:

Must comply with all aspects of the Bank Secrecy Act and SAFE Act.

MAJOR ACCOUNTABILITIES AND TASKS:

1. Assists, directs and counsels Relationship Managers in qualifying loans, determining borrower's needs, determining appropriate commercial loan product, and obtaining requisite financial data.

2. Structures transactions by being open minded and creative while balancing the risk/reward rather than concluding immediately that the deal cannot be done. Additionally, you will provide direction and ideas/suggestions on how to market our structure to the member.

3. Utilizes excellent credit underwriter skills to author well thought out and concise financial and repayment analysis with a focus on cash flow, liquidity, and leverage analysis of relationships using appropriate structure and identifying key risks.

4. Works proactively, in a constructive, diplomatic manner, with both internal and external contacts to keep transactions moving. Strives to minimize turnaround-time while thoroughly documenting credit requests.

5. Provides leadership in the market by being a positive contributor to the team and embracing change.

6. Manages and monitors the credit risk profile in the commercial portfolio.

7. Demonstrates excellent communication skills both internally and externally between Members, Relationship Managers, Loan Administration, Loan Documentation & Funding Control and other departments involved in the loan process.

8. States opinion in a clear, concise manner and able to defend positions with Senior Management.

9. Works with Enterprise Risk Management to review or address loan file quality, audit exceptions and assist or head up meeting with State of Arizona and NCUA Federal examiners.

10. Mentor junior underwriters as needed to support the underwriting team and Business Banking Department.

11. Performs other duties as assigned.

About Us:

At Vantage West, we pride ourselves on fostering a vibrant learning environment where curiosity and growth are at the heart of everything we do. Together, we are not just building a successful company; we are cultivating a community where everyone can thrive.

Benefits And Perks:

* Health Coverage - We offer medical, dental and vision coverage for you and your dependents. Other benefits include: life insurance, flexible spending accounts, pet insurance, Team Member Assistance Program (EAP), and Corporate Care Solutions (Backup Child and Adult Care Services).

* Paid Time Off and Holidays - Work-life balance is a focus with generous paid time off, with additional time given for sick days, paid holidays, and 16 hours of paid time to participate in our community volunteer program. We also offer enhanced paid military leave and paid maternity/paternity leave.

* Retirement Savings - Generous 401k Plan.

* Development Activities - We focus on continuous growth by encouraging Job Shadowing and Personal Development Plans, which leads to a 40+% annual internal promotion rate.

* Tuition Reimbursement - We have partnered with the University of Arizona Global Campus to offer eligible full-time employees 100% tuition coverage towards an online Bachelor's or Master's Degree.

Equal Opportunity Employer Veterans Disabled