Job Type Full-timeDescription **We are hiring an Underwriter 2 that can either work at our Numerica Administrative Offices in Spokane Valley or our business office in Tri Cities.** Underwriter 2 Department: Credit AdministrationExempt Pay Range: $85,472.00 - $128,176.00Reports To: Underwriting ManagerWith the goal of enhancing lives, fulfilling dreams and building communities, this position performs financial and credit analysis for loan requests under Business Services to ensure accuracy, consistency, compliance, while maintaining the credit quality of the Business Services loan portfolio.ESSENTIAL DUTIES AND RESPONSIBILITIES include the following. Other duties may be assigned.To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
- Maintains a thorough understanding of NCUA and DFI regulations as they apply to commercial and business lending.
- Evaluates new and subsequent loan requests, analyzes financial information, and drafts credit presentations ensuring all information is true and accurate. Ensures the protection of the credit union's interests in the exercise of sound credit decisions.
- Drafts complete loan reviews and assures loans are risk rated appropriately. Recommends changes in risk ratings as warranted. Calculates estimated commercial real estate values utilizing Net Operating Income. Determines and applies reasonable capitalization rates depending on property type and location.
- Assists in managing covenant compliance and loan exceptions. Utilizes financial analysis software with the ability to independently spread and analyze complex financial statements, demonstrating the ability to understand key financial ratios and trends. Reviews financial analyses from other Credit Analysts when necessary and assures accuracy of information in conformance with NCU policy.
- Reviews appraisal reports and reconciles them to the loan approval, orders and approves appraisal reviews.
- Assures compliance of all business services policies, applicable laws, and regulatory guidelines and recommends development of any necessary changes in procedures to assure compliance.
- Maintains knowledge and adheres to all BSA regulations and compliance standards on internal and external policies.
- Effectively incorporates concepts of CARES Principles in daily behaviors and interactions:
- Connect - Create a welcoming, energized, and warm environment
- Ask - Discover and confirm others' needs to ensure they feel understood and known
- Resolve - Take personal and full responsibility for meeting others' needs
- Elevate - Commit to long-term personal and organizational growth and improvement
- Strengthen - Invest in our Numerica community and beyond.
SUPERVISORY RESPONSIBILITIES:This position has no formal, direct supervisory responsibilities although will work with leaders and peers in the organization to drive results.PERFORMANCE STANDARDS:Contributes to the organization's mission statement and goals by providing the highest quality of service, treating each person professionally - with warmth, courtesy, and respect, and making a personal effort to make members feel they belong and are important to the credit union.EDUCATION and/or EXPERIENCE:A Bachelor's degree in Business or a related field, plus 5 years of experience in commercial lending and credit analysis. Additional training in financial analysis is preferred. Must have strong credit, technical business writing, and communication skills. Working knowledge of the SBA SOP is preferred.CERTIFICATES, LICENSES, REGISTRATIONS:None RequiredSKILLS and ABILITIES:Ability to read, analyze, and interpret general business periodicals, professional journals, technical procedures, or governmental regulations. Ability to write reports, business correspondence, and procedure manuals. Ability to effectively present information and respond to questions from groups of managers or members.A significant level of trust and diplomacy is required, in addition to normal courtesy and tact. Work involves extensive personal contact with others and is usually of a personal or sensitive nature. Work may involve motivating, influencing or training others. Outside contacts become important and fostering sound relationships with others becomes necessary and often requires the ability to influence and/or sell ideas or services to others.Ability to operate standard office equipment such as photocopier, fax machine, word processor, personal computer and such other equipment normally found in a credit department of financial institutions. Ability to lift up to 25 lbs.Disclaimer: The job description does not imply an employment contract, nor is it intended to include every duty, task or instruction for which the employee is responsible. Other tasks may be assigned, based on business need and at Management's request. RequirementsNumerica Credit Union Benefits and Perks - Learn more about our Benefits and Perks here- Numerica Credit Union is an Equal Opportunity/Affirmative Action EmployerNumerica Credit Union provides equal employment opportunities to all employees and applicants for employment and prohibits discrimination and harassment of any type without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state or local laws. If you are a qualified individual with a disability or a disabled veteran, you have the right to request a reasonable accommodation for purposes of participating in the application/hiring process with Numerica Credit Union. If you are unable or limited in your ability to use or access Numerica Credit Union's career page at www.numericacu.com as a result of your disability, you can request reasonable accommodations by contacting your recruiter.Salary Description $85,472 - $127,176 annually