Sabtu, 05 Mei 2012

Business Loan Underwriting Manager (Midtown)

Business Loan Underwriting Manager (Midtown)

About the Company

We are a successful, rapidly growing commercial lending company headquartered in Manhattan. We make loans to small and medium-size businesses throughout the United States. We are seeking a motivated Credit Underwriting Manager who will have overall responsibility for evaluating the credit worthiness of loan applicants. This position has excellent career growth potential and is a key management position in our company.

About the Job

A hands-on working manager position responsible for leading a team that assesses small business credit risk and evaluates borrowers capacity to repay their loan.

ï‚§ Manage the underwriting team and develop skills of staff members
ï‚§ Review and verify credit documentation including bank statements, credit reports, etc.
ï‚§ Develop the borrower's profile and determine credit evaluation/recommendation
ï‚§ Work with loan officers in obtaining needed credit information and verifying data accuracy
ï‚§ Propose revisions to credit limit or interest rates as appropriate for qualified borrowers

Qualified Candidates

ï‚§ Demonstrated underwriting experience and comfortable leading a credit evaluation team
ï‚§ Knowledge of credit evaluation principles, borrower research and general credit principles
ï‚§ Excellent organizational skills, ability to accurately evaluate credit variables and reach conclusions
ï‚§ Technically savvy and possess job-related computer skills
ï‚§ 5+ years of credit underwriting/evaluation experience
ï‚§ Full background check and results must be clean
ï‚§ Bachelors degree in business/finance

Description/Expectations

ï‚§ Establish efficient work flow procedures for the underwriting department
ï‚§ Attention to detail and credit evaluation acumen during the underwriting process
ï‚§ Good communication skills, comfortable sharing information with colleagues and senior personnel
ï‚§ Manage, organize and prioritize team's work tasks
ï‚§ Complete credit evaluations under tight schedules
ï‚§ Prepare loan documents and loan funding approval package
ï‚§ Prepare daily/weekly management information reports
ï‚§ Flexible working hours

Compensation $60k - $70k per year, based on qualifications

Candidates must be authorized to work in the U.S. and be immediately available for employment. Qualified candidates are encouraged to respond with a cover letter and resume attached. Thank you for your interest in this exceptional career opportunity with an excellent company.


  • Compensation: Salary 60k to 70k per year based on qualifications
  • Principals only. Recruiters, please don't contact this job poster.
  • Please, no phone calls about this job!
  • Please do not contact job poster about other services, products or commercial interests.

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