Small Business Underwriter Ii

Description:

Underwriters analyze all types of credit information on both existing and prospective customers. They are responsible for evaluating the creditworthiness of borrowers to render a credit decision. The function typically includes new money requests, renewals and amendments.

Essential Job Functions

• Evaluate applicant's credit needs, financial strength and other background information to determine if request for credit is an acceptable risk.

• Assess industry risk, quality of management, market position and overall business climate to estimate future loan repayment capacity of business.

• Interpret cash flow, balance sheet, income statements, and tax returns (both personal and business) to determine credit worthiness.

• Use credit bureau data, credit scoring models, financial statements, and relevant additional financial information to determine the degree of risk involved in extending credit.

• Effectively communicate credit decisions to team members and internal clients (branches, relationship managers, etc.).

• Comply with Key Bank internal policies, applicable laws and regulations.

Required Qualifications

• Bachelor's Degree with a preferred focus on business course work, or equivalent work experience.

• Prior experience with commercial/small business lending is a plus

• Familiarity with, and understanding of, traditional and automated commercial credit underwriting methodologies and their use is a plus

• Commitment to Key core values: Teamwork, Respect, Accountability, Integrity and Leadership.