Back to search results

CREB Underwriter

New York, New York

Job Description:

Role Overview:

 CREB Underwriter is responsible for performing deal analysis, preparation of supporting justification, and processing credit approvals. The CREB Underwriter has understanding of key credit policies and regulations for applicability/impact to a credit transaction. The CREB Underwriter is a member of the CREB market team, is aligned to LOB regions/markets, and supports the UW, CO and/or PMO teams in a specific market. The CREB Associate Underwriter will also assist and advise the CREB portfolio group with any post-closing credit actions as needed. Successful candidates will possess functional knowledge and will have demonstrated strong performance with a focus on collaboration, driving operational excellence and the ability to influence leaders, peers and clients

 

Functional Role Description:

  • New deal analysis and supporting justification

  • Prepare approval documents and collateral analysis

  • Support Credit Officer on screening memos and term sheets.

  • Data capture for new originations

  • Activities associated with renewal, modification and extension of existing facilities where terms are being changed (i.e. extensions beyond final maturity, commitment increases, material covenant changes), including risk rating scorecard preparation  

Role Qualifications:

  • Two years’ experience within financial institution;

  • Knowledge of the primary functions of Commercial Real Estate Banking teams;

  • Strong analytical skills;

  • Strong written and communication skills;

  • Proficient with technology and ability to learn new applications;

  • Ability to prioritize, self-motivated, detail-oriented, etc.;

  • Fluency in reading financial statements, Understands drivers of cash flow;

  • Demonstrates ability to calculate and test financial covenants;

  • Possesses (or is developing) modeling experience.    

Leadership Competencies:

  • Demonstrates business and financial acumen

  • Ensures self and others maintain a focus on client needs

  • Delivers practical, innovative solutions to customers/clients that meet their individual needs

  • Demonstrates and encourages collaboration, connection and teamwork within and beyond his/her team

  • Is intellectually curious; constantly seeks to learn and advance his/her knowledge

  • Remains positive and focused during times of pressure, adversity, or change

  • Is resilient; quickly adjusts behaviors in order to be successful.

  • Communicates clearly, both in writing and speaking using concise and simple language

  • Demonstrates a bias for action and a commitment to achieving sustainable results

  • Makes timely and fact-based decisions Ensures rigorous thinking and analysis have been used when making a decision

Shift:

1st shift (United States of America)

Hours Per Week: 

40

Learn more about this role

Full time

JR-21020211

Manages People: No

Travel: No

Manager:

Talent Acquisition Contact:

Referral Bonus:

Check out the New York City office

Located in midtown Manhattan, we’re right across from Bryant Park and a short walk to Times Square, Broadway theaters, Grand Central Station, excellent shops and world-class restaurants.

Street-level photo looking up at Bank of America tower
Aerial photo of ice skating rink
Aerial photo of people on trading floor

Street Address

Primary Location:
ONE BRYANT PARK, NY, New York, 10036