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
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.
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
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.