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Commercial Credit Underwriter I

Boston, Massachusetts;

Job Description:

The Underwriter (UW) is responsible for underwriting and structuring of

straightforward and complex healthcare credit transactions with minimal

oversight from the Credit Officer (CO) or Commercial Credit Manager

(CCM) and also approves credit transactions with some coaching from the

CO/CCM based on approval grid. The UW leads the credit approval

process with assistance from the CCM as needed for clients without CO

coverage and is an active participant with the CO in credit approval

process for complex clients/transactions. UWs may call on credit clients

and prospects in partnership or independently with the Relationship

Manager (RM) and/or CO as appropriate. Provides ongoing management

and primary accountability for all monitoring and maintenance activities

on an assigned portfolio or market, including a higher composition of

complex client relationships.  UWs have accountability for delivering

accurate and consistent data. They monitor clients operating performance

and financial condition to proactively identify risks, issues and

opportunities. They deliver financial, industry, economic and other

analysis to facilitate decision making, while also ensuring adherence to

credit policies, guidelines, and applicable regulatory requirements. The

UW's provide ongoing coaching and support to other Credit Products

team members, as applicable. They report to the Commercial Credit

Manager (CCM) and partner closely with COs.

*Required Skills:  “Must” have these skills to be minimally qualified. General qualifications include:  • BS/BA degree  • 1-2+ years of solid experience in financial analysis, structuring, underwriting and portfolio management.  • Strong communication and analytical/technical skills, including financial accounting, modeling and loan structuring.

Desired Skills: Ability to underwrite new loans and manage ongoing portfolio Participate with RM or CO's to negotiate Credit Agreements & loan documents, as needed. Be knowledgeable of the closing process & timeline for all types of loans

Job Band:

H5

Shift: 

1st shift (United States of America)

Hours Per Week:

40

Weekly Schedule:

​M-F, 8-5

Referral Bonus Amount:

0

Job Description:

The Underwriter (UW) is responsible for underwriting and structuring of

straightforward and complex healthcare credit transactions with minimal

oversight from the Credit Officer (CO) or Commercial Credit Manager

(CCM) and also approves credit transactions with some coaching from the

CO/CCM based on approval grid. The UW leads the credit approval

process with assistance from the CCM as needed for clients without CO

coverage and is an active participant with the CO in credit approval

process for complex clients/transactions. UWs may call on credit clients

and prospects in partnership or independently with the Relationship

Manager (RM) and/or CO as appropriate. Provides ongoing management

and primary accountability for all monitoring and maintenance activities

on an assigned portfolio or market, including a higher composition of

complex client relationships.  UWs have accountability for delivering

accurate and consistent data. They monitor clients operating performance

and financial condition to proactively identify risks, issues and

opportunities. They deliver financial, industry, economic and other

analysis to facilitate decision making, while also ensuring adherence to

credit policies, guidelines, and applicable regulatory requirements. The

UW's provide ongoing coaching and support to other Credit Products

team members, as applicable. They report to the Commercial Credit

Manager (CCM) and partner closely with COs.

*Required Skills:  “Must” have these skills to be minimally qualified. General qualifications include:  • BS/BA degree  • 1-2+ years of solid experience in financial analysis, structuring, underwriting and portfolio management.  • Strong communication and analytical/technical skills, including financial accounting, modeling and loan structuring.

Desired Skills: Ability to underwrite new loans and manage ongoing portfolio Participate with RM or CO's to negotiate Credit Agreements & loan documents, as needed. Be knowledgeable of the closing process & timeline for all types of loans

Shift:

1st shift (United States of America)

Hours Per Week: 

40

Learn more about this role

Full time

JR-22002667

Band: H5

Manages People: No

Travel: No

Manager:

Talent Acquisition Contact:

Adriana Shore

Referral Bonus:

0