Commercial Risk Analyst
1 month ago
The Recruitment Council seeks an experienced Commercial Underwriter to join our team in this critical role.
About the Role:
- Job Title: Commercial Underwriter
- Location: [Insert Location]
- Salary: $80,000 - $110,000 per annum
- Industry: Financial Services
Job Description:
The Commercial Underwriter plays a crucial role in assessing and analyzing risk factors associated with commercial loan applications. This involves reviewing financial statements, credit reports, and other relevant documentation to determine the creditworthiness of potential clients.
To be successful in this position, you will need to have strong analytical skills, attention to detail, and the ability to interpret complex financial data. You must also have excellent communication and interpersonal skills to work closely with clients, loan officers, and other departments within the organization.
Key Responsibilities:
- Review and evaluate commercial loan applications, financial statements, credit reports, and other relevant documentation.
- Conduct in-depth analysis of potential clients' financial stability, repayment ability, and industry competitiveness.
- Calculate debt service coverage ratios, loan-to-value ratios, and other financial metrics to determine loan eligibility and pricing.
- Communicate findings and recommendations to loan officers and management team for decision-making.
- Collaborate with clients and loan officers to gather additional information or clarification on loan applications.
- Stay current on market trends, industry regulations, and economic conditions that may impact loan decisions.
- Ensure compliance with company policies, procedures, and regulatory requirements.
- Provide exceptional customer service and build strong relationships with internal and external stakeholders.
Qualifications:
- Bachelor's degree in finance, business administration, or related field.
- Minimum of 3-5 years of experience in commercial underwriting or related financial analysis roles.
- Strong analytical skills with attention to detail and ability to interpret complex financial data.
- Excellent communication and interpersonal skills.
- Knowledge of commercial lending practices, regulations, and risk management.
- Proficiency in Microsoft Office Suite and financial analysis software.
Benefits:
We offer a competitive salary package, including a base salary of $80,000 - $110,000 per annum, depending on experience. In addition, we provide comprehensive benefits, including health insurance, retirement plan, and paid time off.
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