Northwest Bank
VP, Commercial Underwriter – Franchise Finance
Northwest Bank, Baltimore, Maryland, United States
Overview
VP, Commercial Underwriter – Franchise Finance
at
Northwest Bank . The VP, Commercial Underwriter – Franchise Finance serves as the primary underwriter for complex relationships in the large corporate and middle market portfolio for Northwest Bank. The ability to independently perform highly in-depth qualitative and quantitative analysis at the client, industry and macroeconomic levels is required. The Commercial Underwriter is expected to design and recommend credit structures to senior leadership which align with the needs of the clients and the risk appetite of the Bank. Regular client contact will occur as part of the underwriting and portfolio management duties. When Northwest Bank is the lead agent, the Commercial Underwriter will be involved in the preparation of loan syndication market materials and other supporting documentation and may participate in sell-side activities.
Essential Functions
Prepare detailed credit memorandum for complex lending relationships
Complete comprehensive analysis on client financial statements
Recommend proper loan structure, including appropriate covenant formulas and definitions
Identify credit strengths, weaknesses, risks and mitigating factors
Determine the required scope for underwriting and due diligence based on client risk profile
Participate in joint calls with Relationship Managers
Maintain a working knowledge of macroeconomic factors affecting national and global markets
Identify and track loan and credit policy exceptions
Monitor ongoing risk in the assigned portfolio and recommend proactive action if necessary
Prepare annual or quarterly reviews for relationships within the portfolio, as required
Recommend and defend appropriate risk ratings
Review and negotiate legal documentation with outside bank counsel
Develop financial statement forecasts and enterprise valuations
Ensure compliance with Northwest’s policies and procedures, and Federal/State regulations
Navigate Microsoft Office Software, computer applications, and software specific to the department to maximize technology tools and gain efficiency
Work as part of a team
Education + Experience
Bachelor’s degree in Finance, Accounting or related field
8-12 years of experience underwriting in the Restaurant and Franchise Finance sector
Work Arrangement & Locations This position can be performed remotely, unless you live within 40 miles of one of our Hub locations. If you live within 40 miles, you must be onsite Monday - Thursday with Friday as an optional work from home day.
Independence, OH — 6480 Rockside Woods Blvd S, Suite 345, Independence, OH 44131
Columbus, OH — HQ, 3 Easton Oval, Columbus, OH 43219
Buffalo, NY — 375 Essjay Road, Suite 100, Buffalo, NY 14221
Mount Joy, PA — 101 East Main Street, Mount Joy, PA 17552
Warren, PA — 100 Liberty Street, Warren, PA 16365
Erie, PA — 800 State Street, Erie, PA 16501
Pittsburgh, PA — 532 Lincoln Avenue, Bellevue, PA 15202; Pittsburgh Business Office, 525 William Penn Place, Suite 3550, Pittsburgh, PA 15222
Fishers, IN — 11 Municipal Drive, Suite 150, Fishers, IN 46037
Northwest is an equal opportunity employer. We are committed to creating an inclusive environment for all employees.
Seniority level Executive
Employment type Full-time
Job function Sales and Business Development Industries: Banking
Referrals increase your chances of interviewing at Northwest Bank by 2x
#J-18808-Ljbffr
VP, Commercial Underwriter – Franchise Finance
at
Northwest Bank . The VP, Commercial Underwriter – Franchise Finance serves as the primary underwriter for complex relationships in the large corporate and middle market portfolio for Northwest Bank. The ability to independently perform highly in-depth qualitative and quantitative analysis at the client, industry and macroeconomic levels is required. The Commercial Underwriter is expected to design and recommend credit structures to senior leadership which align with the needs of the clients and the risk appetite of the Bank. Regular client contact will occur as part of the underwriting and portfolio management duties. When Northwest Bank is the lead agent, the Commercial Underwriter will be involved in the preparation of loan syndication market materials and other supporting documentation and may participate in sell-side activities.
Essential Functions
Prepare detailed credit memorandum for complex lending relationships
Complete comprehensive analysis on client financial statements
Recommend proper loan structure, including appropriate covenant formulas and definitions
Identify credit strengths, weaknesses, risks and mitigating factors
Determine the required scope for underwriting and due diligence based on client risk profile
Participate in joint calls with Relationship Managers
Maintain a working knowledge of macroeconomic factors affecting national and global markets
Identify and track loan and credit policy exceptions
Monitor ongoing risk in the assigned portfolio and recommend proactive action if necessary
Prepare annual or quarterly reviews for relationships within the portfolio, as required
Recommend and defend appropriate risk ratings
Review and negotiate legal documentation with outside bank counsel
Develop financial statement forecasts and enterprise valuations
Ensure compliance with Northwest’s policies and procedures, and Federal/State regulations
Navigate Microsoft Office Software, computer applications, and software specific to the department to maximize technology tools and gain efficiency
Work as part of a team
Education + Experience
Bachelor’s degree in Finance, Accounting or related field
8-12 years of experience underwriting in the Restaurant and Franchise Finance sector
Work Arrangement & Locations This position can be performed remotely, unless you live within 40 miles of one of our Hub locations. If you live within 40 miles, you must be onsite Monday - Thursday with Friday as an optional work from home day.
Independence, OH — 6480 Rockside Woods Blvd S, Suite 345, Independence, OH 44131
Columbus, OH — HQ, 3 Easton Oval, Columbus, OH 43219
Buffalo, NY — 375 Essjay Road, Suite 100, Buffalo, NY 14221
Mount Joy, PA — 101 East Main Street, Mount Joy, PA 17552
Warren, PA — 100 Liberty Street, Warren, PA 16365
Erie, PA — 800 State Street, Erie, PA 16501
Pittsburgh, PA — 532 Lincoln Avenue, Bellevue, PA 15202; Pittsburgh Business Office, 525 William Penn Place, Suite 3550, Pittsburgh, PA 15222
Fishers, IN — 11 Municipal Drive, Suite 150, Fishers, IN 46037
Northwest is an equal opportunity employer. We are committed to creating an inclusive environment for all employees.
Seniority level Executive
Employment type Full-time
Job function Sales and Business Development Industries: Banking
Referrals increase your chances of interviewing at Northwest Bank by 2x
#J-18808-Ljbffr