Northwest Bank
VP, Commercial Underwriter – Franchise Finance
Northwest Bank, Salt Lake City, Utah, United States
VP, Commercial Underwriter – Franchise Finance
Join to apply for the
VP, Commercial Underwriter – Franchise Finance
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Northwest Bank VP, Commercial Underwriter – Franchise Finance
3 days ago Be among the first 25 applicants Join to apply for the
VP, Commercial Underwriter – Franchise Finance
role at
Northwest Bank Get AI-powered advice on this job and more exclusive features. Job Description
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. Where 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. Job Description
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. Where 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 Work with on-site equipment
Education + Experience preferred
Bachelor’s degree in Finance, Accounting or related field 8-12 years of experience underwriting in the Restaurant and Franchise Finance sector
Northwest is an equal opportunity employer. We are committed to creating an inclusive environment for all employees.
Seniority level
Seniority level Executive Employment type
Employment type Full-time Job function
Job function Sales and Business Development Industries Banking Referrals increase your chances of interviewing at Northwest Bank by 2x Sign in to set job alerts for “Commercial Vice President” roles.
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Join to apply for the
VP, Commercial Underwriter – Franchise Finance
role at
Northwest Bank VP, Commercial Underwriter – Franchise Finance
3 days ago Be among the first 25 applicants Join to apply for the
VP, Commercial Underwriter – Franchise Finance
role at
Northwest Bank Get AI-powered advice on this job and more exclusive features. Job Description
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. Where 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. Job Description
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. Where 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 Work with on-site equipment
Education + Experience preferred
Bachelor’s degree in Finance, Accounting or related field 8-12 years of experience underwriting in the Restaurant and Franchise Finance sector
Northwest is an equal opportunity employer. We are committed to creating an inclusive environment for all employees.
Seniority level
Seniority level Executive Employment type
Employment type Full-time Job function
Job function Sales and Business Development Industries Banking Referrals increase your chances of interviewing at Northwest Bank by 2x Sign in to set job alerts for “Commercial Vice President” roles.
Commercial Credit Underwriter - Small Business
Salt Lake City, UT $80,000.00-$100,000.00 1 week ago Sr Small Business Underwriter - Remote in Western Territory
Utah, United States $55,000.00-$95,000.00 2 weeks ago Utah, United States $75,000.00-$140,500.00 1 week ago Compliance Franchise Contracts Manager - US Remote
United States $88,000.00-$100,000.00 1 week ago Surety - Field Representative - Commercial and Small Contract
Salt Lake City Metropolitan Area 1 month ago Sales - Field Underwriting Territory Representative
Utah, United States $90,000.00-$152,000.00 2 weeks ago Surety - Field Representative - Commercial and Small Contract
Salt Lake City, UT $75,000.00-$150,000.00 3 weeks ago We’re unlocking community knowledge in a new way. Experts add insights directly into each article, started with the help of AI.
#J-18808-Ljbffr