Northwest Bank
VP, Commercial Underwriter – Franchise Finance
Northwest Bank, Phoenix, Arizona, United States
Overview
VP, Commercial Underwriter – Franchise Finance role 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. The role requires independent, in-depth qualitative and quantitative analysis at the client, industry and macroeconomic levels. The Commercial Underwriter designs and recommends credit structures to senior leadership that align with client needs and the Bank's risk appetite. Regular client contact occurs as part of underwriting and portfolio management. When Northwest Bank is the lead agent, the Underwriter contributes to loan syndication market materials and related documentation and may participate in sell-side activities. Responsibilities
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 and department-specific tools to maximize efficiency Work as part of a team Qualifications
Bachelor’s degree in Finance, Accounting or related field 8-12 years of experience underwriting in the Restaurant and Franchise Finance sector Employment details
This position can be performed remotely unless you live within 40 miles of a Northwest Bank Hub location. If you live within 40 miles, you must be onsite Monday - Thursday with Friday as an optional work-from-home day. Hub locations include: Independence, OH; Columbus, OH; Buffalo, NY; Mount Joy, PA; Warren, PA; Erie, PA; Pittsburgh, PA; Fishers, IN; and other listed offices. Location notes
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 — Bellevue, 532 Lincoln Avenue, Bellevue, PA 15202; Pittsburgh — 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.
#J-18808-Ljbffr
VP, Commercial Underwriter – Franchise Finance role 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. The role requires independent, in-depth qualitative and quantitative analysis at the client, industry and macroeconomic levels. The Commercial Underwriter designs and recommends credit structures to senior leadership that align with client needs and the Bank's risk appetite. Regular client contact occurs as part of underwriting and portfolio management. When Northwest Bank is the lead agent, the Underwriter contributes to loan syndication market materials and related documentation and may participate in sell-side activities. Responsibilities
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 and department-specific tools to maximize efficiency Work as part of a team Qualifications
Bachelor’s degree in Finance, Accounting or related field 8-12 years of experience underwriting in the Restaurant and Franchise Finance sector Employment details
This position can be performed remotely unless you live within 40 miles of a Northwest Bank Hub location. If you live within 40 miles, you must be onsite Monday - Thursday with Friday as an optional work-from-home day. Hub locations include: Independence, OH; Columbus, OH; Buffalo, NY; Mount Joy, PA; Warren, PA; Erie, PA; Pittsburgh, PA; Fishers, IN; and other listed offices. Location notes
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 — Bellevue, 532 Lincoln Avenue, Bellevue, PA 15202; Pittsburgh — 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.
#J-18808-Ljbffr