First Citizens Bank
Senior Commercial Real Estate Underwriter
First Citizens Bank, New York, New York, United States
Overview
This is a remote role that may only be hired in the following locations: Florida, Georgia, North Carolina, South Carolina, or Virginia.
The Senior Commercial Real Estate Underwriter
leads underwriting efforts by servicing commercial portfolios at the highest level of ability and complexity. Supports the commercial lending team with expertise in structuring, analysis, and credit documentation for commercial credit actions. Establishes viability of repayment sources and prepares credit approval memos. Identifies, gathers, and reviews financial information to determine credit grades and appropriate loan structuring. Assesses and communicates risks to assist department risk mitigation strategies. Provides service and support for both associates and customers, assisting in customer calls and may assist in identifying cross-sales opportunities. Offers guidance on escalated or difficult underwriting matters. Leads special projects as needed to facilitate commercial lending activities and service capabilities, and may act in a leadership role to less experienced underwriters in the work group.
Responsibilities
Underwrite commercial real estate loans for a diverse lending team across all markets in the Bank’s national footprint.
Loan portfolio to include the primary asset types such as office, retail, industrial, and multi-family as well as more specialized asset classes inclusive of but not limited to self-storage, hotel, restaurants, and single-family rental properties.
Contributes to the commercial real estate lending team culture to ensure it is consistent with the mission, vision, and values of First Citizens Bank.
Qualifications Bachelor\'s Degree and 6 years of experience in Commercial Credit Analysis, Lending, or Underwriting, Financial Statement Spreading, Preparation of Projections, and Trailing Twelve Month Analysis
OR
High School Diploma or GED and 10 years of experience in Commercial Credit Analysis, Lending, or Underwriting, Financial Statement Spreading, Preparation of Projections, and Trailing Twelve Month Analysis
Additional Qualifications
4 years working with Commercial Real Estate required; 6 years working in Commercial Real Estate preferred.
Microsoft Excel competency required
Strong written and verbal communication skills required
Experience working with credit exposure 5 million and above preferred
Benefits Benefits are an integral part of total rewards and First Citizens Bank is committed to providing a competitive, thoughtfully designed and quality benefits program to meet the needs of our associates. More information can be found at https://jobs.firstcitizens.com/benefits.
Job details
Seniority level: Not Applicable
Employment type: Full-time
Job function: Finance and Sales
Industries: Banking and Financial Services
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The Senior Commercial Real Estate Underwriter
leads underwriting efforts by servicing commercial portfolios at the highest level of ability and complexity. Supports the commercial lending team with expertise in structuring, analysis, and credit documentation for commercial credit actions. Establishes viability of repayment sources and prepares credit approval memos. Identifies, gathers, and reviews financial information to determine credit grades and appropriate loan structuring. Assesses and communicates risks to assist department risk mitigation strategies. Provides service and support for both associates and customers, assisting in customer calls and may assist in identifying cross-sales opportunities. Offers guidance on escalated or difficult underwriting matters. Leads special projects as needed to facilitate commercial lending activities and service capabilities, and may act in a leadership role to less experienced underwriters in the work group.
Responsibilities
Underwrite commercial real estate loans for a diverse lending team across all markets in the Bank’s national footprint.
Loan portfolio to include the primary asset types such as office, retail, industrial, and multi-family as well as more specialized asset classes inclusive of but not limited to self-storage, hotel, restaurants, and single-family rental properties.
Contributes to the commercial real estate lending team culture to ensure it is consistent with the mission, vision, and values of First Citizens Bank.
Qualifications Bachelor\'s Degree and 6 years of experience in Commercial Credit Analysis, Lending, or Underwriting, Financial Statement Spreading, Preparation of Projections, and Trailing Twelve Month Analysis
OR
High School Diploma or GED and 10 years of experience in Commercial Credit Analysis, Lending, or Underwriting, Financial Statement Spreading, Preparation of Projections, and Trailing Twelve Month Analysis
Additional Qualifications
4 years working with Commercial Real Estate required; 6 years working in Commercial Real Estate preferred.
Microsoft Excel competency required
Strong written and verbal communication skills required
Experience working with credit exposure 5 million and above preferred
Benefits Benefits are an integral part of total rewards and First Citizens Bank is committed to providing a competitive, thoughtfully designed and quality benefits program to meet the needs of our associates. More information can be found at https://jobs.firstcitizens.com/benefits.
Job details
Seniority level: Not Applicable
Employment type: Full-time
Job function: Finance and Sales
Industries: Banking and Financial Services
#J-18808-Ljbffr