VyStar Credit Union
Commercial Credit Underwriter ll
VyStar Credit Union, Jacksonville, Florida, United States, 32290
Commercial Credit Underwriter II
At VyStar Credit Union, we offer competitive pay and an extensive benefit package including a 401(k) Plan. Part‑time positions start at a minimum of 30 hours per week. VyStar encourages you to become a part of our family of employees.
Essential Job Functions
Independent, objective underwriting and review of business credits (Real Estate up to $8,000,000, lines of credit up to $250,000, equipment greater than $500,000 but less than $1,000,000 and vehicles up to $500,000).
Advanced understanding of documentation to determine risks and communicate analysis to loan approval authority.
Maintain credit quality throughout the portfolio, including ticklers, reports, and forms.
Continued education regarding economic conditions of industries borrowing money from VyStar.
Assemble pertinent information and reports for the Business Credit and Servicing Manager.
Recommend process improvements, increased efficiencies, and quality service to ensure timely loan decisions.
Maintain knowledge of current regulatory, policy, and procedure changes.
Perform to all established metrics, goals, and standards as outlined by department management and VyStar Policy and Procedure.
Work with peers and management to provide quality service during internal and external engagements.
Perform annual loan reviews of existing portfolio to determine continued repayment capacity and potential risks.
Review and analyze appraisal reports and environmental assessment reports with findings documented and reported to loan approving authority.
Conduct annual field audits (collateral inspections) of existing portfolio to analyze collateral risk as required.
Adhere to VyStar Credit Union and departmental policies and procedures.
Responsibilities
Focus – Full attention by carefully listening to and observing client or member.
Connect – Friendly and approachable, demonstrate care.
Understand – Listen empathetically and ask questions (70%/30% rule).
Counsel – Recommend solutions based on member’s needs and objectives.
Advance – Ensure member’s expectations were exceeded.
Verify necessary follow‑up actions.
Job Qualifications
Education
Bachelor’s degree with an emphasis in Accounting, Business, or Finance.
Relevant work experience may be substituted on a 2:1 ratio in lieu of a BA/BS degree.
Knowledge, Skills, and Abilities
Minimum of six (6) years of experience in a business/commercial credit underwriting and analysis environment within a financial institution.
Advanced knowledge of business tax returns and business financial statements.
Advanced understanding of financial analysis including cash flow, profitability, liquidity, leverage, and solvency.
Advanced knowledge of standard underwriting theory.
Demonstrated ability to structure complex credit requests that minimize risk while providing member value.
Basic understanding of generally accepted accounting practices.
Knowledge of State and NCUA regulations.
Excellent written and verbal communication skills.
Highly motivated, detail oriented, able to multi‑task and work effectively in a fast‑paced environment.
Independent, able to work with minimal supervision when required, as well as in a team environment.
DISCLAIMERS AND WORK ENVIRONMENT
Nothing in this position description is an implied contract for employment. The position description is intended to be an accurate account of the essential functions. The functions are not all encompassing and are subject to change at any time by management.
The work environment characteristics described are representative of those that an employee encounters while performing the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
As required or requested, may exert up to 20 pounds of force occasionally and/or a negligible amount of force constantly to lift, carry, push, pull or otherwise move objects.
VyStar Credit Union is not seeking outside assistance or accepting unsolicited resumes from staffing agencies or search firms for employment or contractor opportunities. Any resumes submitted by an outside vendor to any employee at VyStar via e‑mail, internet, or directly to hiring managers without a valid written search agreement with the Talent Acquisition / HR department will be deemed the sole property of VyStar Credit Union.
No placement fee will be paid if a candidate is hired as a result of the referral, or through other means.
Thank you for your inquiry regarding our current job opening. Your resume will be carefully reviewed against the position requirements. Should your experience and skills match, you will be contacted by one of our Human Resources department staff members.
Thank you again for your interest in this position!
Seniority level
Mid‑Senior level
Employment type
Part‑time
Job function
Finance and Sales
Banking
Referrals increase your chances of interviewing at VyStar Credit Union by 2x #J-18808-Ljbffr
Essential Job Functions
Independent, objective underwriting and review of business credits (Real Estate up to $8,000,000, lines of credit up to $250,000, equipment greater than $500,000 but less than $1,000,000 and vehicles up to $500,000).
Advanced understanding of documentation to determine risks and communicate analysis to loan approval authority.
Maintain credit quality throughout the portfolio, including ticklers, reports, and forms.
Continued education regarding economic conditions of industries borrowing money from VyStar.
Assemble pertinent information and reports for the Business Credit and Servicing Manager.
Recommend process improvements, increased efficiencies, and quality service to ensure timely loan decisions.
Maintain knowledge of current regulatory, policy, and procedure changes.
Perform to all established metrics, goals, and standards as outlined by department management and VyStar Policy and Procedure.
Work with peers and management to provide quality service during internal and external engagements.
Perform annual loan reviews of existing portfolio to determine continued repayment capacity and potential risks.
Review and analyze appraisal reports and environmental assessment reports with findings documented and reported to loan approving authority.
Conduct annual field audits (collateral inspections) of existing portfolio to analyze collateral risk as required.
Adhere to VyStar Credit Union and departmental policies and procedures.
Responsibilities
Focus – Full attention by carefully listening to and observing client or member.
Connect – Friendly and approachable, demonstrate care.
Understand – Listen empathetically and ask questions (70%/30% rule).
Counsel – Recommend solutions based on member’s needs and objectives.
Advance – Ensure member’s expectations were exceeded.
Verify necessary follow‑up actions.
Job Qualifications
Education
Bachelor’s degree with an emphasis in Accounting, Business, or Finance.
Relevant work experience may be substituted on a 2:1 ratio in lieu of a BA/BS degree.
Knowledge, Skills, and Abilities
Minimum of six (6) years of experience in a business/commercial credit underwriting and analysis environment within a financial institution.
Advanced knowledge of business tax returns and business financial statements.
Advanced understanding of financial analysis including cash flow, profitability, liquidity, leverage, and solvency.
Advanced knowledge of standard underwriting theory.
Demonstrated ability to structure complex credit requests that minimize risk while providing member value.
Basic understanding of generally accepted accounting practices.
Knowledge of State and NCUA regulations.
Excellent written and verbal communication skills.
Highly motivated, detail oriented, able to multi‑task and work effectively in a fast‑paced environment.
Independent, able to work with minimal supervision when required, as well as in a team environment.
DISCLAIMERS AND WORK ENVIRONMENT
Nothing in this position description is an implied contract for employment. The position description is intended to be an accurate account of the essential functions. The functions are not all encompassing and are subject to change at any time by management.
The work environment characteristics described are representative of those that an employee encounters while performing the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
As required or requested, may exert up to 20 pounds of force occasionally and/or a negligible amount of force constantly to lift, carry, push, pull or otherwise move objects.
VyStar Credit Union is not seeking outside assistance or accepting unsolicited resumes from staffing agencies or search firms for employment or contractor opportunities. Any resumes submitted by an outside vendor to any employee at VyStar via e‑mail, internet, or directly to hiring managers without a valid written search agreement with the Talent Acquisition / HR department will be deemed the sole property of VyStar Credit Union.
No placement fee will be paid if a candidate is hired as a result of the referral, or through other means.
Thank you for your inquiry regarding our current job opening. Your resume will be carefully reviewed against the position requirements. Should your experience and skills match, you will be contacted by one of our Human Resources department staff members.
Thank you again for your interest in this position!
Seniority level
Mid‑Senior level
Employment type
Part‑time
Job function
Finance and Sales
Banking
Referrals increase your chances of interviewing at VyStar Credit Union by 2x #J-18808-Ljbffr