First Horizon Bank
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Underwriter, CCL Loss Mitigation
role at
First Horizon Bank
Location:
On Site at location listed in job posting.
Summary This opportunity is within our Centralized Commercial Lending team, specifically our Loss Mitigation group. The duties will include proactively managing portfolios by identifying trends and alerting management to changes in portfolio conditions. Partners with relationship managers to finalize credit package terms, workout structures and independently prioritizes requests. Maintain portfolios, performing grade reviews and renewals while communicating with Relationship Managers and Portfolio Managers. This position will also contribute to the development of credit analysis and portfolio management tools used for the management of non-pass relationships in the Loss Mitigation portfolio.
Key Responsibilities
Conduct in-depth analysis of financial information to form a recommendation of approval or denial of loans in accordance with the Bank’s policy and procedures. Collaborate with Relationship Managers and Market Leaders to gather all necessary information to present an accurate and complete assessment of customer relationships. On occasion, interact with clients or representatives virtually or in person calls in conjunction with Relationship Manager on larger credits.
Monitor past due loans within the CCL portfolio and identify potential downgrade situations.
Ability to prepare high quality, detailed credit approval documents that contain an in-depth analysis, an understanding of and identification of credit issues and risks. Ability to spread and interpret financial statements, tax returns, and projections using Excel.
Ability to provide recommendations on loan structuring and alternative structures that may be more appropriate for the transaction.
Ability to work in a high-volume environment, meeting or exceeding Service Level Agreements and turn time goals throughout the process, providing credit decisions in a timely manner.
Work independently on special projects related to credit topics and issues as requested by Bank Credit team(s).
Support the Bank's strong relationship banking culture through on-going internal partner contact, quality customer service, and superior product knowledge. Understand and adhere to the Bank's Bank Secrecy Act policy and procedures and "know your customer/enhanced due diligence" guidelines. Brings any suspicious activity to the attention of a supervisor, or the Bank Secrecy Act Officer. Follow all Bank policies and procedures to ensure compliance with all laws and regulations.
May perform other duties as assigned.
Requirements
Bachelor’s degree required for consideration or equivalent combination of education and experience
One to five years of commercial credit underwriting experience
Knowledge, Skills, Abilities, Training, & Systems
Fundamental understanding of commercial credit underwriting.
Ability to interact with all levels of staff and management.
Ability to work successfully in a deadline driven team environment.
Strong MS Office skills, especially with Excel.
Must be organized and detail oriented with the ability to multitask.
Good written and oral communication skills.
Good fundamental understanding of general bank operations, proficient understanding of the components of financial planning, deposit products, small business products, investment and insurance products.
Benefit Highlights
Medical with wellness incentives, dental, and vision
HSA with company match
Maternity and parental leave
Tuition reimbursement
Mentor program
401(k) with 6% match
More – FirstHorizon.com/First-Horizon-National-Corporation/Careers/Our-Benefits
Seniority level:
Entry level
Employment type:
Full-time
Job function:
Finance and Sales
Referrals increase your chances of interviewing at First Horizon Bank by 2x
#J-18808-Ljbffr
Underwriter, CCL Loss Mitigation
role at
First Horizon Bank
Location:
On Site at location listed in job posting.
Summary This opportunity is within our Centralized Commercial Lending team, specifically our Loss Mitigation group. The duties will include proactively managing portfolios by identifying trends and alerting management to changes in portfolio conditions. Partners with relationship managers to finalize credit package terms, workout structures and independently prioritizes requests. Maintain portfolios, performing grade reviews and renewals while communicating with Relationship Managers and Portfolio Managers. This position will also contribute to the development of credit analysis and portfolio management tools used for the management of non-pass relationships in the Loss Mitigation portfolio.
Key Responsibilities
Conduct in-depth analysis of financial information to form a recommendation of approval or denial of loans in accordance with the Bank’s policy and procedures. Collaborate with Relationship Managers and Market Leaders to gather all necessary information to present an accurate and complete assessment of customer relationships. On occasion, interact with clients or representatives virtually or in person calls in conjunction with Relationship Manager on larger credits.
Monitor past due loans within the CCL portfolio and identify potential downgrade situations.
Ability to prepare high quality, detailed credit approval documents that contain an in-depth analysis, an understanding of and identification of credit issues and risks. Ability to spread and interpret financial statements, tax returns, and projections using Excel.
Ability to provide recommendations on loan structuring and alternative structures that may be more appropriate for the transaction.
Ability to work in a high-volume environment, meeting or exceeding Service Level Agreements and turn time goals throughout the process, providing credit decisions in a timely manner.
Work independently on special projects related to credit topics and issues as requested by Bank Credit team(s).
Support the Bank's strong relationship banking culture through on-going internal partner contact, quality customer service, and superior product knowledge. Understand and adhere to the Bank's Bank Secrecy Act policy and procedures and "know your customer/enhanced due diligence" guidelines. Brings any suspicious activity to the attention of a supervisor, or the Bank Secrecy Act Officer. Follow all Bank policies and procedures to ensure compliance with all laws and regulations.
May perform other duties as assigned.
Requirements
Bachelor’s degree required for consideration or equivalent combination of education and experience
One to five years of commercial credit underwriting experience
Knowledge, Skills, Abilities, Training, & Systems
Fundamental understanding of commercial credit underwriting.
Ability to interact with all levels of staff and management.
Ability to work successfully in a deadline driven team environment.
Strong MS Office skills, especially with Excel.
Must be organized and detail oriented with the ability to multitask.
Good written and oral communication skills.
Good fundamental understanding of general bank operations, proficient understanding of the components of financial planning, deposit products, small business products, investment and insurance products.
Benefit Highlights
Medical with wellness incentives, dental, and vision
HSA with company match
Maternity and parental leave
Tuition reimbursement
Mentor program
401(k) with 6% match
More – FirstHorizon.com/First-Horizon-National-Corporation/Careers/Our-Benefits
Seniority level:
Entry level
Employment type:
Full-time
Job function:
Finance and Sales
Referrals increase your chances of interviewing at First Horizon Bank by 2x
#J-18808-Ljbffr