VP, Commercial Underwriter – Franchise Finance
Northwest Bank - Colorado Springs, Colorado, United States, 80920
Work at Northwest Bank
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Overview
VP, Commercial Underwriter – Franchise Finance
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Northwest Bank VP, Commercial Underwriter – Franchise Finance 1 day ago Be among the first 25 applicants Join to apply for the
VP, Commercial Underwriter – Franchise Finance
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Northwest Bank Get AI-powered advice on this job and more exclusive features. Job Description
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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 levelExecutive Employment type
Employment typeFull-time Job function
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