Business Banking Underwriter II - Problem Loan Underwriting

Huntington Bancshares - Minnetonka, MN

Full-time

Minnetonka, MN

Management of Companies and Enterprises

About the position

The Business Banking Underwriter II - Problem Loan Underwriting plays a crucial role in the evaluation and underwriting of Business Banking loans, ensuring that each loan meets the bank's lending policies and standards. This position is primarily responsible for assessing the creditworthiness of borrowers and making informed decisions based on financial and credit application information. The underwriter will manage an individual pipeline of work, which involves reviewing loan applications that typically present moderate complexity and customer exposure up to $2,500 million. The role requires the ability to utilize single approval authority for loans up to $2 million, necessitating a thorough understanding of risk assessment and borrower profiles. In addition to underwriting responsibilities, the Business Banking Underwriter II will support the overall production of the Business Banking line by performing various tasks as needed. This may include collaborating with other team members, providing insights on loan applications, and ensuring that all underwriting processes align with the bank's policies. The position may also involve additional duties as assigned, contributing to the dynamic nature of the role within the organization. The ideal candidate will possess a strong background in business or commercial underwriting, with at least three years of experience in a centralized lending environment. A bachelor's degree is required, and candidates with a degree in a business-related field are preferred. The underwriter must demonstrate proficiency in using Microsoft Office and other internet resources, along with excellent customer service skills. Strong organizational abilities, attention to detail, and the capacity to manage multiple tasks independently are essential for success in this role.

Responsibilities

• Underwrite Business Banking loans to determine creditworthiness and compliance with bank lending policy.
• Maintain an individual pipeline of work to support Business Banking production.
• Review all financial and credit application information to make sound credit decisions.
• Utilize single approval authority for loans up to $2 million.
• Assess the risk profile of borrowers appropriately.
• Perform other duties as assigned to support the line of business and job family.

Requirements

• Bachelor's degree required.
• 3+ years' experience with business or commercial underwriting in a centralized lending environment.

Nice-to-haves

• Bachelor's degree in a business-related field preferred.
• Ability to underwrite credit exposures in excess of $1 million.
• Proficient use of Microsoft Office and other internet resources.
• Excellence in customer service, highly motivated, focused, and goal-oriented.
• Excellent written and verbal communication skills, including grammar and demeanor.
• Strong organizational skills with attention to detail, planning, and follow-up.
• Ability to work independently on multiple tasks without compromising quality.