Commercial Credit Underwriter

First National Bank Of Pennsylvania - Pittsburgh, PA

Full-time

Pittsburgh, PA

Monetary Authorities-Central Bank

About the position

The Commercial Credit Underwriter position at F.N.B. Corp. is a full-time role based in Pittsburgh, PA, primarily responsible for preparing comprehensive financial analyses of current and prospective commercial loan customers. The incumbent will engage in spreading financial statements, analyzing industry and economic conditions, and conducting cash flow analyses. This role is crucial in completing full underwriting presentations and performing credit investigations to assess the creditworthiness of borrowers, thereby protecting the bank from potential losses, particularly focusing on larger relationships and complex transactions. In this position, the underwriter will analyze the creditworthiness of borrowers, identify key credit issues, and prepare detailed written analyses in accordance with established policies and procedures. This includes the timely completion of the FOCUS underwriting document and all its components. The underwriter will also prepare cash flow and global cash flow analyses to aid in evaluating a borrower's creditworthiness. Utilizing Baker Hill software, the underwriter will spread various types of submitted financial statements accurately and in a timely manner. Additionally, the role involves researching available data from internet sources and subscription-based utilities to summarize information regarding the current and projected status of certain industries and borrowers. The underwriter will develop a personal program to maintain an adequate level of knowledge in banking matters, compliance, credit analysis, and personal skills. Effective leadership on complex transactions, including syndications and multi-level capital structures, is expected, along with excellent communication skills to voice opinions clearly and concisely. The underwriter will also independently research various industries and summarize information regarding their current and projected status, aiding senior leaders in making informed lending decisions. The position requires a commitment to risk management and compliance with regulatory laws and company procedures, ensuring that all employees understand and manage the risks they encounter daily.

Responsibilities

• Analyzes the creditworthiness of borrowers and prepares full written analysis according to established policies and procedures.
• Prepares cash flow and global cash flow analysis for borrowers to aid in the analysis of creditworthiness.
• Utilizes Baker Hill software to spread various types of submitted financial statements accurately and timely.
• Researches available data and summarizes information regarding current and projected status of certain industries and borrowers.
• Develops a personal program for maintaining knowledge in banking matters, compliance, and credit analysis.
• Acts as an effective leader on complex transactions, demonstrating excellent communication skills.
• Independently researches various industries and summarizes information to aid senior leaders in lending decisions.
• Performs other related duties and projects as assigned.

Requirements

• BA or BS degree required.
• Minimum of 5 years of job-related experience required.
• Excellent project management skills.
• Excellent communication skills, both written and verbal.
• Excellent organizational, analytical, and interpersonal skills.
• Excellent customer service skills.
• Ability to use a personal computer and job-related software.
• Basic level proficiency in MS Word and PowerPoint; Intermediate level proficiency in MS Excel.
• Knowledge of accounting, tax laws, bank policies, procedures, and government regulations.