Commercial Underwriter II

First Citizens Bank - Raleigh, NC

Full-time

Hybrid - Raleigh, NC

Credit Intermediation and Related Activities

About the position

The Commercial Underwriter II is a hybrid role that supports the General Bank by underwriting complex commercial portfolios. This position involves assessing borrower risk ratings, structuring loans, and providing guidance to less experienced underwriters. The role requires participation in client interactions and may involve identifying cross-sales opportunities, all while contributing to risk mitigation strategies within the commercial lending team.

Responsibilities

• Underwrites commercial credit actions according to applicable regulations, procedures, and guidelines.
• Reviews financial statements, communicates with clients or prospects, and performs analysis to recommend borrower risk ratings and appropriate loan structuring.
• Ensures all involved parties are updated on underwriting progress and outcome.
• Sources, compiles, and interprets financial data to support structuring and approval of loans.
• Reviews industry information and comparisons, key risks and mitigants, and collateral to form a general business overview of the borrower.
• Identifies risks through reviews, analysis, and research of new and existing commercial credit requests and relationships.
• Works closely with Bank associates and partners to resolve risk issues, communicating review schedule and potential changes in the commercial portfolio.
• Assists in coordinating review and renewal schedules for existing credits, facilitating ongoing risk identification and management.
• Identifies cross-sales opportunities for new and existing relationships based on analysis activities.
• Partners with associates and clients to determine needs and structuring of new requests, renewals, and modifications, participating in client and prospect calls as needed.

Requirements

• Bachelor's Degree and 4 years of experience in Commercial Underwriting in C&I and Medical, Credit Analysis, financial statement spreading, preparation of projections, and trailing twelve month analysis.
• OR High School Diploma or GED and 8 years of experience in Commercial Underwriting in C&I and Medical, Credit Analysis, financial statement spreading, preparation of projections, and trailing twelve month analysis.

Nice-to-haves

• Experience with credit relationships 5 million and above.
• Experience in leading special projects as needed to facilitate commercial lending activities and service capabilities.
• Microsoft Excel competency required.
• Strong written and verbal communication skills required.

Benefits

• Comprehensive benefits program for full-time associates (20+ hours) with customized offerings designed to support families.