Commercial Underwriter II

First Citizens Bank - Columbia, SC

Full-time

Hybrid - Columbia, SC

Credit Intermediation and Related Activities

About the position

The Commercial Underwriter II position is a hybrid role that supports the commercial lending team by underwriting complex commercial portfolios. This role involves assessing borrower risk ratings, structuring loans, and providing guidance to less experienced underwriters. The position requires regular interaction with clients and associates, as well as participation in client calls and special projects to enhance commercial lending activities.

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.
• Identifies servicing information and prepares credit analysis documentation.
• Partners with associates and clients to determine needs and structuring of new requests, renewals, and modifications, participating in client and prospect calls as needed.
• May assist management with peer development and training.

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

• Bachelor's Degree in Business Administration, Finance, Accounting, or Economics.

Benefits

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