Commercial Underwriter IV, OSF

First Financial Bank - Indianapolis, IN

Indianapolis, IN

Credit Intermediation and Related Activities

About the position

We do the right things, right now. We do them in a way that is relevant to our clients. Become a part of our history as it continues to be written! If you are interested and qualified for this role, we invite you to apply.

Responsibilities

• Performs financial analysis, risk assessment, and detailed due diligence for the Oak Street Lines of Business.
• Review commercial loan applications and analyze standard credit information packages to make assessment of applicant's creditworthiness.
• Determine whether or not the proposed loan will conform to Bank Lending Policy.
• Provide recommendation to the Executive Director and Director of Underwriting, and to Loan Committee as applicable, regarding the structure, underwriting, and management of loans.
• Maintain ongoing communication with all appropriate Sales and Servicing staff on the status of transactions.
• Utilize financial software tools to spread financial statements, evaluate cash flow capacity, and evaluate/validate collateral for all new business opportunities and renewals.
• Prepare and present credit memos for new and renewal requests on complex credits and large clients, for loan approval.
• Utilize individual lending authority to approve or decline credit requests proposed by Sales or underwritten by other Underwriting team members.
• Coordinate and complete on-site due diligence trips at proposed borrower locations.
• Work directly with Servicing to monitor and manage the loan portfolio on an ongoing basis.
• Administer and participate in the negotiation of closing legal documentation.
• Train to be industry experts in the lines of business that Oak Street Funding provides financing.
• Assist in the management of workflow and assigned credits.
• May provide group supervision and/or coordination in a leadership role for the entire group.
• Assist on special projects as needed.

Requirements

• Requires at least 7-10 years of credit underwriting and/or Commercial Lending Experience with emphasis and experience in underwriting commercial relationships at $5MM and greater.
• Proficiency in mathematical concepts, in order to apply to practical situations.
• Knowledge of advanced accounting principles and techniques.
• Strong interpersonal and communication skills.
• Bachelor's Degree, preferably in Accounting, Finance, Economics, Business Administration or equivalent professional training.
• Seven (7) or more years of related experience.
• Master's Degree in Business, encouraged but not required.

Benefits

• Mentoring from Senior Credit Officers and mentor junior Underwriters to enhance individual and team credit administration skills.
• Completion of certified banking credit analyst courses or similar training.
• Proficient using BRIDGE, Microsoft Office, financial analysis and risk management software.