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Amerant Mortgage · 1 day ago

Underwriter - Commercial Real Estate Credit CRE

Plantation, FL, US

Full-time

Hybrid

Senior Level

7+ years exp

Amerant Mortgage is seeking an Underwriter specializing in Commercial Real Estate Credit. The role involves assessing risk factors associated with various Commercial Real Estate transactions and overseeing credit risk management for assigned portfolios.

Financial Services

Responsibilities

Provide transactional support with the creation of credit memos while maintaining clear understanding of the Bank’s credit programs and policy and its adherence. Reports to supervisor all deviation from credit programs and policy

Conduct analysis/underwriting functions, as needed. Provide support on new business activities by screening preliminary data and follow up in obtaining required documentation and conformity to credit underwriting policy of the bank. Prepare documentation, memos, and/or presentation as needed

Perform the annual review of existing credit relationships; Identify necessary risk rating changes, errors or inconsistencies and recommend modifications to risk rating as deemed appropriate. This includes calculating and verifying covenant testing requirements and monitoring loan policy exceptions, as needed

Support the accurate review and evaluation of the financial condition and operating performance of CRE Borrowers for new and existing loan exposures, increases, and modifications of terms/conditions

Support the large & complex financial analysis with a high degree of accuracy in terms of figures and credit risk assessment. Responsibility will also include the proper identification of loan policy exceptions and identification of industry/loan structure specific risks/issues with appropriate mitigating factors

Ability to identify, evaluate, monitor and make any recommendation deemed necessary to the supervisor to assess, reduce, eliminate or control any current or prospective risks to earnings or capital arising from violations of, or nonconformance with, laws, rules, regulations, prescribed practices, internal policies and procedures or ethical standards

Assist in the review and measurement of Bank Borrower’s conformance with legal covenants, tracking of same and the identification of compliance or non-compliance This may include assisting Credit Portfolio Managers and Relationship Managers in collaborating with other bank units such as Credit Administration, Loan Operations, Credit Services, Closing areas, and Credit Risk

Assist in the training process of new underwriters. Specifically, assist the trainees in the following: adopting the operating procedures of the department, mastering the various formats used and the credit criteria applied to the various forms of analysis

Complete or review and provide feedback on spread financial statements, comprehensive analysis, and credit approval packages according to Bank credit programs and policy

Work within the software systems for loan originations, modifications, annual reviews, and other presentations to senior management

Responsible for the administration and monitoring maturities, delinquencies, including criticized assets reports on a regular basis as well as assisting in the identifying any “red flags” or problems within the portfolio. Reports to supervisor all portfolio issues and irregularities found in these reports

Conduct project site visits/inspections and report findings

Provide assistance in other areas within the department, as required, covering during vacation or absenteeism

Ensure preventive measures are carried out to fully comply with current rules, regulations and internal policies relating to risks pertaining to BSA, USA Patriot Act, OFAC and other AML related issues

Assist management with ongoing projects

Any other duties as assigned by the Chief Credit Officer or supervisor

Qualification

Credit underwritingCredit analysisBanking products knowledgeMicrosoft SuiteSQLSalesforceNCinoFIS IBSTime managementOrganizational skillsCommunication skills