Dime Community Bank · 1 day ago
Underwriting Associate
Hauppauge, NY
Full-time
Onsite
New Grad, Entry Level
$75K/yr - $95K/yrDime Community Bank is currently hiring for an Underwriting Associate at its Headquarters in Hauppauge, Long Island. The Underwriter Associate will evaluate the credit worthiness of clients and determine their ability to repay loans and lines of credit including those used to purchase/refinance real estate, or to provide working capital for businesses.
BankingCommercial LendingCommunitiesWealth Management
Responsibilities
Provide underwriting analysis and evaluate risk ratings for existing and new credit proposals, including multi-family/mixed-use properties held for investment, owner-occupied commercial real estate, C&I business loans and SBA financing. This would include:
Cash flow analyses (e.g., business, personal and global) to evaluate the borrower's loan repayment ability
Analyzing balance sheets and gauging the financial strength of loan applicants
Establishing loan covenants, financial reporting conditions and approval conditions
Assessing collateral coverage by reviewing appropriate third-party reports
Understanding credit policy, identifying policy exceptions and the suitability of mitigants in credit evaluations
Evaluate third-party underwriting proposals for prospective loan participations
Proactively communicate with loan officers, brokers, and clients during the underwriting process
Provide ad-hoc analytical reporting and support for senior management as needed
Qualification
Required
Bachelor's degree or equivalent experience; or equivalent combination of education and experience
Basic courses in, or on the job experience with exposure to Accounting and Financial Statements
Ability to work independently to gather, consolidate, analyze, and summarize data based on training provided
Strong knowledge of Microsoft Office (especially Excel)
Effective time management, written and oral communication skills
Company
Dime Community Bank
Dime Community Bank provides Multifamily Lending, Commercial, Business Banking, Personal Banking, and Residential Lending.
Founded in 1864
501-1000 employees
Funding
Current Stage
Public CompanyTotal Funding
$201M2024-11-12Post Ipo Equity· $136M
2024-06-26Post Ipo Debt· $65M
1997-01-03IPO
Leadership Team
Stuart Lubow
Chief Executive Officer
J
Judy Wu
EVP, General Counsel & Corporate Secretary
Recent News
Dime Community Bancshares, Inc.
2025-11-19
Dime Community Bancshares, Inc.
2025-11-10
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