Commercial Underwriter

Busey Bank

Base: $75,500 - $100,000pyear; bonus/equity: eligi...
Financial statement spreading and analysis
Debt service coverage ratio calculation
Commercial credit approval request memo preparation
The Commercial Underwriter provides accurate and timely credit underwriting to support the company's portfolio management and new business development efforts

Job Summary

  • The Commercial Underwriter provides accurate and timely credit underwriting to support the company's portfolio management and new business development efforts.
  • This role involves analyzing financial data such as cash flow, liquidity, profitability, and leverage to determine and minimize overall credit risk.
  • Busey Bank offers a competitive Total Rewards package including a 401(k) match, profit sharing, employee stock purchase plan, and comprehensive medical benefits.

Matching Summary

The Commercial Underwriter provides accurate and timely credit underwriting to support the company's portfolio management and new business development efforts.

Salary

Base: $75,500 - $100,000/year; Bonus/Equity: Eligible for bonus or incentives based on performance; Benefits: Competitive total rewards including 401(k), profit sharing, PTO, and health insurance

Skills & Requirements

Must-have

  • Financial statement spreading and analysis
  • Debt Service Coverage Ratio calculation
  • Commercial Credit Approval Request memo preparation
  • Collateral and industry data evaluation
  • nCino system proficiency

Nice-to-have

  • Strong oral and written communication skills
  • Ability to work independently under time pressure
  • Experience accompanying Relationship Managers on calls
  • Multi-tasking capabilities in a fast-paced environment

Key Requirements

  • Bachelor's degree in Business or Finance
  • 3+ years of Commercial Credit experience
  • Proficiency in Microsoft Office Suite

Work Rights

Not specified

Tailored Resume

Cover Letter