Busey Bank

Community bank offering deposits and loans

Commercial Underwriter 2 - Energy

Retail & Commercial BankingConfirmed live in the last 24 hours

Full-timeIn-person

About the Job

Requirements

A bachelor's degree with a concentration in Business or Finance is required.
At least five years of Commercial Credit experience is required.
At least two years of experience in a Commercial Underwriter role is required.
Strong oral and written communication skills are required.
Proficiency in Microsoft Office is required.
Knowledge of financial accounting is required.
Ability to multitask and work independently is required.
Ability to analyze and solve problems is required.
Ability to take independent action within established guidelines and develop new procedures and approaches when needed is required.
Ability to perform duties under frequent time pressures is required.

Responsibilities

Provide accurate, timely, and succinct credit underwriting to support portfolio management and new business development efforts for assigned Relationship Managers, focusing on energy loans and supporting the Energy Team.
Spread and analyze financial statements, including calculating Debt Service Coverage or Fixed Charge Coverage Ratios according to company guidelines.
Use financial data such as cash flow, liquidity, profitability, and leverage to determine and minimize the overall risk of extending credit to businesses and individuals.
Work with Commercial Relationship Managers or other Lending staff to prepare clear and concise Commercial Credit Approval Request memos, including pertinent information about overall loan risk and borrower strengths and weaknesses.
Evaluate collateral, industry data, and other relevant credit information.
Assist with portfolio management duties, including testing financial covenants, monitoring monthly borrowing base reports, and preparing portfolio reviews and sensitive asset reports as assigned.
Assist Commercial Relationship Managers with preparing opportunity memos for new and existing relationships.
Maintain working knowledge of the Commercial Banking Loan Policy and systems, including nCino.
Assist in the sales process, including accompanying Relationship Managers on customer and prospect calls.
Approve loans within defined authority levels and recommend approval for loans outside those levels.
Participate in pipeline meetings to develop knowledge of prospective opportunities and upcoming renewals.
Perform other duties or special projects as assigned.
Perform duties under minimal supervision, demonstrate independent thinking, and handle complex issues.

Position Summary

The Commercial Underwriter II provides accurate, timely, and succinct credit underwriting to support the company’s portfolio management and new business development efforts for the Relationship Managers they are assigned to support. This role will focus on energy loans and supporting the Energy Team.

Duties & Responsibilities

Financial statement spreading and analysis, including calculation of Debt Service Coverage or Fixed Charge Coverage Ratios per Busey guidelines.
Use financial data such as cash flow, liquidity, profitability, and leverage to determine and minimize the overall risk of extending credit to businesses and individuals.
Work with Commercial Relationship Managers or other Lending staff to prepare clear and concise Commercial Credit Approval Request (CCAR) memos including pertinent information associated with the overall risk of the loan, identifying the strengths and weaknesses of the Borrower.
Evaluate collateral, industry data and other relevant credit information.
Assist with Portfolio Management duties to include testing financial covenants, monitoring monthly borrowing base reports, preparing portfolio reviews and sensitive asset reports, as assigned.
Assist Commercial Relationship Managers with the preparation of opportunity memos for new and existing relationships.
Maintain a working knowledge of the Commercial Banking Loan Policy and systems, including nCino.
Assist in the sales process, including accompanying Relationship Managers on customer and prospect calls.
Approve loans that are within defined authority levels; recommend loan approval outside of defined authority levels.
Participate in pipeline meetings to develop knowledge of prospective opportunities as well as upcoming renewals.
Assist with other duties or special projects as assigned.
Performs all outlined duties under minimal supervision.
Demonstrates independent thinking and handles complex issues.

Education & Experience

Knowledge of:
Strong oral and written communication skills
Proficiency in Microsoft Office
Knowledge of financial accounting
Ability to:
Multi-task and work independently
Analyze and solve problems
Take independent action within established guidelines and develop new procedures and approaches when needed
Perform duties under frequent time pressures
Education and Training:
Requires Bachelor’s degree with a concentration in Business or Finance.
Requires 5 or more years of Commercial Credit experience.
Requires 2 or more years of experience in the Commercial Underwriter role.

Compensation and Benefits

Salary offered is based on factors, including but not limited to, the job duties, required qualifications and relevant experience, and local market trends. The role may be eligible for bonus or incentives based on company and individual performance.

(Base Pay Range: $85,000 - $115,000/ year)

Busey provides a competitive Total Rewards package in return for your time, talents, efforts and ultimately, results. Your personal and professional well-being—now and in the years to come—are important to us. Busey’s Total Rewards include a competitive benefits package offering 401(k) match, profit sharing, employee stock purchase plan, paid time off, medical, dental, vision, company-paid life insurance and long-term disability, supplemental voluntary life insurance, short-term and long-term disability, wellness incentives and an employee assistance program. In addition, eligible associates may take advantage of pre-tax health savings accounts and flexible spending accounts. Visit BuseyTotal Rewardsfor more information.

Equal Opportunity

Busey values a diverse and inclusive workplace and strives to recruit, develop and retain individuals with exceptional talent. A team with diverse talent, working together, is essential to Busey’s commitment of delivering service excellence. Busey is an Equal Opportunity Employer including Disability/Vets. VisitBusey.com/Careersto learn more about Busey’s Equal Opportunity Employment.

Unsolicited Resumes

Busey Bank, and its subsidiaries, does not accept any liability for fees for resumes from recruiters or employment agencies ("Agency"), without a binding, written recruitment agreement between Busey and Agency describing the services and specific job openings ("Agreement"). Busey may consider any candidate for whom an Agency has submitted an unsolicited resume and explicitly reserves the right to hire those candidate(s) without any financial obligation to the Agency, unless an Agreement is in place. Any email or verbal contact with any Busey associate is inadequate to create a binding agreement. Agencies without an Agreement are requested not to contact any associates of Busey with recruiting inquiries or resumes. Busey respectfully requests no phone calls or emails.

About the Company

Busey Bank

Community bank offering deposits and loans

Busey Bank provides traditional community banking services for individuals and local businesses, including deposits, loans, and digital banking. Customers access services through branches, ATMs, and online platforms, with deposits funding loans and other financial activities. The bank differentiates itself through deep community roots and strategic growth, including the 2025 acquisition of CrossFirst Bankshares to expand its geographic reach while preserving local decision-making. Its goal is to support communities by offering reliable financial services and prudent risk management as it grows its footprint.

Company size: 501-1,000
Company stage: IPO
Headquarters: Champaign, IL
Founded: 1868

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