Commercial Loan Underwriter

The Commercial Loan Underwriter is responsible for independently analyzing, underwriting, and recommending credit decisions for commercial lending relationships in accordance with bank policy, regulatory guidance, and safe-and-sound banking practices. The role evaluates the creditworthiness of borrowers, assesses repayment capacity, analyzes collateral protection, identifies risks, and prepares comprehensive credit memorandums to support lending decisions while maintaining strong asset quality and regulatory compliance.

Key Responsibilities\:

Credit Analysis & Underwriting

 ·Analyzes commercial loan requests, which may include C&I, owner-occupied real estate, investor real estate, construction, and specialty lending.

·Evaluate borrower and guarantor financial strength through detailed analysis of\:

oHistorical and projected financial statements

oTax returns

oCash flow and debt service coverage

oLiquidity, leverage, and profitability metrics

oIndustry and market conditions

·Assess repayment sources and identify potential credit risks.

·Determine appropriate loan structures, terms, covenants, collateral requirements, and guarantor support.

·Ensure underwriting recommendations align with the Bank's risk appetite and credit culture.

Credit Risk Assessment

·Assign and recommend risk ratings consistent with regulatory guidance and bank policy.

·Identify emerging risks and concentrations by industry, geography, collateral type, and borrower relationship.

·Evaluate sensitivity to economic, market, and interest rate changes.

Loan Structuring & Documentation

·Prepare detailed credit approval memorandums and underwriting analyses.

·Verify completeness and accuracy of borrower financial information and supporting documentation.

·Review appraisals, environmental reports, credit reports, UCC filings, collateral documentation, and other due diligence materials.

·Confirm compliance with approved loan structures and internal lending authorities.

Regulatory Compliance

·Ensure all underwriting activities comply with\:

oOCC regulations and guidance

oSafe and Sound Banking Practices

oBank Secrecy Act (BSA)

oAnti-Money Laundering (AML) requirements

oCommunity Reinvestment Act (CRA), where applicable

oInternal credit policies and procedures

Portfolio Management Support

·Participate in annual reviews, renewals, modifications, and portfolio monitoring.

·Recommend risk mitigation strategies as needed.

Competencies Required\:

·Strong understanding of\:

oCommercial credit analysis

oFinancial statement analysis

oCash flow modeling

oCommercial loan structuring

oRisk rating methodologies

oCommercial real estate and C&I lending

·Excellent written and verbal communication skills.

·Strong analytical and problem-solving abilities.

·Ability to work independently and manage multiple priorities in a deadline-driven environment.

·Proficiency in commercial spreading and credit analysis software.

The Commercial Loan Underwriter is responsible for independently analyzing, underwriting, and recommending credit decisions for commercial lending relationships in accordance with bank policy, regulatory guidance, and safe-and-sound banking practices. The role evaluates the creditworthiness of borrowers, assesses repayment capacity, analyzes collateral protection, identifies risks, and prepares comprehensive credit memorandums to support lending decisions while maintaining strong asset quality and regulatory compliance.

Key Responsibilities\:

Credit Analysis & Underwriting

 ·Analyzes commercial loan requests, which may include C&I, owner-occupied real estate, investor real estate, construction, and specialty lending.

·Evaluate borrower and guarantor financial strength through detailed analysis of\:

oHistorical and projected financial statements

oTax returns

oCash flow and debt service coverage

oLiquidity, leverage, and profitability metrics

oIndustry and market conditions

·Assess repayment sources and identify potential credit risks.

·Determine appropriate loan structures, terms, covenants, collateral requirements, and guarantor support.

·Ensure underwriting recommendations align with the Bank's risk appetite and credit culture.

Credit Risk Assessment

·Assign and recommend risk ratings consistent with regulatory guidance and bank policy.

·Identify emerging risks and concentrations by industry, geography, collateral type, and borrower relationship.

·Evaluate sensitivity to economic, market, and interest rate changes.

Loan Structuring & Documentation

·Prepare detailed credit approval memorandums and underwriting analyses.

·Verify completeness and accuracy of borrower financial information and supporting documentation.

·Review appraisals, environmental reports, credit reports, UCC filings, collateral documentation, and other due diligence materials.

·Confirm compliance with approved loan structures and internal lending authorities.

Regulatory Compliance

·Ensure all underwriting activities comply with\:

oOCC regulations and guidance

oSafe and Sound Banking Practices

oBank Secrecy Act (BSA)

oAnti-Money Laundering (AML) requirements

oCommunity Reinvestment Act (CRA), where applicable

oInternal credit policies and procedures

Portfolio Management Support

·Participate in annual reviews, renewals, modifications, and portfolio monitoring.

·Recommend risk mitigation strategies as needed.

Competencies Required\:

·Strong understanding of\:

oCommercial credit analysis

oFinancial statement analysis

oCash flow modeling

oCommercial loan structuring

oRisk rating methodologies

oCommercial real estate and C&I lending

·Excellent written and verbal communication skills.

·Strong analytical and problem-solving abilities.

·Ability to work independently and manage multiple priorities in a deadline-driven environment.

·Proficiency in commercial spreading and credit analysis software.

Minimum Qualifications/Experience\:

·2+ years of commercial credit analysis/underwriting experience

·Experience underwriting middle-market, commercial real estate, and/or C&I lending relationships.

Formal Education & Certification\:

·Bachelor's degree in Finance, Accounting, Economics, Business Administration, or related field.

·Advanced credit analyses preferred.

Work Status\:

·Full-Time.

Supervisory Responsibility\:

·Four or more direct reports

Travel\:

·No overnight travel expected

Working Conditions\:

·Conditions involve lifting no more than ten pounds, sitting, but may involve walking, moving, or standing for brief periods, and occasionally lifting and carrying articles like files, ledgers, folders, etc.

Disclaimer\:

This job description is not a comprehensive listing of activities, duties or responsibilities required of the employee. Nothing herein restricts management’s right to assign or reassign duties and responsibilities to this job at any time.

Minimum Qualifications/Experience\:

·2+ years of commercial credit analysis/underwriting experience

·Experience underwriting middle-market, commercial real estate, and/or C&I lending relationships.

Formal Education & Certification\:

·Bachelor's degree in Finance, Accounting, Economics, Business Administration, or related field.

·Advanced credit analyses preferred.

Work Status\:

·Full-Time.

Supervisory Responsibility\:

·Four or more direct reports

Travel\:

·No overnight travel expected

Working Conditions\:

·Conditions involve lifting no more than ten pounds, sitting, but may involve walking, moving, or standing for brief periods, and occasionally lifting and carrying articles like files, ledgers, folders, etc.

Disclaimer\:

This job description is not a comprehensive listing of activities, duties or responsibilities required of the employee. Nothing herein restricts management’s right to assign or reassign duties and responsibilities to this job at any time.

Strong Culture built on our Core Values: Integrity, Ownership, Service and Community. It’s not just talk. We walk the walk, from the CEO to front-line employees.

Be an Owner and take control of your future with our Employee Stock Ownership Plan (ESOP), where your hard work translates into real ownership and an opportunity to share in the growth of Woodforest.

401(k) Company Match in ESOP
Woodforest adds 50₵ for each $1 you save (up to 6% eligible pay). The match is made in Woodforest stock held in your ESOP account.

Opportunities for Long-Term Growth
Take advantage of growth opportunities and professional development to advance in your career.

Banking Products & Services providing convenience, financial savings, and enhanced support to help you achieve your financial goals.

Competitive Base Pay and regular compensation reviews to ensure you continue to earn competitive pay.

Paid Time Away Branch Banking employees are offered PTO. Corporate employees are offered paid vacation and sick time.

Medical Coverage 12 comprehensive plans available at an affordable cost!

Short and Long-Term Disability & Life, AD&D Insurance 100% paid for by Woodforest plus other benefits available that will help ensure you and your family are confident and well-prepared for whatever comes your way.

Well-being Program (Employee Assistance Program) that helps you take care of your physical, mental, and financial health.

Resource Champions are available to connect you to comprehensive services including expert banking, wealth planning, ESOP, health & wellness programs, impactful community involvement & financial literacy education.

This information highlights our rewards and benefits but is not a complete description of our total rewards program. Woodforest reserves the right to modify, amend, suspend, or terminate any reward or benefit at any time for any reason. If there is a conflict between the information and the actual plan documents or policies, the documents or policies will always govern. The information should in no way be construed as a promise or guarantee of employment.