Commercial Underwriter III at First Financial Bank in Cincinnati, Ohio

Posted in Banking 10 days ago.

Job Description:

We do the right things, right now. We do them in a way that is relevant to our clients. Become a part of our history as it continues to be written!

If you are interested and qualified for this role, we invite you to apply.

Essential Functions/Responsibilities:
• Performs financial analysis and risk assessment for the commercial credit portfolio with a focus on the Bannockburn Global Foreign Exchange (FX) credit portfolio, as well as Commercial and Industrial (C&I)
• Review FX trading exposures and analyzes credit information to make a general assessment of the client or prospect's creditworthiness. Determines whether or not the proposed FX trading exposure will conform to the Bank's FX and lending policies. Provide feedback to the Business Unit Manager, President and Commercial Credit Officer (CO), as appropriate, regarding the structure, underwriting, and management of FX trading exposures. Maintain on-going communication with all appropriate management on the status of transactions.
• Spread statements for all new business opportunities and renewals not assigned to credit portfolio analyst. Financial spreading and borrower risk rating template preparation for pre-screen/opportunity memo for prospects and new loans to existing clients.
• Prepare credit memos (CARs) for new renewal and review requests primarily on FX clients, including those going before the Senior Credit Committee.
• Work with the global Bannockburn FX team and Commercial Relationship Managers (RM) in the preparation of complete and accurate CARs for presentation to the appropriate credit authorities for decisions on transaction credit requests and reviews. Attendance of loan committees when a CAR is being presented. Finalization of changes to CAR and verification of approval process in accordance with FFB policy.
• Work directly with the FX Credit Officer , Relationship Managers, Business Unit Managers, and Presidents in the respective line of business. Includes attending local / regional meetings as necessary.
• Focus on new and existing FX clients and larger and/or more complex C&I renewal transactions.
• Serve as additional point of contact on FX relationships credits and be present with RM in discussions with client on financial statement questions. Assist RM/RA in maturity tracking for the portfolio. In conjunction with the CO, lead in the preparation of periodic portfolio reports assessing on-going risk.
• Assist in the management of workflow and assigned credits. Additionally, this associate's responsibilities may include helping mentor, train and guide other Underwriters as needed.
• Assist on special projects as needed

Minimum Knowledge, Skills, and Abilities Needed to Perform Essential Functions of the Job:
  • Requires at least 5 years of credit or Business Banking underwriting experience
  • Foreign Exchange experience or background is preferred but not required
  • Proficiency in mathematical concepts, in order to apply to practical situations.
  • Knowledge of advanced accounting principles and technique
  • Strong interpersonal and communication skills
  • Bachelor's Degree, preferably in Accounting, Finance, Economics, Business Administration or equivalent professional training
  • Three or more years of related experience
  • Master's Degree in Business, encouraged but not required

Preferred Knowledge and Skills:
  • Foreign Exchange underwriting

Physical Requirements:
• Occasionally lifts and carries up to 20 lbs.
• Occasionally stand and walks.
• Frequently sits.

Development and Training:
  • Mentor with Credit Underwriters and Managers to understand other credit administration functions
  • Work closely with Credit Officers to further develop reasoning skills
  • Completion of certified banking credit analyst courses or similar training
  • Proficient using Windows, Microsoft Office, financial analysis and risk management software

Compliance Statement: The associate is responsible for meeting all compliance requirements imposed on First Financial Bank by State and Federal law and regulation, as well as all related First Financial Bank policies and procedures. This includes all Bank Secrecy Act, Anti-Money Laundering, OFAC and Suspicious Activity reporting requirements, as well as all other lending and deposit compliance requirements.

It is our policy to not discriminate against any individual in violation of federal, state, and local laws as it relates to age, race, color, religion, national origin, sex, marital status, pregnancy, gender identity, disability, sexual orientation, genetic information, veteran/military service, or any other characteristic protected by law.

We are an E-Verify Employer.