Job Description:

Underwriter III

Location

US-PA-Conshohocken

Objective

The Underwriter III requires specialized depth and/or breath of expertise in exercising sound judgementin credit and risk administration. Works independently with guidance in the most complex situations and takes a broad perspective to identify innovative solutions. Communicates concepts and anticipates potential objections from Relationship Managers, Business Directors, Credit Officers and Senior/Executive Leadership and influences others to adopt a different point of view throughout the new loan process. Possesses a burning drive to ensure all Service Level Agreements, regulatory compliance requirements, and Bank's credit risk profiles and profitability are monitored and maintained.

Firstrust Bank is an Affirmative Action Contractor and is an Equal Opportunity Employer.

Minority/Female/Disabled/Veteran

Responsibilities/Duties

Responsible for analyzing underwriting documents with reasonable involvement from the Relationship
Manager.
• Prepares financial models, credit memorandums and has extensive knowledge of credit
  policies with the ability to apply them to a variety of situations


• Exhibits understanding of complex organizational structures, documentation, covenants and/or collateral structures. Provides loan recommendations based on a review of all underwriting criteria for final approval.


• Exercises adherence to internal underwriting processes including timely and accurate data entry to nCino and/or other centralized systems, as well as, maintaining high quality file documentation in a paperless environment.


• Will assist others to solve problems by using analytical thinking to identify solutions and may lead projects with moderate resource requirements, risk and/or complexity.


• The position requires independent decision making within the guidelines of commercial credit risk and practices with minimal management oversight. Errors in judgement or lack of completing work in aroutine and timely manner could have a potentially harmful impact on the Bank's culture and risk
  exposure resulting in monetary loss and therefore accurate application of credit risk and other policies and practices are required
  
  

Knowledge - Skills & Abilities

Business Credit Services: 5-7+ years banking experience, which may include business banking, middle
market and/or specialty commercial banking, commercial banking administration, commercial client sales
and service, commercial banking operations, commercial credit/risk oversight and commercial loan,
documentation/funding/servicing.

Commercial Credit/Financial Analysis: 5-7+ years exhibiting a basic level of knowledge of Business and
Personal financials, loan structuring, commercial products, credit risk, and administration practices and
processes.Ability to maintain good communication and close partnerships across business units and the
broader organization.

General: Comprehensive verbal and written communication skills, able to multitask and function under
pressure to meet deadlines, good organizational skills and customer service, well developed influencing
and negotiation skills.

Technology/Systems Knowledge: Word, Excel, Power Point, spread sheet modeling, presentation
development and delivery skills.Advanced knowledge of different financial modeling systems and
ability to coach others on use of internal systems that may include profitability models, Salesforce and
nCino.