Business Lending Portfolio Underwriter

Please reference the schedule and minimum qualifications listed below before applying.

If you need assistance with filling out our application form or during any phase of the application, interview, or employment process, please notify our Human Resources Team at 801-366-6947 option 1 or email macurecruiting@macu.com and every reasonable effort will be made to accommodate your needs in a timely manner.

Job Summary

Structure, analyze and underwrite less complex (SBA 7(a), 504, and Express loans) in accordance with MACU, SBA, and NCUA rules and regulations, participates in department administration functions, and participates in all aspects of the SBA lending cycle.

Job Description

LOCATION

Mountain America Center - In Office:

9800 S Monroe St
Sandy, UT 84070

SCHEDULE

Full Time

To be effective, an individual must be able to perform each job duty successfully:

• Underwrites traditional commercial loans; prepares credit presentations, documenting credit analyses and recommendation for credit decision to approving authority.
• Prepares timely, concise and accurate credit recommendations with supervision. Includes: (1) quantitative components within the underwriting narrative; (2) accurate use of risk rating scoring matrix, both quantitative and qualitative rating elements, to ensure loans are properly risk-rated; and (3) accurate identification and mitigation of risk, including all policy exceptions, procedures and compliance regulations.
• Has a general understanding of underwriting processes per MACU standards.
• Understands and demonstrates good written communication relating to credit presentations, addendums and other related forms of written communication.
• Analyzes repayment ability including business and personal cash flow.
• As applicable, performs financial ratio analysis comparative to industry standards.
• Performs financial stress testing analysis.
• Reviews and interprets personal and, as applicable, business credit reports.
• Prepares commitment letters.
• Reviews professional commercial real estate appraisals and associated third party reviews.
• Reviews professional environmental reports and assesses environmental risk.
• Analyzes commercial leases and or rent rolls.
• Assists with satisfying loan closing requirements.
• Reviews annual financials on existing loans and analyzes the risks associated with the borrower's financial condition, recommending risk-rating changes where appropriate.
• Ensures regular communication through the origination process with loan officers, management and team members.
• Supports team members to ensure excellent member service both internally and externally.
• Manages up to three loan requests at a given time.
• Works together with team members to accomplish monthly, quarterly and annual goals.
• Maintains working knowledge of MACU policies and procedures, adhering to industry lending regulations.
• Performs other duties as assigned.

KNOWLEDGE, SKILLS, and ABILITIES

The requirements listed are representative of the knowledge, skills, and/or abilities required.  Reasonable accommodations may be made to enable individuals with disabilities to perform the essential job functions.

Experience

Two years underwriting experience in a progressive financial setting or two years of CRE Lending operational experience. Both are preferred.

Education

Bachelor's degree from an accredited institution in business, finance, economics or related field or equivalent related lending/financial experience. Education will be verified. Additional progressive professional experience may be substituted in lieu of a degree.

Licenses, Certifications, Registrations

N/A

Managerial Responsibility

Has no supervisory/managerial responsibilities.

Computer/Office Equipment Skills

• Experience with financial reporting or tax analysis software preferred.
• Intermediate skills with Microsoft Office Suite including Outlook, Word, and Excel.

Language Skills 

• Ability to clearly express ideas, methodology, results and recommendations verbally, in writing and through insightful reports and graphic illustrations.
• Ability to present information in a manner appropriate for key stakeholders and all levels of the organization.

• Strong writing and grammatical skills relating to preparing credit memos, addendums, memorandums, and all forms of written communication.

Other Skills and Abilities

• Unquestioned personal and professional integrity.
• Ability to work both autonomously and collaboratively in a fast-paced environment.
• Self-starter with strong organizing and time management skills and the ability to work productively and efficiently in a fast-paced environment with multiple projects and timelines.
• Adaptive to change, responds positively to altered circumstances or conditions.
• Possess a desire and willingness to learn and continually update knowledge base on financial concepts, strategies, systems etc.
• Take initiative to be a problem solver and provide suggestions to improve processes and efficiencies.
• Data analytics and data validation skills and proficiency in business data analysis (MS Excel, etc.).

PHYSICAL ABILITIES / WORKING CONDITIONS

Physical Demands

Ability to sit, talk and hear consistently

Ability to stand, walk, and use hands to handle or reach occasionally

Vision Requirements

Close vision (clear vision at 20 inches or less)

Distance vision (clear vision at 20 feet or more)

Weight Lifted or Force Exerted

Ability to lift up to 10 pounds occasionally

Environmental

There are no unusual environmental factors (such as a typical office)

Noise Environment

Moderate noise (business office with computers and printers, light traffic)

Mountain America Credit Union is an EEO/AA/ADA/Veterans employer.