Job Title: VP Senior Credit Underwriter
We are a full-service community bank looking for an experienced VP Senior Credit Underwriter to join our team in the Duluth area.
What We Offer:
Competitive salary and benefits
Health, dental, and life insurance
401(k) with employer match
Paid time off (PTO)
Qualifications:
Bachelor’s degree or higher
At least 10 years of experience in credit underwriting
Knowledge of lending operations and closing procedures
Proficiency in Microsoft Office Suite
Ability to work in a fast-paced environment
Experience in commercial underwriting (not mortgage)
Responsibilities:
Underwriting & Loan Evaluation:Work with Loan Officers and clients to review new and renewal loan applications.
Collect and analyze financial documents for credit approval.
Conduct initial credit assessments or escalate complex cases as needed.
Prepare credit reports with financial analysis and recommendations.
Ensure all documentation meets compliance and internal policies.
Assess loan details, including:
Amortization schedules
Loan-to-value ratios
Interest rates and fees
Analyze financial statements, tax returns, and cash flow projections.
Identify discrepancies in financial data and address concerns.
Research industry trends and compare borrower performance to peers.
Evaluate business history, management experience, and guarantor support.
Assist loan closers in gathering required documentation.
Keep accurate records and follow proper filing procedures.
Mentor new hires and support training efforts.
Stay updated on banking regulations and complete required training.
Attend meetings and contribute to process improvements.
Perform other duties as assigned by management.
Work Schedule:
In-office position