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Commercial Credit Underwriter

Company: VirtualVocations
Location: Elgin
Posted on: July 9, 2024

Job Description:

A company is looking for a Commercial Credit Underwriter.



Key Responsibilities:

Review and analyze loan application documents for completeness, creditworthiness, and compliance
Prepare detailed credit memorandums including financial analysis, repayment ability calculation, and industry research
Conduct underwriting calls with borrowers and coordinate 3rd party reports into credit analysis


Qualifications and Education:

Minimum of 3 years' experience in credit analysis and underwriting of commercial loans
Formal bank Credit Training Program or RMA Credit Courses
Bachelor's degree in Finance, Accounting, Mathematics, or Economics
Proficient with Microsoft Office products
SBA 7A and/or 504 Credit & Underwriting experience preferred

Keywords: VirtualVocations, Elgin , Commercial Credit Underwriter, Other , Elgin, Illinois

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