Commercial Credit Underwriter ll

Commercial Credit Underwriter II

At VyStar, we offer competitive pay, an excellent benefit package that includes a 401(k) Plan, an extensive paid technical and on-the-job training program, and tuition reimbursement to all full and part time employees. Part time positions start at a minimum of 30 hours per week. We encourage you to become a part of VyStar Credit Union's family of employees.

Incumbent's primary function is to effectively underwrite, analyze, and assess the risks for proposed and funded member business credits. The incumbent must effectively utilize their judgment, skills, and experience while analyzing complex business credit files including identifying financial trends, risks, and strengths / weaknesses. The incumbent must be highly knowledgeable regarding standard underwriting procedures, interpretation of financial data, appraisal reports, environmental assessment reports, and be proficient in interpreting legal documents to minimize risk to VyStar and within the portfolio. The incumbent must be knowledgeable of business lending state and federal regulations, as well as VyStar's policies and procedures, and apply this knowledge during their analysis of business credit requests and annual reviews to maintain compliance. The Commercial Credit Underwriter II will be responsible for underwriting and analyzing the larger and more complex business credits and, at times, reviewing credit files completed by the Commercial Credit Underwriter I.

Essential Job Functions :

• Responsible for the independent, objective underwriting and review of business credits (Real Estate up to $8,000,000, lines of credit up to $250,000, equipment greater than $500,000 but less than $1,000,000 and vehicles up to $500,000).
• Possess an advanced understanding of all documentation submitted by borrower and / or prepared by VyStar to determine risks involved and clearly communicate analysis to proper loan approval authority.
• Assure credit quality is maintained throughout the business loan portfolio, including the maintenance of ticklers, reports, and forms.
• Continued education regarding the current and future economic conditions of industries borrowing money from VyStar Credit Union.
• Assemble pertinent information and reports for the Business Credit and Servicing Manager as required.
• Identify and make recommendations for process improvements, increased efficiencies, and quality service to ensure timely loan decisions.
• Maintain an ongoing knowledge of current regulatory, policy, and procedure changes.
• Perform to all established metrics, goals, and standards as outlined by department management and in VyStar Policy and Procedure.
• Work together with peers and management to provide quality service during both internal and external engagements.
• Perform annual loan reviews of existing portfolio to determine continued repayment capacity and potential risks.
• Responsible for thorough review and analysis of all appraisal reports and environmental assessment reports with all findings being documented and reported to the loan approving authority.
• Conduct annual field audits (collateral inspections) of existing portfolio to analyze collateral risk as required.
• Adhere to VyStar Credit Union and departmental policies and procedures.
• All employees and business units, as first line of defense, are expected to proactively help identify, assess, manage, and report risks within their domain of work. To enhance a healthy risk culture and support our growth for good pillar, employees will maintain vigilance in safeguarding our operations while ensuring compliance with regulatory mandates. The Risk team serves as the second line of defense by providing risk oversight and credible challenge whereas the Audit team serves as the third line of defense by providing risk assurance.

Incumbent is expected to demonstrate each of the following VyStar Excellence behaviors in performing the duties and responsibilities of their job :

Job Qualifications : Education :

Knowledge, Skills, and Abilities :

Disclaimers and Work Environment :

VyStar Credit Union is not seeking outside assistance or accepting unsolicited resumes from staffing agencies or search firms for employment or contractor opportunities. Any resumes submitted by an outside vendor to any employee at VyStar via e-mail, internet, or directly to hiring managers without a valid written search agreement with the Talent Acquisition / HR department will be deemed the sole property of VyStar Credit Union. No placement fee will be paid if a candidate is hired as a result of the referral, or through other means. Thank you for your inquiry regarding our current job opening. Your resume will be carefully reviewed against the position requirements. Should your experience and skills match, you will be contacted by one of our Human Resources department staff members.

Thank you again for your interest in this position!