This is a hybrid role, with the expectation that time working will regularly take place inside and outside of a company office. The Undewriting II supports the Real Estate Finance (REF) team through underwriting, analysis, and structuring recommendations for REF portfolios. Identifies, gathers, and reviews financial information to determine borrower risk ratings and appropriate loan structuring. Assesses and communicates risks within new and existing REF accounts. Provides service and support fo... more details
Overview This is a hybrid role, with the expectation that time working will regularly take place inside and outside of a company office. The Undewriting II supports the Real Estate Finance (REF) team through underwriting, analysis, and structuring recommendations for REF portfolios. Identifies, gathers, and reviews financial information to determine borrower risk ratings and appropriate loan structuring. Assesses and communicates risks within new and existing REF accounts. Provides service and support for both associates and clients, assisting in customer calls. Responsibilities Underwriting - Underwrites REF accounts according to applicable regulations, procedures, and guidelines. Reviews financial statements, communicates with clients or prospects, and performs analysis to recommend credit grades and appropriate loan structuring. Ensures all involved parties are updated on underwriting progress and outcome. Analysis - Sources, compiles, and interprets financial data to support structuring and approval of loans. Reviews industry information and comparisons, key risks and mitigants, and collateral to form a general business overview of the borrower. Utilizes results of analysis to underwrite REF loans. Risk Management - Identifies risks through reviews, analysis, and research of new and existing REF loans. Communicates identified risks, review schedule, and potential changes in the REF portfolio. Business Support - Prepares credit analysis documentation. Partners with associates and clients to determine needs and structuring of new requests, participating in client and prospect calls as needed. Qualifications Required Bachelor's Degree and 1 years of experience in Commercial Lending or Credit Analysis, financial statement spreading, preparation of projections, and trailing twelve month analysis. OR High School Diploma or GED and 5 years of experience in Commercial Lending or Credit Analysis, financial statement spreading, preparation of projections, and trailing twelve month analysis. Preferred Preferred Education: Bachelors Preferred Area of Study: Business, Finance, Economics Preferred Area of Experience: Finance, Banking Skill(s): Completion of a formal credit training program If hired in California the base pay for this position is generally between $110,000 and $110.000. Actual starting base pay will be determined based on skills, experience, location, and other non-discriminatory factors permitted by law. For some roles, total compensation may also include variable incentives, bonuses, benefits, and/or other awards as outlined in the offer of employment. First Citizens benefits programs are designed to meet our associates where they are in life. Full-time associates (20+ hours) are offered a comprehensive benefits program, with customized offerings, including those designed to support families, however defined. More information regarding our benefits offerings can be found here: https://jobs.firstcitizens.com/benefits
