MetaBank Commercial Underwriter III - Commercial Lending in Sioux Falls, South Dakota
DescriptionJob Summary: Responsible for underwriting loans in a timely manner resulting in an acceptable level of credit risk and an appropriate risk return relationship. Facilitate the booking of new loans, ensuring that customers understand our requirements and their responsibilities; manage the entire underwriting process through closing and affect a "smooth" transition to the Account Executive. Essential Job Functions: * Underwrite the entire spectrum of lending products, regardless of size or complexity, in a timely and efficient manner.* Understand credit policies and minimum underwriting standards.* Work closely with the various Business Development Officers in order to provide a "consultative/value-added" credit perspective, both prior to proposal issuance and always thereafter.* Review and analyze new deal packages for content and completeness and conduct initial "interview" with prospect.* Order and review due diligence and documentation.* Review and analyze financial statement spreads and understand flows of cash.* Review field examinations and understand collateral and financial trends indicated therein.* Visit prospect location and meet management of the business prior to closing, for transactions over a predetermined amount.* Gain thorough understanding of the Prospect's business and the company's asset conversion cycle.* Review reporting requirements and processing with client.* Analyze debtor information in conjunction with Debtor Credit Manager.* Prepare the credit narrative for appropriate approval.* Conduct and document the pre-funding confirmation process and oversee the efforts of the Client Analyst assigned to the transaction.* Oversee closing documentation process and be able to effectively negotiate documents with prospect.* Mentor and train analysts, field examiners, and less experienced business development representatives.* Perform other ad-hoc functions, projects, etc. for other areas of the bank as required.* Other duties as assigned.Job Qualifications: * Typically, 8+ years' experience with bachelor's or equivalent.* Minimum 5-7 years of secured lending experience, with demonstrated strong credit management skills.* Thorough knowledge of secured lending with skill set to underwrite large or small transactions for both factoring as well as Asset Based deals.* In addition to lending experience indicated above, an Asset-Based field examination background is preferred. To succeed in this role, an individual must be able to perform each essential job function satisfactorily. The requirements listed in this description are representative of the knowledge, skill and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential job functions.Note: Management reserves the right to assign or reassign functions and responsibilities to this job description at any time.MetaBank is an Equal Opportunity Employer/Disabled/VeteransWe are a team of problem solvers and innovators who celebrate our differences and know that our unique perspectives make us stronger and well-positioned for success. Our commitment to inclusion is woven into our DNA. We believe that we are strongest when we embrace the voices of our employees, customers, partners, and the communities we serve. Were proud to be an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, ethnicity, religion, age, sexual orientation, national origin, gender identity, disability, or protected veteran status.