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Underwriter IV-Healthcare
Location
United States
Posted
1 day ago
Salary
$120K - $130K / year
Seniority
Mid Level
Job Description
Underwriter IV-Healthcare
First Citizens Bank
Role Description This is a remote role that may only be hired in the following location(s): Maryland. The AVP, Underwriter/Portfolio Manager - Healthcare position supports the Healthcare group by underwriting at an advanced level of complexity for Healthcare portfolios. Responsibilities include: - Providing guidance to structuring, servicing, and analysis for both new and renewal credits. - Identifying, gathering, and reviewing financial information to determine borrower risk ratings and appropriate loan structuring. - Assessing and communicating risks to assist department risk mitigation strategies. - Providing service and support for both associates and clients, participating in client calls, and assisting in identifying cross-sales opportunities. - Assisting special projects as needed to facilitate Healthcare lending activities and service capabilities. - Providing direction to less experienced underwriters in the work group. Qualifications - Bachelor's Degree and 4 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 8 years of experience in Commercial Lending or Credit Analysis, financial statement spreading, preparation of projections, and trailing twelve month analysis. - Preferred: Business, Finance, Economics. - Preferred Area of Experience: Finance, Banking. - Completion of a formal credit training program. Requirements - Underwriting - Underwrites Healthcare accounts according to applicable regulations, procedures, and guidelines. - Analysis - Sources, compiles, and interprets financial data to support structuring and approval of loans. - Risk Management - Identifies risks through reviews, analysis, and research of new and existing Healthcare loans. - Business Support - Prepares credit analysis documentation and partners with associates and clients to determine needs and structuring of new requests. Benefits - The base pay for this position is generally between $120,000.00 and $130,000.00. - 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 Bank is committed to providing a competitive, thoughtfully designed and quality benefits program to meet the needs of our associates.
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