Commercial Loan Underwriter

Summary

Join TBL Fund, a national non-profit CDFI, as a Commercial Loan Underwriter! Conduct credit analysis on loan applicants, evaluating their repayment ability and determining risk. You will create loan documents, including credit memos and term sheets. This remote position requires 3 years of commercial loan underwriting experience and a bachelor's degree in a relevant field. We offer a collaborative work environment, flexible schedules, and a comprehensive benefits package including health, dental, life, vision, and short-term disability insurance, a 403b retirement plan, and unlimited PTO.

Requirements

• 3 years of experience underwriting commercial loans
• Bachelor's degree in accounting, finance, or similar

Responsibilities

• Review and prepare loan packages to make sure files are complete and organized
• Perform in-depth financial analysis of clients applying for loans
• Make recommendations regarding credit decisions, risk ratings, loan pricing, and credit structure to management in line with company rules and guidelines
• Prepare final loan documents for closing and ensure all documents are complete
• Aid in review and maintenance of existing business loan accounts
• Work with Commercial Lending Team to prepare business proposal packages for prospective accounts
• Develop familiarity with all lending policies and procedures of TBL Fund
• Understand and follow all CDFI industry regulations and guidelines

Preferred Qualifications

• Experience in the clean energy industry
• Experience with commercial underwriting software
• Experience working with Sales teams to prepare proposals for prospective clients
• Familiarity with lending policies and procedures of banks or CDFIs or Credit Unions
• Understanding of CDFI industry regulations and guidelines

Benefits

• Company Health, Dental, and Life Insurance plan for the employee at no cost!
• Available Vision and Short-Term Disability Insurance
• 403b Retirement Savings Plan available on day 1
• Unlimited PTO Plan