First Merchants Bank: Your Opportunity to Shine as a Business Banking Underwriter I
First Merchants Bank, a leading financial institution, is actively looking for a dynamic, detail-oriented, and analytical individual to fill the position of Business Banking Underwriter I. The successful candidate will play a pivotal role in the bank’s credit risk assessment team. If you are passionate about finance, possess an analytical mindset and have a knack for assessing credit risks, then this might be the perfect opportunity for you!
Key Responsibilities of a Business Banking Underwriter I
As a Business Banking Underwriter I, you’ll be entrusted with a range of responsibilities. Your primary role will be to review credit data to evaluate the bank’s most complex commercial loan requests. This involves making informed decisions to approve or deny applications within individual lending authority.
Moreover, you’ll analyze various sources of financial information, such as tax returns, financial statements, and credit bureaus. You’ll also be responsible for ordering and reviewing appraisals, evaluations, and environmental assessments.
Further, you’ll review and recommend the proper structure for commercial loans based on the financial strength of the borrower and the purpose of the loan. You’ll also manage the trigger database, spread and review financial data, manage the database, review triggers for validity, and report any concerns to the management and Business Banking and/or Relationship Managers.
Other duties include assisting the Business Banking Credit Manager, completing compliance and assigned training and development, and attending department and policy meetings. Establishing and maintaining a good working relationship with Business Banking Officers is also part of your key responsibilities.
The Ideal Candidate
The ideal candidate for this position should hold a Bachelor’s degree in accounting, finance, business, or a related field of study. Moreover, they should have at least two years of analytical or related experience. Training in OMEGA, RMA, or other commercial lending courses would be highly advantageous.
First Merchants Bank: A Great Place to Work
First Merchants Bank offers a competitive compensation package that includes base pay plus bonuses. The benefits package includes medical, dental, and vision insurance, 401k, health savings and flexible spending accounts, vacation/sick time, paid holidays, and paid parental leave. The bank also offers tuition reimbursement and additional benefits.
At First Merchants Bank, you’ll be part of a dynamic team that is passionate about making a positive impact on the lives of the customers and communities they serve. The bank’s vision is to enhance the financial wellness of the diverse communities they serve, with a mission to be the most responsive, knowledgeable, and high-performing financial organization.
First Merchant Bank is an equal opportunity employer, and all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability status, protected veteran status, or any other characteristic protected by law
