Description
LCA is looking for full time Commercial Underwriter, Real Estate and Bridge Loans. The Commercial Underwriter will review the creditworthiness of commercial credits (businesses and/or individuals) to determine the risk involved in extending credit. This position is the decision maker of whether or not the applicant can fulfill the requested debt obligation(s).
This is a hybrid position reporting to our Salt Lake City, UT office three days a week (Tues. Wed. Thurs).
Note: This job description is intended to provide a general overview of the responsibilities and qualifications for the position of Mid Ticket Equipment Leasing Documentation Specialist. The specific duties and qualifications may vary based on the employer's needs and industry.
All qualified applicants to LCA & LCA Bank are considered for employment without regard to race, color, religion, age, sex, sexual orientation, gender identity, national origin, disability, veteran’s status or any other protected characteristic.
E-Verify
LCA participates in the U.S. Department of Homeland Security E-Verify program in all facilities located in the United States and certain U.S. territories. The E-Verify program is an Internet-based employment eligibility verification system operated by the U.S. Citizenship and Immigration Services.
We kindly request that recruiters, staffing agencies, and third-party sourcing individuals refrain from applying or contacting us regarding job opportunities.
Responsibilities
- Evaluate credit risk on new or complex commercial loans with a transaction range up to $5 million.
- Review, spread, and analyze business and personal financial statements and tax returns to identify the degree of risk involved in extending credit.
- Perform due diligence on prospective and existing customers using various data sources.
- Maintain expected turnaround time in fast-paced environment with the ability to multi-task.
- Possess a solid understanding of Experian, Trans Union, Experian Business and Paynet reports.
- Ensure that decisions are in compliance with organization’s requirements/policies.
- Ability to understand, identify and consider mitigants to credit exceptions.
- Candidate will have approval authority and must maintain confidence and feel comfortable in decision making. Possess autonomy, must be able to work and make decisions with minimal supervision. Make independent business decisions and be creative in formulating appropriate solutions (e.g. structure, options, etc.).
- Willingness to provide assistance to sales as well as other departments. Candidate will work closely and effectively with sales and documentation teams to resolve issues with applications or missing information.
- Ability to interact with the customer throughout application process.
- Perform other related duties as assigned.
Requirements
- Excellent verbal and written communication skills.
- Proficient in Microsoft Office Suite or related software
- 5+ years commercial real estate credit underwriting experience
- Proficiency in financial statement analysis required
- Self-motivated and detailed oriented with strong interpersonal, communication and organization skills
- Experience in Bridge Loans
Education and Experience
- Bachelor’s degree in Accounting, Economics, Finance, Statistics, or Mathematics preferred.
About Us
LCA Group is committed to providing equal employment opportunities and maintaining a workplace for employees and applicants for employment that is free from discrimination based upon age, race, religion, color, disability, marital status, gender, national origin, ancestry, ethnicity, sexual orientation, gender identity or expression, genetic information, veteran or military status, or any other status protected by applicable federal, state, or local law.
Benefits
Lease Corporation of America can offer a comprehensive salary, along with a 401(k) plan and a full suite of benefits, including paid time off, health, dental and vision insurance.
- Comprehensive salary
- 401(k) plan
- Paid time off
- Health, Dental and Vision insurance.
