Shore United Bank is seeking a full-time
Commercial Underwriter III to join our team. The Commercial Underwriter III is responsible for underwriting moderately complex to complex commercial loans and performing administrative duties as part of the credit analysis function; achieving goals as established in the assigned department's annual operating plan; coordinating work within the department, as well as with other departments; complying with operating policies and procedures established for the credit analysis function; communicating with appropriate personnel; responding to inquiries or requests for information; maintaining appropriate records and providing assigned reports.
Essential Functions Include:
- Receives data on prospective and active borrowing accounts, i.e., financial statements, agency reports, and interview and investigation sheets.
- Analyzes data and evaluates the short- and long-run prospects of the individual, company, or real estate project.
- May make recommendations to appropriate personnel on the granting or denying of loans; prepares sufficient information to document recommendations.
- May suggest a loan grade after conducting a thorough credit analysis and documentation review.
- Provides thorough documentation of all financial analysis work, including ratios and other related information.
- Ensures that all credit analysis activities are conducted in accordance with prescribed lending policy.
- Ability to work independently and produce an analysis that requires minimal if any review or revision.
- Identifies and responds to opportunities to communicate affiliates products and services to promote the image of the affiliate and promote Shore Bancshares’ community of companies’ products and services to potential customers and referring those customers to the proper personnel.
- Achieves goals assigned to the Commercial Underwriter as part of the assigned department's annual operating plan.
- Abides by the current laws and organizational policies and procedures designed and implemented to promote an environment which is free of harassment and other forms of illegal discriminatory behavior in the workplace.
- Cooperates with, participates in, and supports the adherence to all internal policies, procedures, and practices in support of risk management and overall safety and soundness and the Bank's compliance with all regulatory requirements, e.g. Community Reinvestment Act (CRA), Bank Secrecy Act (BSA), Equal Credit Opportunity Act, etc.
- Participates in required training sessions, including training for compliance with BSA/AML policies and procedures.
Location:
Westgate Building - 200 Westgate Circle, Suite 200, Annapolis, MD 21401
Position Type/Expected Hours of Work:
- Full-time.
- Exempt.
- Days of Work: Monday-Friday.
Required Education and Experience:
- High school diploma/GED equivalent.
- A B.S. or B.A. degree in a related field of study preferred, or three- to five-years related experience; specialized financial analysis training.
- A minimum of three-year’s related experience normally required.
- An understanding of credit analysis equivalent to that which would be confirmed by RMA’s Credit Analysis Certificate
- Proficient ability to analyze and interpret financial statements and draw conclusions based on common-sized, trend, comparative and UCA analyses
- Ability to accurately spread and analyze financial statements for various entity types
- Ability to identify source of repayment and perform collateral analysis, including an understanding of appraisal development and DCF cash flow analysis
- Intermediate knowledge of current lending and loan review regulations and banking regulations, procedures, and operations
- Proficient computer skills; specifically, Microsoft office suite and Outlook
Compensation:
- The pay range for this position is $81,600 - $110,200 annually.
- Actual compensation offered may vary from the posted hiring range based on factors such as relevant experience, time in role, base salary of internal peers, prior performance, business sector, licensure requirements and/or skill level, and will be finalized at the time of offer.
Company Benefits:
- Join a family and community-oriented workplace that offers a team environment, along with a collaborative and friendly place to work.
- Comprehensive benefits package for full-time employees including health, dental, vision, company-paid life insurance, mental health well-being, short-term and long-term disability, and much more!
- Paid parental leave
- 401k savings plan with up to a 4% company match
- Employee Stock Purchase Plan
- Employee perks such as: employee banking services, loan discount program, education assistance, career development program, Employee Assistance Program, and wellness initiatives.
- Opportunity for growth and advancement
- Paid training program and continuous training sessions throughout the year on various topics
- Generous paid time off and paid sick time
- Community involvement opportunities
Shore United Bank is a full-service financial institution with a rich history dating back to 1876. In excess of $6 billion in assets, we offer innovative financial services delivered with the personal touch you expect. We serve a broad geographic area with branches in Maryland, Delaware, and Virginia, and we also provide a comprehensive suite of digital banking services that allow you to bank with us no matter where life takes you. In addition to banking, we offer trust and wealth management services through Wye Trust, a division of Shore United Bank.
Together, our team of experienced professionals is dedicated to helping you achieve your financial goals.
Shore United Bank: Good things are happening here. ®
Shore United Bank is an Affirmative Action/Equal Opportunity Employer. Shore United Bank is an E-Verify participant.
