Commercial Underwriter in Little Rock, AR at First Horizon National Corporation

Date Posted: 9/30/2020

Job Snapshot

Job Description

Provides analytical support for commercial banking including an independent analysis of the creditworthiness of customers and prospects.

ESSENTIAL DUTIES AND RESPONSIBILITIES:

  • Spreads financials and / or projections for both Company and Personal borrowers /guarantors. Creates or modifies financial projections for borrowers / guarantors as needed.
  • Reviews both company and personal financial statements annual or as needed for risk trends and potential changes to the risk profile.
  • Creates Finance Requests for new loans and renewals in the Commercial Leading system (iCl or iFOCUS). Engages PM and Loan Closing Officer (LCO) when a new loan Finance Request is initiated.
  • Writes the credit analysis memo and inputs information into the respective commercial lending system with the draft memo mostly or fully complete before providing it to the PM and RM for review. Keeps PM and RM up to date on status of credits, outstanding questions, etc.
  • Initially grades loans. Monitors Stale Grades Report and performs new grading as warranted. The PM reviews and finalizes the grade(s).
  • Monitors Covenants and performs testing for compliance of said covenants. Monitors maturing report to assist with coordination of workflow. Monitors past due Covenant Report and engages the PM/RM where necessary or if there is an issue.
  • Performs industry research (IBIS World or similar) and may perform industry monitoring where the portfolio has an industry concentration.
  • Participates in some client visits with the RM/PM. Sits in on Meetings with Credit Officer as needed or requested. Attends Team Sales or Staff Meetings as requested.
  • For public company clients, listens to quarterly earnings calls and/or monitors call transcripts for additional information to include in the ongoing analysis (in addition to RM and PM). For syndication credits, participates in lead bank conference calls for deal launches and ongoing monitoring.
  • Working knowledge of credit underwriting methodology and analytical abilities.
  • A Senior Credit Analyst may be working in a portfolio of more complex credits. Might lead a team of CA’s.
  • Very experienced in Commercial Credit Underwriting with strong knowledge of credit policy and analytical abilities.
  • Ability and knowledge to mentor and develop less experienced Credit Analyst’s.

SUPERVISORY RESPONSIBILITIES:
None
QUALIFICATIONS:
To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. Additionally, the qualifications listed below are representative of the knowledge, skills, and/or abilities required in this position:

  • Bachelor's degree (B. A.) from four-year college or university; 0-2 years related experience and/or training preferred
  • Ability to read, analyze, and interpret general business periodicals, professional journals, technical procedures, or governmental regulations
  • Ability to write reports, business correspondence, and procedure manuals
  • Ability to effectively present information and respond to questions from groups of managers, clients, customers, and the general public
  • Ability to work with mathematical concepts such as probability and statistical inference
  • Ability to apply concepts such as fractions, percentages, ratios, and proportions to practical situations
  • Ability to solve practical problems and deal with a variety of concrete variables in situations where only limited standardization exists
  • Ability to interpret a variety of instructions furnished in written, oral, diagram, or schedule form

COMPUTER AND OFFICE EQUIPMENT SKILLS:

  • Spreadsheet (ex. MS Excel) and Word Processing Software (ex. MS Word)
  • Facsimile machine and Copier/Scanner
  • Hewlett Packard 12 C Calculator (or equivalent)
  • Financial Spreading Software

CERTIFICATES, LICENSES, REGISTRATIONS:
None



Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities

The contractor will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the contractor’s legal duty to furnish information. 41 CFR 60-1.35(c)