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Sr. Commercial Loan Underwriter - Industrial

The Commercial Loan Underwriter – Industrial will underwrite commercial lending opportunities in an assigned territory, focusing on working capital lines of credit, equipment finance, and owner-occupied real estate. The Underwriter will maintain relationships with internal partners, providing support on portfolio management, risk ratings, and credit structure. The Underwriter will evaluate the credit worthiness of loan applications, making credit recommendations that help the Bank make decisions which minimizes risk to the bank while working to find solutions for the applicants. This job is responsible for constructing a credit memorandum which documents the analysis of credit data, identifies key risks and mitigating factors, and makes credit recommendations which are aligned with the organization's risk appetite.

Key Responsibilities and Duties

+ Reviews and prepares commercial loan presentations ensuring files are complete and organized.

+ Reviews ongoing financial reporting and compliance requirements of existing commercial loan accounts.

+ Identifies, gathers, and analyzes information to assess credit risk and viability of sources of repayment to determine appropriate loan structure.

+ Makes recommendations regarding structure, risk ratings, and credit decisions to management, adhering to Bank’s policies and procedures.

+ Ability to identify strengths and weaknesses in capital, liquidity, loan structure, collateral, and management capability, using the information to assign credit risk rating.

+ Works in collaboration with relationship managers preparing and presenting credit approval memos with recommendations consistent with bank policy.

+ Responsible for performing ongoing review and management of the portfolio to identify and minimize risk to the Bank.

+ Performs multiple tasks for separate transactions accurately in a time critical environment.

+ Experience with cash and accrual basis accounting, financial statements and related documentation to create financial projections with reasonable assumptions.

Educational Requirements

+ University (Degree) Preferred

Work Experience

+ 3+ Years Required; 5+ Years Preferred

Physical Requirements

+ Physical Requirements: Sedentary Work

Career Level

7IC

Hybrid work is a minimum of four days a week in office, with one flexible day for remote work.

Posting end date: 6/1/25

Job Seeker Notice

EverBank, N.A. and Sterling Bank and Trust, a division of EverBank, N.A. (together, the "Company") is a nationwide specialty bank providing high-value products and services to consumer and commercial clients nationwide. As a pioneer in online banking, we offer convenient digital access for clients 24/7, in addition to phone banking services and a network of financial centers.

The Company's commitment is to deliver to our clients high-performing, high-yield solutions backed by exceptional service, always giving them the advantage they expect, to make the most of their money.

VEVRAA Federal Contractor

Member FDIC

Notice to Job Seekers (https://everbank.com/about/careers/notice-to-job-seekers)

**Pay Range** $104,380 - $141,220

EverBank, N.A. is an equal opportunity (EEO) employer, dedicated to maintaining a work environment free of bias, harassment, discrimination and retaliation. As an EEO employer, EverBank expressly prohibits discrimination, harassment and retaliation based on protected characteristics such as race, creed, ethnicity, color, age, religion, sex, sex stereotype, pregnancy, sexual orientation, gender, gender identity, gender expression, transgender status, marital status, national origin, ancestry, physical or mental disability, genetic history and information, or military or veteran status. Providing a safe, inclusive environment is a priority at EverBank and, consistent with that mission, EverBank considers all qualified applicants for employment regardless of protected status.

We will not discharge or in any other manner discriminate against associates or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another associate or applicant. However, associates who have access to the compensation information of other associates or applicants as a part of their essential job functions cannot disclose the pay of other associates 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 us, or (c) consistent with our legal duty to furnish information.