BBVA Compass Commercial Underwriter III or Sr in BIRMINGHAM, Alabama
At BBVA, we are working to make banking better for everyone. That is where you come in. We are looking for smart, team oriented people who want to be part of a first-class workforce that gives people the tools they need to meet their financial goals, all while delivering an outstanding client experience. Learn more below.
The commercial real estate underwriter will be located in Birmingham, AL or Atlanta,GA and will be involved in underwriting real estate acquisitions and developments of the following product types; multi-family, office, industrial, retail and hospitality.
Assists and counsels the relationship managers in qualifying Commercial Real Estate loans, determining Sponsor/Borrower's needs, determining appropriate commercial loan product in light of needs, and obtaining requisite financial data (operating statements, rent rolls, borrower and guarantor financial statements).
Reviews credit requests, commercial real estate market data, business reports and consumer bureaus.
Evaluates collateral adequacy, industry risk, purpose and viability of proforma business, operating and lease-up plan; must be familiar with term and construction lending.
Obtains and analyzes pertinent financial and credit data, rent roll and tenant analysis to assist in determining the risk of the loan. Determines appropriate structure and pricing in light of borrower type, industry, collateral, and risk and documenting any deviations from the prescribed structure.
Assesses strengths and weaknesses of loan requests.
Completes financial, repayment and exit analysis with a focus on cash flow, loan to cost, and loan to value analysis.
Understanding, emphasis and implementation of Loan Policy
Thoroughly documents the credit request in the appropriate format.
Verifies underwriting conditions and additional approval requirements are satisfied.
Ensures effective communication between Relationship Managers, Loan Administration, Loan Documentation & Funding Control and other departments involved in the loan process.
Strives to minimize turnaround-time while thorough documenting credit requests.
All candidates must have superior verbal, written, and organizational skills.
Must be able to prioritize tasks demonstrating both management skills and ability to achieve communicated deadlines.
High integrity and respect for confidentiality are invaluable.
Excellent computer skills in Windows, understanding of business and personal financial statements, good phone and communication skills required.
Bachelor’s degree in business related field business with emphasis in management, accounting, finance, or a related field.
Experience with ARGUS DCF or ARGUS Enterprise is preferred.
Commercial Underwriter III: Bachelor’s degree in business related field with emphasis in management, accounting, finance, or a related field. Candidates must have 3 plus years of previous commercial real estate underwriting or credit analysis experience; familiar with multi-family, office, retail, industrial and residential home builder analysis.
Commercial Underwriter Sr : Bachelor’s degree in business related field with emphasis in management, accounting, finance, or a related field. Candidates must have a minimum of 5 years of previous commercial real estate underwriting or credit analysis experience; familiar with multi-family, office, retail, industrial and residential home builder analysis. Formal credit or commercial loan training and some previous credit decisioning preferred.
Job ID 2018-116982
Site Name AL-BIRMINGHAM-CORPORATE HEADQUARTERS
Category CORPORATE RISK
Work Location US-AL-BIRMINGHAM
FLSA Status EXEMPT
Type FULL TIME
EOE Statement Equal Opportunity Employer - Minority/Female/Disability/Veterans.