Sr. Commercial Underwriter

At Liberty, we strive to maximize our impact and exceed goals by investing in our teammates to deepen our relationships in the workplace and communities we serve. We take pride in promoting a socially responsible and sustainable future through initiatives and investment. 

SUMMARY OF THE JOB:

Reporting to the Manager of Commercial Credit Underwriting, the Senior Commercial Underwriter is a critical individual contributor responsible for the end-to-end credit and underwriting function. This role requires complete proficiency in market, industry, and risk analysis for either Commercial Real Estate, Community Banking, or Resort Finance. As a senior member of the team, you will not only manage a complex high-value loan portfolio with minimal supervision but also actively expand your expertise into secondary business lines. You will serve as a technical subject matter expert, translating financial data into sound credit decisions that align with the Bank’s risk appetite and regulatory standards.

ESSENTIAL FUNCTIONS:

• Lead the preparation of high-level narrative summaries and complex financial statement analyses for the bank’s most intricate or high-exposure Commercial Banking and Real Estate loan applicants.
• Formulate well-reasoned conclusions on sophisticated loan structures and appropriate covenants for large-scale applications, arriving at decisions with minimal supervision.
• Serve as the primary authority for the annual review and ongoing management of high-risk or high-value portfolios, ensuring risk ratings align with shifting market conditions without requiring routine oversight.
• Conduct deep-dive investigative research into niche industries and emerging market trends, serving as a subject matter expert for the department.
• Review and recommend actions for the most complex borrower requests in the existing portfolio, providing technical guidance to junior staff and Relationship Managers.
• Review and approve major payment and construction advance requests and assists when needed in audit reviews of servicing companies and borrower records.
• Interacts with customers, correspondents, appraisers and real estate brokers to obtain financial property and marketing information as needed.
• Assist in the training and development of PDPs and underwriters, setting the standard for proper presentation of financial data and ensuring technical proficiency across the team.
• Proactively monitor and interpret changes in Federal and State regulations, ensuring that departmental procedures are updated to maintain total compliance with BSA, OFAC, and the PATRIOT Act.
• Drive the improvement of underwriting and processing standards to optimize the Bank’s investment criteria and workflow efficiency.
• Other duties as assigned.

MINIMUM KNOWLEDGE/SKILLS:

• Bachelor’s degree in finance, Accounting, Business, or related field preferred
• 7–10+ years of commercial underwriting experience
• Extensive experience underwriting large, high risk, or specialized credit transactions
• Expert-level financial analysis and risk assessment capabilities
• Demonstrated ability to structure complex credit facilities and negotiate terms
• Strong influencing skills and ability to partner effectively with senior lenders
• Recognized subject matter expertise in credit risk management
• Proven track record of coaching and developing credit underwriting staff
• Deep understanding of credit policy and regulatory considerations

PHYSICAL REQUIREMENTS:

• General Office Equipment
• Keyboard Dexterity
• Prolonged Sitting
• Ability to travel for training or site visits

COMPLIANCE:

Acts affirmatively in all activities under his/her control in conformance with the Bank’s Affirmative Action, Equal Employment Opportunity, and Fair Lending Programs to achieve the Bank’s goals and objectives. The Bank shall provide equal employment opportunity to all qualified persons, and continue to recruit, hire, train and evaluate persons in all jobs without regard to race, color, religion, sex, national origin, or veteran status.

Liberty Bank is an Equal Opportunity employer.  It is the policy of Liberty Bank to provide equal employment opportunities to all qualified applicants without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, protected veteran or disabled status, or genetic information.

SALARY RANGE:

$120,000 - $160,000

PAY DISCLAIMER:

The actual salary offered for this position will be determined by several factors, including the scope, complexity, and location of the role; the skills, education, training, credentials, and experience of the candidate relative to internal pay of similar roles; and other conditions of employment. As part of our comprehensive compensation and benefits program, employees are also eligible for performance-based annual incentives.

LIBERTY BANK BENEFIT OFFERINGS:

• Medical, dental, and vision coverage
• 401K with Employer Match
• Pension Plan
• Employer-paid life and disability insurance
• HSA option
• FSA option
• Employee Assistance Program (EAP)
• Telehealth and wellness resources
• Supplemental insurance options
• Pet insurance and legal plan benefits
• Paid Time Off (PTO)