BBVA Compass Bancshares, Inc.
Overview 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.
This position underwrites loan requests in a high-volume environment, while adhering to department/bank policies and guidelines. DUTIES: 1. Assists and counsels originators in qualifying loans, determining borrower's needs, determining appropriate commercial loan product in light of needs, and obtaining requisite financial data. 2. Reviews credit requests, business credit scores, business reports and consumer bureaus. 3. Evaluates collateral adequacy, industry risk, purpose and viability of business. 4. Obtains and analyzes pertinent financial and credit data to assist in determining the risk of the loan. 5. Determines appropriate structure and pricing in light of borrower type, industry, collateral, and risk and documenting any deviations from the prescribed structure. 6. Assesses strengths and weaknesses of loan requests. 7. Completes financial and repayment analysis with a focus on cash flow, liquidity, and leverage analysis. 8. Thoroughly documents the credit request in the appropriate format. 9. Verifies underwriting conditions and additional approval requirements are satisfied. 10. Ensures effective communication between Relationship Managers, Loan Administration, Loan Documentation & Funding Control and other departments involved in the loan process. 11. Strives to minimize turnaround-time while thorough documenting credit requests. 12. Responsible for Credit File maintenance.
Bachelor\u2019s degree in business related field with emphasis in management, accounting, finance or a related field or equivalent professional experience.
All candidates must have superior verbal, written and organizational skills and possess an understanding of business and personal financial statements.
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 with proficiency in Microsoft Office applications.
Professional phone and communication skills are required.
Commercial Underwriter I:
Bachelor\u2019s degree in business related field with emphasis in management, accounting, finance, or a related field or equivalent professional experience. Candidates must have 9 hours in Accounting. Previous underwriting experience is not required, but at least 18 months is preferred.
Commercial Underwriter II:
Bachelor\u2019s degree in business related field with emphasis in management, accounting, finance, or a related field. Candidates must have 18 to 36 months of previous underwriting or credit analysis experience.
Commercial Underwriter III:
Bachelor\u2019s degree in business related field with emphasis in management, accounting, finance, or a related field. Candidates must have 3 plus years of previous underwriting or credit analysis experience.
BBVA Compass Bancshares, Inc.
Website : http://www.bbvacompass.com/
BBVA Compass is a leading U.S. banking franchise with operations throughout the Sunbelt region and it ranks among the top 25 largest U.S. commercial banks based on deposit market share. BBVA Compass operates 688 branches in Alabama, Arizona, California, Colorado, Florida, New Mexico and Texas. It ranks among the largest banks in Alabama (2nd), Texas (4th) and Arizona (5th). In addition, BBVA Compass has been recognized as one of the nation's leading Small Business Administration (SBA) lenders. Through three major business units – Commercial Banking, Retail Banking and Wealth Management – BBVA Compass offers customers unique and industry-leading products and services, with a focus on providing customers with financial solutions to fit their lives. These products and services include commercial and wholesale banking, treasury management, Small Business Administration loans, international services, merchant processing, retail banking services, consumer loans, mortgages, home equity lines and loans, credit cards, personalized Visa® Check Cards, securities brokerage, mutual funds and annuities, financial counseling, wealth management, pension plan management and insurance. BBVA Compass is a subsidiary of BBVA Compass Bancshares Inc., a wholly owned subsidiary of BBVA (NYSE: BBVA) (MAD: BBVA). BBVA is a customer-centric global financial services group founded in 1857. BBVA Group has a solid position in Spain, is the largest financial institution in Mexico, and has leading franchises in South America and the Sunbelt region of the United States, as well as operations in China, France, Germany, Hong Kong, Italy, Japan, Singapore, Switzerland, Turkey and the United Kingdom. Its diversified business is geared toward high-growth markets and relies on technology as a key sustainable competitive advantage. Corporate responsibility is at the core of its business model. BBVA fosters financial education and inclusion, and supports scientific research and culture. It operates with the highest integrity, a long-term vision and applies best practices.