BBVA Compass

  • Commercial Underwriter I or II

    Job ID
    2018-112386
    Site Name
    CO-DENVER-DENVER DOWNTOWN
    Category
    CORPORATE RISK
    Work Location
    US-CO-DENVER
    FLSA Status
    EXEMPT
    Type
    FULL TIME
    EOE Statement
    Equal Opportunity Employer - Minority/Female/Disability/Veterans.
  • 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.

    Responsibilities

    Overview

     This position underwrites commercial real estate ‚Äč loan requests in a high-volume environment, while adhering to department/bank policies and guidelines.

     

    Responsibilities

    • Assists and counsels originators 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. 
    • Responsible for Credit File maintenance.

    Qualifications

    Qualifications

    • 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.
    • Bachelors degree in business related field business with emphasis in management, accounting, finance, or a related field.

     

    Candidates must have 18 to 60 months of previous commercial real estate underwriting or credit analysis experience; familiar with multi-family, office, retail, industrial and residential home builder analysis.

     

    Position may be located in Phoenix, AZ or Denver, CO.

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