The Underwriter conducts due diligence and underwrites both new and existing relationships to ensure appropriate credit risk-return. Job functions include the following:
Support Business Development in early-stage prospect review.
Perform quantitative and qualitative analysis and evaluation of a Prospect's business, to include:
Historical and projected financial spread modeling
Collateral analysis based on both independent review and 3 rd party due diligence
Research Industry and competitive landscape
Identification of strengths and risks of the transaction
Coordinate 3rd-party due diligence including field exams, appraisals, and KYC.
Prepare a fulsome approval memo (CCM) for presentation to Cadence's Senior Management with participation in the presentation to the senior approval group.
Collaborate with the BDO's and Portfolio Management to ensure a seamless process from the initial term sheet through closing the facility.
Assist with the legal documentation process.
All other duties as assigned by management.
Experience:
Two - four years as an Asset Based Field Examiner, Portfolio Manager or Underwriter preferred.
Knowledge and Skills:
Concepts of Asset Based Lending and Lender Finance
Portfolio Management and / or Underwriting experience
Strong written and oral communication skills
Experience with financial and cash flow analysis
Independent thinking in a team environment
Organized with the ability to multi-task and assign priorities
Works cooperatively with others
Regular and reliable attendance
Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities
The contractor will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees 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 the employer, or (c) consistent with the contractor's legal duty to furnish information. 41 CFR 60-1.35(c)
We are an equal opportunity employer and all qualified applicants will receive consideration for employment without regard to race, color, religion, national origin, age, sex, sexual orientation, gender identity, disability, veteran status, genetic information or any other status protected under applicable local, state or federal nondiscrimination laws.