Commercial Underwriter

Are you a detail-oriented and analytical individual with a passion for the retail industry? Do you have a knack for assessing risk and making sound financial decisions? If so, then Ace Hardware has the perfect opportunity for you as a Commercial Underwriter. As a member of our dynamic team, you will play a critical role in evaluating and determining the creditworthiness of potential commercial customers. We are seeking a highly motivated and experienced candidate with strong communication skills and a deep understanding of commercial lending and underwriting principles. If this sounds like you, we encourage you to apply and join our growing organization.

1. Evaluate and assess the creditworthiness of potential commercial customers.
2. Conduct in-depth financial analysis and risk assessment for commercial loan applications.
3. Collaborate with internal teams to gather necessary information and documentation for underwriting.
4. Utilize underwriting guidelines and policies to make informed and sound lending decisions.
5. Communicate with potential customers to gather additional information and clarify any discrepancies.
6. Write detailed credit reports and present findings to management for approval.
7. Stay updated on industry trends and regulations to ensure compliance with underwriting standards.
8. Provide recommendations for improvements to the underwriting process and procedures.
9. Maintain accurate and organized records of all underwriting activities.
10. Build and maintain relationships with potential customers and internal teams.
11. Adhere to strict confidentiality and security protocols when handling sensitive financial information.
12. Train and mentor junior underwriters as needed.
13. Continuously monitor and review existing commercial loans to identify potential risks and make appropriate recommendations.
14. Meet and exceed individual and team targets and objectives.
15. Collaborate with other departments to ensure efficient and timely completion of underwriting tasks.

According to JobzMall, the average salary range for a Commercial Underwriter in Oak Brook, IL 60523, USA is $65,000 to $95,000 per year. However, this can vary depending on factors such as experience, education, and the specific company or industry. Some commercial underwriters may earn higher salaries, while others may earn lower salaries. It is important to research the specific job market and company to get a better understanding of the salary range for this position in Oak Brook, IL.

Ace is the largest retailer-owned hardware cooperative in the world, with more than 5,160 hardware stores locally owned and operated across the globe. Ace and its subsidiaries operate an expansive network of distribution centers in the U.S. and also have distribution capabilities in Ningbo, China; Colon, Panama; and Dubai, United Arab Emirates. Its retailers' stores are located in all 50 states, the District of Columbia and approximately 65 countries.