
Participation Underwriter
- Evaluates financial statements and prepares independent written credit evaluations for new loan participations. Reports will include a comprehensive evaluation of businesses and commercial real estate and will be used by management in approving credit requests.
- Completes corporate and personal financial statement spreading in the designed system. Completes global cash flows when appropriate.
- Develop a solid understanding of the Statement Spreading software.
- Prepares master participation agreements and certificates for individual transactions.
- Back-up for loan review staff to include the preparation of annual loan reviews, when volume dictates.
- Maintains in-depth knowledge of NCUA regulations, credit union policies and procedures.E
Experience within a financial services organization is desired
Minimum of 2 years direct business or commercial lending experience
3 years tenur in the Commercial Underwriter position preferred
Underwriting
MS Excel
MS Word
MS Outlook
Loan review
Portfolio Management
Statement Analyzer
Adaptable
Multitasking
Verbal communication
written communication
Results driven
According to JobzMall, the average salary range for a Participation Underwriter in 310 E Northern Lights Blvd, Anchorage, AK 99503, USA is between $41,000 and $81,000 per year. The exact salary depends on experience, industry, and the company that employs the underwriter.
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Alaska USA Federal Credit Union is a credit union headquartered in Anchorage, Alaska, chartered and regulated under the authority of the National Credit Union Administration. In 2023, Alaska USA Federal Credit Union changed its name to Global Credit Union to better reflect its worldwide service to its loyal members. The credit union is NOW Global Credit Union.

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