Commercial Underwriter

Welcome to PNC Financial Services, a leading provider of financial services and solutions to individuals and businesses across the United States. We are currently seeking a highly skilled and experienced Commercial Underwriter to join our team and help us continue to deliver exceptional service to our clients. As a Commercial Underwriter, you will play a crucial role in assessing and evaluating the creditworthiness of commercial loan applications and ensuring the profitability and risk management of our commercial lending portfolio. If you are a driven and detail-oriented individual with a strong understanding of credit analysis and risk assessment, we encourage you to apply for this exciting opportunity.

1. Conduct thorough credit analysis and risk assessment of commercial loan applications.
2. Review and analyze financial statements, tax returns, and other relevant documents to determine creditworthiness.
3. Communicate with loan officers and clients to gather necessary information and clarify any discrepancies.
4. Evaluate loan structures and terms to ensure profitability and proper risk management.
5. Collaborate with team members to develop and implement credit policies and procedures.
6. Stay updated on industry and market trends to inform underwriting decisions.
7. Prepare and present credit recommendations to senior management.
8. Monitor and review existing loans to identify and address potential risks.
9. Maintain accurate and organized records of underwriting decisions and documentation.
10. Serve as a subject matter expert on commercial lending policies, procedures, and regulations.
11. Provide exceptional customer service to internal and external stakeholders.
12. Contribute to a positive and collaborative team environment.
13. Continuously seek opportunities for process improvement and efficiency.
14. Adhere to all company policies and regulatory guidelines.
15. Maintain confidentiality and integrity when handling sensitive information.

According to JobzMall, the average salary range for a Commercial Underwriter in Chicago, IL, USA is between $55,000 and $100,000 per year. This can vary depending on factors such as experience, qualifications, and the specific company an individual is working for. Additionally, bonuses and other forms of compensation may also be offered by some companies.

PNC Financial Services Group, Inc. is an American bank holding company and financial services corporation based in Pittsburgh, Pennsylvania. Its banking subsidiary, PNC Bank, operates in 19 states and the District of Columbia with 2,459 branches and 9,051 ATMs.