Managing Underwriter, VP Melville, NY 9/20/2017

Signature Bank Melville, NY

Company
Signature Bank
Job Classification
Full Time
Company Ref #
32865
Location
Melville, NY
Experience
Mid-Career (2 - 15 years)
Job Type
Regular
Education
Bachelors Degree
AJE Ref #
579566247

JOB DESCRIPTION

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Signature Financial LLC is a wholly owned subsidiary of Signature Bank, one of the strongest and best capitalized banks in the nation. Signature Bank has been ranked among the Top 10 on Forbes' list of Best Banks in America for six consecutive years!

Signature Financial provides specialty finance products and services to a diverse base of nationwide clients, including equipment leases and loans, franchise finance, vehicle funding programs and commercial marine lending. Signature Financial is recognized as one of the fastest growing equipment finance companies in the United States, with over $3 billion in assets ranking in the top 20 of all bank owned equipment finance companies in America.

We have a top relationship based management team who joined Signature from some of the largest banks in the industry. We are searching for talented individuals who enjoy working in a dynamic and fast-paced environment dedicated to the financial care of our clients. If you are interested in growing with us, we can provide an excellent opportunity for advancement by leveraging your experience and skill set.

Managing Underwriter, VP Melville, NY

We have a top relationship based management team who joined Signature from some of the largest banks in the industry. We are searching for talented individuals who enjoy working in a dynamic and fast-paced environment dedicated to the financial care of our clients. If you are interested in growing with us, we can provide an excellent opportunity for advancement by leveraging your experience and skill set.

Primary responsibilities include:

* Review and analyze the strength and experience of obligors, transaction terms and ability to structure large transactions for nationwide clients with revenues between $5-100 million

* Obtain and analyze credit reports, bank checks and perform other appropriate credit investigations

* Analyze key financial results, ratios and transaction structure elements, including the adequacy of the debt service coverage and loan to value

* Review the appropriateness of risk ratings and approve transactions within assigned credit authority

* Prepare comprehensive write-ups covering all aspects of risk elements, obligor, credit profile, etc.

* Follow up with clients to validate financial information; obtain supporting documentation required for underwriting analysis

* Review and approve transactions of junior team members within assigned credit authority

Qualifications:

* Bachelor s Degree or equivalent work experience required

* Minimum 10 years related work experience with demonstrated knowledge in commercial lending environment

* Demonstrated experience with financial statement analysis, cash flow analysis, and financial ratios

* Knowledge of asset-based lending with experience in equipment lease/loan transactions highly desirable

* Highly motivated, proactive, and resourceful; innovative with ability to think of alternatives that fit business standards

* Excellent verbal and written communication skills with strong leadership ability

* Prior management experience preferred

* Basic knowledge of Microsoft Office

Signature Bank offers a competitive compensation (with BONUS ELIGIBILITY) and an excellent benefits package for qualified employees, including medical, dental, vision, tuition reimbursement, 401(k) plan with company match, gym reimbursement and a wellness program.

Service is our cornerstone!

View available Careers with Signature at www.signatureny.com/careers

We are an Equal Opportunity Employer

We do not sponsor work visas

Relocation or interview travel expenses are not available for this role