Commercial Underwriter

Overview Univest Financial Corporation (UVSP), has approximately $7.8 billion in assets and $4.7 billion in assets under management and supervision (as of December 31, 2023). Headquartered in Souderton, Pa. and founded in 1876, the Corporation and its subsidiaries provide a full-range of financial solutions for individuals, businesses, municipalities and nonprofit organizations in the Mid-Atlantic Region. In 2023, Univest donated $2.4 million to our communities, and our employees volunteered more than 13,100 hours.

At Univest we invest in the success of our employees and customers. We offer our employees the ability to be their authentic selves, while fostering a culture and an environment that inspires change and inclusivity. Seeking career-focused individuals, looking to bring passion and creativity to drive change.

Our employees are encouraged to work collaboratively and embrace innovation to deploy needs based financial solutions in the communities we serve. We're hiring a Commercial Underwriter to join our Credit Team. Please note, this position will be hybrid and can work out of any of our regional offices.

Responsibilities Partnering with relationship managers and credit officers in underwriting credit opportunities. Ensure commercial loans are underwritten within the principles of sound banking practices and established policy guidelines. Solid understanding of all credit products, credit policies and procedures, as well as the ability to underwrite more complex credits in terms of structure, pricing and negotiation.

Stay abreast of the risk tolerance status for the various loan types and keeps the lending and credit teams informed of any changes that might impact their marketing and loan negotiations. Mentoring of less experienced analysts to promote solid skills within the credit department. Assist in the credit aspects of all regulatory exams, internal loan audits and external loan audits, as necessary.

Perform additional duties as required. Qualifications Bachelor's degree required but an advanced degree in Finance, Accounting or a related discipline is recommended. Minimum four (4) years of related commercial credit analysis experience, demonstrated understanding of commercial lending, both C&I and CRE.

Experience understanding and underwriting, structuring, covenanting, risk-rating and basic loan documentation. Formal credit training in a regional bank or regulatory environment with extensive knowledge of commercial credit and bank operations is strongly preferred. Strong organizational, analytical and communications skills required.

Click here for Benefit Information #Univest #LI-Hybrid An Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, or protected veteran status and will not be discriminated against on the basis of disability.