Sorry, this job is no longer accepting applications. See below for more jobs that match what you’re looking for!

Senior Portfolio Management Underwriter III

Expired Job

Homestreet, Inc Seattle , WA 98113

Posted 2 months ago

EO/AA Employer including Vets and Disabled

Qualified applicants with arrest and conviction records will be considered in accordance with legal requirements.

Job Description Summary

Responsible for underwriting and analyzing new and renewed lines of credit and loans of various types and complexities in accordance with Bank and Department policies and procedures. Credit requests may include syndicated and participated loans, real estate, Small Business Administration loans, nonprofit and tax exempt facilities. Active involvement in concept memo review process to assess early viability of requests. Assist in oversight of portfolio credit quality including risk assessment and overall portfolio maintenance.

Job Details


  • Primary responsibility for underwriting and managing the team's most complex credits and increase requests

  • Assist with coordination and completion of renewals for team's credits

  • Provide feedback for concept memo meetings as appropriate

  • Write up preflights in coordination with Relationship Managers

  • Draft prospect/borrower information requests with Relationship Managers

  • Assist with ordering 3rd party reports, as necessary (third party reports to include credit reports, background searches and flood determinations, preliminary title, environmental, appraisals, collateral exams, UCC searches and flood termination/notification)

  • Review third party reports, as necessary

  • Draft new and renewal credit requests, in coordination with Relationship Manager or Portfolio Manager

  • Assists Portfolio Manager Underwriter with deal structures, as necessary

  • Draft CRE addendum

  • Review agreements including purchase and sale agreements, lease agreements, etc.

  • Shephard credit quest underwriting through various levels of recommendation and approval

  • May review loan documents prior to signing, as needed

  • May assist in obtaining insurance information, as needed

  • Primary role in closing signing meetings (internal and external)

  • May assist in coordinating booking documents, as necessary

  • Coordinates collection of financials and required tickler items from borrowers

  • Performs and/or assigns site visits for completion

  • Coordinate covenant testing and tickler follow up

  • May perform covenant tests on the most complex credits, as necessary

  • Review and/or draft waivers or forbearance requests and letters prior to issuance

  • Draft watch list credit comments for presentation

  • Draft Problem Loan Reports and handles adverse rated credits remaining on line

  • Assists with post-closing work (tickler setup, merging credit quest records), as necessary.


  • Bachelor's Degree in Business related field or equivalent education preferred

  • Ability to read and interpret a variety of financial statements required

  • Ability to spread financial statements using Credit Quest

  • Minimum of 7 years' experience in commercial credit underwriting or related experience

  • Strong written and oral communication skills, attention to detail, spelling, grammatical and proofreading abilities

  • Proficiency with Microsoft office products (Excel, Word, Outlook)

  • Must possess a positive attitude, good judgment, and the ability to accept responsibility and handle confidential information

  • Ability to meet deadlines and work under pressure

  • Willingness to assume additional responsibilities/duties/projects as they arise


  • Willing and able to travel occasionally as needed.

  • Able to operate a Personal Computer and view information on a monitor for extended periods.

  • Must be able to sit for many hours each day.

  • Must be able to communicate via telephone and possess dexterity to include filing document, reaching and bending.

  • Ability to lift or carry up to 20 pounds

  • Ability to speak English and express ideas and have difficult conversation in person and over the telephone

  • Ability to listen and comprehend speech.

  • Ability to problem solve, make decisions, interpret data and information, read, write and organize information in an orderly manner.


  • Normal business office environment.

  • Ability to sit in artificial light for extended periods of time

This Position Description may not be limited to the Functions and Requirements as outlined, now or in the future. For example, changes in corporate needs, position demands, or individual performance may result in changes to the Functions or Requirements of this position.


Underwriting (Sales)

See if you are a match!

See how well your resume matches up to this job - upload your resume now.

Find your dream job anywhere
with the LiveCareer app.
Download the
LiveCareer app and find
your dream job anywhere

Boost your job search productivity with our
free Chrome Extension!

lc_apply_tool GET EXTENSION

Similar Jobs

Want to see jobs matched to your resume? Upload One Now! Remove
Senior Underwriter Small Commercial Segment

The Hartford

Posted 3 days ago

VIEW JOBS 11/10/2018 12:00:00 AM 2019-02-08T00:00 Underwriting: * Advanced Underwriting skills and can underwrite moderate to complex new business accounts * Seamlessly applies all applicable line of business Underwriting guidelines when making decisions * Analyzes territory agency book on quarter-to-quarter basis for potential action * Has good knowledge of local applicable laws, regulations and governance * With little direction, demonstrates ability to work within more complex technical areas requiring specialized knowledge Agency Management: * Creates, drives and executes on strategies for new accounts (prospective book management, executes on the mix strategy, low strategy, territorial and agency sales plans, etc.) * In partnership with the Sales Rep, owns the agency results and outcomes; successfully achieves final account pricing and terms while maintaining the relationship. Successfully sells the proposal and value proposition. * Acts as a trusted advisor to the agency; manages the book vs. account to account Sales: * Establishes and maintains a large account pipeline * Skilled in account rounding and cross selling * Knows The Hartford's Value proposition to best position us for success. * Is professionally demanding and understands accountability. * Uncovers growth opportunities during agency calls Service: * Consulting with the agents to answer questions regarding coverage, explaining processes, directing the agents to appropriate resources within the Hartford based on their unique needs * Directs and coordinates identified service issues * Knows how service operates & leverages capabilities to write more business. * 5 years Small Commercial industry UW experience, with 3 years in commercial P & C underwriting experience required. * Bachelor degree, preferred, or equivalent combination of education and work experience required * Strong analytical skills and the ability to pay attention to detail to create risk based underwriting decisions including risk acceptance and pricing elections * Ability to make complex decisions with limited information and data * Demonstrates effective communication with and influencing others * Finds opportunities to be a peer leader including driving change management * Proficiency with Microsoft Office applications and demonstrated ability to learn new software applications Equal Opportunity Employer/Females/Minorities/Veterans/Disability/Sexual Orientation/Gender Identity or Expression/Religion/Age The Hartford Seattle WA

Senior Portfolio Management Underwriter III

Expired Job

Homestreet, Inc