Senior Commercial Underwriter

Shore United Bank is seeking a full-time Senior Commercial Underwriter to join our team. The Senior Commercial Underwriter is considered a credit analysis SME and is primarily responsible for underwriting the most complex commercial loan requests on a self-directed basis. This includes interfacing with the account officer to ensure the loan is properly structured and risk rated, compliant with regulations and bank policy, and that all relevant information has been obtained to identify and mitigate potential risk to the bank. The underwriter will be required to compile a final approval package for submission to the appropriate approval authority including financial statement spreads, global cash flow worksheets, written narratives, and supplementary tables and charts, which will require the review of source documents including, but not limited to, financial statements, tax returns, credit reports, and legal documents.

Essential Functions Include: 

• Receives data on prospective and active borrowing accounts, i.e., financial statements, agency reports, and interview and investigation sheets.
• Analyzes data and evaluates the short- and long-run prospects of the individual or company.
• Recommends to appropriate personnel on the granting or denying of loans; prepares sufficient information to document recommendations.
• Supports loan grade after conducting a thorough credit analysis and documentation review.
• Provides thorough documentation of all financial analysis work, including ratios and other related information.
• Ensures that all credit analysis activities are conducted in accordance with prescribed lending policy.
• May exercise loan authority to approve, restructure or deny commercial loan requests while protecting the Bank and meeting the needs of its clients.
• Identifies and responds to opportunities to communicate affiliates products and services to promote the image of the affiliate and promote Shore Bancshares' community of companies' products and services to potential customers and referring those customers to the proper personnel. 
• Remains efficient and productive despite being assigned the most complex transactions and projects.
• Demonstrates compliance awareness by completing all required regulatory and compliance training (e.g., BSA, CRA, ECOA) on or before deadlines, and actively supporting all policies, procedures, and practices that promote risk management, safety, and regulatory adherence.

Location: Shore Bancshares Headquarters: 28969 Information Lane, Easton, MD 21601

Position Type/Expected Hours of Work:

• Full-time.
• Exempt.
• Days of Work: Monday-Friday. 

Required Education and Experience:

• High school diploma/GED equivalent.
• A B.S. or B.A. degree in a related field of study preferred, OR a minimum of 7 years' related experience and specialized financial analysis training.
• Minimum of 5 year's experience in a credit underwriting or credit analyst role
• An understanding of credit analysis equivalent to that which would be confirmed by RMA's Credit Analysis Certificate
• Proficient ability to analyze and interpret financial statements and draw conclusions based on common-sized, trend, comparative and UCA analyses
• Ability to accurately spread and analyze financial statements for various entity types
• Ability to identify source of repayment and perform collateral analysis, including an understanding of appraisal development and DCF cash flow analysis
• Intermediate knowledge of current lending and loan review regulations and banking regulations, procedures, and operations

Compensation:

• The pay range for this position is $93,400 to $141,800 annually.
• Actual compensation offered may vary from the posted hiring range based on factors such as relevant experience, time in role, base salary of internal peers, prior performance, business sector, licensure requirements and/or skill level, and will be finalized at the time of offer.