Commercial Business Banking Underwriter

Nevada State Bank, a division of Zions Bancorporation, N.A., was founded on Dec. 9, 1959 by 12 businessmen full of Nevada’s pioneering spirit. As a full-service bank, we offer a complete range of consumer, private, and business banking services. Our colleagues regularly volunteer in their communities and have been dedicated to helping make Nevada a better place to live for more than 60 years. By embracing the bank’s Core Values of extraordinary service, adaptability, teamwork, communication, development, accountability, community, and respect—we have built a culture of service and engagement. NSB has a commitment to career development through tuition reimbursement and continuous learning opportunities, in addition to other competitive benefit offerings. We offer medical benefits on day one, 401k matching, and paid holidays. With a strong belief in diversity, equity, and inclusion, NSB offers several colleague-led diversity forums with the intent to ensure representation and cultural sharing among our colleagues. At Nevada State Bank, we truly believe that it matters WHO you work with.

We are now accepting applications for a Corporate Underwriter (Commercial/Business Banking Underwriter) to join our team. Position can be located in Las Vegas, NV or Reno, NV. This position may have the potential to be hybrid position with 3 days in office and 2 days work from home.

Essential Functions:

• Responsible for compilation of data as it relates to preparation of credit packages (or pre-screens) incorporating spreads, cash flow, value of related collateral, appraisals, audits and other data.
• Interprets outcome of analysis and prepares summary, recommendations and may make joint presentations with Relationship Manager (RM) to Credit Approvers on renewals and new loans submitted. 
• Responsible for evaluating, analyzing and forming opinions for the approving or denying of commercial, commercial RE, and/or business banking loan applications. 
• Responsible for spreading financial statements, identifying credit strengths and weaknesses, providing detailed and documented analysis of credit worthiness. 
• Ensures credit requests are processed in accordance with bank policies, banking regulations and laws. 
• Identify risk and mitigating factors related to conducting a thorough credit analysis for approval.
• Responds to internal and external customer inquiries.
• Recommends exceptions based on findings.

Qualifications:

• Requires a Bachelor's in Finance, Business, Accounting or a related field and 4+ year commercial, commercial real estate credit or business banking underwriting, spread analysis, lending, underwriting concepts, practices and procedures or other directly related experience. A combination of education and experience may meet qualifications.
• Extensive knowledge of commercial, commercial RE and/or business banking credit underwriting, spread analysis, lending, underwriting concepts, practices and procedures. 
• Strong working knowledge of Business Banking, C&I and CRE loan requirements with the ability to identify risk and mitigating factors related to conducting a thorough credit analysis for approval. 
• Extensive working knowledge of balance sheets, income and cash flow statements. 
• Strong understanding of commercial and/or business banking lending policies and procedures and general banking laws and regulations. 
• Ability to analysis and research financial statements, business plans, credit reports, debt ratios and loan to value information. 
• Possess strong judgment, ability to make sound decisions.
• Ability to accept responsibility and handle confidential information. 
• Must have strong customer relations and communication skills, both verbal and written. 
• Must be a self-starter, dependable, accurate in completing responsibilities with strong attention to detail and organizational skills. 
• Extensive working knowledge of a various related software applications, including spreadsheets, word processing, etc.

Benefits: 

• Medical, Dental and Vision Insurance - START DAY ONE! 
• Life and Disability Insurance, Paid Parental Leave and Adoption Assistance
• Health Savings (HSA), Flexible Spending (FSA) and dependent care accounts
• Paid Training, Paid Time Off (PTO) and 13 Paid Holidays, (includes Nevada Day & Family Day)
• 401(k) plan with company match, Profit Sharing, competitive compensation in line with work experience
• Mental health benefits including coaching and therapy sessions
• Tuition Reimbursement for qualifying employees
• Employee Ambassador preferred banking products

Pay range (depending on experience): $90k to $110k