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Underwriter - Mid-Corporate / Healthcare

Company: IDB
Location: New York
Posted on: November 22, 2021

Job Description:

Company Description

For more than 70 years, IDB Bank has made it our mission to be the best bank for our clients by putting their needs first, and the success we've enjoyed fundamentally comes down to our people. Here at IDB, you'll work side by side with some of the most talented professionals in the industry who share a strong sense of teamwork and a passion for providing exceptional service down to the smallest detail. We offer a comprehensive benefits package that includes generous paid time off and the ability to participate in our medical coverage and 401(k) plan on your very first day with us. We are also committed to diversity and inclusion, and to providing all of our team members with an equal opportunity to succeed and make meaningful contributions within a work environment that is respectful, welcoming and inclusive.

Job Description

  • Underwrite new Mid-Corporate and Healthcare lending facilities.
  • Complete periodic renewals, annual credit reviews and amendments on a timely basis for assigned borrowers.
  • Monitor and report all key risks and potential deterioration in credit quality to the underwriting manager, team leader, and group head.
  • Prepare loan pricing models with accurate inputs relating to the subject facility.
  • Assist in reviewing loan documentation, negotiation and follow through to the closing.
  • Work closely with Relationship Managers, calling on prospective and existing clients to identify needs, aid with new business development and provide on-going service support as needed.
  • Comply with all of the bank's and department's policies and procedures; including completion of all required training courses in a timely fashion.
  • Work on special projects as assigned.


    • Underwriter needs to have strong credit and organizational skills as well as solid understanding of Corporate Banking and/or Healthcare credit facilities (lines of credit, asset reliant loans, and to a lesser extent cash flow loans and commercial mortgages) with loan sizes varying from $5MM to $100MM
    • Minimum experience of 4 - 7 years in Corporate Banking or Healthcare Finance underwriting required.
    • Must be able to work as part of the Middle Office team working together with Underwriting Manager, Account Officer and Team Leader.
    • Willingness to take on special projects as they arise.
    • Should already be familiar with loan systems and underwriting processes.
    • Should possess strong communication skills (verbal and written).
    • Ability to work in a collaborative environment and meet tight deadlines.
    • Bachelor's degree in a related field required.

      Additional Information


      The above statements are intended to describe the general nature and level of work being performed by people assigned to this classification. They are not to be construed as an exhaustive list of all responsibilities, duties, and skills required of personnel so classified. All personnel may be required to perform duties outside of their normal responsibilities from time to time, as needed.

      All your information will be kept confidential according to EEO guidelines.

      Due to COVID-19, most of our employees are working remotely. We have implemented a virtual hiring process and continue to interview applicants by phone or video and are onboarding new hires remotely. We value the safety of our employees because we're all in this together.


      I'm interested

Keywords: IDB, New York , Underwriter - Mid-Corporate / Healthcare, Healthcare , New York, New York

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