Bank seeks a highly motivated professional to work full-time in our Washington
DC office to support the underwriting of our mission driven loans to
institutions that are values aligned and include foundations, unions, world
health organizations, affordable housing, social advocacy and social services
institutions, sustainability related projects and companies, political
campaigns and B-corporations and progressive companies.
this position will support various business development officers in the
origination and execution of new loans. The underwriter will work closely
with the origination team and credit risk management in reviewing and analyzing
financial statement reports, conducting due diligence, helping structure the
transaction, assessing credit risk ratings, preparing deal screen
presentations, writing credit approval memorandums, presenting recommendations
to credit committee and monitoring and managing the credit portfolio.
thorough, in-depth analysis of new credit request in a timely basis.
working knowledge of the Bank’s lending policies and procedures and identify
exceptions to credit policy.
proper risk rating for all facilities in accordance with credit policy
and/or conference calls on transactions, lead due diligence discussions and
develop deal indicative term sheets and deal screen presentations.
transactions appropriately that meet client’s needs and bank’s requirements.
comprehensive credit memorandums that provide rationale, opinions and
recommendations regarding proposed loans. Assist in presentation of
transactions to credit committee in support of approval.
and review loan documentation for all underwritten or managed credits, prepared
by internal or external counsel.
Assist in annual
review process as needed.
Skills and Experience Requirements:
Minimum of five
(5) years of underwriting and account management experience, preferably within
a commercial banking/middle market lending environment
with financial modeling, simulations and Microsoft Office
financial analysis skills, including understanding financial data, e.g. balance
sheets, income statements, cash flow statements, financial rations, etc.
Completion of a
formal Bank Credit Training program highly preferred
written, inter-personal, and public presentation skills
organizational skills; able to work independently and be detail oriented and
Ability to work
well on a team with different personalities, adjust quickly to various work
situations, and remain composed under pressure/in stressful situations
Ability to work
on multiple transactions simultaneously and prioritize assignments to meet
Amalgamated Bank is an Equal
Opportunity and Affirmative Action Employer,
Minorities / Females / Individuals with Disability / Veterans
AmeriCorps, Peace Corps
and other national service alumni are encouraged to apply
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Submission of a resume
or any information regarding your qualifications does not constitute a promise
or offer of employment. At Amalgamated Bank, we consider an applicant to be
someone who has interviewed at least once, in person, with the hiring manager.