[Hiring] Senior Commercial Underwriter @FourLeaf Federal Credit Union

Role Description

The Senior Commercial Underwriter is responsible for commercial credit activities for FourLeaf ensuring consistency with MBL policy and commercial credit standards for commercial lending activities and portfolio. This opportunity is open to flexible work options including a remote set up.

Core Contributions

• Review and analyze commercial loan packages, including leases, rent rolls, tax returns, financial statements, credit reports, appraisal reports, and environmental reports.
• Assess market data and risk to determine creditworthiness and make sound credit decisions in accordance with FourLeaf’s policies and procedures.
• Prepare spreads of applicants’ financial statements and/or tax returns into a standardized spreadsheet form to support financial analysis of the borrower.
• Handle higher volume and more complicated deals including C&I and construction transactions.
• Prepare detailed credit approval memos (CAMs) for review by department AVP and FourLeaf credit committee, ensuring adherence to FourLeaf lending guidelines.
• Recommend risk ratings and/or credit restructuring based on risks identified during underwriting.
• Assist in upkeep of the commercial credit pipeline and provide updated statuses for loan files in process.
• Correspond and collaborate with FourLeaf legal counsel, relationship managers, commercial operations specialists, commercial lending management, members, and prospective members.
• Assist Commercial Capital Markets Manager in providing answers and documentation to participants’ requests for loan sales.
• Maintain underwriting files and review loan documentation prepared by legal counsel to ensure accuracy of information and adherence to FourLeaf policies and procedures.
• Assist with answering auditors’ questions and requests during internal and external audits of FourLeaf’s commercial lending portfolio and underwriting practices.
• Assist the workout and portfolio teams for annual review and workout evaluation and proposals.
• Mentor and coach other underwriters or teammates.
• Assist in updating lending and underwriting policies, guidelines and procedures to ensure compliance.

Qualifications

• Bachelor’s Degree in Business/Finance.
• 5-9 years of experience.
• Strong analytical skills for documentation and evaluating owner occupied commercial real estate transactions and C&I.

Requirements

• The estimated salary for this role is $106,391.00 - $127,669.00 annually.

Benefits

• Comprehensive benefit package including medical, dental, and vision coverage.
• 401K plan with employer match.
• Reimbursement programs.
• Wellness programs.
• Annual performance-based bonus.
• Competitive 401k.
• Tuition reimbursement.
• Flexible work options.
• Volunteer opportunities.
• Water Cooler Chats with executive teammates.
• Clubs & Sports.
• Food truck days.
• …and more!

Company Description

FourLeaf Federal Credit Union (FourLeaf) has been committed to the financial well-being of our members for over 80 years. Through our full range of competitive savings and loan products, you can trust us in every step of your financial journey.

• We are proud to be an award-winning place to work!
• Recent recognitions include Certified Great Place to Work 2024-2025, America’s Greatest Midsize Workplaces 2025, Quantum Workplace Employee Voice Award 2024, and Fortune’s Best Workplaces in Financial Services & Insurance 2024.
• As a credit union, our vision is to enrich the lives of our members, employees, and communities.
• Since 2002, we have been an integral community partner through our charitable giving and community development programs in New York and beyond.