Underwrites and structures commercial lending transactions, renewals, and amendments; evaluates financial, collateral, covenant, and documentation risks; prepares credit presentations and portfolio reports; presents requests to credit authorities; monitors loan compliance, risk ratings, and criticized loans; and collaborates with clients, lenders, and senior management on risk mitigation and portfolio administration.
Job Summary & ResponsibilitiesPreferred Qualifications
Responsibilities include but are not limited to:
- Underwrites and structures new prospective transactions as well as renewals, extensions, increases, and material modifications and amendments for existing clients.
- Participates in external client meetings as well as internal deal team discussions and approval discussions with senior management. Identifies, outlines, and mitigates risks associated with potential lending opportunities, advises on all matters related to the Bank's Credit Policy and related procedures, and provides guidance on loan structures and risk appetite.
- Performs the required due diligence and analysis, produces the credit presentation in accordance with guidelines and policy while ensuring timely completion of the underwriting, presents credit requests to the required level of credit authority.
- Maintains oversight via internal reporting and dashboards of all ongoing portfolio monitoring requirements and client deliverables as well as compliance with all terms of the loan agreement including (i) financial reporting, (ii) covenant compliance, (iii) collateral monitoring, (iv) required third party reports, (v) annual reviews, and (vi) maturing loans and lines of credit. In coordination with the business team, maintains direct contact with clients as needed for account monitoring and administration and site visits.
- Validates and analyzes reports such as financial statements, borrowing base certificates, collateral field examinations, appraisals, engineering reports, etc. to verify compliance. Escalates issues to appropriate levels and develops action plans as necessary.
- Ensures credits are accurately risk rated and are properly monitored and reported.
- Prepares all required quarterly reports and analysis including Criticized Loan Monitoring Reports as well as other portfolio management reports as required.
- Participates in special projects and requests related to the management of the portfolio.
Required Skills:
- Demonstrates a strong understanding of policies and procedures, underwriting guidelines and RACs.
- Strong knowledge of credit underwriting, financial accounting and loan documentation.
- Strong knowledge of how a deal should be structured and comfortability with conversing this structure to lenders.
- Strong computer skills using Microsoft Word, Excel and Outlook.
- Strong level of interpersonal and social skills needed to interact with loan officers, administrative staff and customers.
- Ability to manage time efficiently.
- Strong mathematical skills.
- Strong credit skills.
- Strong administrative skills.
- Ability to write reports and business correspondence.
- Ability to effectively present information and respond to questions.
Required Experience:
- High School diploma or GED.
- Minimum of 5 years of experience in a commercial lending environment in a credit-oriented and underwriting position.
Preferred Experience:
- Bachelor's degree and completion of a formal credit training program.
Valley Bank Morristown, New Jersey, USA Office
70 Speedwell Ave, Morristown, New Jersey, United States, 07960
Valley Bank Bloomfield, New Jersey, USA Office
Bloomfield, United States
Valley Bank Clark, New Jersey, USA Office
Clark, United States
Valley Bank Clifton, New Jersey, USA Office
Clifton, United States
Valley Bank East Brunswick, New Jersey, USA Office
East Brunswick, United States
Valley Bank Fair Lawn, New Jersey, USA Office
Fair Lawn, United States
Valley Bank Freehold, New Jersey, USA Office
Freehold, United States
Valley Bank Hackensack, New Jersey, USA Office
Hackensack, United States
Valley Bank Hoboken, New Jersey, USA Office
Hoboken, United States
Valley Bank Kearny, New Jersey, USA Office
Kearny, United States
Valley Bank Little Falls, New Jersey, USA Office
Little Falls, United States
Valley Bank Livingston, New Jersey, USA Office
Livingston, United States
Valley Bank Middlesex, New Jersey, USA Office
Middlesex, United States
Valley Bank Middletown, New Jersey, USA Office
Middletown, United States
Valley Bank New York, New York, USA Office
New York, United States
Valley Bank New York, New York, USA Office
New York, United States
Valley Bank Newark, New Jersey, USA Office
Newark, United States
Valley Bank Passaic, New Jersey, USA Office
Passaic, United States
Valley Bank Paterson, New Jersey, USA Office
Paterson, United States
Valley Bank Succasunna, New Jersey, USA Office
Succasunna, United States
Valley Bank Wayne, New Jersey, USA Office
Wayne, United States, 0
Similar Jobs
Cloud • Information Technology • Machine Learning
Provides legal support for commercial real estate development, construction, and infrastructure projects across CoreWeave’s data center portfolio. Responsibilities include negotiating real estate, construction, engineering, contractor, and professional services agreements; advising on due diligence, zoning, permitting, utilities, entitlements, construction risks, claims, and disputes; managing outside counsel; and developing scalable legal templates and processes.
Digital Media • Information Technology • News + Entertainment
Develop and maintain BI reporting for Digital TV business metrics, analyze large datasets to identify sales, inventory, and yield opportunities, and build automated reporting solutions. Collaborate with business and technology stakeholders on product features and processes, create ETL workflows, ensure data quality, and implement AI-powered analytics to support faster data-driven decisions.
Top Skills:
Ai-Powered AnalyticsETLLookerExcelPythonRSQLTableau
Digital Media • Information Technology • News + Entertainment
Leads billing system refinement, project initiatives, quality assurance, change management, issue resolution, and process improvements. Analyzes billing data, executes time-sensitive changes, mitigates financial and customer risks, supports cross-functional troubleshooting, and mentors junior staff. The role requires independent judgment, advanced end-user support, strategic problem-solving, and availability for nights, weekends, and variable schedules.
Top Skills:
Cloud Billing Systems
What you need to know about the NYC Tech Scene
As the undisputed financial capital of the world, New York City is an epicenter of startup funding activity. The city has a thriving fintech scene and is a major player in verticals ranging from AI to biotech, cybersecurity and digital media. It also has universities like NYU, Columbia and Cornell Tech attracting students and researchers from across the globe, providing the ecosystem with a constant influx of world-class talent. And its East Coast location and three international airports make it a perfect spot for European companies establishing a foothold in the United States.
Key Facts About NYC Tech
- Number of Tech Workers: 549,200; 6% of overall workforce (2024 CompTIA survey)
- Major Tech Employers: Capgemini, Bloomberg, IBM, Spotify
- Key Industries: Artificial intelligence, Fintech
- Funding Landscape: $25.5 billion in venture capital funding in 2024 (Pitchbook)
- Notable Investors: Greycroft, Thrive Capital, Union Square Ventures, FirstMark Capital, Tiger Global Management, Tribeca Venture Partners, Insight Partners, Two Sigma Ventures
- Research Centers and Universities: Columbia University, New York University, Fordham University, CUNY, AI Now Institute, Flatiron Institute, C.N. Yang Institute for Theoretical Physics, NASA Space Radiation Laboratory
