In conjunction with Sr. Underwriter, this position is responsible for structuring, underwriting and ongoing monitoring of Commercial & Industrial (C&I) loans in the mid-upper middle market. Loan types include owner-occupied Commercial Real Estate, Working Capital Lines of Credit, Term Loans, Leveraged Loans, Asset Based Loans, and Cash Flow/Enterprise Value loans for stand-alone and multi-bank credit facilities. Clients include both public and private companies with revenues generally in excess of $25 million and credit needs between $3-25 million.
Evaluate credit requests working closely with C&I Bankers, proactively identify issues and find solutions.
Prepare loan proposals and quarterly/annual loan reviews in an accurate, timely and effective manner.
Perform due diligence on existing and prospective clients in order to obtain and analyze necessary financial information used in the assessment of risk.
Conduct industry analysis, market analysis, property inspections (if necessary), risk rating and stress testing in the preparation of written credit analysis.
Active participant in loan discussion meetings with clients, prospects, Bankers, and Senior and Executive Management.
Highly collaborative relationship with CCU, CUO and LOB Heads
Adhere to and comply with all Bank policies & procedures.
Provide ongoing coaching and support to other team members.
Work on special projects as needed.
Bachelor’s Degree in business, finance or accounting required.
Seven+ years of solid experience in financial analysis, structuring and underwriting.
Ability to analyze balance sheets, income statements, projections, and cash flow information.
Ability to analyze personal financial information as presented by Credit Bureaus and in personal financial statements and personal tax returns.
Working knowledge of Microsoft Outlook, Word, Excel, Co-Star, and Moody’s.
Excellent verbal, written communication and interpersonal skills.
Able to read, write, and speak English well.
Able to deal effectively, tactfully, and courteously with clients, co-workers, and the personnel of other departments.
Ability to organize work-flow and handle a high volume of data with attention to details.
Maintain a professional and positive demeanor at all times.
Peapack-Gladstone Bank is a well-recognized, high-performing boutique bank; a leader in wealth, lending and deposit solutions, capable of providing the most sought after products and services that fulfill all of our clients’ needs.
We offer an innovative approach to private banking to help clients establish, maintain and expand their legacy. We are looking for passionate employees who embrace different ways of thinking and have a strong need to provide clients with an exceptional experience, one we like to call the “Peapack-Gladstone Experience.”