Abl Underwriter 2

Description: This position reports to the Western Region Underwriting ManagerPrimary duties and responsibilities: This deal-oriented position assumes responsibility for a transaction once a Proposal Letter is executed and a due diligence deposit/reimbursement agreement is received, and maintains “ownership” until the transaction ultimately closes. Primary responsibilities include completion of a comprehensive financing memorandum and facilitating the loan closing process. Completion of the Comprehensive Financing Memorandum: Assesses the creditworthiness of prospective clients by;* Working closely with Business Development Officers, Underwriting Analysts and Regional Underwriting Manager.* Developing a solid working relationship with prospective borrowers, key WFF referral sources (PEGs, investment banks) and other potential senior/junior lending partners.* Coordinating/Scheduling and analyzing appraisals, valuations and field examinations. * Analyzing historical and projected financial statements (including sensitized projection models). Calculating overall liquidity and covenants.* Assessing competition, industry and market comparables and relating it to the proposed borrower in terms of valuation, risks to the borrower’s business model and WFF’s exit strategy. * Attending/Participating in credit committee for each transaction underwritten.Facilitation of the loan closing process: The underwriter will negotiate with top-level management of Borrowers to structure and document transactions, manage WFF counsel to ensure that transactions are tightly documented, issues are appropriately identified and resolved and that transactions are executed in an efficient and cost effective manner. This position will facilitate the loan closing process from credit committee approval to closing, execute documents on behalf of WFF, and coordinate the Account Executive introduction and take-over field examination.
Minimum Qualifications


* Minimum Qualifications:Qualifications: Minimum of five years experience in a lending environment or in investment banking with a foundation in credit analysis (asset based and/or cash flow) and exposure to lending products and legal documentation. Underwriting experience required, with some loan closing experience preferred. In addition, exposure/experience within the ABL industry is helpful. The candidate should possess a high energy level, a proven analytical ability, negotiation acumen, with excellent interpersonal skills (verbal and written communication). Solid business judgment, the proven ability to make decisions independently and decisively, the ability to draw on prior experience to resolve issues, and good sense in knowing the limits of one’s authority are imperative requirements. The ability to effectively communicate and coordinate with multiple constituencies is critical. The candidate should be oriented toward a deal driven environment and be capable of managing multiple transactions simultaneously under tight time pressure. Business/Accounting/Finance degree required. MBA and/or CPA certification a plus. Some travel required.