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Senior Underwriter at 1st Financial Bank USA

Posted in Insurance 30+ days ago.

Type: Full-Time
Location: Sioux Falls, South Dakota





Job Description:

Title:  Senior Underwriter

Location:  Sioux Falls, SD

Builder Finance Inc. or “BFI” finances home builders and home investors across the country. BFI provides construction loans, renovation loans, rental investment property loans, and more.

 BFI is an entrepreneurial organization that embraces a strong service-based culture. Working within a small, collegial team the successful candidate will play an important role, being responsible for: (1) researching, surveilling, and analyzing the credit worthiness of borrowers and (2) fulfillment of finance/accounting related items. 

Key responsibilities include:



  • Initial Borrower Due Diligence Analyze financial statements, tax returns, credit reports, and background reports.


  • Annual Financial Review Work with borrowers and team members to compile and report accurate business financials of larger borrowers.


  • Accounts Payable & Receivable Oversee certain accounts payable and accounts receivable.


  • Loan Statements Prepare loan closing and loan payoff statements.


  • Loan Surveillance Assist with data gathering, analysis, and the preparation of monthly reporting presented to Management and the Board of Directors.


  • Unfunded Balance Assist in fulfilling unfunded commitments.

Expectations should be set for approximately 45 hours of work per week (8:00-5:30, with half an hour off for lunch). There will be minimal to zero travel. Assuming positive performance of both the subject hire and BFI, the subject hire may earn increased compensation including participation in a bonus pool.

Qualifications:



  • Education: Prefer but not required is a bachelor’s degree with a major in accounting, finance, economics, or similar.


  • Experience: At least 1.5 years of experience, preferably 3+ years, underwriting business and/or personal financial statements.  


  • Specific Skills and Character Qualities:

    • Have great attention to detail and organizational skills

    • Able to communicate effectively and maturely

    • Have tenacity and an ongoing desire to maximize productivity

    • Experienced with Microsoft Office products, primarily Outlook and Excel

    • Adept at identifying problems and presenting potential solutions

We provide a highly competitive and comprehensive compensation and benefits program including affordable medical/dental/vision insurance, generous paid leave program, 401(k), health savings account, tuition reimbursement, financial childcare assistance and much more!

Builder Finance Inc. is an EO employer - M / F / Vets / Disabled. 

Builder Finance Inc. participates in E-Verify

E-Verify Participation Poster English and Spanish (uscis.gov)

IER Poster (justice.gov)

See Job Description





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