Vice President, Commercial Underwriting - Resort Finance

About This Role

This role involves underwriting complex resort finance loan requests and renewals, building internal relationships, and ensuring compliance, while possibly mentoring junior analysts.

Responsibilities

• Underwrite complex timeshare and/or fractional ownership resort related loan requests and renewals
• Build internal relationships by working with lending officers on credit matters
• Review loan structure, financial spreads, entity structures, collateral, market data, and reports
• Communicate inherent risks and prepare recommendations to Credit Administration
• Mentor junior analysts in financial analysis, loan structure, appropriate covenant conditions, and identifying and mitigating credit risks
• Perform financial statement analyses, typically involving complex and interlocking relationships
• Monitor and evaluate receivable collateral performance through trend reports and communication with timeshare operators
• Perform pre-qualification assessment and analysis of financial condition and risk of financing requests
• Gather and analyze information necessary to present a financing request to senior management or Loan Committee
• Recommend loan terms and conditions to lending officers

Requirements

• 6+ years of related experience
• Bachelor's degree or equivalent experience
• Advanced knowledge of general banking operations
• Advanced knowledge of applicable regulatory and legal compliance obligations, rules and regulations, industry standards and practices
• Advanced speaking and writing communication skills

Qualifications

• Bachelor's degree or equivalent experience required
• 6+ years of related experience

Benefits