Job Details

ABOUT THE ROLE

CountryPlace Mortgage, a leading nationwide personal property, mortgage and commercial lender headquartered in Plano, TX, is seeking a Commercial Underwriting Director to grow our Commercial Lending business which specializes in floorplan and other commercial lending specific to manufactured housing retailers and communities.

This in-person role is in our Plano, TX office. The Commercial Underwriting Director will oversee Commercial Lending as well as work closely with various departments in a visible role to drive cross-functional collaboration.

ESSENTIAL DUTIES & RESPONSIBILITIES

Risk Assessment: Evaluate key risk factors related to specific transactions; develop a well-informed and balanced view of the business, financial and competitive risks; lead customer due diligence calls to develop a better understanding of the company; develop, negotiate, and document appropriate credit structures relative to the risk assessment; ensure UCC filing process matches legal structure; and cultivate and maintain relationships with key stakeholders across tight deadlines to ensure all credit related requirements are finalized and delivered.

Drive the Credit Approval Process: Ensure all credit facilities are approved at the appropriate level; prepare credit approval write-ups, present, and recommend credits for approval at the appropriate level; analyze / propose covenants and other key terms; and collaborate with external and internal counsel to draft and review legal documentation to ensure terms are appropriate and consistent with credit approval.

Portfolio Management: Provide ongoing oversight of credit management activities with a focus on early identification of deteriorating credits; identify and communicate material changes in credit performance and outlook; analyze, prepare, present for approval, and document all required waivers and extensions; prepare and present annual portfolio review to senior management; coordinate with Credit team to ensure accuracy of system data and collection of legal documentation and company reporting; and conduct and maintain analysis on key risk metrics of portfolio (e.g. key ratio analysis, structural analysis, etc.).

Active Member of Deal Team: Actively engage and contribute thoughts and views as a critical member to the overall team; understand everyone's role on the team; provide professional feedback to teammates; anticipate potential issues and proactively remedy and be a value-add contributor and successful communicator to all teammates.

Operating Efficiently: Oversee the underwriting resources, timely submission and focus on meeting and exceeding service level commitments for stakeholders.

Build/Maintain Strong Partnerships: Engage with plants, sales, operations and communicate with customers as needed to enhance and promote the growth of the portfolio.

Leading an effective team: Be a change leader for your direct reports and assist with the mentoring, coaching, and providing ongoing training and development of staff.

POSITION REQUIREMENTS, CAPABILITIES & SKILLS

• Superior analytical skills
• Excellent verbal and written communication skills
• Outstanding organizational and project management skills to balance portfolio management and deal execution responsibilities
• Demonstrated interpersonal skills to collaborate with teammates, plants, senior management, and clients
• Strong work ethic with an ability to meet deadlines while multi-tasking
• Recognized leadership capacities and executive presentation capabilities
• Ability to identify and resolve problems in a timely manner
• Effective decision-making, customer service and problem-solving skills
• Strong attention to detail and accuracy
• Strong understanding of financial analysis, credit underwriting, and risk assessment principles
• Proven track record in business development, loan origination and portfolio management, preferably in the manufactured housing sector
• Ability to work effectively in a team environment

MINIMUM QUALIFICATIONS

• BA/BS degree required in Finance, Business Administration or Accounting
• 3-5 years of Commercial lending experience including credit, structuring, financial statement analysis and marketing
• Minimum of 3 years of experience in commercial lending, with demonstrated credit authority and the ability to make sound, informed lending decisions
• Proficiency in MS Office Suite including Excel, Word and PowerPoint

We offer:

• Competitive Salary plus bonus

• Medical/Dental/Vision Insurance
• Paid Holidays
• 401K Match
• Generous PTO
• FSA/HSA Plans
• Life /Disability/Accidental Insurance and much more!

Applicants must be authorized to work for ANY employer in the U.S. We are unable to sponsor or take over sponsorship of an employment Visa at this time. Local candidates only - relocation not available.

Disclaimer: The above statements are intended to describe the general nature and level of work being performed by associates assigned to this classification. They are not to be construed as an exhaustive list of all responsibilities, duties, and skills required of personnel so classified. All personnel may be required to perform duties outside of their normal responsibilities from time to time, as needed.

Cavco Industries and CountryPlace Mortgage are committed to providing equal employment opportunity without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, or any other protected status with respect to recruitment, hiring, promotion and other terms and conditions of employment.

Equal Opportunity Employer
This employer is required to notify all applicants of their rights pursuant to federal employment laws. For further information, please review the Know Your Rights notice from the Department of Labor.