Commercial Underwriting Manager

Job Title: Commercial Underwriting Manager

Location: Austin, TX

Position Summary

The Commercial Underwriting Manager is responsible for leading the underwriting function for commercial credit, ensuring sound credit decisions, consistent risk evaluation, and adherence to the bank’s credit policies. This role oversees a team of underwriters and analysts, supporting Commercial Banking by delivering timely, accurate, and well-structured credit analyses across a broad range of commercial lending products.

The Manager plays a critical role in balancing growth and risk management, partnering closely with Relationship Managers, Credit Officers, and senior leadership to support high-quality loan originations while maintaining strong asset quality.

Key Responsibilities

Team Leadership & Development

• Lead, mentor, and develop a team of commercial underwriters and credit analysts

• Establish performance standards, provide coaching, and conduct regular evaluations

• Foster a culture of accountability, collaboration, and continuous improvement

Credit Underwriting Oversight

• Oversee the preparation and review of credit memos, financial analyses, and risk assessments

• Ensure consistent application of underwriting standards across all commercial loan types

• Maintain high-quality, well-documented credit packages for approval

Commercial Credit Expertise

• Support underwriting across a wide range of commercial lending, including:Commercial & Industrial (C&I)
  Commercial Real Estate (CRE), including income-producing and construction loans
  Owner-occupied real estate and specialized lending structures
  

• Evaluate complex transactions, including multi-entity borrowers and layered capital structures

Risk Management & Credit Quality

• Ensure sound risk assessment, including analysis of cash flow, collateral, guarantor strength, and industry trends

• Monitor portfolio trends and identify emerging risks

• Maintain adherence to internal risk rating systems and credit policies

Process Management & Efficiency

• Manage underwriting workflow to ensure timely turnaround and service level expectations

• Identify opportunities to streamline processes and improve efficiency

• Implement best practices and standardization across the underwriting function

Cross-Functional Collaboration

• Partner closely with Relationship Managers to structure deals and provide credit guidance

• Work with Credit Officers and senior leadership on approvals and policy interpretation

• Collaborate with loan operations, documentation, and risk teams

Regulatory Compliance & Governance

• Ensure all underwriting activities comply with regulatory requirements and internal policies

• Support internal and external audits, loan reviews, and examinations

• Maintain thorough documentation and audit-ready processes

Qualifications

• Bachelor’s degree in Finance, Accounting, Business, or related field

• 8–12+ years of commercial credit underwriting experience

• 3–5+ years of leadership or supervisory experience preferred

• Strong knowledge of commercial lending, including C&I and CRE

• Proven ability to analyze complex financial structures and transactions

Preferred Skills

• Advanced financial analysis and modeling capabilities

• Strong understanding of credit policy, risk rating systems, and regulatory expectations

• Experience with construction lending and complex CRE transactions

• Excellent leadership, communication, and decision-making skills

• Ability to manage multiple priorities in a fast-paced environment

Compensation & Benefits

• Competitive base salary + performance-based incentives

• Comprehensive health, dental, and vision coverage

• 401(k) with company match

• Paid time off and holidays

• Ongoing professional development opportunities

Work Environment

• Office-based or hybrid work environment

• Collaborative setting supporting Commercial Banking teams

• Fast-paced, deadline-driven environment focused on credit quality and execution