Senior Underwriter - Structured Finance

We Are Changing FINANCE to finance CHANGE!

Climate First Bank is a Florida Benefit Corporation, state chartered, FDIC-insured commercial bank. With three physical branches in St. Petersburg, Winter Park, and Mount Dora, plus one digital branch, we offer a full suite of banking products-including personal and business banking and loan products (solar, residential, commercial, SBA, and more). We're passionate about the environment, social issues, and making our communities (and the world) better than we found them.

We want YOU to join us in this mission, and we're looking for exceptionally hard-working, passionate, and bright new team members.

We're a team of growth-focused, goal-oriented, and competitive individuals who work hard to achieve our mission and growth milestones-always setting and exceeding new goals. We love what we do and enjoy working with people who share our excitement and vision!

Come join our Structured Finance team as a Senior Underwriter. In this role, you will champion an inclusive, equitable, and regenerative economic system by shaping underwriting strategies, structuring deals, analyzing credit risks, and guiding junior underwriters.

Join us in this exciting start-up experience and take your career to levels unattainable in a traditional bank environment. Please send a resume to apply.

Benefits

• Competitive compensation
• Employer-paid medical, vision, and dental insurance
• Employer-paid disability and life insurance
• 401k match
• Employee Stock Options
• Compelling incentive plans
• Employee-only rates for select loan products
• Work with an amazing team of dedicated, like-minded individuals
• Be part of an exciting venture with incredible growth opportunities

Position Summary

All Climate First employees must be willing to embrace the vision of an inclusive, equitable, and regenerative economic system. The Sr. Underwriter - Structured Finance is a key player in developing, managing, and executing underwriting strategies for factoring and ABL portfolios. This hands-on role involves structuring deals, analyzing collateral and credit risks, and presenting recommendations to the credit committee. The Sr. Underwriter will be instrumental in refining underwriting processes, mentoring junior underwriters, and ensuring transactions align with bank policies, regulations, and sustainability objectives.

Primary Responsibilities

Underwriting & Credit Analysis

Independently underwrite factoring and ABL transactions, conducting in-depth financial, collateral, and credit risk analyses. Review financial statements, borrowing bases, A / R aging reports, and industry data to guide risk assessments and deal structuring. Ensure adherence to credit policy, regulatory standards, and risk guidelines.

Policy & Process Development

Maintain expertise in credit policy. Develop and refine underwriting processes, templates, and best practices to enhance efficiency and consistency. Recommend updates to credit procedures, tools, and methodologies based on trends and feedback.

Deal Structuring & Documentation

Structure financing solutions that balance client needs with risk mitigation. Prepare Credit Line Approval Forms emphasizing financial health, collateral quality, industry outlook, and proposed terms.

Credit Committee Engagement

Present clear, data-driven recommendations to the credit committee and leadership. Address questions, clarify details, and offer strategic insights.

Portfolio & Relationship Management

Conduct annual client reviews to reassess creditworthiness, collateral valuation, and covenant compliance. Coordinate timely field exams and audits with vendors. Monitor portfolio trends, identify risks, and adjust standards or deal structures as needed.

Team Leadership & Mentorship

Serve as a subject matter expert, guiding junior underwriters in financial analysis, risk evaluation, and structuring. Collaborate with Relationship Managers, Credit Officers, and Operations for seamless execution and superior client service.

Secondary Responsibilities

Specific Requirements

5-10 years of underwriting in factoring, ABL, or related fields.

Strong expertise in factoring and ABL structures, borrower profiling, collateral types, and financial statement analysis. Proficiency in borrowing base analyses, debtor assessments, and portfolio strategies.

Solid understanding of banking regulations, credit policies, and loan documentation standards.

Skilled at creating detailed credit memos and confidently presenting to executive committees.

Excellent critical thinking and attention to detail, with the proven ability to interpret financial data and provide actionable recommendations.

Collaborative mindset with remote working experience.

Company Conformance

While performing your tasks, you must maintain an excellent knowledge of Board-approved policies, procedures, and regulations, including those defined by BSA, AML, CIP, and OFAC.

Physical / Work Conditions

While performing your duties, you may be required to sit, talk, hear, lift up to 20 lbs., work evenings and / or weekends, attend remote meetings, and / or travel. Reasonable accommodations will be considered on a case-by-case basis.

Equal Opportunity Statement

At Climate First Bank, we truly believe our people are our strength, and the diverse talents they bring to our workforce are directly linked to our success. Diversity and inclusion are at the core of our values and mission. We do not discriminate on the basis of any protected attribute, including race, religion, color, national origin, gender, sexual orientation, gender identity, gender expression, age, marital or veteran status, pregnancy or disability, or any other basis protected under applicable law. In accordance with applicable law, we make reasonable accommodations for applicants' and employees' religious practices and beliefs, as well as any mental health or physical disability needs.

Equal Opportunity Employer / Disability / Veterans

E-Verify Statement

This employer participates in E-Verify and will provide the federal government with your Form I-9 information to confirm your authorization to work in the U.S. If E-Verify cannot confirm your authorization, we will give you written instructions and an opportunity to contact the Department of Homeland Security (DHS) or Social Security Administration (SSA) before taking any action, including terminating your employment. Employers can only use E-Verify once you have accepted a job offer and completed the Form I-9.