Underwriter

Underwriter

Job ID

2025-14677

Job Locations

US-IL-Chicago

Overview

Employer : Republic Business Credit, a subsidiary of Renasant Bank

This position serves Republic Business Credit which is a subsidiary of Renasant Bank. The Underwriter will conduct activities to assess and bring new clients to funding in compliance with the Credit Policy. This position will primarily support the sales, client service and underwriting teams across its suite of products, including factoring, traditional factoring, and asset-based lending. This position will analyze leads, review client financials, and provide meaningful contributions to the credit functions of Republic Business Credit.

This individual will be expected to proactively learn, engage and develop meaningful awareness of the commercial finance industry.

The Underwriter will represent the Republic both internally and to the external marketplace with professionalism and excellent communication skills throughout the client lifecycle. This position is expected to :

Work closely with the underwriting, client service and new business teams in making informed credit decisions

• Work closely with the Underwriting Manager and client services team to review and assess existing clients for compliance with policies and procedures
• Actively participate in prospect calls with Business Development Officers and in preparation of transaction prescreen documents
• Ensure compliance with credit standards for new clients being introduced
• Maintain an up-to-date understanding of the company, its products, its client base, and the market to implement effective and competitive credit controls
• Be current with the businesses operating procedures as set out in the Credit Policy, How to Guide, and other business resources

REPUBLIC BUSINESS CREDIT AND RENASANT BANK ARE EQUAL OPPORTUNITY EMPLOYERS

Responsibilities

Qualifications

Benefits

Renasant offers the following benefits for this position : Medical, Dental, Vision, Flexible Spending Account, Dependent Care Flexible Spending Account, Health Savings Account, Group Life Insurance / AD&D / LTD, Voluntary Life Insurance (Term and Whole), Supplemental Disability Plans, 401(K) Plan, Employee Assistance Program, Tobacco Cessation Program, Family Medical Leave, Paid Leave Accruals, Holiday Pay, Employee Savings Plan, and Employee Checking.

The base annual salary for this position ranges from $90,000-$140,000. Pay is based on several factors including but not limited to, market location and may vary depending on job related knowledge, skills, education / training, and a candidate's work experience.

Physical Demands

The physical demands described are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. While performing the duties of this job, the employee is frequently required to stand or sit; kneel, stoop, or squat; use hands or fingers to handle or feel objects, tools or controls; reach with hands and arms, and talk or hear. The employee is occasionally required to walk. The employee must occasionally lift and / or move up to 25 pounds. Specific vision abilities required by this job include close vision, peripheral vision, depth perception and the ability to focus.

Work Environment

The Bank's professional working environment requires employees to communicate effectively, both verbally and in writing. Employees must demonstrate strong interpersonal skills when working closely with internal business partners and external clients. Employees may be exposed to confidential and propriety information within the working environment, therefore, must uphold confidentiality at all times. Due to the possibility of being exposed to high risk situations (i.e. robbery), detailed instructions and procedures are required to be followed at all times to safeguard the Bank's employees, customers, and assets.

The above is intended to describe the general content of and requirements for the performance of this job. It is not to be construed as an exhaustive statement of duties, responsibilities, or requirements. The principal duties and responsibilities enumerated are all essential job functions except for those that begin with the word "May".

This job description is intended to describe the normal level of work required by the person performing the work. The principle duties outlined are the essential responsibilities and duties. Other duties may be assigned as needs arise. Job requirements and / or processes may be modified to reasonably accommodate persons with a disability as required by law.

This description is not intended as a contract and is subject to change. Any written contractual agreements supersede this job description.