Director of Credit Underwriting

About Bankwell: Bankwell is a commercial bank with more than $3 billion in assets that serves the banking needs of businesses and individuals. At Bankwell, we pride ourselves on our unique ability to bring our clients high touch, high quality banking with the expertise and dedication of our experienced team of professionals. When it comes to business, our deep industry knowledge, flexibility and innovative treasury and financing services enable us to find the right solutions for our business and commercial clients.

We’re passionate about giving back and are actively involved with many not-for-profit organizations that help shape and improve the lives of others. We’re dedicated to giving our time and talent to support the communities we serve. More about Bankwell can be found at www.mybankwell.com. Summary of Position: The Director of Credit Underwriting position is a senior leadership position in Bankwell and will plan, direct, coordinate, and oversee daily operations, workflow, and other activities of the Credit Underwriting department, and ensure that there is a consistent application of the Bank’s Loan Policy.

Responsibilities include: Lead the overall credit underwriting function to ensure timely and accurate analysis of loan opportunities. Responsible for monitoring loan maturities and coordinating with Private Client Group (PCG) management to ensure timely renewal analysis and minimize the number of administrative extensions Responsible for appropriate identification and application of policies. Leads a team of 7 and is accountable for team management including but not limited to all staffing, training, and performance management of Credit Underwriting team.

Establishes, implements, and monitors internal controls to minimize credit risk in collaboration with Director of Credit Risk Management, PCG and Small Business Administration (SBA) team management. Serves as a resource for structuring deals, identifying and approving Loan Policy exceptions prior to term sheet issuance and during underwriting, ensuring concentration limit compliance and regulatory compliance Provides leadership and guidance on policies and procedures.

Recommends changes/updates as appropriate. Participates in audit, regulatory examination and loan review preparation as necessary Attends Directors Loan Committee regularly and interfaces with members as required. Collects documentation and prepares Directors Loan Committee packages and disseminates to members and invitees. Provides Board materials to Executive Administrator for inclusion in Board packages Ad hoc projects as needed.