A person working as a Underwriter Business Banking in United States of America will on average earn $72008 per year (pre-tax value). Salary is provided in USD ($/dollar) value.
Below is a break-down of yearly, monthly, weekly and hourly rate.
| Rate Type | Amount (USD) |
|---|---|
| Yearly salary | $72,008.00 |
| Weekly salary | $1,384.77 |
| Daily salary | $197.28 |
| Hourly salary | $24.66 |
This means underwriter business banking salary is above average!
Job Industry: banking
Description: An underwriter in business banking is responsible for assessing and evaluating loan applications and creditworthiness of businesses. They analyze financial statements, cash flow projections, market trends, and risk factors to determine the viability of lending to a company. Underwriters also review collateral and ensure compliance with lending policies and regulations. They communicate with clients, gather necessary documentation, and provide recommendations for loan approval or denial. Additionally, underwriters monitor existing loans, assess potential risks, and make recommendations for modifications or renewals. This role requires strong analytical skills, attention to detail, and knowledge of financial markets and lending practices.
Tagged with: underwriter, business banking, credit analysis, risk assessment, financial analysis, loan approval.