Job Summary

Altoona First Savings Bank is seeking an experienced Commercial Credit Underwriting Manager to oversee commercial credit underwriting, loan structuring, and ongoing portfolio management. This role is responsible for ensuring consistent credit analysis, sound loan structures, regulatory compliance, and strong risk management practices across the commercial loan lifecycle.

The ideal candidate brings deep commercial credit expertise, strong leadership capabilities, and a commitment to relationship-based community banking.

Key Responsibilities

Credit Analysis & Underwriting Oversight

• Oversee and perform analysis of commercial loan requests using Sageworks and other approved tools
• Review loan structures, terms, pricing, collateral, and risk alignment with Bank policy
• Ensure underwriting narratives, risk ratings, and supporting documentation are complete and accurate
• Review commitment letters for accuracy and policy compliance

Loan Processing, Documentation & Booking

• Oversee loan setup, documentation review, booking, and imaging
• Ensure all required documents are properly executed and scanned
• Identify and resolve loan corrections including payments, rate changes, and booking errors
• Review and approve loan draws and advances in accordance with approval terms

Portfolio Monitoring & Servicing

• Ensure timely completion of annual reviews, covenant testing, and risk rating validation
• Oversee participation loan servicing, including payments and coordination with lead banks
• Monitor demand loans approaching maturity and expired loans
• Track maximum credit exposures and compliance with internal limits

Reporting & Reconciliations

• Review and manage recurring reports including:
  • Expired loans
  • Missing documentation
  • Demand loan maturities
  • UCC-1 filings and continuations
• Perform general ledger balancing related to loan activity

Compliance, Audit & Risk Management

• Support internal and external audits, exams, and loan reviews
• Ensure corrective actions are implemented and documented
• Maintain compliance with regulatory requirements and internal policies

Annual & Periodic Responsibilities

• Coordinate annual financial information requests
• Review portfolio trends and credit concentrations for senior management and Board reporting

Qualifications

Preferred Qualifications

• Bachelor’s degree in Finance, Accounting, Business, or related field (or equivalent experience)
• Minimum 5 years of commercial credit underwriting experience in a banking environment
• Strong knowledge of commercial loan structures, cash flow analysis, and collateral evaluation
• Experience with credit analysis platforms
• Prior supervisory or managerial experience
• Experience with SBA lending and/or participation loans

Knowledge, Skills & Competencies

• Strong analytical and critical-thinking skills
• High attention to detail and sound judgment
• Excellent written and verbal communication skills
• Ability to manage multiple priorities in a regulated environment
• Commitment to ethical standards and credit quality

Work Location & Schedule

• On-site position at the Bank’s Corporate Office
• Location: 203 N Logan Blvd, Altoona, PA 16602
• Periodic extended hours may be required during audits or peak workload periods