Credit Risk Underwriter
About the Role:
We're seeking a highly experienced Underwriter to support the growing workload in evaluating financial institutions. This is a hands-on, analytical role focused on underwriting banks and insurance companies, not retail or consumer loans. The ideal candidate will have a deep understanding of CAMELS methodology, credit ratings, and derivatives exposure (IRD, FX, RPA-Outs, RPA-Ins).
Key Responsibilities:
Perform full-cycle underwriting of financial counterparties (banks, insurance firms)
Analyze financial statements and interpret complex ratios
Apply the CAMELS framework to assess institutional credit risk
Evaluate counterparties' exposure to derivatives, including interest rate derivatives (IRD), foreign exchange (FX), and repos (RPA-In/RPA-Out)
Understand how market perception, reputation, and risk ratings influence product engagement
Leverage credit ratings and internal scoring grids to determine risk levels
Prepare detailed underwriting summaries with clear justification and rationale
Support backlog of underwriting cases requiring immediate attention
Qualifications:
7–10 years of experience underwriting financial institutions (not consumer lending)
Strong working knowledge of CAMELS methodology
Experience working with or underwriting regional banks (e.g., JPMorgan, Citi, Wells Fargo)
Solid understanding of financial products: IRD, FX, RPA-Outs, RPA-Ins
Bachelor’s degree in Finance, Accounting, or related field; MBA or CFA is a plus
Proficient with Microsoft Excel, Outlook, Word; Salesforce experience is a plus
Ability to work independently and clearly articulate underwriting decisions
• ** Pay Rate- $90-$98/hour
Russell Tobin offers eligible employee’s comprehensive healthcare coverage (medical, dental, and vision plans), supplemental coverage (accident insurance, critical illness insurance and hospital indemnity), 401(k)-retirement savings, life & disability insurance, an employee assistance program, legal support, auto, home insurance, pet insurance and employee discounts with preferred vendors.
Apply Now
Apply Now
We're seeking a highly experienced Underwriter to support the growing workload in evaluating financial institutions. This is a hands-on, analytical role focused on underwriting banks and insurance companies, not retail or consumer loans. The ideal candidate will have a deep understanding of CAMELS methodology, credit ratings, and derivatives exposure (IRD, FX, RPA-Outs, RPA-Ins).
Key Responsibilities:
Perform full-cycle underwriting of financial counterparties (banks, insurance firms)
Analyze financial statements and interpret complex ratios
Apply the CAMELS framework to assess institutional credit risk
Evaluate counterparties' exposure to derivatives, including interest rate derivatives (IRD), foreign exchange (FX), and repos (RPA-In/RPA-Out)
Understand how market perception, reputation, and risk ratings influence product engagement
Leverage credit ratings and internal scoring grids to determine risk levels
Prepare detailed underwriting summaries with clear justification and rationale
Support backlog of underwriting cases requiring immediate attention
Qualifications:
7–10 years of experience underwriting financial institutions (not consumer lending)
Strong working knowledge of CAMELS methodology
Experience working with or underwriting regional banks (e.g., JPMorgan, Citi, Wells Fargo)
Solid understanding of financial products: IRD, FX, RPA-Outs, RPA-Ins
Bachelor’s degree in Finance, Accounting, or related field; MBA or CFA is a plus
Proficient with Microsoft Excel, Outlook, Word; Salesforce experience is a plus
Ability to work independently and clearly articulate underwriting decisions
• ** Pay Rate- $90-$98/hour
Russell Tobin offers eligible employee’s comprehensive healthcare coverage (medical, dental, and vision plans), supplemental coverage (accident insurance, critical illness insurance and hospital indemnity), 401(k)-retirement savings, life & disability insurance, an employee assistance program, legal support, auto, home insurance, pet insurance and employee discounts with preferred vendors.
Apply Now
Apply Now