Portfolio Credit Underwriter (PILP)

Presbyterian Church USA•Louisville, KY

6d•Hybrid

About The Position

The Presbyterian Investment and Loan Program, Inc. (ILP) is a nonprofit corporation of PC(USA) created to provide low-cost loans to congregations, governing bodies and related entities of PC(USA). We provide loans for the construction or purchase of buildings, renovations, and even refinancing of existing debt. Whether it is reshaping a space to meet the needs of a changing congregation, reducing the carbon footprint by utilizing energy efficient products and renewable energy sources, or expanding mission and outreach efforts by reducing the amount of funds necessary for debt service, the Program seeks to partner with congregations to determine the best financial results for the project. The Investment and Loan Program raises funds for lending by selling interest-bearing term notes. Every day, Presbyterians across the country are supporting the growth of mission and ministry throughout our denomination. The Investment & Loan Program, as a nonprofit, does not have any shareholders. Its sole member, which is nonvoting, is the Presbyterian Church (U.S.A.), A Corporation. Position Purpose: The Portfolio Credit Underwriter supports lending and portfolio management by underwriting loans, financial spreading, preparing credit packages, and providing portfolio monitoring for key metrics. The role provides essential financial analysis and documentation while partnering with Relationship Managers (RM), loan committees, and leadership to ensure accurate credit evaluation and effective portfolio oversight.

Requirements

Bachelor's degree in finance, accounting, business, or related field preferred or equivalent work experience.
5+ years of experience in commercial/business underwriting, credit analysis, or portfolio management.
Strong financial analysis skills, including experience spreading financials.
Familiarity with loan management systems; Abrigo Loan Origination software experience is a plus.
Demonstrated problem‑solving and critical‑thinking skills; strong professional and clear communication; high integrity and accountability; ability to work independently while collaborating effectively with closing associates; and the flexibility to prioritize tasks in a mission-driven environment.
Must have the ability to sit for long periods of time.
Must have the ability to lift 20 lbs.

Nice To Haves

Have a deep understanding and commitment to cultural and racial ethnic inclusiveness. Values diverse groups, ethnicities, genders, communities, cultural constituencies and points of view. Able to relate well to people from all walks of life and of varying theological perspectives.
Ability to speak one or more languages other than English very helpful

Responsibilities

Loan Underwriting and Credit Analysis
Underwriting all commercial loans under established threshold, including detailed financial statement spreading and risk evaluation.
Prepare complete and accurate credit packages for committee approval.
Ensure timely processing and adherence to underwriting standards and internal credit policies.
Loan Intake
Process all loan inquires reflecting receipt and assigning to appropriate RM, and outside key constituents.
Conduct financial spreading, loan system input, and analysis of community factors and statistical trends for all received applications, ensuring the loan origination package is complete before concluding the underwriting process or forwarding materials to the Relationship Manager.
Portfolio Monitoring & Loan Administration
Prepare and update the monthly Watch List, including coordination with Relationship Managers to collect supporting financial and narrative updates.
Oversee ongoing loan reviews, including data tracking and coordination between Relationship Managers.
Prepare and process loan adjustment and loan modification requests for committee approvals.
Provide underwriting details, documentation, and committee approvals to support the Closing Associates as they prepare the commitment letter and final loan closing documents.
Committee & Leadership Support
Prepare and distribute loan packages to the Staff Loan Team (SLT), Loan Policy Committee (LPC), and the Board of Directors (BD).
Serve as a recorder for meeting minutes for SLT, LPC, and BD.
Schedule meetings for SLT and LPC and ensure all required materials are prepared in advance
Cross Functional Collaboration
Partner closely with Relationship Managers to collect borrower’s financials, assemble Watch List materials, and support ongoing loan monitoring.
Ensure clear and timely communication with internal teams and external partners.
Maintain organized, accurate, and compliant credit files and records.