Senior Specialty Underwriter

Peapack Private Bank & Trust is a well-recognized, high-performing boutique bank and a leader in wealth, lending, and deposit solutions.

We provide a broad range of sought-after products and services designed to help our clients establish, maintain, and grow their legacy through an innovative approach to private banking.

What makes Peapack Private different from our competition? As an institution with over 100 years of history, we have always believed in putting the well-being and needs of our employees and clients first.

We are proud to be recognized by American Banker for the eighth consecutive year as one of the nation's "Best Banks to Work For." Our secret sauce, in a word, is our culture .

We value a diverse, equitable, inclusive, and safe workplace.

Our one-team culture goes to great lengths to show all employees that they are valued members of the organization.

We treat one another like family and communicate across the Bank in a transparent and frequent manner, respect and consider feedback from all levels, and operate with a philosophy grounded in hospitality and genuine human kindness.

There are multiple ways to build relationships and get involved; from joining one of our Cultural Ambassador sub-committees (focused on Wellness, Employee Fun, Diversity & Inclusion, or Environmental Awareness), to participating in community service activities through our Volunteerism outreach, to joining LIFT (Leading Inspiring Females Together), a committee focused on enriching the lives of women.

Simply put, our culture is amazing.

Position Overview:

This position is responsible for independently evaluating, structuring and underwriting the most complex C&I and specialty lending transactions including highly leveraged, enterprise value reliant, structured finance and sponsor finance/private equity backed transactions.

Candidate must be experienced in analyzing complex financial statements and projections and conducting due diligence and structuring loans including those to support leveraged buyouts, acquisitions and recapitalizations.

The ideal candidate will have a strong understanding of commercial lending practices and the ability to make sound credit decisions.

Act as a mentor to more junior team members.

Key Responsibilities:



* Credit Analysis: Independently evaluate complex financial statements, cash flow projections, and business plans to determine the creditworthiness and financial stability of the Borrower.

For specialty transactions, the evaluation includes determining leveraged lending classification, sensitizing management projections including an underwriting case and downside case, incorporate structural nuances, with assumptions that assess the borrower's capacity to repay in a reasonable timeframe.



* Loan Structuring: In collaboration with the deal team, develop and recommend appropriate structuring options (loan terms, conditions, and covenants) that align with the bank's risk profile and the borrower's repayment a...