Siemens Careers

Senior Underwriter - Healthcare

Malvern, Pennsylvania

English (US)

Job Description

Division: Financial Services
Business Unit: Commercial Finance
Requisition Number: 225477
Primary Location: United States-Pennsylvania-Malvern
Assignment Category: Full-time regular
Experience Level: Mid level
Education Required Level: Bachelor's Degree
Travel Required: 5%

Division Description:

Siemens Financial Services, Inc. is the U.S. arm of the global Financial Services division of Siemens, (SFS), an international provider of business-to-business financial solutions. SFS helps facilitate investments, providing commercial finance, project and structured finance with specific asset expertise in the energy, healthcare, industry, and infrastructure markets. SFS supports Siemens as well as other companies with their capital needs and acts as an expert manager of financial risks within the Siemens Company. Leveraging its financing expertise and industrial know-how creates value for customers and helps them strengthen their competitiveness. As of September, 30, 2014, the total, global SFS assets amount to $27.9 billion.
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Job Description:

Position Overview

Looking for a individual who is ready to utilize their experience to contribute to the Commercial Finance Credit Underwriting Team at Siemens Financial Services. Your objective will be to prepare credit and rating reports and to make sound recommendations and credit decisions on prospective customers for products manufactured and sold by Siemens Operating Companies. You will report to the VP of Credit.



  • Analyze small and mid ticket transactions primarily in the Healthcare sector. Analysis will include financial assessment and risk ratings, debt capacity analysis, business plan assessment, sensitivity analysis, impact of documentation negotiations upon risk and other analysis as transactions dictate.
  • Review and interpretation of external rating agency reports.
  • Gather information from customers and industry sources with respect to proposed finance transactions.
  • Spread and analyze customer financial statements.
  • Prepare Credit and Risk Rating Reports.
  • Conduct in person and phone due diligence on prospective customers.
  • Conduct annual reviews for key accounts.
  • Maintain data integrity and compliance with company policy and procedures.
  • Communicate credit decisions to internal contacts.
  • Update and maintain customer information including financial information and lending limits.


Required Knowledge/Skills, Education, and Experience

  •  BA or BS degree in finance, business or related field.
  • 10 + years of mid market credit underwriting experience in a commercial (non-consumer) environment with expertise in the Healthcare market.
  • Ability to work independently in completing the underwriting due diligence process.
  • Proficiency with MS Office applications.
  • Proficiency with financial spread tools and financial ratio analysis.
  • Strong technical writing skills.
  • Travel requirement will be less than 5%.

Preferred Knowledge/Skills, Education, and Experience

  • Completion of formal bank or finance company training.
  • Experience in underwriting of tax exempt transactions.





Equal Employment Opportunity Statement
Siemens is an Equal Opportunity and Affirmative Action Employer encouraging diversity in the workplace. All qualified applicants will receive consideration for employment without regard to their race, color, creed, religion, national origin, citizenship status, ancestry, sex, age, physical or mental disability, marital status, family responsibilities, pregnancy, genetic information, sexual orientation, gender expression, gender identity, transgender, sex stereotyping, protected veteran or military status, and other categories protected by federal, state or local law.

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