Commercial Loan Underwriter

Chino Commercial Bank, N.A.•Chino, CA

About The Position

INTRODUCTION We welcome you to join our Chino Commercial Bank Team! We are currently looking to fill several Commercial Loan Underwriter positions with experienced and qualified professionals who are passionate, driven, collaborative, and solutions oriented. We are dedicated in creating a championing environment where you can grow and thrive. SUMMARY The position of Commercial Loan Underwriter reports directly to the Chief Credit Officer and is responsible for providing support, direction, as well as technical credit information, and loan policies and procedures to staff and line Officers to ensure the overall quality of the Bank’s lending portfolio. Under general direction, underwrites, approves/declines loans within defined limit of authority, and as deemed appropriate, recommends credit action / solutions to identified credit authorities for approval. The position of Commercial Loan Underwriter also participates with Senior Management in developing and monitoring loan policies and objectives. This Officer reviews requests for commercial, industrial or residential financing projects, incorporating information obtained from independent appraiser and cost engineers to analyze and identify the economic and market feasibility of the proposed project(s) and evaluates financial data to determine the credit risk. As additional direct responsibilities, provides for ongoing credit training as well as oversee and monitor the technical credit development of staff and line Officers. This Officer is accountable for adherence to Bank policies and procedures and must maintain compliance within audit, internal controls, security, BSA, CTR standards.

Requirements

Bachelor’s degree (BA) or equivalent from an accredited four year college or university; ten years related experience and/or training; or the equivalent combination of education and experience. Work related experience should consist of a financial analyzing or lending background. Educational experience, through in-house training sessions, formal school or financial industry related curriculum, should be business or financial industry related.
Mastered experience, knowledge and training in financial statement and tax return analysis typically resulting from a combination of education in accounting, financial and/or credit analysis or related areas.
Mastered experience, knowledge and training in all lending activities and terminology.
Mastered knowledge of commercial, construction, real estate and consumer loan processing.
Ability to read, analyze and interpret general business periodicals, professional journals, and technical procedures.
Mastered knowledge of related state and federal lending and compliance regulations, and other Bank lending policies.
Ability to develop marketing and business development skills with customers.
Basic skills in computer terminal and personal computer operation, mainframe computer system; and word processing and spreadsheet software.
Basic typing skills to meet production needs of the position.
Advanced math skills; calculate interest, commissions, proportions, and percentages; balance accounts; add, subtract, multiply and divide in all units of measure, using whole numbers, common fractions and decimals; locate routine mathematical errors; compute rate, ratio and percent, including the drafting and interpretation of bar graphs.
Excellent oral, written and interpersonal communication skills with the ability to apply common sense to carry out instructions and instruct others, interpret documents, understand procedures, write reports and correspondence, speak clearly to customers and employees.
Ability to deal with complex problems involving multiple facets and variables in non-standardized situations.
Basic knowledge of branch operation procedures, Bank products and services.
Excellent organizational and time management skills.
Ability to work with no supervision while performing duties.
Ability to lead less experienced loan officers and other staff members as assigned.
Current California driver’s license and a vehicle with appropriate insurance coverage if required to drive in the course of performing assigned duties and responsibilities.
The incumbent must be able to perform this position safely, without endangering the health or safety to himself or herself or others.

Responsibilities

Performs underwriting for commercial real estate loans including the more complex loans.
Independently interprets underwriting guidelines and keeps necessary parties informed relative to changes and updates.
Responds to inquiries to provide guidance and clarification.
May train or assist more junior commercial loan underwriters.
Reinforces the application of superior customer service through his or her own example along with appropriate follow through with involved customers and employees; conducts specific periodic meetings and presentations on this topic with all staff members.
Responds to inquiries or refers inquiries to the appropriate department or person; exhibits the necessary follow through with customers and/or staff involved.
Reviews and approves/declines large and complex loans prior to their submission to Loan Committee; reviews consist of making recommendations on loan structure, terms, and pricing so as not to expose the Bank to undue credit risk.
Assists in the supervision of the Bank’s special assets area in curing weak credits, collection of such credits, or the movement of such undesirable credits; assists in the compilation of loan status reports and implementing respective loan action plans; prepares a report re-aging the status of the Bank’s special assets for submittal to the Board of Directors for review.
Prepares and discusses loan information submitted to the Board of Directors for approval; loan information is defined as the calculation of the ALLL, graded loan reports, and other loan quality information and trends.
Ensures that individual loans are risk rated correctly when reviewing loans for loan committee submission.
Consistently applies good decision making techniques pertaining to inquiries, approvals, requests as they apply to existing policies and procedures, keeping within assigned approval limits and using these instances as learning tools for employee development.
Develops and maintains knowledge of financial industry, economy, market conditions, rates, vendors and competition.
Represents the Bank in various community, civic and community reinvestment functions to further enhance the Bank's image and develop additional business; assists the Bank in establishing and maintaining market position in the financing arena.
Cross-sells the Bank's other products and services, referring customers to appropriate staff as indicated.
Assist in establishing annual deposit and loan growth goals assigned by senior management and the Board of Directors; participates in various internal committees assigned by senior management and the Board of Directors.
Provides leadership and training to less experienced loan officers and other staff members.
Operates computer terminal or personal computer to obtain and process data.
Answers telephone and questions; directs callers to proper Bank personnel.